The Flats at Rainbow Lake

Overview

Quick facts

Developer

HIP Developments

Address

525 New Dundee Road, Kitchener

Pricing

Starting From The $600s

Occupancy

August 2023 Suite Types:  One Bedroom – Two Bedroom Suites Suite Sizes:  659 sq ft – 1,056 sq ft

Maintenance Fees

$0.39 cents/sq ft (Includes: 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) Deposit Structure:  $10,000 on Signing // 5% in 30 Days // Balance to 20% on Occupancy

Incentives*

Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies (Capped at $2,500), Assignment, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Right to Lease During Occupancy, One Surface Parking Included, One Year Membership to the Rainbow Lake Conservation Association, 2 Year Lease Guarantee at $3,000/month (For One Bedroom & One Bedroom + Den Suites Only), 2 Year Property Management & Tenant Fill Suite Finishes:  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, Laminate vinyl tile flooring in entry, living, dining, kitchen, closets and bedrooms, Porcelain tile in bath and laundry Building Amenities:  Outdoor terrace with communal table, outdoor kitchen/bar, trellis, Fitness & Yoga including an indoor sauna, Lobby, Lounge, Library, Party room with kitchen, Bike storage rooms, Pet wash room, Parkette and pathway, E/V roughed-in parking spaces, parking spaces

Additional information

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