pillar/IMG-A2314161_1.jpg
1 day on Market

248 Cascades Pass, Chestermere, Alberta T1X 0K8

Townhouse
3
3 + 1
~1212.24 sqft
$340,000
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Townhouse
3
3 + 1
~1212.24 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$280/sqft

Monthly cost

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Description

Located in the popular community of Rainbow Falls, this end-unit townhome offers a comfortable layout, useful updates, and a great setting within the complex. Tucked away from street traffic and positioned across from green space and a dog park, the home has cozy curb appeal with a covered porch to enjoy. Inside, the main floor features an open-concept layout with hardwood flooring, good natural light, and an easy connection between the living room, dining area, and kitchen. The kitchen includes cherry cabinetry, stainless steel appliances and a counter-height island with seating. Just off the kitchen, the large private rear deck overlooks the expansive courtyard and green space beyond, creating a charming outdoor extension of the home with space for a barbecue, patio seating, and standalone planters or garden boxes for those who like to grow a little something of their own. It is the kind of spot made for morning coffee, or quiet evenings with a peaceful view over the courtyard. Upstairs, the primary bedroom includes a 4-piece ensuite, while two additional bedrooms and another full bathroom complete the upper level. The basement is partially finished with updated flooring, providing additional usable space along with room for storage or future development. Recent updates include a newer furnace, new blinds throughout, updated basement flooring, and replaced overhead light fixtures on the main and upper levels. With walking paths, ponds, canals, the waterfall, schools, parks, shops, restaurants, and everyday amenities nearby, this is a great opportunity to get into Rainbow Falls and enjoy a well-located home with room to make it your own.


Property Details

Style2 Storey
View-
Age of property2010
SqFt~1212.24 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2314161
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air
Basement: Full,Partially Finished,None

Main Floor

Dining Room

15`3" x 10`1"

Kitchen

15`5" x 10`6"

Living Room

14`5" x 12`5"

2pc Bathroom

4`8" x 4`8"


Features

Patio: Balcony(s),Front Porch
Balcony: Balcony(s),Front Porch

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

May 23, 2026
ListedActive
$340,000
1 day on market
history photo preview29
Listing by pillar 9®
Property listed by CIR Realty, 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