The Flats at Rainbow Lake

"The Flats at Rainbow Lake" is an exciting condominium community developed by HIP Developments, currently undergoing construction at 525 New Dundee Road in Kitchener. Expected to be completed in 2023, this development offers potential buyers a choice of units with prices ranging from $525,800 to $595,800. The project encompasses a total of 184 units, presenting various floor plans with sizes spanning from 654 to 1065 square feet.

Nestled in the lower Doon area, Rainbow Lake serves as a hidden gem, providing a serene and private conservation area that allows residents to cultivate a closer connection with nature. Despite its tranquil surroundings, the community is conveniently located near the array of amenities and attractions that the city of Kitchener has to offer. The lake itself is a remarkable feature, with a depth exceeding 45 feet and renowned for its population of rainbow trout. Residents can enjoy activities such as swimming, fishing, canoeing, and exploration, enhancing the natural allure of this community.

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

Builder's Site: https://www.hipdevelopments.com/