7 days on Market

111 Rainbow Falls Gate #43, Chestermere, Alberta T1X0Z5

Townhouse
3
3 + 1
~1541.00 sqft
$399,000
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Townhouse
3
3 + 1
~1541.00 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$258/sqft

Monthly cost

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Description

Enjoy the ultimate lakeside lifestyle in this premium, freshly painted end-unit townhouse, perfectly positioned in the highly sought-after community of Rainbow Falls in Chestermere. Offering immediate possession, this rare end-unit boasts a spectacular location directly overlooking the scenic canal and local walking paths, providing peaceful, unobstructed views of the historic trestle right from your own private balcony. You are just minutes from the vibrant shores of Chestermere Lake for year-round recreation, and within easy walking distance to beautiful parks, pathways, schools, grocery stores, and restaurants, all while enjoying quick and easy access in and out of the city. From the moment you step through the front door of this bright home, you are welcomed by a spacious entry foyer with gleaming tile floors and a highly functional private office or flex room that is perfect for remote work. This lower level also offers direct access to your double attached garage. The main floor features an airy, open-concept layout with nine-foot ceilings, engineered hardwood flooring, and a spacious living room with elegant built-in shelving. The beautiful, modern kitchen is complete with quartz countertops, stainless steel appliances, a breakfast bar, ample cabinetry, and a walk-in pantry. Upstairs, the generous primary suite features its own private four-piece ensuite, alongside two additional bright bedrooms, a second full bathroom, and convenient upper-floor laundry. Complete with a rough-in for a central vacuum system and plenty of visitor parking, this turn-key home is ready for you. Book your private showing today!


Property Details

Style3 (or more) Storey
View-
Age of property2016
SqFt~1541.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2329553
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air,Natural Gas

Main Floor

Office

9`6" x 8`5"

Furnace/Utility Room

7`4" x 4`5"


Features

Patio: Balcony(s),Patio
Balcony: Balcony(s),Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Jul 14, 2026
ListedActive
$399,000
7 days on market
history photo preview45
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2025

41 days

2024

22 days

2023

4 days

New Listings

Past 30 days

10 listings

Compared to

2025

4 listings

2024

2 listings

2023

5 listings

Units sold

Past 30 days

3 units

Compared to

2025

2 units

2024

3 units

2023

5 units

Median Sold Price

Past 30 days

$330,000

Compared to

2025

$405,000

2024

$450,000

2023

$405,000


Population and Demographics

Overview

Total population 1592
Average household income $154,950

Age (%)

0 to 19
32%
20 to 34
15%
35 to 49
29%
50 to 64
16%
65 and plus
9%

Household composition (%)

Single family
83%
Single person
12%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
79%
Punjabi (Panjabi)
6%
Vietnamese
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Arabic
2%
Spanish
2%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget