Skip to content

161 Rainbow Falls Glen, Chestermere, Alberta T1X 0S5

Rainbow Falls, Chestermere, Alberta T1X 0S5

$599,000

5

Bedrooms

4.5

Bathrooms

1,898

Sq Ft

2014

Year Built

About This Property

Built in 2014, this home is packed with potential. At almost 1,900 SQ FT above grade plus a builder-finished basement with separate rear access, this property is ideal for buyers looking for a “live up, rent down” setup. Welcoming you in is a charming front veranda and bright open-concept main floor featuring large windows, hardwood flooring throughout the main and second level, and a spacious living room with double-sided fireplace connecting to the dining area. The kitchen is designed for both function and style with granite countertops, tiled backsplash, stainless steel appliances, huge island, corner pantry, and plenty of cabinetry. A functional mudroom leads to the oversized detached garage, and central A/C (as is) keeps the home comfortable all summer long. Upstairs features a bonus room, upper-floor laundry, and 3 generous bedrooms including a spacious primary retreat with walk-in closet and ensuite featuring dual vanities. The fully finished builder-completed basement adds major value with 2 additional bedrooms with egress windows, a full 3-piece bathroom, large family room, and separate back entrance access making it an incredible opportunity for future legal suite development subject to approval and permitting by the city/municipality, multi-generational living, or mortgage-helping rental income. Outside, enjoy the large deck, fenced yard, mature trees, and beautiful perennials on this wide 50’ lot. Located just steps from scenic walking paths, ponds, waterfalls, canals, schools, and parks in one of Chestermere’s most family-friendly communities. A move-in ready home with flexibility, functionality, and income potential — this is one you don’t want to miss.

Essential Information

MLS®#A2309616
Price$599,000
Bedrooms5
Full Baths3
Half Baths1
Square Footage1,898
Lot SQFT0.13
Year Built2014
Typesingle family
Sub-TypeDetached
Style2 Storey
Statusactive

Parking

ParkingDouble Garage Detached
GarageDouble detached garage

Exterior

Exterior FeaturesPrivate Entrance, Private Yard
Lot DescriptionBack Lane, Back Yard, Landscaped, Rectangular Lot, Street Lighting, Treed
RoofAsphalt Shingle
FoundationPoured Concrete
Front ExposureS

Community Information

Address161 Rainbow Falls Glen, Chestermere, Alberta T1X 0S5
SubdivisionRainbow Falls
CityChestermere
ProvinceAlberta
Postal CodeT1X 0S5

Interior

HeatingFireplace(s), Forced Air
CoolingCentral Air
BasementFull
FireplaceYes
# of Fireplaces1
Fireplace TypeDouble Sided, Gas, Living Room
FlooringCarpet, Hardwood, Tile
Interior FeaturesDouble Vanity, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Stone Counters, Walk-In Closet(s)
LaundryElectric Dryer Hookup, Upper Level, Washer Hookup

Construction & Details

ConstructionConcrete, Mixed, Vinyl Siding, Wood Frame
ZoningR1

Inclusions

Appliances

Central Air ConditionerDishwasherDryerElectric StoveGarage Control(s)MicrowaveMicrowave Hood FanRefrigeratorWasherWindow Coverings

Listing Details

Listing OfficeStonemere Real Estate Solutions
Days on Market159
Data SourcePillar 9

Location

Loading map...

MLS® Number: A2309616

Listing Brokerage: Stonemere Real Estate Solutions

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

Interested in this property?

CE

Conor Elder

LPT Realty

Monthly Payment Estimate

~$2,496/mo

Based on 20% down, 5.5% interest rate, 25-year amortization