Welcome to 320 Rainbow Falls Drive, a well-maintained, air-conditioned townhome with a fully finished walkout basement and double detached garage in a mature, highly convenient location. Offering 2 bedrooms, each with its own 4-piece ensuite, plus a full bathroom in the basement and a half bath on the main floor, this fully developed home delivers excellent value and functionality. Step inside to 9 ft ceilings throughout the main level and a spacious living room that flows into the sun-filled, southwest-facing kitchen and dining area. The kitchen features an island, pantry, and stainless steel appliances, with access to the balcony overlooking the backyard with no neighbours directly behind. Upstairs, you’ll find two generously sized bedrooms with private ensuite bathrooms, including a primary bedroom with a walk-in closet. The fully developed walkout basement adds even more flexible living space with a massive rec room, full bathroom, spacious laundry room, and direct access to the backyard leading to the double detached garage. Facing green space and located just steps from the Chestermere Business Park, this home is walking distance to grocery, pharmacy, restaurants, gas, schools, parks, pathways, and close to major routes in and out of Chestermere.More details
** OPEN HOUSE SATURDAY MAY 16TH, 12 PM - 4 PM ** - PARK/ FOUNTAIN FRONT LUXURY | FULL WALK-OUT BASEMENT | RARE END-UNIT. Welcome to this exceptionally maintained, rare end-unit townhouse offering over 1,800 sq ft of total developed living space, featuring 1,400+ sq ft above grade and a fully finished walk-out basement. Combining functionality and an unbeatable location, this property is an ideal opportunity for families, first-time buyers, or investors looking for a low-maintenance home in a vibrant community.
The bright, open-concept main floor features soaring 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light. The spacious living room frames unobstructed views of the park and water fountain, complete with a cozy fireplace and central air conditioning for year-round comfort. The kitchen showcases rich dark cabinetry, a large pantry, and an oversized island, while a built-in central speaker system adds the perfect touch for entertaining.
Upstairs, the quiet primary bedroom overlooks the front park and includes a generous walk-in closet with its own window and a private 4-piece ensuite. A spacious second bedroom with large backyard views and an additional full 4-piece bathroom complete the upper level.
The fully developed walk-out basement provides exceptional flexibility, featuring a private entrance, full kitchen, and its own separate laundry. Outside, the property includes a double detached garage accessible by a clean, wide back alley, offering the added privacy that only an end-unit can provide.
Perfectly positioned directly across from a park, water fountain, and local church, this home is within easy walking distance of grocery stores, banks, shops, a pharmacy, and restaurants. A primary school is located just 200 meters away, and you are only 3 minutes from Chestermere Boulevard for seamless access to Calgary. Condominium fees cover common area and grounds maintenance, completing this exceptional lifestyle opportunity.More details
Welcome to Rainbow Falls! This beautifully renovated WALK-OUT TOWNHOUSE offers a rare opportunity with a fully developed lower level featuring a private entrance, kitchenette, separate laundry, and third bedroom — ideal for extended family, guests, or added income potential.
Offering over 2000 sq ft of developed living space, this move-in-ready home combines the comfort and a functional and versatile layout. FRESHLY PAINTED throughout with UPDATED FLOORING and NEW CARPET, the home feels bright and exceptionally well cared for.
The main floor features an open-concept design filled with natural light from large windows, creating a warm and inviting atmosphere. The spacious living area is separated from the well-appointed kitchen, complete with dark cabinetry, light source, and ample storage — perfect for everyday living. Convenient main-level laundry adds to the home’s thoughtful design.
Step outside onto the private BALCONY, an ideal space to enjoy your morning coffee or unwind in the evening.
Upstairs, you’ll find two generously sized bedrooms, including a spacious primary retreat with its own ensuite and plenty of closet space in each.
The DETACHED DOUBLE GARAGE provides secure parking for two vehicles.
Ideally located close to parks, schools, walking paths, shopping, restaurants, and everyday amenities, this property also offers quick and convenient access to Calgary while allowing you to enjoy the charm and lifestyle of the Rainbow Falls community.
A rare and versatile property that truly stands out in today’s market. Check it out!More details
Welcome to this beautifully updated townhome in the sought after community of Rainbow Falls in Chestermere; offering over 1,400 square feet of open concept, above grade living space designed for comfort and functionality. The main level showcases brand new luxury vinyl plank flooring and fresh paint throughout, creating a bright, modern atmosphere from the moment you step inside. The kitchen is a standout feature, complete with granite countertops, stainless steel appliances, and a gas stove that's perfect for both everyday living and entertaining. Step out onto the elevated deck just off the main level, ideal for morning coffee or evening relaxation, and enjoy the added convenience of a 2-piece powder room. Upstairs, you’ll find a spacious primary bedroom with a walk-in closet, along with a generously sized second bedroom. A well appointed 4-piece bathroom and a versatile loft area provide the perfect space for a home office, reading nook, or flex area to suit your lifestyle ideal for today’s work-from-home needs.
The partially developed walk out basement offers even more potential, opening directly onto a concrete patio, perfect for setting up your favourite patio set and enjoying sunny summer days and BBQing. Out back, a double detached garage provides ample space for vehicles, motorcycles, and additional storage.
This move in ready home combines modern updates, thoughtful layout, and outdoor living all in a vibrant, family friendly community just minutes from Chestermere Lake, grocery stores, restaurants, amenities, and easy access to Calgary via Stoney Trail. Come check it out!More details
Welcome to Rainbow Falls. This beautifully maintained 3 bedroom, 2.5 bathroom end unit townhome offers over 1,220 sq ft of functional living space in one of Chestermere’s most sought after communities. Perfect for first time buyers, downsizers, or investors, this home offers comfort, convenience, and excellent value in a peaceful, family friendly setting.
The main floor features an open concept layout with hardwood flooring throughout, a bright living room, stainless steel appliances, island seating for three, and a spacious dining nook perfect for everyday living and entertaining.
Upstairs you’ll find a generous primary bedroom complete with a 4 piece ensuite, along with two additional good sized bedrooms and another full 4 piece bathroom. The partially finished lower level provides additional flexible living space with room for a home gym, rec room, office, or extra storage.
Major updates include all major appliances replaced in 2022 with warranty coverage through 2027, as well as a hot water tank replaced in 2021 for added peace of mind.
Known for its scenic pathways, tranquil canals, mature landscaping, and welcoming atmosphere, Rainbow Falls offers a lifestyle that perfectly blends nature and convenience. Enjoy two assigned parking stalls directly in front of the unit and an unbeatable location beside green space and the Rainbow Falls pathway system. Surrounded by parks, walking paths, canals, schools, shopping, restaurants, and everyday amenities, this home is also just a 10 minute walk to the lake and only 20 minutes from Calgary. Don't miss your opportunity to call this gem home!More details
Data was last updated May 21, 2026 at 02:05 PM (UTC)
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