By the numbers
How this listing measures up
$/sqft
$285
vs Rainbow Falls median
-39%
community avg $682K
Sqft per bedroom
485
Year built
2006
Annual taxes
$2,343
2025
Garage
2 spaces
$/sqft distribution
Where this listing sits in Rainbow Falls
Of 30 active residential listings in Rainbow Falls,
this property at $285/sqft
sits in the $250–300 range.
Other active listings
This listing's price range
This listing
About this property
Welcome to this beautifully updated townhouse in the sought-after community of Rainbow Falls! Ideally located close to schools, shopping, parks, and everyday amenities, this bright and spacious fully developed home offers exceptional value and comfort. Featuring 3 bathrooms with one on every level, this home has been extensively renovated with new or newer bathrooms, carpet, paint, lighting, and fixtures throughout. The excellent natural light creates a warm and inviting atmosphere in every room. Lower development includes a freshly decoracted , spacious rec room , a new 4 piece bathroom and a previously used bedroom that would flex as a den or office. Move-in ready and beautifully maintained, this is a fantastic opportunity for families, professionals, or investors alike. Be sure to view the virtual tour for a complete look inside this impressive home!
Property details
| Bedrooms | 3 |
| Bathrooms | 3.0 |
| Style | 2 Storey |
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Flooring | Vinyl |
| Levels | Two |
| Basement | Full |
| Basement development | Finished |
| Interior features | Breakfast Bar,No Animal Home,No Smoking Home |
| Appliances | Dryer,Electric Stove,Garage Control(s),Microwave,Refrigerator,Washer,Window Coverings |
| Inclusions | NA |
| Laundry | In Basement |
| Lot features | Back Lane,Back Yard,Front Yard,Landscaped |
| Exterior features | Playground,Storage |
| Fencing | None |
| Patio | Patio,Rear Porch |
| Year built | 2006 |
| Construction materials | Brick |
| Roof | Asphalt |
| Foundation | Poured Concrete |
| Parking features | Double Garage Detached |
| Garage spaces | 2 |
| Parking total | 2 |
| Annual taxes | $2,343 |
| Tax year | 2025 |
| Possession | 15 Days / Neg |
| Zoning | R-3 – Residential Multi- |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Rainbow Falls |
| Community features | Playground,Schools Nearby,Shopping Nearby |
| List AOR | Calgary |
Location
Sold comparables in Rainbow Falls
22 recent sales in Rainbow Falls
VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.
Sign up to see sold dataAbout Rainbow Falls
AI-generated summaryRainbow 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.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
Browse Calgary homes by feature
Similar listings in Rainbow Falls

$405,500
304 Rainbow Falls Drive
Listed by Real Broker — Gary Banipal, Sunny Banipal

$699,900
109 Seagreen Link
Listed by Royal LePage Benchmark — Ryan Hicke

$390,000
18-111 Rainbow Falls Gate
Listed by eXp Realty — Justin Havre, Heather Nickel

$1,069,000
469 Rainbow Falls Way
Listed by Real Broker — Bryan Herman



