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Home Communities Rainbow Falls 124 Cascades Pass
$359,000 Sold
124 Cascades Pass · Chestermere · T1X 0K8
3 bd 2.0 ba 1,222 sqft $294/sqft Built 2011
MLS® A2287778 · Listed Feb 24, 2026
Listed by RE/MAX First — Marnie Campbell
By the numbers

How this listing measures up

$/sqft $294
vs Rainbow Falls median -47% community avg $681K
Sqft per bedroom 407
Year built 2011
Annual taxes $1,952 2025
Rainbow Falls avg DOM 38d
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $294/sqft sits in the $250–300 range.
$200–$250/sqft · 2 listings $250–$300/sqft · 11 listings $300–$350/sqft · 10 listings $350–$400/sqft · 3 listings $400–$450/sqft · 1 listing $450–$500/sqft · 0 listings $500–$550/sqft · 2 listings $550–$600/sqft · 1 listing $200 $250 $300 $350 $400 $450 $500 $550 $600 This · $294
Other active listings This listing's price range This listing

About this property

END-UNIT | 3 BEDROOMS | FINISHED BASEMENT | 2 PARKING SPOTS | Welcome to this BRIGHT 3 bedroom end-unit townhome in the established community of RAINBOW FALLS. The main floor offers an OPEN CONCEPT layout designed for everyday living. Large windows bring in NATURAL LIGHT, and the spacious living and dining areas flow seamlessly into the kitchen — creating a layout that works beautifully for both quiet evenings and entertaining. The kitchen features STAINLESS STEEL APPLIANCES, a CENTRAL ISLAND with seating, PANTRY storage, and plenty of cabinetry to keep everything organized. Upstairs, the PRIMARY BEDROOM is a generous size and offers a WALK-IN CLOSET. Two additional bedrooms and a FULL 4-PIECE BATH provide flexibility for family, guests, or a home office. The FINISHED BASEMENT adds valuable living space with a LARGE REC ROOM — ideal for movie nights, a playroom, home gym…whatever you need. Laundry and storage are neatly tucked away with rough-in there if you want to add a future bathroom. UPDATES: Kitchen Countertop (2026), Carpet Basement Stairs (2026), Washer, Stove and Dishwasher (2023), Dryer and Hot Water Tank (2022). Step outside where you can enjoy morning coffee or summer BBQs. Two ASSIGNED PARKING STALLS are located directly out front, with ample VISITOR PARKING nearby. Set within walking distance to schools, playgrounds, pathways, shopping, and the OFF-LEASH DOG PARK — and just minutes to CHESTERMERE LAKE — this home offers the lifestyle buyers are looking for. Whether you’re a FIRST-TIME BUYER, young family, or investor, this MOVE-IN READY townhome checks the boxes.

Property details

Bedrooms3
Bathrooms2.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Hardwood,Linoleum
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresPantry
AppliancesDishwasher,Dryer,Electric Stove,Humidifier,Microwave,Range Hood,Refrigerator,Washer,Water Softener,Window Coverings
InclusionsTV Mounts and Brackets, kitchen stools
LaundryIn Basement
Lot featuresBack Yard
Exterior featuresCourtyard,Lighting,Playground
FencingNone
PatioNone
Year built2011
Construction materialsComposite Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresStall
Parking total2
Annual taxes$1,952
Tax year2025
PossessionNegotiable
ZoningR3
TitleFee Simple
RestrictionsBoard Approval
NeighbourhoodRainbow Falls
Community featuresLake,Schools Nearby,Shopping Nearby
List AORCalgary

Location

Sold comparables in Rainbow Falls

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About Rainbow Falls

AI-generated summary

Rainbow Falls is a family-oriented lakeside community in Chestermere with a relaxed, suburban feel centred around scenic pond and pathway systems.

31 active listings with an average list price of $674,690
Homes are averaging 38 days on market, suggesting a measured pace of sales
Located just east of Calgary's city limits within the City of Chestermere
Housing
Predominantly detached single-family homes with some townhomes, many featuring larger lots typical of east Calgary's suburban developments.
Transit
Car-dependent with limited transit options; proximity to 17th Avenue SE and Stoney Trail supports easy commuting by vehicle.
Amenities
Residents enjoy nearby Chestermere Lake, local shops along Rainbow Road, and convenient access to East Hills Shopping Centre for major retail.
Who lives here
Primarily young and established families drawn by larger homes, good schools, and an outdoor lifestyle near the water.
Full Rainbow Falls community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: RE/MAX First — Marnie Campbell.