The Flats at Rainbow Lake Condos — Kitchener Pre-Construction

The Flats at Rainbow Lake is a developer selling & resale pre-construction condos development by HIP Developments in Kitchener's Kitchener starting from $5…

The Flats at Rainbow Lake — Kitchener

The Flats at Rainbow Lake Quick Facts

Project NameThe Flats at Rainbow Lake
DeveloperHIP Developments
Address525 New Dundee Road
CityKitchener
NeighbourhoodKitchener
RegionWaterloo Region
Building TypeCondo
Sales StatusDeveloper Selling & Resale
Storeys10
Suite Sizes654 – 1065 sq ft
Pricing$525,800 – $595,800
Maintenance Fees$0 / sq ft / month
Occupancy2024-01-01
Walk Score4
Transit Score28

About The Flats at Rainbow Lake in Kitchener

The Flats at Rainbow Lake Condos is a completed condominium development by HIP Developments at 525 New Dundee Road in Kitchener. The project is 10 storeys tall and contains 184 suites. The Flats at Rainbow Lake Condos was completed in 2024. Current inventory includes 6 available floor plans ranging from 659 to 864 sq. ft. Current prices range from $525,800 to $595,800. The location has a Walk Score of 4 and a Transit Score of 28.

The Flats at Rainbow Lake is also marketed as The Flats at Rainbow Lake Condos, and listed in the developer's material as The Flats at Rainbow Lake Condos.

The Flats at Rainbow Lake Floor Plans & Pricing

Floor PlanBedsBathsSize (sq ft)PriceAvailability
Outcrop11654Register for pricingSold Out
Outcrop11654Register for pricingSold Out
Harbour11659$525,800Available
Harbour11659$525,800Available
Clay11679Register for pricingSold Out
Cobblestone11679$527,800Available
Clay11679Register for pricingSold Out
Cobblestone11679$527,800Available
Compass11705Register for pricingSold Out
Compass11705Register for pricingSold Out
Flint11722$549,800Available
Flint11722$549,800Available
Lookout11723$549,800Available
Lookout11723$549,800Available
Overlook21842$589,800Available
Ridge21864$595,800Available
Heartwood22912$709,900Sold Out
Heartwood22912$709,900Sold Out
Tailwind22912$718,800Sold Out
Tailwind22912$718,800Sold Out
Whitesand22951$749,800Sold Out
Whitesand22951$749,800Sold Out
Firefly221055$720,800Sold Out
Firefly221055$720,800Sold Out
Kindle221056Register for pricingSold Out
Ember221056$722,800Sold Out
Kindle221056Register for pricingSold Out
Ember221056$722,800Sold Out
Brook221065Register for pricingSold Out
Brook221065Register for pricingSold Out

Full The Flats at Rainbow Lake floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the The Flats at Rainbow Lake price list and floor plans.

Amenities & Finishes

Suite Features: • 2 Base colour sections to choose from • Kitchen - quartz countertops • Stainless steel appliances - 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

Location: 525 New Dundee Road

The Flats at Rainbow Lake is located at 525 New Dundee Road, Kitchener in the Kitchener neighbourhood, Waterloo Region.

Explore more pre-construction projects in Kitchener or browse the Waterloo Region region.

About the Developer: HIP Developments

The Flats at Rainbow Lake is being developed by HIP Developments.

See all HIP Developments pre-construction projects.

How to Buy at The Flats at Rainbow Lake

  1. Register early. Allocation at The Flats at Rainbow Lake in Kitchener is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
  2. Review the price list and deposit structure. Deposit structures for The Flats at Rainbow Lake are confirmed at each release and can differ for end users, investors and international buyers.
  3. Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
  4. Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.

Closing Costs & Investor Notes for The Flats at Rainbow Lake

Budget beyond the purchase price at The Flats at Rainbow Lake: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $0 per sq ft per month.

Assignment rights, rental-during-occupancy rights and capped levies vary release to release at The Flats at Rainbow Lake. Confirm each in the current agreement of purchase and sale before you sign.

The Flats at Rainbow Lake — Frequently Asked Questions

Where is The Flats at Rainbow Lake located?

The Flats at Rainbow Lake is located at 525 New Dundee Road, Kitchener in the Kitchener neighbourhood.

Who is the developer of The Flats at Rainbow Lake?

The Flats at Rainbow Lake is being developed by HIP Developments.

How much do units at The Flats at Rainbow Lake cost?

Pricing at The Flats at Rainbow Lake starts from $525,800 and ranges to $595,800. Prices and incentives change with each release — request the current price list for live pricing.

When is occupancy at The Flats at Rainbow Lake?

Estimated occupancy for The Flats at Rainbow Lake is 2024-01-01.

How many units are in The Flats at Rainbow Lake?

The Flats at Rainbow Lake is planned as a 10-storey condo development.

How do I get platinum or VIP access to The Flats at Rainbow Lake?

Circle Real Estate provides platinum access to The Flats at Rainbow Lake, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.

Register for The Flats at Rainbow Lake pricing, floor plans and VIP access on Circle Real Estate.

Last verified: 2026-10-18. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.