Rainbow Falls, Chestermere · MLS® A2349230
332
1,561 sq ft · Townhouse · Single Family · built 2016 · 24 days on market
listed by Ryan Sexton, RE/MAX Complete Realty
Room to spread out, space to work from home, and two outdoor areas to enjoy—this end-unit townhome in Rainbow Falls has plenty to offer. With three bedrooms, 2.5 bathrooms, central air conditioning and a double attached garage, it’s a comfortable, well-cared-for home with a practical layout. The main floor feels bright and open, with large windows, nine-foot ceilings, laminate flooring and fresh paint. In the kitchen, ceiling-height cabinets provide plenty of storage, while quartz counters, stainless steel appliances and a tiled backsplash give the space a clean, modern look. The centre island connects the kitchen to the dining and living areas, keeping everyone together whether you’re making dinner or having friends over. Step onto the balcony for some fresh air or fire up the barbecue using the gas hookup. Upstairs, the spacious primary bedroom has a walk-in closet and its own four-piece ensuite. Two more bedrooms and a second full bathroom offer room for family or guests, and laundry on the same floor makes everyday chores a little easier.On the entry level, a separate flex room gives you options for a home office, workout space or hobby room. Currently the space is used as a well appointed office. There’s also a roomy foyer, extra storage and direct access to the garage. The garage has been mudded and painted. Outside, the lower patio offers another spot to sit and unwind. Low condo fees, visitor parking and a nearby playground add to the appeal. Recent updates include a new roof and freshly painted garage doors in 2026. Windows are tinted for privacy. With schools, walking paths, parks, Chestermere Lake, shops and restaurants close by, plus convenient access to major roads, this home puts everyday essentials and weekend plans within easy reach.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,568 · tax $193 · strata $346 · 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
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about $2,225 a year
The asking price times Chestermere's 2026 residential rate of 6.18 per $1,000 (municipal and education).
The listing shows $2,312 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.
Walkability 33/100 · Mostly by car
Within a 10 minute walk: 3 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.