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$659,900

2 Beds

2 Baths

1055 FEETSQ

QuickQuoteTM: $599K - $803K

Kitchener ON, N2P 0K8

MLS® # 40746990

Property Information:

Welcome to The Flats at Rainbow Lake, Unit #401, a highly sought after corner unit with incredible views of mature pine trees/protected land. Country/city urban living vibe. You'll enjoy extra sunlight, added privacy, and a quiet location within the building. Smart split-bedroom layout, placing the bedrooms on opposite sides of unit for maximum privacy-perfect for guests, roommates or a dedicated home office. Thinking of downsizing? PERFECT FOR SENIOR LIVING...active community activities. Tired of paying rent? This bedroom layout is perfect opportunity for CO-OWNERSHIP with a friend, relative, parent. The bright, open-concept kitchen area flows effortlessly into the living room/dining room area, sliding doors out to covered balcony. It's the perfect place to relax and unwind while enjoying breathtaking sunsets. UPGRADES INCLUDE: quartz countertops, kitchen "long island" seats 4, pot lights and dimmers switches throughout, under cabinet lighting, all closets and storage by Closets by Design, custom sliding door blinds, solid wood kitchen slider drawers. The unit is close walking distance to the elevators, and fire escape stairwell is steps from the front door. Residents enjoy an impressive list of amenities, including a fully equipped gym, yoga studio, sauna, games room with pool table and darts, library with cozy study booths, dog washing station, social meeting tables and inviting lounge areas, party room (rental fee) bike storage room, incoming and outgoing mail room, parcel delivery room, organized resident social groups and events. This building is pet friendly with restrictions. Step outside and enjoy scenic walking trail around the building. The country living feel all while enjoying the convenience of quick access to Highway #401 and the convenience of Kitchener's amenities just a short drive away. Whether you're downsizing, investing, or simply looking for a peaceful, maintenance-free living with a strong sense of community, this unit checks all the boxes!

Inclusions: Built-in Microwave,Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer,Window Coverings,Stainless Steel Appliances: Fridge, Stove, Dishwasher, Microwave. All Window Coverings. Stacked Washer And Dryer.

Exclusions : Two Tv Plus Tv Wall Brackets. Seller To Repair Where Wall Brackets Installed Prior To Closing.

Building Features:

  • Floor Space: 1055 Square Feet

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2+0
  • Architectural Style: 1 Storey/Apt
  • Association Amenities: Barbecue, Elevator(s), Fitness Center, Game Room, Library, Party Room, Sauna, Parking
  • Condo Fees: $483
  • Construction Materials: Concrete
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1055 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Air Exchanger, Built-In Appliances
  • Laundry Features: In-Suite
  • Lot Features: Urban, Near Golf Course, Greenbelt, Highway Access, Hospital, Major Highway, Open Spaces
  • Roof: Flat
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: COM3 NHC1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 1

Rooms:

  • Dining Main Level 2.11 X 3.51 X 2.74
  • Kitchen Main Level 4.01 X 3.12 X 2.74
  • Living Main Level 3.07 X 3.51 X 2.74
  • Other Main Level
  • Bedroom Main Level 3.07 X 3.81 X 2.74
  • Bathroom Main Level
  • Bedroom Main Level 3.15 X 3.61 X 2.74
  • Storage Main Level 3.07 X 1.78 X 2.74
  • Other Main Level 4.29 X 2.16 X 2.74

Courtesy of: RE/MAX TWIN CITY REALTY INC., BROKERAGE

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Location of 401-525 New Dundee Road, Kitchener, ON, N2P 0K8

Demographic Information of 401-525 New Dundee Road, Kitchener, ON, N2P 0K8

Life Stage

Middle-Aged with Teens

Employment Type

Service Sector/White Collar

Average Household Income

$154,955.24

Average Number of Children

1.98

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.0 %

High school certificate or equivalent

23.34 %

Apprenticeship trade certificate/diploma

4.31 %

College/non-university certificate

19.64 %

University certificate (below bachelor)

2.62 %

University Degree

37.09 %

Commuter

Travel To Work

By Car

94.27 %

By Public Transit

1.84 %

By Walking

0.84 %

By Bicycle

0.0 %

By Other Methods

3.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.16 %

Houses

94.84 %

Own Vs. Rent