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153 Rainbow Falls Manor W
homes for sale · Chestermere · Rainbow Falls
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$349,900

153 Rainbow Falls Manor W

Rainbow Falls, Chestermere · MLS® A2337231

333

1,228 sq ft · Townhouse · Single Family · built 2009 · 69 days on market

listed by Heather Dougall, Royal LePage Benchmark

realtor's description

This end-unit townhouse in Rainbow Falls offers the kind of layout that makes everyday living easy—with 1,228 sq. ft. above grade, three bedrooms, 2.5 bathrooms and a full unfinished basement ready for whatever comes next. Immediate Possession Available!!!The main floor is bright, open and inviting, with hardwood flooring, large windows and a seamless flow between the living, dining and kitchen areas. The kitchen features quartz countertops, a generous island, ample cabinetry and a functional layout that keeps you connected to the rest of the home. The dining area overlooks the backyard, while the living room offers plenty of room to relax or entertain. Upstairs, the spacious primary bedroom features its own ensuite, while two additional bedrooms and a full bathroom provide plenty of flexibility for family, guests or a home office. The unfinished basement adds valuable storage and future development potential, with laundry already in place plus a brand new hot water tank. Outside, enjoy your own private yard and the added privacy of an end-unit location. Central air conditioning keeps things comfortable through the summer. Parking is convenient with two parking stalls at the rear with direct access to the back door and additional street parking at the front. Located in the desirable Rainbow Falls community, you're close to Lake Chestermere, parks, schools, shopping, walking paths and the amenities of Chestermere—all while enjoying the space and feel of a traditional home without the upkeep of a detached property. Comfortable. Practical. Private. And ready for its next chapter.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,228 sq ft
parking
3
year built
2009
property tax
$2,225 / yr
strata fee
$421 / mo ($0.34 / sq ft)
listed by
Heather Dougall
Royal LePage Benchmark
call Heather · 403-807-8538
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similar homes nearby

strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
69
MLS®
A2337231

features

  • PVC window
  • No Smoking Home
  • Golf Course Development
  • Pets Allowed
  • Pets Allowed With Restrictions
  • Washer

monthly cost

$2,131/mo
Mortgage $1,524 · Tax $185 · Strata $421

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

estimated payment
$1,524/ monthly
loan $279,920
25-year amortization
total interest
$177,424
land title fees
$730
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$70,710
down + land title fees
total paid
$457,344

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
$2,090/mo
after all costs
−$383/mo
cap rate
3.9%
yearly net rent ÷ price

Costs: mortgage $1,524 · tax $185 · strata $421 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Rainbow Falls, ChestermereGoogle Maps ↗

property tax

about $2,163 a year

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

The listing shows $2,225 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 Elementary4 min
  • Chestermere High12 min
  • Bow Valley College25 min
  • South Health Campus27 min
  • Downtown Calgary28 min
  • YYC airport29 min
48

Walkability 48/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 1 grocery store, 1 place to eat or drink, 9 parks and playgrounds, 1 school, 1 pharmacy, 1 transit stop.

mihom score from OpenStreetMap places, by straight line distance.

124 Lavender Link, Chestermere
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Townhouse
$350,000
4methe deep dive
124 Lavender Link
Rainbow Falls, Chestermere23 days on market
listed by LPT Realty
2321,485 sq ft
MLS® A2349488
30, 111 Rainbow Falls Gate, Chestermere
30, 111 Rainbow Falls Gate, Chestermere, photo 2
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30, 111 Rainbow Falls Gate, Chestermere, photo 8
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
2, 111 Rainbow Falls Gate, Chestermere, photo 2
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2, 111 Rainbow Falls Gate, Chestermere, photo 7
2, 111 Rainbow Falls Gate, Chestermere, photo 8
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