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Home Communities Rainbow Falls 31-111 Rainbow Falls Gate
$429,900 Active
31-111 Rainbow Falls Gate · Chestermere · T1X 0Z5
2 bd 3.0 ba 1,551 sqft $277/sqft Built 2016
MLS® A2323614 · Listed Jun 28, 2026
Listed by RE/MAX Crown — Happe Dhillon, Raman Chahal
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $277
vs Rainbow Falls median -37% community avg $682K
Sqft per bedroom 775
Year built 2016
Annual taxes $2,738 2026
Garage 2 spaces
$/sqft distribution

Where this listing sits in Rainbow Falls

Of 30 active residential listings in Rainbow Falls, this property at $277/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 · $277
Other active listings This listing's price range This listing

About this property

End Unit | Backing onto Canal & Walking Path | Balcony with Unobstructed Views | Ground Level Concrete Patio with BBQ & Dining Area | Double Attached Garage | 1,550.63 SqFt | Ground Level Home Office | Modern Finishes | Central Kitchen | Sparkling Quartz Countertops | Full Height Cabinets | Kitchen Island & Peninsula with Barstool Seating | Abundant Natural Light | Wide Plank LVP Flooring | Open Floor Plan | Expansive Living Space | 2 Primary Bedrooms with Walk-in Closets & Ensuite Bathrooms | Upper Level Stacked Laundry | 3 Minutes to Chestermere Lake | Close to All Amenities. Welcome home to this stunning end-unit 3-storey townhome backing directly onto the canal & walking pathway with unobstructed water views from both the balcony & private ground level patio. Offering 1,550.63 SqFt of thoughtfully designed living space, this home combines modern finishes, functional living & an unbeatable location only minutes from Chestermere Lake. Step inside through the front foyer or double attached garage to the ground level where you'll find a bright home office with high ceilings, abundant natural light & mirrored closet storage. This flexible space is perfect for a work-from-home lifestyle, study area or overnight guests. Just outside the front entrance, the private concrete patio offers plenty of space for outdoor dining, relaxing & firing up the BBQ while enjoying the peaceful canal-side setting. Upstairs, the main living level is designed for entertaining with an open floor plan connecting the kitchen, dining & living rooms. Positioned at the heart of the home, the stunning kitchen features sparkling quartz countertops, full-height cabinetry, stainless steel appliances, a centre island with barstool seating & a peninsula with additional barstool seating, providing more casual seating than most townhomes. Whether preparing meals or entertaining friends & family, everyone has a place to gather. The dining area comfortably accommodates a full-sized table while remaining open to the spacious living room, making everyday living & entertaining effortless. Sliding glass doors lead to your private south-facing balcony where you'll enjoy unobstructed canal views & beautiful Alberta sunsets. A convenient 2pc bathroom completes this level. The upper level is finished with plush carpet flooring throughout the bedrooms & tile flooring in the bathrooms & laundry. Here you'll find 2 spacious primary bedrooms, each complete with its own walk-in closet & private 4pc ensuite bathroom, creating the ideal layout for roommates, guests or families wanting additional privacy. Stacked laundry is conveniently located between the bedrooms, making laundry day simple & efficient. Located just 3 minutes from Chestermere Lake & close to schools, parks, shopping, restaurants & everyday amenities, this beautiful townhome offers the perfect balance of lifestyle, comfort & convenience. This home checks all the boxes; Hurry & book your showing today!

Property details

Bedrooms2
Bathrooms3.0
Style3 (or more) Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Ceramic Tile,Vinyl Plank
LevelsThree Or More
BasementNone
Interior featuresBreakfast Bar,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Walk-In Closet(s)
AppliancesDishwasher,Dryer,Electric Stove,Garage Control(s),Range Hood,Refrigerator,Washer,Window Coverings
InclusionsN/A
LaundryUpper Level
Lot featuresBacks on to Park/Green Space,Rectangular Lot
Exterior featuresLighting,Rain Gutters
FencingNone
PatioBalcony(s),Patio
Year built2016
Construction materialsComposite Siding,Vinyl Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total2
Annual taxes$2,738
Tax year2026
PossessionNegotiable
ZoningDC-R3
TitleFee Simple
RestrictionsNone Known
NeighbourhoodRainbow Falls
Community featuresLake,Park,Playground,Pond,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
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 Crown — Happe Dhillon, Raman Chahal.