pillar/IMG-A2336303_1.jpg
21 days on Market

268 Rainbow Falls Way, Chestermere, Alberta T1X 0T1

Detached
4 + 1
4 + 1
~2392.97 sqft
$999,900
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Detached
4 + 1
4 + 1
~2392.97 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$417/sqft

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Description

LIKE-NEW, CANAL-FRONT HOME WITH A WALK-OUT ILLEGAL BASEMENT SUITE, SUNNY SOUTH BACKYARD & TRIPLE ATTACHED GARAGE IN CHESTERMERE. Backing directly onto a quiet canal w/ no neighbours behind, this exceptional home offers 5 bedrooms, 3.5 bathrooms, a fully developed walk-out illegal basement suite, triple attached garage w/ workshop space, elevator access to the basement, and 3 South-facing outdoor patios. The home welcomes you with a bright, modern interior featuring contemporary white finishes and durable hard-surface flooring throughout the above-grade living spaces. A spacious foyer opens naturally into the main level and above. The spacious living room is centred around a gas fireplace with stone surround and flows into the kitchen, complete w/ granite countertops, stainless steel appliances, gas cooktop, extensive cabinetry, and a walk-through pantry w/ direct access to the garage. The dining area overlooks the sunny South-facing backyard and canal. Sliding doors lead to a large rear deck w/ a gas BBQ line and uninterrupted views across the canal and fields beyond. A dedicated laundry room w/ side-by-side washer and dryer and built-in storage, plus a powder room. The main level also provides a full enclosed office for work-from-home days. Upstairs, 4 generously sized bedrooms are complemented by a large bonus room with its own fireplace. The private primary suite overlooks the canal and features a sunny South-facing balcony, a large walk-in closet, and a 4-pc ensuite, a drop-in soaker tub, a separate shower, and a private water closet. Three additional bedrooms share a full 4-pc bathroom w/ tub/shower combination. An elevator provides convenient access to the fully developed walk-out basement, configured as an illegal suite. Oversized windows bring abundant natural light into the lower level, which features a spacious recreation room overlooking the South-facing concrete patio and canal, and a full kitchen with granite countertops. The large bedroom features oversized windows overlooking the sunny South backyard and a full 4-pc bathroom. Walk-out access leads directly to the fully fenced backyard, complete with tiered garden areas and a dedicated pet area. The canal frontage and lack of rear neighbours create an exceptional sense of privacy. The triple attached garage offers excellent parking and storage, along with a dedicated workshop area for projects and equipment. Central air conditioning provides year-round comfort. Located in Chestermere, residents enjoy easy access to Chestermere Lake, parks, pathways, playgrounds, schools, shopping, restaurants, and everyday services. Highway 1 provides convenient access to Calgary while allowing you to enjoy the privacy and quieter setting of canal-front living.


Property Details

Style2 Storey
View-
Age of property2014
SqFt~2392.97 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2336303
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byRE/MAX House of Real Estate

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Full,Finished,Separate/Exterior Entry,Walk Out

Main Floor

Living Room

13`11" x 12`9"

Kitchen

13`1" x 11`10"

Pantry

9`2" x 6`0"

Dining Room

12`11" x 10`2"


Features

Patio: Awning(s),Balcony(s),Deck,Front Porch,Patio,Rooftop Patio

Parking

Garage spaces 3

Garage type -

Other parking spaces 3

Total parking spaces 6


Property History

Aug 11, 2026
ListedActive
$999,900
21 days on market
history photo preview50
Listing by pillar 9®
Property listed by RE/MAX House of Real Estate, Brokerage
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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