Open: Sat, 12PM to 4PM
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7 hours on Market

288 RAINBOW FALLS Dr, Chestermere, Alberta T1X 0E4

Townhouse
2
4 + 1
~1400.02 sqft
$474,983
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Townhouse
2
4 + 1
~1400.02 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$339/sqft

Monthly cost

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Description

***OPEN HOUSE: SATDAY MAY 16TH, 2 PM - 4 PM*** - PARK/ FOUNTAIN FRONT LUXURY | FULL WALK-OUT BASEMENT | RARE END-UNIT. Welcome to this beautifully maintained, rare end-unit townhouse offering over 1,800 square feet of total developed living space, including 1,400+ square feet above grade and a fully finished 500 square foot walk-out basement. Combining luxury, functionality, and an unbeatable location, this home is the perfect opportunity for families, first-time buyers, or savvy investors looking for a turn-key property in a vibrant, family-friendly community. The main floor welcomes you with a bright, open-concept layout featuring soaring 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light. The spacious living room directly faces the local park and water fountain, framing beautiful, relaxing views that you can enjoy while relaxing by the cozy fireplace. Central air conditioning ensures year-round comfort, while the chef-inspired kitchen showcases rich dark cabinetry, a large pantry, an oversized island, and premium heated floors. A built-in central speaker system with an amplifier adds the perfect final touch for effortless entertaining and everyday living. Upstairs, the upper level serves as a quiet retreat, starting with a sun-drenched primary bedroom that overlooks the front park. This room features a generous walk-in closet with its own window and a luxurious 4-piece ensuite complete with heated floors. A spacious second bedroom with large windows facing the backyard and an additional full 4-piece bathroom complete this level beautifully. The standout feature of this property is the fully developed walk-out basement, which offers incredible flexibility for extended family or independent living space. It comes fully equipped with its own private entrance, a full kitchen, and separate laundry facilities including a dedicated washer and dryer. Additional highlights of the home include a double attached garage with built-in organizational shelving, a clean and wide back alley, and the enhanced privacy that only an end-unit location can provide. Ideally situated directly across from a park and water fountain, this home puts everyday conveniences right at your doorstep. You are within easy walking distance of grocery stores, banks, shops, a pharmacy, a gas station, restaurants, walking paths, and a local family bike park. Top-rated schools are nearby, including one less than 250 meters away, and you are just a quick 3-minute drive to Chestermere Boulevard for seamless access to Calgary. With condominium fees conveniently covering common area and grounds maintenance, this property offers an exceptional, low-maintenance lifestyle you won't want to miss.


Upcoming Open House

May 16Sat12:00 PM - 4:00 PM

Property Details

Style2 Storey,Attached-Side by Side
View-
Age of property2007
SqFt~1400.02 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2310075
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byKo Realty Ltd.

Features

Heating: Fireplace(s),Forced Air
Cooling: Central Air,Full
Basement: Full,Finished,Separate/Exterior Entry,Walk Out

Second Floor

Bedroom - Primary

13`9" x 14`6"

Bedroom

11`10" x 12`0"

4pc Ensuite bath

9`7" x 7`7"

4pc Ensuite bath

7`3" x 11`2"


Features

Patio: Deck,Patio
Balcony: Deck,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

May 15, 2026
ListedActive
$474,983
7 hours on market
history photo preview41
Listing by pillar 9®
Property listed by Ko Realty Ltd., 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