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237 Rainbow Falls Drive
Rainbow Falls Chestermere T1X 0B1

$449,888
Residential beds: 3 baths: 4.0 1,408 sq. ft. built: 2007

Main Photo: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 1: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 2: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 3: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 4: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 5: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 6: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 7: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 8: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 9: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 10: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 11: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 12: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 13: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 14: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 15: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 16: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 17: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 18: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 19: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 20: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 21: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 22: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 23: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 24: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 25: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 26: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 27: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 28: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 29: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 30: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 31: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Photo 32: 237 Rainbow Falls Drive in Chestermere: Rainbow Falls Row/Townhouse for sale : MLS®# A2310660
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2310660
Bedrooms:
3
Bathrooms:
4
Year Built:
2007
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!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
1,408.5 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
633.4 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$390.00
Condo Fee Includes:
Common Area Maintenance, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
Southwest
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2007 (Age: 19)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1012881
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, Walk Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame, Wood Siding
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Main Level, Multiple Locations
Condo Fee Frequency:
Monthly
The Brownstones at Rainbow Falls
Rainbow Falls
None
Dishwasher, Electric Stove, Garage Control(s), Microwave, Refrigerator, Washer/Dryer, Washer/Dryer Stacked, Window Coverings
none
Pet Restrictions or Board approval Required
Restrictions, Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Balcony
13'9" × 9'9"
Main Floor
Dining Room
10'6" × 7'3"
Main Floor
Kitchen
15'6" × 10'4"
Main Floor
Laundry
4' × 2'4"
Main Floor
Living Room
19'7" × 15'3"
Main Floor
Entrance
6'2" × 4'4"
Upper Level
Bedroom
11'11" × 11'6"
Upper Level
Bedroom - Primary
13'9" × 12'
Upper Level
Walk-In Closet
7'9" × 5'1"
Basement
Laundry
6'1" × 5'4"
Basement
Bedroom
13' × 10'10"
Basement
Family Room
23'2" × 13'
Basement
Kitchenette
11'10" × 5'8"
Basement
Mud Room
6'11" × 4'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'11"
Upper Level
Yes
4
4'10" x 11'4"
Upper Level
Yes
4
9'4" x 8'4"
Basement
Yes
3
8'4" x 5'6"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
Central Vacuum, No Animal Home, No Smoking Home, Separate Entrance
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane
Num. of Parcels:
0
Fencing:
None
Region:
Chestermere
Zoning:
R3
Listed Date:
May 12, 2026
Days on Mkt:
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Listed by RE/MAX First
Data was last updated May 13, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$649,475
Min list price:
$339,900
Max list price:
$1,099,900
Avg days on market:
38
Min days on market:
1
Max days on market:
218
Avg price per sq.ft.:
$324.48
These statistics are generated based on the current listing's property type and located in Rainbow Falls. Average values are derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.