Address

268 Rainbow Falls Way, Chestermere, AB

Listing Type

Active

Price

$ 999,900

Property Attributes

ID#A2336303
TypeSingle Family
Listing Status Active
CityChestermere
NeighbourhoodRainbow Falls
Postal CodeT1X 0T1
Style2 Storey
Year Built2014
Price$ 999,900
Bedrooms5
Full Bathrooms3
Half Bathrooms1
Sqr Footage2392
Lot Size0.126148 Acres

Data Source:

Pillar 9 Technologies

Property Description

LIKE-NEW, CANAL-FRONT HOME WITH A WALK-OUT ILLEGAL BASEMENT SUITE, SUNNY SOUTH BACKYARD & TRIPLE ATTACHED GARAGE IN CHESTERMERE. Backing directly onto a quiet canal w/ no neighbours behind, this exceptional home offers 5 bedrooms, 3.5 bathrooms, a fully developed walk-out illegal basement suite, triple attached garage w/ workshop space, elevator access to the basement, and 3 South-facing outdoor patios. The home welcomes you with a bright, modern interior featuring contemporary white finishes and durable hard-surface flooring throughout the above-grade living spaces. A spacious foyer opens naturally into the main level and above. The spacious living room is centred around a gas fireplace with stone surround and flows into the kitchen, complete w/ granite countertops, stainless steel appliances, gas cooktop, extensive cabinetry, and a walk-through pantry w/ direct access to the garage. The dining area overlooks the sunny South-facing backyard and canal. Sliding doors lead to a large rear deck w/ a gas BBQ line and uninterrupted views across the canal and fields beyond. A dedicated laundry room w/ side-by-side washer and dryer and built-in storage, plus a powder room. The main level also provides a full enclosed office for work-from-home days. Upstairs, 4 generously sized bedrooms are complemented by a large bonus room with its own fireplace. The private primary suite overlooks the canal and features a sunny South-facing balcony, a large walk-in closet, and a 4-pc ensuite, a drop-in soaker tub, a separate shower, and a private water closet. Three additional bedrooms share a full 4-pc bathroom w/ tub/shower combination. An elevator provides convenient access to the fully developed walk-out basement, configured as an illegal suite. Oversized windows bring abundant natural light into the lower level, which features a spacious recreation room overlooking the South-facing concrete patio and canal, and a full kitchen with granite countertops. The large bedroom features oversized windows overlooking the sunny South backyard and a full 4-pc bathroom. Walk-out access leads directly to the fully fenced backyard, complete with tiered garden areas and a dedicated pet area. The canal frontage and lack of rear neighbours create an exceptional sense of privacy. The triple attached garage offers excellent parking and storage, along with a dedicated workshop area for projects and equipment. Central air conditioning provides year-round comfort. Located in Chestermere, residents enjoy easy access to Chestermere Lake, parks, pathways, playgrounds, schools, shopping, restaurants, and everyday services. Highway 1 provides convenient access to Calgary while allowing you to enjoy the privacy and quieter setting of canal-front living.

Price History
8/11/2026	Listed $999,900

General Features

Heating	Forced Air,Natural Gas
Cooling	Central Air
Roof	Asphalt Shingle
Appliances	Central Air Conditioner,Dryer,Garburator,Gas Range,Microwave Hood Fan,Refrigerator,Tankless Water Heater,Washer,Water Softener,Window Coverings
Zoning	R1
Number of Garage Spaces	3
Restrictions	None Known
Year Built	2014
Architectural Style	2 Storey
Community Features	Fishing,Lake,Park,Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths
Levels	Two
Property Subtype	Detached
Transaction Type	For Sale
County	Chestermere
Property Type	Residential
Subdivision Name	Rainbow Falls
Parking Total	6
Construction Materials	Concrete,Mixed,Vinyl Siding,Wood Frame
Full Baths	3
Status	Active
City	Chestermere
Basement Development	Finished
Structure Type	House
Standard Status	Active
Condo Type	Not a Condo
Suite	Yes

Interior Features

Interior Features	Breakfast Bar,Built-in Features,Closet Organizers,Elevator,Granite Counters,Kitchen Island,Pantry,Soaking Tub,Storage,Walk-In Closet(s)
Basement	Full
Flooring	Carpet,Tile,Vinyl Plank
Fireplace Features	Electric,Family Room,Gas,Great Room
Fireplaces Total	2
Basement Features	Separate/Exterior Entry,Walk Out
Half Baths	1
Bedrooms Above Grade	4
Rooms Above Grade	9
Ensuite	Yes
Total Bedrooms	5
Below Grade Finished Area	904.81
Below Grade Finished Area Unit Type	SquareFeet
Total Baths	4
Laundry Features	In Basement,Main Level
Five Piece Bath	1
Five Piece Ensuite Bath	1
Main Level Finished Area	1048.52
Main Level Finished Area Metres	97.41
Main Level Finished Area SF	1048.52
Main Level Finished Area Srch Sq	1048.52
Main Level Areas	SquareFeet

Exterior Features

Exterior Features	Awning(s),Balcony,BBQ gas line,Garden,Private Entrance
Lot Features	Landscaped,Lawn,Rectangular Lot,See Remarks
Fencing	Fenced
Inclusions	Patio Gazebo,Keypad,Curtains & Curtain Rods,Garage Heater,Garage Shelving,Bonus Room Electric Fireplace,Basement Fridge,Basement Stove,Basement Hoodfan,Basement Dishwasher,Basement Microwave,Basement
Parking Features	Heated Garage,Triple Garage Attached
Frontage Length	15.25M 50`0
Foundation	Poured Concrete
Lot Size Acres	0.13
Garage Y/N	Yes
Lot Size Square Feet	5495
Frontage Ft	50.04
Patio And Porch Features	Awning(s),Balcony(s),Deck,Front Porch,Patio,Rooftop Patio