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
