TownhouseListed yesterday

21 Rainey Dr, East Luther Grand Valley

Name: 21 Rainey Drive
SKU: X13882210
Price: 634900 CAD
Availability: InStock

East Luther Grand Valley, ON · · MLS® X13882210Updated October 9, 2026

$634,900Est. $3,119/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 1500–2000sq ft
Parking spaces: 3

Type Townhouse
Lot 50 acres
Garage Yes
Basement Full, Unfinished

What you should know

21 Rainey Dr is a 3-bedroom, 2-bathroom townhouse in East Luther Grand Valley, listed for $634,900. It has 1500-2000 sq ft of living space.

Don't miss this opportunity to own a brand-new executive townhome in the charming community of Grand Valley.
The popular Holland model offers 1,709 square feet of thoughtfully designed living space, featuring three spacious bedrooms and three bathrooms, with occupancy anticipated for Spring 2027.
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.

Ask Zara:Is there an offer date?What would the monthly costs be?What's nearby?

3 Bed, 2 Bath Townhouse in East Luther Grand Valley

About 21 Rainey Drive

Don't miss this opportunity to own a brand-new executive townhome in the charming community of Grand Valley. The popular Holland model offers 1,709 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. RSA

3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $423 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.Ask Zara a follow-up

Inside 21 Rainey Dr

Every detail from the listing, in one place.

Type: Townhouse
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 3 spacesYes garage
Basement: Full, Unfinished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 3

Interior

Basement: Full · Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Att/Row/Townhouse

21 Rainey Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 9, 2026For saleListedThis listingMLS® X13882210$634,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 21 Rainey Dr Compares to the East Luther Grand Valley Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 35 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

East Luther Grand Valley market, last 90 days

Median sold price: $737,500
Average sold price: $799,311
Average days on market: 51
Homes sold: 19

Closed sales on the TRREB MLS®.

Recently sold nearby in East Luther Grand Valley

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home21 Rainey Drive 3 bd · 2 ba · 1,500 sqft	$634,900asking	$423	—	—
1 Hamilton Lane 3 bd · 2 ba · 1,500 sqft
80 Leeson Street 3 bd · 2 ba · 1,100 sqft
4 Landsborough Street 3 bd · 2 ba · 1,500 sqft
12 Landsborough Street 3 bd · 3 ba · 1,500 sqft
2 Hamilton Lane 3 bd · 2 ba · 1,500 sqft
78 Leeson Street 3 bd · 2 ba · 1,100 sqft

1 Hamilton Lane
3 bd · 2 ba · 1,500 sqft
80 Leeson Street
3 bd · 2 ba · 1,100 sqft
4 Landsborough Street
3 bd · 2 ba · 1,500 sqft
12 Landsborough Street
3 bd · 3 ba · 1,500 sqft
2 Hamilton Lane
3 bd · 2 ba · 1,500 sqft
78 Leeson Street
3 bd · 2 ba · 1,100 sqft

Living in East Luther Grand Valley: Location & Amenities

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Costs, Mortgage & Rental Return for 21 Rainey Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,119; 20% down · 25 years · 5.5% assumed
Property tax: $349; 0.66% mill rate · ON
Total per month: $3,468; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,119

/mo

based on the purchase price of $634,900

Down payment20%

$126,980 cash

Amortization25 yr

$507,920 financed

Rate5.50%

$427,802 total interest

Principal54%$507,920

Interest46%$427,802

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: RE/MAX ESCARPMENT REALTY INC., BrokerageMLS® X13882210 · Listing data last updated October 9, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Oct 8· $423/sq ft

Estimated monthly mortgage$3,119/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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