27 Rainey Drive, East Luther Grand Valley

$699,900
27 Rainey Drive

$699,900

New
37d
Att/Row/Townhouse2-Storey

27 Rainey Drive, East Luther Grand Valley

Total Monthly Obligation $3,198

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
37d
Score
20
Yield
4.3%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13793760
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-23 × 99 ft
Listed on site-Sep 16, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-3 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-2027 Occupancy
Neighbourhood-Grand Valley
Title-Residential Freehold

No agent assigned

This home could be yours! An exciting opportunity to own a brand-new executive end-unit townhome in the charming community of Grand Valley. Offering 1,791 square feet of thoughtfully designed living space, this spacious home features three bedrooms and two and a half bathrooms, with occupancy anticipated for Spring 2027. Part of an exclusive collection of just 12 townhomes, this boutique development offers a modern, community-focused lifestyle with the added appeal of your own private backyard. Enjoy a functional layout, quality finishes and the opportunity to personalize select upgrades, fixtures and colour choices to make your new home truly your own. Don't miss your chance to secure a brand-new end unit and start creating a home that perfectly reflects your style. RSA.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,198/mo
Mortgage $2,823
Monthly Loss $2,455
Principal$743
Interest$2,080
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.6%33
10-Year IRR
10.2%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$22,500/yr
Net Cash Flow
-$948/mo
Cash Margin
-37.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 27 Rainey Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.