- Bedrooms
- 2
- Bathrooms
- 3
- Size
- 1,000–1,199sq ft
- Per sq ft
- $514at the range’s middle
- Tax a year
- $4,5042026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 225-525 New Dundee Rd
225-525 New Dundee Rd is a 2-bedroom, 3-bathroom condo in Kitchener, listed for sale at an asking price of $565,000 (MLS® X13690174).
A MUST SEE!. Immaculately Maintained 2 Bed + 2 Washrooms Offers a Comfortable Blend of Modern Living and Natural Surroundings. Open Concept. Private Balcony. Large Closets. Mix of Amenities to Fit To Your Daily Routine That offers Workout in The Gym, Unwind in the Sauna, Host Gatherings in the Party Room or Social Lounge. Steps From the Walking Trails Around Rainbow Lake. Easy access to 401. Offers Comfort, Convenience, and a Gorgeous Natural Setting All In One Place
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall18/100−$1,451/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 156 homes with 2 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,504 / 2026
- MLS® number
- X13690174
- Board
- TRREB MLS®
- Property Type
- Comm Element Condo
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Comm Element Condo
- Style
- Apartment
- Municipality
- Kitchener
Building
- Size
- 1000-1199 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc, 2 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $498
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.6 × 3.72 m | Laminate, Combined W/Dining, Open Concept | Main |
| Dining | 4.33 × 5.0 m | Laminate, Combined W/Kitchen, W/O To Balcony | Main |
| Kitchen | 4.33 × 5.0 m | Laminate, Combined W/Dining, Centre Island | Main |
| Primary | 3.51 × 4.05 m | Laminate, Ensuite Bath, Closet | Main |
| 2nd Br | 3.08 × 3.08 m | — | Main |
Listing history
Buy/sell history for 225-525 New Dundee Rd, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $565,000 | N/A | Pc | X13690174 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $113,000
- Total mortgage amount
- $452,000
- Total interest payment
- $321,400
- Total purchase cost
- $886,400
- Mortgage payment
- $2,578/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
65%Monthly carrying cost
$3,451- Rent $2,000
- Shortfall $1,451
Rental income opens at $2,000, the median asking rent of 156 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,775
- Total land transfer tax
- $7,775
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,775
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $565,000
- $3,300
- Ontario total
- $7,775
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Kitchener right now
- For sale now
- 7
- Median asking price
- $480K
- New in 7 days
- 1
- Price cuts
- 29%
Middle half: $412K to $532K
1 in 28 days
2 listings
This home is asking 18% above the median, higher than three quarters of them.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Willow River Public SchoolWaterloo Region DSB | Public · grades JK–8 | 500 m | — |
| Groh Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 1.5 km | 81%Grade 6 average |
| St Timothy Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 2.6 km | 80%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 6.4 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Huron Heights Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 4.5 km | 61%Grade 9 math |
| Preston High SchoolWaterloo Region DSB | Public · grades 9–12 | 4.8 km | 67%Grade 9 math |
| ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 6.5 km | 70%Grade 9 math |
| St Mary's High SchoolWaterloo CDSB | Catholic · grades 9–12 | 6.5 km | 48%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Kitchener are shown to signed-in members.