Flats at Rainbow Lake

525 New Dundee Rd, Kitchener, ON

Development By - HIP Developments

Pricing From
Developer Sold Out

(703 votes, average: 5 out of 5)

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Flats at Rainbow Lake

525 New Dundee Rd, Kitchener, ON

Development By - HIP Developments

Pricing From
Developer Sold Out

(703 votes, average: 5 out of 5)

Register

Building Type Condominium

City Kitchener

Neighbourhood -

Development By HIP Developments

Development Status Pre-Construction

Sales Status Sold Out

Price Range Developer Sold Out

Suite Sizes 659 - 1,056 sq. ft.

Avg. Price/Sq. Ft $623

Occupancy 2023

Storeys 10

Units 184

Extras

Parking Price Included

Locker Price N/A

Maint. Fees $0.39 / sq ft / month

Flats at Rainbow Lake

Rainbow Lake Flats is a serene 10-storey condo development by HIP Developments, nestled on 4.4 acres of pristine lakeside property in Southwest Kitchener. Seamlessly blending Scandinavian-inspired design with the natural beauty of its surroundings, this thoughtfully planned residence offers panoramic views of Rainbow Lake and direct access to over 45 acres of conservation land. Ideal for nature lovers and outdoor enthusiasts, Rainbow Lake Flats places residents steps from scenic trails, water activities, and lush green space, while also ensuring convenient connectivity to Highway 401, Grand River Transit, and essential urban amenities.

Highlights

  • Located in Southwest Kitchener near New Dundee Rd & Homer Watson Blvd.
  • Developed by HIP Developments, known for community-focused projects.
  • Scandinavian-inspired architecture blending nature with modern living.
  • Situated beside Rainbow Lake with direct lake views.
  • Surrounded by 45 acres of protected conservation area.
  • Access to scenic trails, lush parks, and tranquil natural surroundings.
  • Ideal for outdoor activities such as swimming, fishing, and canoeing.
  • Immediate connectivity to Highway 401 for seamless commuting.
  • Minutes from shopping centres, dining spots, and entertainment hubs.
  • Close proximity to schools, healthcare facilities, and Conestoga College.
  • Walking distance to Grand River Transit bus routes.
  • Peaceful lakeside setting with urban conveniences nearby.
  • Designed for nature and wellness-focused lifestyles.
  • Located in one of Kitchener’s most desirable and connected neighbourhoods.
  • Offers a unique balance of sustainability, design, and community spirit.

Location & Neighbourhood

Rainbow Lake Flats is perfectly positioned in one of Southwest Kitchener’s most sought-after neighbourhoods, offering a harmonious blend of natural beauty and urban convenience. Just minutes from the condo, residents have access to shopping plazas, local restaurants, grocery stores, and entertainment venues, while nearby schools, hospitals, and Conestoga College make it ideal for families and students alike. With immediate access to Highway 401 and Grand River Transit within walking distance, commuting throughout the region is effortless. The surrounding community is peaceful, well-connected, and filled with green spaces, making it a highly desirable location for modern, balanced living.

Features & Finishes

Rainbow Lake Flats showcases a refined blend of natural elements and contemporary design, offering thoughtfully crafted suites with sleek, Scandinavian-inspired interiors. Each unit is designed with open-concept layouts, expansive windows for abundant natural light, and private outdoor spaces to take in the surrounding views. Residents can expect high-quality finishes including modern kitchens with quartz countertops, premium cabinetry, stainless steel appliances, and stylish flooring throughout. The building also features curated amenities that promote wellness and community living, all set within a serene lakeside environment that elevates everyday life.

About The Developers

HIP Developments embarked on a new direction with novel concepts, building more than just real estate. They understood that contributing to the social and economic development of the community in which you operate is the key to long-term success in the real estate industry. Not only about buildings, either. They made a commitment to actively contribute to the growth of culturally diverse neighbourhoods and high standards of living.

Deposit Structure – Min. 20%

$10,000 upon signing the Agreement of Purchase and Sale
5% of the purchase price due in 30 days less the deposit
15% of the purchase price due on occupancy
Development Levies
Capped Development Charges at $2,500
Assignment Policy
Assignment Fee of $10,000

Flats at Rainbow Lake Floor Plans

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