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Property Type: Condo / ApartmentOwnership: Condominium
225 - 525 NEW DUNDEE ROAD
Kitchener, ON N2P0K8
MLS® X13690174
$565,000
2 bed3 bath1 parking
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $498/mo
- Annual property tax
- $4,504
Maintenance Fee Includes
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
Description
A MUST SEE!. Immaculately Maintained 2 Bed + 2 Washrooms Offers a Comfortable Blend of Modern Living and Natural Surroundings. Open Concept. Private Balcony. Large Closets. Mix of Amenities to Fit To Your Daily Routine That offers Workout in The Gym, Unwind in the Sauna, Host Gatherings in the Party Room or Social Lounge. Steps From the Walking Trails Around Rainbow Lake. Easy access to 401. Offers Comfort, Convenience, and a Gorgeous Natural Setting All In One Place (id:63161)
Listing Information
- MLS®
- X13690174
- Data last synced
- October 27, 2026
RIGHT AT HOME REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RIGHT AT HOME REALTY
MLS® Number: X13690174
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$454/sqft
380 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.6% ($31,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$452,000.00
Periodic payment — Principal & Interest (monthly)$2,916.15
Additional monthly expenses (condo fees, tax, utilities, etc.)$873.33
Total monthly cost$3,789.48
Interest paid over 5-yr term$129,544.50
Balance at end of term$406,575.46
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$31,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,136.62
Cash Needed at Closing
Minimum down payment$31,500
Estimated Land Transfer Tax (LTT)$7,775
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,775
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
