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124 Lavender Link
homes for sale · Chestermere · Rainbow Falls
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$350,000

124 Lavender Link

Rainbow Falls, Chestermere · MLS® A2349488

232

1,485 sq ft · Townhouse · Single Family · built 2008 · 23 days on market

listed by Abe Elhage, LPT Realty

realtor's description

BEST PRICED TOWNHOME WITH GARAGE IN CHESTERMERE | END UNIT | HEATED DOUBLE ATTACHED TANDEM GARAGE | EXTRA WINDOWS | HUGE ISLAND KITCHEN | UPPER LAUNDRY | 2 BEDROOMS PLUS A DEN | WALK TO SCHOOL | MINUTES TO THE LAKE! An end-unit setting, extra windows and a heated tandem garage come together in this thoughtfully designed townhome within Rainbow Falls. Attractive curb appeal welcomes you home while a heated double attached tandem garage adds everyday comfort. Flexible entry options allow access through the front door on the main level or through the garage level foyer, where additional storage helps keep seasonal items organized. Hardwood flooring carries through the kitchen and dining areas, while carpeting in the living room adds warmth and comfort underfoot. Gather with family and friends in the relaxing living room where extra windows draw in abundant natural light and create an airy atmosphere. Anchoring the open-concept layout, the thoughtfully designed kitchen showcases stainless steel appliances, extensive cabinetry and a massive island with breakfast bar seating that encourages casual conversation and effortless meal preparation. Just beyond, the dining area benefits from corner windows and connects directly to the balcony, making summer barbecues and morning coffee part of your daily routine. A convenient powder room completes the level. Upstairs, the primary retreat enjoys additional corner windows, dual closets and a private 4-piece ensuite for a true owner’s escape. Across the hall, a second bedroom accommodates family members, guests or roommates with ease. Another full 4-piece bathroom supports the upper level, while the open den supplies valuable flexibility for a home office, study area, reading nook or play space. Laundry facilities are thoughtfully positioned on the same floor as the bedrooms, reducing trips up and down stairs. Centrally located within the charming community of Rainbow Falls, this home places everyday amenities within easy reach. C hildren can walk to Rainbow Creek Elementary School in approximately 4 minutes, simplifying busy morning routines. Weekend adventures await just 5 minutes away at Chestermere Lake, where residents enjoy swimming, waterskiing, fishing, skating and lakeside gatherings throughout the year. Shopping, dining, entertainment and major retailers including Costco, Walmart, and Cineplex are conveniently available at East Hills Shopping Centre, only a 10-minute drive away. Combining functional living spaces, an end-unit setting and an exceptional location, this home delivers a lifestyle that balances comfort, convenience and connection to the outdoors.

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
3
living area
1,485 sq ft
parking
2
year built
2008
property tax
$2,670 / yr
strata fee
$355 / mo ($0.24 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
23
MLS®
A2349488

features

  • Back lane
  • Parking
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$2,102/mo
Mortgage $1,525 · Tax $223 · Strata $355

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,525/ monthly
loan $280,000
25-year amortization
total interest
$177,475
land title fees
$730
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$70,730
down + land title fees
total paid
$457,475

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$584/mo
cap rate
3.2%
yearly net rent ÷ price

Costs: mortgage $1,525 · tax $223 · strata $355 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

location

Rainbow Falls, ChestermereGoogle Maps ↗

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listed by
Abe Elhage
LPT Realty
call Abe · 403-608-8804
Powered by: REALTOR.ca

similar homes nearby

property tax

about $2,164 a year

The asking price times Chestermere's 2026 residential rate of 6.18 per $1,000 (municipal and education).

The listing shows $2,670 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Rainbow Falls, ChestermereGoogle Maps ↗
Drive times
  • Rainbow Creek Elementary2 min
  • Chestermere High11 min
  • Bow Valley College24 min
  • Downtown Calgary27 min
  • South Health Campus27 min
  • YYC airport27 min
60

Walkability 60/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 grocery store, 3 places to eat or drink, 8 parks and playgrounds, 3 schools, 2 pharmacies, 3 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

153 Rainbow Falls Manor W, Chestermere
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Townhouse
$349,900
4methe deep dive
153 Rainbow Falls Manor W
Rainbow Falls, Chestermere69 days on market
listed by Royal LePage Benchmark
3331,228 sq ft
MLS® A2337231
30, 111 Rainbow Falls Gate, Chestermere
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Townhouse
$359,900
4methe deep dive
30, 111 Rainbow Falls Gate
Rainbow Falls, Chestermere24 days on market
listed by RE/MAX Complete Realty
33
2, 111 Rainbow Falls Gate, Chestermere
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Townhouse
$367,000
4methe deep dive
2, 111 Rainbow Falls Gate
Rainbow Falls, Chestermere54 days on market
listed by Real Broker
23
2
1,561 sq ft
MLS® A2349230
2
1,529 sq ft
MLS® A2338372