$649,900

For sale

25 Rainey Drive, East Luther Grand Valley - Single Family for Sale

25 Rainey Drive, East Luther Grand Valley, Ontario, L9W0L7

3 beds3 baths3 parking1,750 ft²23 × 99 ft (2,277 sq ft) lot sizeListed 133 days ago

Overview

This 3-bedroom, 3-bathroom home in East Luther Grand Valley is for sale offering roughly 1,750 sq ft of space. Listed at $649,900, it is attractively priced about 28% below the $899,900 median asking price in East Luther Grand Valley.

Houses for Sale in East Luther Grand Valley →All real estate in East Luther Grand Valley →

Description

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. (id:66096)

Property Details

MLS®: X13491518
Property Type: Single Family
Zoning: RM-12-H
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 23 × 99 ft (2,277 sq ft)
Frontage: 23 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Listed

Rooms

Main level

Foyer
Living room: 5.22 x 3.69 meters
Kitchen: 3.11 x 3.11 meters
Dining room: 3.11 x 2.8 meters

Second level

Primary Bedroom: 3.78 x 3.96 meters
Bedroom: 3.35 x 3.35 meters
Bedroom: 3.35 x 3.35 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

133d

East Luther Grand Valley listings, avg age

84d

Price / ft²

$371

List price

$650K

Haho

This 3-bed single family in East Luther Grand Valley is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX ESCARPMENT REALTY INC. · DREW WOOLCOTT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9W)

This home lists at $649,900, about 5.9× the local median household income of $110,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income: $110,000
Population: 48,790
Median age: 40.4
Owner / renter: 81% / 19%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9W)

$649,900· $371/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Est. property tax$0/mo

Total monthly$3,381

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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