Property description for 268 Rainbow Falls Way, Chestermere, AB T1X 0T1

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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 over sized 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. (id:38686)

QUICK OVERVIEW

Built in 2014
$418 / Sq Ft
6 parking spaces
Central air conditioning
Forced air, Natural gas
1 Day on website
0.13 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Zee Zebian

Listing Office REMAX House of Real Estate, 403-287-3880

Updated Wednesday, August 12, 2026 at 11:55:59 PM

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NEIGHBOURHOOD

About the Rainbow Falls Neighbourhood

Les acheteurs qui préfèrent un environnement paisible affectionneront Rainbow Falls. Le secteur est extrêmement silencieux, étant donné qu'il y a peu de bruit lié à la circulation automobile.

Learn more about Rainbow Falls

Quiet

Pas ou très peu de sources de bruit à proximité

Car friendly

Accès excellent à des voies rapides et/ou des artères majeures, avec un très faible risque de problèmes de stationnement

Daycares

Au moins une garderie à quelques minutes à pied

Groceries

Grande variété d'épiceries à quelques minutes en voiture, dont certaines à distance de marche

Elementary Schools

Au moins une école primaire à moins de 15 minutes à pied

CLIMATE RISK FOR T1X 0T1

Mortgage Payments for 268 Rainbow Falls Way, Chestermere, AB T1X 0T1

$4,539

Monthly

Estimated Payment

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$1,000,000

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3,071 SQ FT

Listing by Sotheby's International Realty Canada

MLS® #: A2335424

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$979,900

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3,289 SQ FT

Listing by Exp Realty

MLS® #: A2305515

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$1,039,900

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3,120 SQ FT

Listing by Urban-realty.ca

MLS® #: A2328582

$984,900

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2,646 SQ FT

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$999,000

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2,646 SQ FT

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$999,900

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2,883 SQ FT

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MLS® #: A2295779

$995,000

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2,883 SQ FT

Listing by Remax Crown - Happe Dhillon

MLS® #: A2295781

$989,900

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2,957 SQ FT

Listing by The Real Estate District

MLS® #: A2325392

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$983,000

113 KINNIBURGH BAYCHESTERMERE, AB T1X 0M2

3,186 SQ FT

Listing by First Place Realty

MLS® #: A2329091

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268 RAINBOW FALLS WAY, CHESTERMERE, AB T1X 0T1