2 days on Market

237 Rainbow Falls Dr, Chestermere, Alberta T1X0B1

Townhouse
2 + 1
4 + 1
~1408.50 sqft
$449,888
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Townhouse
2 + 1
4 + 1
~1408.50 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$319/sqft

Monthly cost

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Description

Welcome to Rainbow Falls! This beautifully renovated WALK-OUT TOWNHOUSE offers a rare opportunity with a fully developed lower level featuring a private entrance, kitchenette, separate laundry, and third bedroom — ideal for extended family, guests, or added income potential. Offering over 2000 sq ft of developed living space, this move-in-ready home combines the comfort and a functional and versatile layout. FRESHLY PAINTED throughout with UPDATED FLOORING and NEW CARPET, the home feels bright and exceptionally well cared for. The main floor features an open-concept design filled with natural light from large windows, creating a warm and inviting atmosphere. The spacious living area is separated from the well-appointed kitchen, complete with dark cabinetry, light source, and ample storage — perfect for everyday living. Convenient main-level laundry adds to the home’s thoughtful design. Step outside onto the private BALCONY, an ideal space to enjoy your morning coffee or unwind in the evening. Upstairs, you’ll find two generously sized bedrooms, including a spacious primary retreat with its own ensuite and plenty of closet space in each. The DETACHED DOUBLE GARAGE provides secure parking for two vehicles. Ideally located close to parks, schools, walking paths, shopping, restaurants, and everyday amenities, this property also offers quick and convenient access to Calgary while allowing you to enjoy the charm and lifestyle of the Rainbow Falls community. A rare and versatile property that truly stands out in today’s market. Check it out!


Property Details

Style2 Storey
View-
Age of property2007
SqFt~1408.50 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2310660
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX First

Features

Heating: Forced Air,Natural Gas
Central Vacuum
Cooling: Central Air
Basement: Full,Finished,Walk Out

Main Floor

Balcony

9`9" x 13`9"

2pc Bathroom

5`11" x 5`0"

Dining Room

10`6" x 7`3"

Kitchen

10`4" x 15`6"


Features

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

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

May 12, 2026
ListedActive
$449,888
2 days on market
history photo preview32
Listing by pillar 9®
Property listed by RE/MAX First, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2025

32 days

2024

30 days

2023

17 days

New Listings

Past 30 days

1 listing

Compared to

2025

4 listings

2024

3 listings

2023

3 listings

Units sold

Past 30 days

2 units

Compared to

2025

7 units

2024

3 units

2023

5 units

Median Sold Price

Past 30 days

$422,000

Compared to

2025

$437,000

2024

$425,000

2023

$369,000


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