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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Connect Asset Management. All rights reserved.

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Home/The Flats at Rainbow Lake Condos/Ridge

Ridge

Available

$595,800

$690/sq ft

1 Bed + Den·1.0 Bath·864 sq ft·West·$690/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

864 sq ft

Exposure

West

1 / 3Next: Overlook
Ridge Floor Plan at The Flats at Rainbow Lake Condos - 864 sq.ft
Click to enlarge

Floor Range: 2-8

Price History

$596K$616K$635K$655K$675KNov 22May 23Sep 23

Launch Price

$674,800

$781/sq ft

Nov 1, 2022

Current Price

$595,800

$690/sq ft

▼$79,000 (-11.7%)

864 sq ft × $0.39/sq ft = $337/mo

Monthly Mortgage (P&I)$2,526
Property Tax (est.)$323
Maintenance Fees$337
Total Monthly Cost$3,186

Down payment: $119,160 (20%) · Mortgage: $476,640

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

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Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale6 listings
525 New Dundee Road, Unit 206For SaleStrong Match

$404,000

525 New Dundee Road, Unit 206

1 Bed1 Bath800-899 sqft
0.1 km·4d on mkt
525 New Dundee Road, Unit 706For SaleStrong Match

$469,000

525 New Dundee Road, Unit 706

1 Bed1 Bath800-899 sqft
0.1 km·50d on mkt
525 New Dundee Road, Unit 322For SaleGood Match

$469,900

525 New Dundee Road, Unit 322

2 Bed2 Bath900-999 sqft
0.1 km·Built 2023·50d on mkt
525 New Dundee Road, Unit 413For SaleGood Match

$419,900

525 New Dundee Road, Unit 413

1 Bed1 Bath800-899 sqft
0.1 km·Built 2023·37d on mkt
525 New Dundee Road, Unit 610For SaleGood Match

$419,000

525 New Dundee Road, Unit 610

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0.1 km·Built 2023·41d on mkt
525 New Dundee Road, Unit 319For SaleGood Match

$439,000

525 New Dundee Road, Unit 319

1 Bed1 Bath600-699 sqft
0.1 km·Built 2023·28d on mkt
For Rent6 listings
525 New Dundee Road, Unit 306For LeaseStrong Match

$2,100/mo

525 New Dundee Road, Unit 306

1 Bed + Den1 Bath800-899 sqft
0.1 km·33d on mkt
525 New Dundee Road, Unit 217For LeaseStrong Match

$2,000/mo

525 New Dundee Road, Unit 217

1 Bed1 Bath800-899 sqft
<0.1 km·10d on mkt
525 New Dundee Road, Unit 612For LeaseStrong Match

$2,450/mo

525 New Dundee Road, Unit 612

2 Bed2 Bath900-999 sqft
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525 New Dundee Road, Unit 418For LeaseStrong Match

$1,900/mo

525 New Dundee Road, Unit 418

1 Bed1 Bath700-799 sqft
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525 New Dundee Road, Unit 405For LeaseStrong Match

$2,100/mo

525 New Dundee Road, Unit 405

1 Bed1 Bath700-799 sqft
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525 New Dundee Road, Unit 304For LeaseStrong Match

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Resale MarketLive MLS
Developer Price$595,800
Est. Resale (3)$390,000
Market vs Developer-35%(below)
$/sqft $690→$453
Est. Rent (4)$2,275/mo
Est. Gross Yield4.6%

Active MLS Listings — Same Unit Type

525 New Dundee Road, Unit 206Sale

$404,000

525 New Dundee Road, Unit 206

1 Bed4d on mkt
525 New Dundee Road, Unit 413Sale

$419,900

525 New Dundee Road, Unit 413

1 Bed37d on mkt
525 New Dundee Road, Unit 706Sale

$469,000

525 New Dundee Road, Unit 706

1 Bed50d on mkt
525 New Dundee Road, Unit 217Lease

$2,000/mo

525 New Dundee Road, Unit 217

1 Bed10d on mkt
525 New Dundee Road, Unit 608Lease

$2,150/mo

525 New Dundee Road, Unit 608

1 Bed28d on mkt
525 New Dundee Road, Unit 411Lease

$2,200/mo

525 New Dundee Road, Unit 411

1 Bed6d on mkt
525 New Dundee Road, Unit 205Lease

$2,300/mo

525 New Dundee Road, Unit 205

1 Bed9d on mkt

Building Market

For Sale
$552/sqft
8on MLS
43 avg DOM
$404K–$470K
Developer
$748/sqft
6available
$526K–$596K
For Rent
$2.65/sqft
73on MLS
35 avg DOM
$2K–$3K