The Flats at Rainbow Lake

The most anticipated preconstruction project in Kitchener.

"The Flats at Rainbow Lake" is an upcoming condominium community developed by HIP Developments, currently in the construction phase at 525 New Dundee Road in Kitchener. The project is anticipated to be completed in 2023. Potential buyers can choose from available units ranging in price from $525,800 to $595,800. This development comprises a total of 184 units, offering various floor plans with sizes ranging from 654 to 1065 square feet.

Located in the lower Doon area, Rainbow Lake is a hidden gem, offering a tranquil and private conservation area where residents can embrace a closer connection with nature. Despite its serene surroundings, it is conveniently situated near all the amenities and attractions that the city of Kitchener has to offer. The lake itself is an impressive feature, boasting a depth of over 45 feet and is known for its rainbow trout population. It provides residents with opportunities for swimming, fishing, canoeing, and exploration, adding to the natural allure of the community.

Developer's Link: https://www.hipdevelopments.com/

Deposite Structure:

• $10,000 due upon signing the Agreement of Purchase and Sale
• 5% of the purchase price due within 30 days, with the deposit deducted from this amount
• 15% of the purchase price due upon occupancy.

Amenities:

• Social Lounge
• Outdoor Terrace
• Electric Vehicle Charging Stations
• Pet Wash
• Sauna
• WiFi in Amenity Areas
• Library
• Pathways
• Bike Room
• Lobby
• Fitness Centre