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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14128198For LeaseComm Element Condo

425-525 New Dundee Rd

Kitchener, Ontario N2P 0K8

Map
1 / 42
425-525 New Dundee Rd, Kitchener, photo 1
Rent$2,500 /mo
Bedrooms
2
Bathrooms
1
Size
1,000–1,199sq ft
Built
0-5
Parking
1none
Days on market
Members

The brief

About 425-525 New Dundee Rd

425-525 New Dundee Rd is a 2-bedroom, 1-bathroom condo in Kitchener, listed for rent at an asking rent of $2,500 a month (MLS® X14128198).

Modern 2-Bedroom Condo at Rainbow Lake - Kitchener. Welcome to The Flats at Rainbow Lake, located in the desirable Doon South community of Kitchener! This well-designed 2-bedroom, 1-bathroom condo offers comfortable, modern living in a fantastic location. Featuring a functional layout with an open-concept living and dining area, this unit is ideal for professionals, couples, small families, or those looking for additional space to work from home. Residents can enjoy an impressive range of building amenities, including a fitness centre, yoga studio, sauna, social lounge, party room, library, and pet wash station. Enjoy the added appeal of nearby Rainbow Lake Conservation Area, scenic walking trails, parks, and green spaces. Conveniently located close to shopping, restaurants, public transit, Conestoga College, and Highway 401, this property offers an excellent combination of convenience, lifestyle, and access to nature. Don't miss this opportunity to lease in one of Kitchener's sought-after condominium communities!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

MLS® number
X14128198
Board
TRREB MLS®
Property Type
Comm Element Condo
Building Age
0-5
Days on market
Size
1000-1199 sqft
Listed on
Parking
None, 1 Parking
Lease terms
1 Year
Listing brokerage: CORCORAN HORIZON REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Comm Element Condo
Style
1 Storey/Apt
Municipality
Kitchener

Building

Size
1000-1199 sqft
Building Age
0-5
Construction
Brick

Inside

Bedrooms
2
Bathrooms
1
Bathroom Details
1 × 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Poured Concrete
Roof
Membrane
Fireplace
No
Den
No
Family room
No
Extras
Fridge, stove, dishwasher, rangehood, built-in microwave, washer & dryer.

Rooms

RoomSizeFeaturesLevel
Kitchen4.32 × 4.98 m—Main
Living3.56 × 3.71 m—Main
Primary4.04 × 3.48 m—Main
Br3.3 × 3.07 m—Main

Listing history

Buy/sell history for 425-525 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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,500N/AFor LeaseX14128198

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage tools

Mortgage tools apply to sale listings.

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 leases

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 8 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideA mapped wetland is within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 2.7 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas1 open development application within 250 mNearest airport: 8.9 kmA trail on the Ontario trail network within 1 km2 licensed pits or quarries within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Fibre to the home, Cable, DSL internet listed for this area
On record Checked, none on record

Water and conservation3

  • A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
  • No water-supply well recorded within 250 m13 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 2.7 m below ground nearbyThe middle water level in the well records within 500 m (72 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 8.9 km8.9 km

Province of Ontario open data · Municipal development applications

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • 2 licensed pits or quarries within 2 kmThe nearest is 1.4 km away, as mapped.2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Forterra Pipe & Precast Ltd. — Cambridge Plant, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet2

  • Electricity is distributed here by Enova Power Corp.At the address
  • Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kitchener. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Kitchener right now

For sale now
7
Median asking price
$480K

Middle half: $412K to $532K

New in 7 days
1

1 in 28 days

Price cuts
29%

2 listings

This home is asking 99% below the median, lower than three quarters of them.

See all homes in Kitchener

Asking 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

ElementaryTypeDistanceEQAO average 2024–25
Willow River Public SchoolWaterloo Region DSBPublic · grades JK–8500 m—
Groh Public SchoolWaterloo Region DSBPublic · grades JK–8 · French Immersion1.5 km81%Grade 6 average
St Timothy Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–82.6 km80%Grade 6 average
ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–66.4 km61%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Huron Heights Secondary SchoolWaterloo Region DSBPublic · grades 9–124.5 km61%Grade 9 math
Preston High SchoolWaterloo Region DSBPublic · grades 9–124.8 km67%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.5 km70%Grade 9 math
St Mary's High SchoolWaterloo CDSBCatholic · grades 9–126.5 km48%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

Similar Active Listings

Recently sold nearby

Sold prices in Kitchener are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record