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    for sale
    10 Days on Strata
    Est Sell Timeframe:
    25 Days
    $499,000
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    2 Beds
    2 Bath
    1 Parking
    912 SQFT

    Price History


    Maintenance Fees:
    $384/mth
    Taxes:
    $4,037 (2025)
    Property Type:
    Condo Apartment
    Cost Per Sqft:
    $547/sqft
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    Yes
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    West

    Amenities

    Party Room
    Sauna
    Visitor Parking
    Gym

    About this Listing

    Welcome to Rainbow Lake Retreat, a quiet and comfortable place to call home. This two bedroom, two bathroom condo at 525 New Dundee Road offers 912 square feet of well laid out living space that's easy to enjoy day to day. The open concept design connects the kitchen, dining, and living areas, making the space feel bright and functional whether you're relaxing or having people over. The kitchen includes stainless steel appliances, plenty of cabinet space, and a practical layout that just works. Both bedrooms are a good size with ample closet space, and the primary bedroom features its own three piece ensuite for added privacy. The balcony is a great bonus, giving you extra room to unwind, have your morning coffee, or set up a small outdoor space that suits your lifestyle. The building itself has a lot to offer, including a gym, yoga studio with sauna, library, party room, social lounge, and even a pet wash station. One of the standout features here is the location. Backing onto the conservation area around Rainbow Lake, you'll have easy access to walking trails, water views, and a peaceful natural setting right outside your door. Conveniently located just minutes from Highway 401, shopping, restaurants, and everyday amenities, this condo offers the perfect balance of nature and accessibility. Whether you're a first-time buyer, downsizer, or investor, this is a great opportunity to enjoy low-maintenance living in a well-managed building in a desirable setting.

    ExtrasDryer, Refrigerator, Stove, Washer, Window Coverings

    corcoran horizon realtyMLS® #X12939756

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Living
    11.75 x 12.01ft
    Kitchen
    8.33 x 13.85ft
    Primary
    9.51 x 10.66ft
    Bedroom
    10.66 x 10.83ft

    Open House

    6 upcoming events scheduled

    SAT11April

    12PM - 2PM

    April 11, 2026

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Days on Strata

    Units at Flats at Rainbow Lake spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Doon South

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 11 condos in the Doon South area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    33
    Units were Rented over the past twelve months

    Best Value Rank

    Flats at Rainbow Lake offers the
    ?
    N/A
    best value out of 11 condos in the Doon South neighbourhood

    Appreciation Rank

    Flats at Rainbow Lake has the
    ?
    N/A
    highest ROI out of 11 condos in the Doon South neighbourhood

    Rental Yield

    Flats at Rainbow Lake yields the
    ?
    N/A
    highest rent prices out of 11 condos in the Doon South neighbourhood

    High Demand

    Flats at Rainbow Lake is the
    ?
    N/A
    most popular building out of 11 condos in the Doon South neighbourhood

    Market Insights

    Transaction Insights at Flats at Rainbow Lake

    1 Bed1 Bed + Den2 Bed
    Price Range$412,500 - $457,000No DataNo Data
    Avg. Cost Per Sqft$596No DataNo Data
    Avg. Wait for Unit Availability89 DaysNo DataNo Data
    Ratio of Units in Building53%2%46%

    Market Inventory

    Total number of units listed and sold in Doon South