43.3733° N · 80.4199° W — Kitchener — MLS® #X14089720
516-525 New Dundee Rd
$394,900
Kitchener, Ontario N2P 0K8
- 1
- BedroomsBeds
- 1
- BathroomsBaths
- 600-699 sqft600-699
- SizeSq ft
Inquire about this listing
In short · from the listing record
516-525 New Dundee Rd is a 1-bedroom, 1-bathroom condo in Kitchener, listed for sale at an asking price of $394,900 (MLS® X14089720).
Welcome to Unit 516 at 525 New Dundee Road in Kitchener, located in The Flats at Rainbow Lake in desirable Doon South. This bright and modern 1-bedroom, 1-bathroom condo features a functional open-concept layout with combined kitchen, dining, and living areas, modern finishes, stainless steel appliances, and in-suite laundry. Large windows provide plenty of natural light, while the private balcony offers additional outdoor living space.Building amenities include a fitness centre, sauna, library, party room, social lounge, pet wash station, and a beautifully designed outdoor patio with BBQ area. Located near Rainbow Lake, walking trails, parks, and green spaces, with convenient access to Highway 401, Conestoga College, shopping, restaurants, public transit, and everyday amenities. A great opportunity for a first-time buyer, investor, professional, or downsizer looking for modern, low-maintenance living in Kitchener.
Listing readings
How it measures up
Scores from the listing record and the market around it.
66Fair
Condition score
4 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
33Shortfall
Cash flow quality
−$645/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 73 condos with 1 bedroom 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 data table
Every fact
Everything the board publishes for this home.
- Tax
- $3,324 / 2025
- MLS® number
- X14089720
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Time on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 1 Parking
Listing history
Listing activity for 516-525 New Dundee Rd, Kitchener, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $394,900 | N/A | For Sale | X14089720 |
Inside
Room by room
From the listing.
- Br3.81 × 3.07 m
- Living3.78 × 3.76 m
- Kitchen4.09 × 3.48 mCombined W/Dining
- Bathroom0.0 × 0.0 m
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Municipality
- Kitchener
Building
- Size
- 600-699 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 1
- 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
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Around it
Condo Apt in Kitchener
Active listings only, today.
Condos for sale in Kitchener right now
- For sale now
- 155
- Median asking price
- $350K
- New in 7 days
- 15
- Price cuts
- 20%
Middle half: $300K to $400K
60 in 28 days
31 listings
This home is asking 13% above the median.
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.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandOn recordA mapped wetland is within 120 m Development close to a wetland can need extra review.
- aggregateOn record2 licensed pits or quarries within 2 km The nearest is 1.4 km away, as mapped.
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- devappsOn record1 open development application within 250 m An application is a proposal: it may change, be refused or never be built.
- airportOn recordNearest airport: 8.9 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 13 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 2.7 m below ground nearby The middle water level in the well records within 500 m (72 records). It changes with the season and from spot to spot.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Forterra Pipe & Precast Ltd. — Cambridge Plant, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Enova Power Corp.
- broadbandOn recordFibre to the home, Cable, DSL internet listed for this area Fibre 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.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Grand River Conservation Authority or 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.
Land transfer tax on this home
- Ontario land transfer tax
- $4,399
- Total land transfer tax
- $4,399
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $399
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 $394,900
- $2,174
- Ontario total
- $4,399
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Willow River Public SchoolWaterloo Region DSBPublic · grades JK–8—500 m
- Groh Public SchoolWaterloo Region DSBPublic · grades JK–8 · French Immersion81%Grade 6 average1.5 km
- St Timothy Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–880%Grade 6 average2.6 km
- ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–661%Grade 6 average6.4 km
SecondaryGrade 9 math 2024–25
- Huron Heights Secondary SchoolWaterloo Region DSBPublic · grades 9–1261%Grade 9 math4.5 km
- Preston High SchoolWaterloo Region DSBPublic · grades 9–1267%Grade 9 math4.8 km
- ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1270%Grade 9 math6.5 km
- St Mary's High SchoolWaterloo CDSBCatholic · grades 9–1248%Grade 9 math6.5 km
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.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$2,395
- Mortgage$1,802
- Property tax$277
- Condo or maintenance fee$316
A planning figure, not a quote.
Land transfer tax
$4,399
$399 for first-time buyers.
Rent, similar homes
$1,750
a month, median asking rent of 73 similar homes in Kitchener.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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