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Property Type: Condo / ApartmentOwnership: Condominium
525 NEW DUNDEE Road Unit# 207
Kitchener, ON N2P0K8
MLS® 40850985
$551,000
2 bed2 bath1 parking951 sqftBuilt 2023
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 5
COM3 NHC1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $423/mo
- Annual property tax
- $4,206
Maintenance Fee Includes
Also included: Landscaping
Interior
- Basement
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 10'6'' x 12'8'' |
| Bedroom | Main level | 12'2'' x 9'10'' |
| Living room | Main level | 14'10'' x 11'10'' |
| Kitchen/Dining room | Main level | — |
| 3pc Bathroom | Main level | — |
Description
Welcome to Unit 207 at 525 New Dundee Road, a bright and modern two bedroom, two bathroom condo in the heart of Doon South. Built in 2023, this 951 square foot suite feels fresh, current, and truly move in ready. Step inside and you will immediately notice the open concept layout that makes everyday living feel easy and connected. The space is filled with natural light and offers a wonderful flow between the living, dining, and kitchen areas, perfect for relaxing evenings or entertaining friends and family. Both bedrooms are generously sized, and having two full bathrooms means comfort and privacy for everyone in the home. Enjoy your own private balcony, ideal for morning coffee or unwinding after a long day. This unit also comes with one owned parking space, and the building itself is full of amenities designed to elevate your lifestyle. Residents can take advantage of the party room, exercise room, sauna, and visitor parking, plus an elevator for effortless access to your floor. Set in the desirable Doon South neighbourhood, this location truly has it all. You are close to schools, shopping, trails, and public transit, with quick access to major highways for an easy commute. Downtown Kitchener is just a short drive away, giving you the best of both worlds, a peaceful residential setting paired with convenient city access. This is a fantastic opportunity to own a nearly new, beautifully laid out condo in one of Kitchener's most sought after growing communities. Come experience the comfort, convenience, and lifestyle that 509 525 New Dundee Road has to offer. (id:63159)
Listing Information
- MLS®
- 40850985
- Data last synced
- October 18, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40850985
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$579/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$466/sqft
22 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: 5.5% ($30,100) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$440,800.00
Periodic payment — Principal & Interest (monthly)$2,843.89
Additional monthly expenses (condo fees, tax, utilities, etc.)$821.50
Total monthly cost$3,665.39
Interest paid over 5-yr term$126,334.55
Balance at end of term$396,501.03
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$30,100
Stress test qualifying rate8.19%
Payment you must qualify for$4,038.92
Cash Needed at Closing
Minimum down payment$30,100
Estimated Land Transfer Tax (LTT)$7,495
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,095
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.
