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Home Communities Rainbow Falls 59-111 Rainbow Falls Gate
$399,950 Sold
59-111 Rainbow Falls Gate · Chestermere · T1X 0Z4
2 bd 3.0 ba 1,518 sqft $263/sqft Built 2016
MLS® A2289751 · Listed Mar 1, 2026
Listed by URBAN-REALTY.ca — Ahmed Attia
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $263
vs Rainbow Falls median -41% community avg $682K
Sqft per bedroom 759
Year built 2016
Annual taxes $2,344 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $263/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 · $263
Other active listings This listing's price range This listing

About this property

Welcome to a beautifully upgraded FORMER TRUMAN SHOW HOME with a DOUBLE ATTACHED GARAGE and a smart, functional 3-storey design in one of Chestermere’s most convenient locations. Situated on the exterior of the complex for added privacy and extra street parking, this MOVE-IN READY home is thoughtfully upgraded throughout. The main floor offers a versatile DEN/OFFICE with added built-in shelving, under-stair storage, an upgraded half bath vanity, and a modern LED fan/light combo — perfect for working from home. The bright open-concept living space showcases 9’ CEILINGS, hardwood floors, and a STUNNING WHITE KITCHEN with QUARTZ COUNTERS, stainless steel appliances, NEW FRIDGE (2025), new dishwasher, tile backsplash, island with breakfast bar, and added cabinetry for extra storage. The living room features FLOOR-TO-CEILING BUILT-IN STORAGE designed for media, surround sound, and gaming, both functional and stylish. Upstairs you’ll find TWO PRIMARY BEDROOMS, EACH WITH THEIR OWN ENSUITE AND WALK-IN CLOSETS — an ideal layout for families, guests, or roommates. The primary closet was professionally designed by California Closets, and luxury vinyl plank flooring completes the upper level. Bathrooms were freshly painted in 2026, and ceiling fans were professionally installed in 2024. Enjoy your upper deck or lower patio, and live just steps from the canal, walking paths, shops, restaurants, and schools. With premium upgrades, incredible storage, and a standout layout, this home truly checks all the boxes. BOOK YOUR SHOWING TODAY!

Property details

Bedrooms2
Bathrooms3.0
Style3 (or more) Storey
HeatingCentral,Natural Gas
CoolingNone
FlooringHardwood,Vinyl Plank
LevelsThree Or More
BasementNone
Interior featuresKitchen Island,Open Floorplan,Quartz Counters
AppliancesDishwasher,Electric Stove,Garage Control(s),Microwave,Microwave Hood Fan,Washer/Dryer Stacked,Window Coverings
InclusionsStacked Washer/Dryer, Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Window Coverings, (2) Garage door openers, Mini fridge in garage, Attached wooden shelving in the wall.
LaundryCommon Area,Upper Level
Lot size1.00 sqft
Lot featuresBack Lane,Interior Lot
Exterior featuresBalcony,BBQ gas line,Lighting,Playground
FencingNone
PatioBalcony(s),Front Porch,Porch
Year built2016
Construction materialsConcrete,Vinyl Siding,Wood Siding
RoofAsphalt Shingle,Shingle
FoundationPoured Concrete
Parking featuresCovered,Double Garage Attached,Garage Door Opener,Garage Faces Rear,Heated Garage,Insulated,Owned,Side By Side
Garage spaces2
Parking total2
Annual taxes$2,344
Tax year2025
Possession60 Days / Neg
ZoningDC (R-3)
TitleFee Simple
RestrictionsPet Restrictions or Board approval Required
NeighbourhoodRainbow Falls
Community featuresPark,Playground,Pond,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

Sold comparables in Rainbow Falls

22 recent sales 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: URBAN-REALTY.ca — Ahmed Attia.