Homula Realty Brokerage
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25 Rainey Drive, East Luther Grand Valley, ON L9W 0L7

3 beds · 3 baths · 1 kitchen · 6 rooms · 3 parking spaces · 1500-2000 sq ft · Att/Row/Townhouse
$649,900

Don't miss this opportunity to own a brand-new executive townhome in the charming community of Grand Valley. The popular Holland model offers 1,742 square feet of thoughtfully designed living space, featuring three spacious bedrooms and three bathrooms, with occupancy anticipated for Spring 2027. This exclusive development consists of just 12 townhomes and offers four unique floor plans to suit a variety of lifestyles. Each home includes a private backyard and comes complete with quality finishes, with the opportunity to personalize upgrades, fixtures and colour selections to reflect your individual style. Experience modern living in a boutique community while creating a home that's yours! RSA.

MLS number
X13491518
Type
Att/Row/Townhouse
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
L9W 0L7
Photos
25
Laundry
Not in the unit
80days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

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 property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

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

$129,980 · minimum here is $39,990
$2,877.62per month
Borrowed before insurance$519,920
Total borrowed$519,920
Interest over 25 years at 4.5%$343,365

If you rented it out

-$2,877.62per month out of pocket
Rent$0.00
Everything it costs to hold$2,877.62
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 RE/MAX ESCARPMENT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.