The Flats at Rainbow Lake

Urban Living by the Lake

Welcome to The Flats at Rainbow Lake!

Urban Living By The Lake

Imagine living where trail riding, canoeing and fishing are your backyard activities. Picturesque views

come standard and the serenity of nature calls each day.

Location

525 New Dundee Road, Kitchener, ON

Deposit Structure

Extended Deposit Structure

15% Deposit in 365 days

$10,000 upon signing

10% of the purchase price in 30 days (less $10,000 deposit)

5 % of the purchase price in 365 days

Occupancy Date April 2, 2024

Maintenance Fees

$0.39 /sq ft

$25.00 / month for parking

INCENTIVES

Parking

Surface Parking Included in Purchase Price

ASSIGNMENT

(permitted $10,000 Assignment fees)

Capped Development Charges (Capped at $2,500)

Right to Lease During Occupancy

One Surface Parking Included

One Year Membership to the Rainbow Lake

Conservation Association

● Appliances - stainless-steel fridge, stove, dishwasher, over the range microwave ● Washer and dryer

Included in Condo fees: • Building and condominium management • Building security, Amenity rooms, lobbies -- utilities and maintenance • Common areas, parking and property cleaning and maintenance • Snow removal, landscaping • Garbage and recycling • Building insurance, reserve fund contribution • Free WIFI in all indoor amenities / common areas

Other Key Points

● Unique setting in a natural environment adjacent to a private conservation area ● Large one and two bedroom units compared to other projects in the Region ● Immediate access to Highway 401 ● Located in the highly desirable Southwest Kitchener Area ● Close proximity to Conestoga College ● Modern finishes, high-quality suites ● Abundance of incredible amenities, both inside and outside the building

Suite Features: • 2 Base colour sections to choose from • Kitchen - quartz countertops • Stainless steel appliances ▪ Energy star rated refrigerator ▪ Electric range/oven ▪ Over the range microwave ▪ Energy Star rated Dishwasher ▪ Full size stacked washer/dryer ▪ Quality wood grain plank laminate or laminate vinyl tile flooring in entry, living, dining, kitchen, closets and bedrooms ▪ Porcelain tile in bath and laundry