pillar/IMG-A2291242_1.jpg
64 days on Market

292 Rainbow Falls Dr, Chestermere, Alberta T1X 0E4

Townhouse
2 + 1
4 + 1
~1415.21 sqft
$•••,•••
$489,983
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Townhouse
2 + 1
4 + 1
~1415.21 sqft

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Highlights

Property Estimate

Days on market64 days

Estimated valueNot available

Price/Sqft$346/sqft

Monthly cost

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Description

***OPEN HOUSE: SUNDAY MAY 10TH, 11 AM - 3 PM***welcome to this beautifully maintained END-UNIT townhouse offering over 1,800 sq ft of developed living space, including a fully finished walk-out basement. With 1,300+ sq ft above grade plus approximately 600 sq ft in the basement, this home is perfect for families, first-time buyers, or investors, combining comfort, functionality, and an excellent location. The bright open-concept main floor with 9-foot ceilings features a spacious living and dining area filled with natural light. The living room faces the park and fountain and boasts floor-to-ceiling windows, creating a beautiful and relaxing view. The well-appointed kitchen showcases dark cabinetry, a large pantry, an oversized island, and heated floors. A built-in central speaker system with amplifier adds the perfect touch for entertaining and everyday living. Upstairs you’ll find a primary bedroom with large sun-filled windows facing the front park, a walk-in closet with its own window, and a luxurious 5-piece ensuite with heated floors. A spacious second bedroom with large windows facing the backyard, along with a 4-piece bathroom, completes the upper level. The fully developed walk-out basement features a private entrance, full kitchen, and separate laundry (washer & dryer), offering excellent flexibility for extended family or additional living space. Additional highlights include a double attached garage with built-in organizing shelves, a clean and wide back alley, and the added privacy of an end-unit location. Ideally situated directly across from a park and water fountain, and within walking distance to grocery stores, banks, shops, pharmacy, gas station, restaurants, walking paths, and a family bike park. Schools are nearby, including one less than 250 metres away. Located just 3 minutes from Chestermere Boulevard, providing quick and convenient access to Calgary. Maintenance fees include condominium amenities, common area maintenance, and ground maintenance. A fantastic opportunity in a vibrant, family-friendly community.


Property Details

Style2 Storey,Attached-Side by Side
View-
Age of property2007
SqFt~1415.21 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2291242
Community NameRainbow Falls
Data SourcePILLAR 9
Listing byKo Realty Ltd.

Features

Heating: ENERGY STAR Qualified Equipment,Natural Gas
Basement: Full,Finished,Separate/Exterior Entry,Walk Out

Second Floor

Bedroom

11`11" x 11`4"

Bedroom - Primary

14`6" x 13`6"

4pc Ensuite bath

7`3" x 11`4"

4pc Bathroom

9`2" x 8`2"


Features

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

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Mar 11, 2026
ListedActive
$489,983
64 days on market
history photo preview37
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