RE/MAX Wealth Builders logo
HomeNeighbourhoodsMapBlogListingAbout UsAlex's InsightsBrokerage

RE/MAX Wealth Builders

Red Bricks is your destination for pre-construction condos, townhouses, and homes. Access platinum listings, launching soon projects, and more.

Discover

  • Home
  • Neighbourhoods
  • Map
  • Blog
  • Listing
  • About Us
  • Alex's Insights
  • Developers
  • Cities

Company

  • About Us
  • Our Team
  • Contact

Get in Touch

Have questions about a project? We're here to help.

Send a Message →
RE/MAX Wealth Builders Alex Wilson logo

Alex Wilson

RE/MAX Wealth Builders Alex Wilson

1251 Yonge St, Toronto, ON M4T 1W6, Canada

Phone: +1 416-652-5000

RE/MAX Wealth Builders makes every effort to provide accurate, up-to-date pre-construction information. However, details may change without notice, and we cannot guarantee that all information is complete or error-free. RE/MAX Wealth Builders assumes no liability for errors, omissions, or reliance on this information. This website is for general reference only and is not a substitute for legal, tax, accounting, or other professional advice. Please verify all details independently before making decisions.

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 RE/MAX Wealth Builders. All rights reserved.

Powered by Red Bricks

Privacy PolicyTerms of Service
Home/The Flats at Rainbow Lake Condos/Lookout

Lookout

Available

$549,800

$760/sq ft

1 Bed·1.0 Bath·723 sq ft·South·$760/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

723 sq ft

Exposure

South

Prev: Overlook3 / 3
Lookout Floor Plan at The Flats at Rainbow Lake Condos - 723 sq.ft
Click to enlarge

Floor Range: 1-8

Price History

$550K$571K$593K$614K$636KNov 22May 23Sep 23

Launch Price

$635,800

$879/sq ft

Nov 1, 2022

Current Price

$549,800

$760/sq ft

$86,000 (-13.5%)

723 sq ft × $0.39/sq ft = $282/mo

Monthly Mortgage (P&I)$2,395
Property Tax (est.)$298
Maintenance Fees$282
Total Monthly Cost$2,975

Down payment: $109,960 (20.0%) · Mortgage: $439,840

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Land transfer tax on this homeRent vs ownView more calculators →

Book a Consultation

Schedule a call or meeting to discuss Lookout.

Submit a Worksheet
Resale MarketLive MLS
Developer Price$549,800
Est. Resale$305,000
Market vs Developer-45%(below)
$/sqft $760→$424

Active MLS Listings — Same Unit Type

525 New Dundee Road, Unit 413Sale

$409,000

525 New Dundee Road, Unit 413

1 Bed66d on mkt

Building Market

For Sale
$566/sqft
5on MLS
42 avg DOM
$400K–$585K
Developer
$748/sqft
6available
$526K–$596K

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale4 listings
525 New Dundee Road, Unit 413For SaleStrong Match

$409,000

525 New Dundee Road, Unit 413

1 Bed1 Bath700-799 sqft
0.1 km·Built 2023·66d on mkt
525 New Dundee Road, Unit 516For SaleStrong Match

$399,900

525 New Dundee Road, Unit 516

1 Bed1 Bath600-699 sqft
0.1 km·Built 2023·26d on mkt
525 New Dundee Road, Unit 710For SaleGood Match

$419,000

525 New Dundee Road, Unit 710

1 Bed1 Bath700-799 sqft
0.1 km·Built 2023·26d on mkt
525 New Dundee Road, Unit 322For SaleFair Match

$469,900

525 New Dundee Road, Unit 322

2 Bed2 Bath900-999 sqft
0.1 km·Built 2023·88d on mkt