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TownhouseActiveOpen house scheduled

Rainbow Falls · Chestermere

288 RAINBOW FALLS Drive, Chestermere

$469,990

Rainbow Falls, Chestermere, Alberta T1X 0E4 · MLS® A2310075

3
Bedrooms: 3.5
Bathrooms: 1,400
Sq ft above grade: $336
Per sq ft

About This Property

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.

Property Details

Interior

Bedrooms: 3
Bathrooms: 3 full · 1 half
Ensuite bathrooms: 2
Rooms above grade: 4
Above grade: 1,400 sq ft
Total finished: 1,400 sq ft
Basement: Full · Finished
Fireplaces: 1 fireplace
Laundry: In Basement

Interior features

Breakfast Bar
Closet Organizers
Kitchen Island
Laminate Counters
No Smoking Home
Pantry
Storage
Walk-In Closet(s)

Flooring

Carpet
Ceramic Tile
Hardwood

Fireplace

Building

Property type: Townhouse
Structure: Five Plus
Style: 2 Storey, Attached-Side by Side
Levels: Two
Year built: 2007
Front exposure: N
Floor: Top
Entry level: 1
Common walls: 1 Common Wall

Construction

Vinyl Siding
Wood Frame
Wood Siding

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Fireplace(s), Forced Air
Cooling: Central Air, Full

Parking

Garage: Double Garage Detached, Garage Faces Rear · 2 spaces
Garage size: 19`5" x 19`5"
Total parking: 2 spaces
Parking type: Attached Garage

Lot & outdoors

Fencing: None

Lot features

Back Lane
Back Yard
Low Maintenance Landscape
No Neighbours Behind

Outdoor living

Deck
Patio

Exterior features

Balcony

Condo / HOA

Complex: The Brownstones at Rainbow Falls
Ownership type: Conventional Condo
Fee: $390/mo
Pets: Restrictions

Condo fee includes

Common Area Maintenance
Insurance
Maintenance Grounds
Professional Management
Reserve Fund Contributions
Snow Removal
Trash

In the community

Park
Playground
Pond
Schools Nearby
Shopping Nearby
Sidewalks
Street Lights
Walking/Bike Paths

Costs & ownership

Annual property tax: $2,436 (2025)
Condo fee: $390/mo
Title: Fee Simple
Ownership: Private
Zoning: R-3 – Residential Multi-U
Restrictions: Board Approval, Pet Restrictions or Board approval Required, Restrictive Covenant, Utility Right Of Way

Listing & availability

MLS® number: A2310075
Listed: May 15, 2026
Days on market: 122
Possession: 30 Days / Neg, Negotiable, Other/See Remarks
Possession date: Jun 30, 2026
Listing office: Ko Realty Ltd.

Included in the sale

Appliances: Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings

Other inclusions: 6 ceiling speaker, , Garage Door Opener (1) Basement : Electric Range, Refrigerator, Window blinds, hood Fan

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$2,671.92/mo

Mortgage: $2,078.92
Property tax: $203.00
Condo fee: $390.00

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Listed by Ko Realty Ltd.

Data provided under license by Pillar 9™.

Listing data updated Aug 26, 2026, 10:15 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation