By the numbers

How this listing measures up

Value score Hot deal

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$/sqft $305

vs Rainbow Falls median -37% community avg $682K

Sqft per bedroom 469

Year built 2007

Annual taxes $2,356 2026

Garage 2 spaces

$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $305/sqft sits in the $300–350 range.

Other active listings This listing's price range This listing

About this property

Welcome Home to the Brownstones of Rainbow Falls. Just 5 minutes to the Beach and Across the street from Our Lady of Wisdom school and Lake Ridge community Church. This recently Painted & updated Home features 2 Large bedrooms upstairs, each with their own 4 piece master ensuites. The main floor hosts a Large living area, a dining area, a 2 piece bath, a functional kitchen with Island complete with new Quartz counter tops and newer Appliances along with new flooring throughout the main floor and upper floor. In the basement you will find a large cozy family room, another 4 piece bath and a generous 3rd bedroom along with your laundry room/storage area and a Double detached garage in the back. Close to Schools, shops, grocery stores, a dog park and of course the Lake. Make your appointment to view this home today.

Property details

Bedrooms	3
Bathrooms	4.0
Style	2 Storey
Heating	Forced Air,Natural Gas
Cooling	None
Flooring	Carpet,Vinyl Plank
Levels	Two
Basement	Full
Basement development	Finished
Interior features	No Smoking Home,See Remarks,Storage,Vinyl Windows
Appliances	Dishwasher,Electric Stove,Garage Control(s),Microwave,Refrigerator,Washer/Dryer,Window Coverings
Inclusions	none
Laundry	In Basement,Lower Level

Lot features	Back Lane,Rectangular Lot
Exterior features	Private Entrance,Rain Gutters
Fencing	None
Patio	Patio,See Remarks

Year built	2007
Construction materials	Composite Siding,Wood Frame,Wood Siding
Roof	Asphalt Shingle
Foundation	Poured Concrete

Parking features	Alley Access,Double Garage Detached
Garage spaces	2
Parking total	2

Annual taxes	$2,356
Tax year	2026
Possession	30 Days / Neg
Zoning	R-3
Title	Fee Simple
Restrictions	Board Approval

Neighbourhood	Rainbow Falls
Community features	Fishing,Golf,Lake,Park,Playground,Pond,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AOR	Calgary

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.