4 days on Market

256 Rainbow Falls Dr, Chestermere, Alberta T1X 0E4

Townhouse
3 + 1
4 + 1
~1418.78 sqft
$429,000
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Townhouse
3 + 1
4 + 1
~1418.78 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$302/sqft

Monthly cost

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Description

Welcome to 256 Rainbow Falls Drive, a beautifully renovated townhome in the sought-after community of Rainbow Falls. Offering 1,419 sq. ft. of comfortable living space, this home features an open floor plan, four bedrooms, four bathrooms, a double detached garage, central air conditioning, and low-maintenance living. The main floor is bright and inviting, with oversized windows, 9 ft. ceilings, and an open-concept layout connecting the living room, dining area, and kitchen. The freshly renovated kitchen features a large island, corner pantry, stainless steel appliances, and plenty of functional space for everyday living and entertaining. A convenient 2-piece powder room is privately tucked away near the basement entrance. Upstairs, you’ll find a spacious primary suite flooded with natural light, complete with an oversized closet and private four piece ensuite, along with two generously sized bedrooms and a 4-piece bathroom. The recently finished basement adds even more living space with a fourth bedroom, recreation area, and full 3-piece bathroom. Central air conditioning provides added comfort throughout the warmer months. Outside, enjoy the west-facing patio and generous outdoor space, perfect for relaxing, entertaining, or enjoying the warmer months. The double detached garage comfortably accommodates two vehicles while still providing additional space for storage or a workbench. Ideally located across from Rainbow Falls Park, walking paths, and the community’s picturesque waterfalls, this home is also within walking distance of schools, playgrounds, restaurants, shopping, and the Chestermere Bike Park. A beautifully updated home offering exceptional space, everyday comfort, outdoor living, and a convenient Chestermere location.


Property Details

StyleTownhouse
View-
Age of property2006
SqFt~1418.78 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2345713
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Full,Partially Finished,None

Main Floor

Living Room

13`6" x 13`6"

Kitchen

14`11" x 13`5"

Dining Room

13`6" x 7`0"

Foyer

5`8" x 4`4"


Features

Patio: Patio
Balcony: Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Sep 17, 2026
ListedActive
$429,000
4 days on market
history photo preview39
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Rainbow Falls

Geo Zone Map ThumbnailRainbow Falls

Strong 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

28 days

Compared to

2025

51 days

2024

31 days

2023

10 days

New Listings

Past 30 days

4 listings

Compared to

2025

3 listings

2024

6 listings

2023

5 listings

Units sold

Past 30 days

1 unit

Compared to

2025

2 units

2024

3 units

2023

5 units

Median Sold Price

Past 30 days

$380,000

Compared to

2025

$434,250

2024

$415,000

2023

$395,000


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