525 New Dundee Rd 105

Kitchener, N2P 0K8
FOR SALE
$632,000
525 New Dundee Rd 105, Kitchener
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
525 New Dundee Rd 105
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X11965673
MLSID
Contact Us
Property Description
Welcome to Rainbow Lake! Nestled at 525 New Dundee Road, this charming 2-bedroom, 2-bathroom condo seamlessly combines contemporary style with the tranquility of nature. Offering 1065 square feet of living space, the open-concept design effortlessly connects the kitchen, dining, and living areas, creating a welcoming environment perfect for both unwinding and hosting guests. The kitchen boasts plenty of cabinet space and sleek stainless steel appliances for all your culinary needs. Both generously sized bedrooms feature expansive closets for added convenience. Enjoy the outdoors on your private 83-square-foot balcony, offering a peaceful retreat. The building is packed with outstanding amenities, including a gym, yoga studio with sauna, library, social lounge, party room, and even a pet wash station. With Rainbow Lake just steps away, you'll have easy access to beautiful walking trails and serene lakeside views. Experience the best of modern living in this exceptional Kitchener condo. Make Rainbow Lake Retreat your new home today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-28 2024-12-31 127 $662,000 - Expired
Property Features
Grnbelt/Conserv, Lake/Pond, Park, Place Of Worship, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain14.17' x 16.34'Combined W/Dining
LivingMain11.68' x 12.17'
BrMain13.25' x 11.42'
2nd BrMain10.83' x 10.07'
Kitchener Market Statistics
Kitchener Price Trend
525 New Dundee Rd 105 is a 2-bedroom 2-bathroom condo listed for sale at $632,000, which is $213,500 (51.0%) higher than the average sold price of $418,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $14,000 (3.2%) compared to the previous 30 day period (December 22 - January 20) and up $282,750 (208.3%) from the same time one year ago.
Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.9% compared with the previous 30 day period (December 22 - January 20) and up 210.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,501 decrease compared to the previous 30 day period (December 22 - January 20) and ($1,900) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Kitchener over the last 30 days (January 21 - February 19) stood at 12.9%, down from 18.2% over the previous 30 days (December 22 - January 20) and down from 540.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Kitchener stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Corcoran Horizon Realty
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