525 New Dundee Road Unit 101, Kitchener

Price: $417,000

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X12882382

Welcome to 525 New Dundee Road, Unit 101. A modern and bright one-bedroom condo located on the main floor of a newly built building. This spacious unit features impressive 10-foot ceilings and a thoughtfully designed open-concept layout, creating an airy and inviting living space. Step out onto your private balcony, where you can enjoy peaceful views of the forest and walking trail just beyond. The stylish kitchen is equipped with stainless steel appliances, sleek cabinetry, and a reverse osmosis water system, offering both functionality and modern appeal. The living area is enhanced with power remote-control blinds, providing effortless comfort and convenience. This well-appointed unit also includes in-suite laundry, ample storage, and contemporary finishes throughout. Residents enjoy access to exceptional building amenities including a fitness centre, sauna, party room, library, pet wash station, and a beautifully designed outdoor patio with BBQs. Perfect for entertaining or unwinding. Ideally located just minutes from Highway 401, Conestoga College, shopping, restaurants, and scenic walking trails, this home offers the perfect balance of comfort, nature, and accessibility. A fantastic opportunity for first-time buyers, down-sizers, or investors looking for low-maintenance living in a growing community.

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$417,000 - 525 New Dundee Road Unit 101, Kitchener

Condo for Sale in Kitchener

98 days on market
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X12882382
Property Type
Condo
Status
active
Days on Site
98
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX Real Estate Centre Inc.
Description

Welcome to 525 New Dundee Road, Unit 101. A modern and bright one-bedroom condo located on the main floor of a newly built building. This spacious unit features impressive 10-foot ceilings and a thoughtfully designed open-concept layout, creating an airy and inviting living space. Step out onto your private balcony, where you can enjoy peaceful views of the forest and walking trail just beyond. The stylish kitchen is equipped with stainless steel appliances, sleek cabinetry, and a reverse osmosis water system, offering both functionality and modern appeal. The living area is enhanced with power remote-control blinds, providing effortless comfort and convenience. This well-appointed unit also includes in-suite laundry, ample storage, and contemporary finishes throughout. Residents enjoy access to exceptional building amenities including a fitness centre, sauna, party room, library, pet wash station, and a beautifully designed outdoor patio with BBQs. Perfect for entertaining or unwinding. Ideally located just minutes from Highway 401, Conestoga College, shopping, restaurants, and scenic walking trails, this home offers the perfect balance of comfort, nature, and accessibility. A fantastic opportunity for first-time buyers, down-sizers, or investors looking for low-maintenance living in a growing community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,139.43/mo

Includes CMHC insurance ($11,634)

$
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5%10%50%

5-yr fixed avg.

Principal: $375,300Interest: $254,894
Mortgage Amount$386,934
Total Interest$254,894
Est. Property Tax$295/mo
Total Cost$641,828

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

525 New Dundee Road Unit 101, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$295
Insurance (est.)-$87
Net Cash Flow+$898

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $521/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 98 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    525 New Dundee Road Unit 101, Kitchener | $417,000 | Battaglia Team