Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

55 Rainbow Valley Crescent, Markham, ON L6E 1Z1

3+2 beds · 3 baths · 1 kitchen · 7+1 rooms · 3 parking spaces · 1100-1500 sq ft · Semi-Detached
$799,900
Property tax
$4,242 / year

Welcome To This Spacious And Sun-Filled 3-Bedroom Semi-Detached Home In The Highly Sought-After Greensborough Community. Featuring AFunctional, Family-Friendly Layout, The Main Floor Offers 9-Foot Ceilings, Hardwood Flooring Throughout And No Carpet. The GenerousCombined Living And Dining Area Provides An Inviting Space For Everyday Living And Entertaining.The Large Eat-In Kitchen Offers Plenty OfSpace For Family Dining And A Convenient Walkout To The Backyard, Creating A Seamless Connection Between Indoor And Outdoor Living.Upstairs, The Spacious Primary Bedroom Features His-And-Hers Closets, Along With Two Additional Well-Proportioned Bedrooms.TheProfessionally Finished Basement Provides Valuable Additional Living Space And Includes A Versatile Separate Room Ideal For A Home Office,Guest Room Or Recreation Area. Interlocking At Both The Front And Rear Enhances The Home's Curb Appeal And Outdoor Functionality. ABright, Comfortable And Move-In-Ready Home Offering Excellent Space And Practicality In One Of Greensborough's Most DesirableNeighbourhoods

MLS number
N13770272
Type
Semi-Detached
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
L6E 1Z1
Photos
40
0days · this listing
0days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

0 days on the market across 2 listings

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Fred Varley PS7.6 / 10
Elementary · French Immersion · 1-2
YRDSB boundary · approved 2007
Sam Chapman PS8.8 / 10
Elementary · French Immersion · 3-8
YRDSB boundary · approved 2007
Greensborough PS8.3 / 10
Elementary · Regular Track · JK-8
YRDSB boundary · approved March 2016
Unionville HS8.9 / 10
Secondary · Arts · 9-12
YRDSB boundary
Bill Hogarth SS8.8 / 10
Secondary · French Immersion · 9-12
YRDSB boundary · approved April 2015
Milliken Mills HS8.3 / 10
Secondary · International Baccalaureate (IB) · 9-12
YRDSB boundary
Unnamed SS (Greensborough)
Secondary · Regular Track
YRDSB boundary · approved 2002
Unnamed SS (Greensborough)
Secondary Holding · Regular Track · 9-12
YRDSB boundary
Bur Oak SS9.3 / 10
Secondary Holding · Regular Track · 9-12
YRDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

York Region. Published by the York Region District School Board’s planning department, with the date the board approved each boundary shown above. A boundary approved years ago is still the current one until the board redraws it, but the older the date, the more worth confirming.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: YRDSB school locator.

Sources: York Region District School Board planning department.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Julia Billiart Catholic Elementary School
York CDSB
Elementary272 m8.6 / 10
86% met the standard
Mount Joy Public School
York Region DSB
Elementary693 m8.8 / 10
88% met the standard
St Kateri Tekakwitha Catholic Elementary School
York CDSB
Elementary1.5 km7.9 / 10
79% met the standard
St Brother André Catholic High School
York CDSB
Secondary1.4 km8.2 / 10
82% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Semi-Detached houses in Markham313 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$792k$1.01M$1.23M20252026this home’s asking price
$1.06Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%100%103%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d12d23d20252026
16dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among semi-detached houses in markham. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,591 people.

$131,000Median household income
93.2%Own their home
73%Detached houses
40Median age
53.6%Born outside Canada
37.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35191279 — the few blocks around this address, home to 1,591 people. It describes the area, not this property.

1,591Population
38.6Average age
3.6Household size
$158,000Average household income
$131,000Median household income
93%Own their home
7%Rent
2%Condominiums
54%Born outside Canada
38%University degree
$1,144,000Average home value
6%Low income
52%Not in the labour force
28%Never married
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9992%
$80,000 to $89,9991%
$90,000 to $99,9993%
$100,000 and over41%
$100,000 to $124,9998%
$125,000 to $149,9997%
$150,000 to $199,99912%
$200,000 and over14%

Percentages are of the 730 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,980 · minimum here is $54,990
$3,541.78per month
Borrowed before insurance$639,920
Total borrowed$639,920
Interest over 25 years at 4.5%$422,615

If you rented it out

Monthly rent starts from the median of recent 5-bedroom leases in Greensborough. Change it to anything you like.

-$695.28per month out of pocket
Rent$3,200.00
Everything it costs to hold$3,895.28
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by T-ONE GROUP REALTY INC.,. Listing data provided by the Toronto Regional Real Estate Board.