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    for sale
    84 Days on Strata
    Est Sell Timeframe:
    25 Days
    $599,000
    Get price change & sold alerts
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT

    Price History


    Maintenance Fees:
    $443/mth
    Taxes:
    $4,504 (2025)
    Property Type:
    Condo Apartment
    Cost Per Sqft:
    $599/sqft
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    Yes
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    West

    Amenities

    Elevator
    Gym
    Party Room
    Sauna

    About this Listing

    Welcome to Rainbow Lake! This inviting 2-bedroom, 2-bathroom condo at 525 New Dundee Road offers a comfortable blend of modern living and natural surroundings. With over 1,000 sq ft of space, the open-concept layout flows easily from the kitchen to the dining and living areas, making it a great place to relax or spend time with friends. The kitchen has plenty of cabinet space and modern stainless steel appliances, and both bedrooms are generously sized with large closets for extra storage. Your private balcony is perfect for morning coffee, a quiet evening break, or simply taking in some fresh air. The building also has a great mix of amenities to fit your daily routine - get a workout in at the gym, unwind in the sauna, or host gatherings in the party room or social lounge. If you love the outdoors, you're steps from the walking trails around Rainbow Lake, where you can enjoy peaceful views, nature walks, and time outside whenever you need it. And for commuters, the quick access to Highway 401 makes getting around the region simple and stress-free. This condo offers comfort, convenience, and a beautiful natural setting all in one place!

    ExtrasDryer, Refrigerator, Stove, Washer

    corcoran horizon realtyMLS® #X12703786

    Utilities & Inclusions

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

    Rooms


    Kitchen
    12.66 x 10.66ft
    Combined with Dining
    Living
    17.09 x 10.01ft
    Bedroom
    10.76 x 11.52ft
    Bedroom
    10.34 x 12.4ft

    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