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201 Rainbow Falls Glen
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Beds
3
Baths
3 full + 1 half
Sqft
1,917
Year
2014
Type
Single Family
On market
51d
This one if for you - Welcome to this beautifully cared-for two-storey home, perfectly situated on a large corner lot in the sought-after community of Rainbow Falls. Warm, inviting & loaded with thoughtful updates, this home offers the ideal blend of comfort, style & functionality.Step inside to a bright & open main floor where the spacious living room is highlighted by a two-way gas fireplace, adding cozy ambiance to both the living & dining areas. The kitchen is designed for everyday living & easy entertaining with granite countertops, upgraded stainless steel appliances, and a large central island perfect for prepping meals & gatherings. You’ll love the generous rear entry, complete with built-in storage that keeps coats & boots perfectly tucked away keeping the main floor clutter & mud-free.Updated LVP flooring spans the entire upper level, providing a sleek, resilient surface throughout. Three spacious bedrooms & a versatile bonus room offer plenty of flexibility for family living. A well-appointed shared 4-piece bathroom adds comfort & practicality. The huge primary retreat completes this level with a walk-in closet & a beautifully appointed ensuite with dual sinks, while the convenient upper-level laundry simplifies daily routines. The unfinished basement is a blank canvas ready for your personal touch—whether you envision a family recreation area, a home gym, additional bedrooms, or simply appreciate the abundant storage options it provides.Outside, the fully fenced & landscaped yard features a large deck for summer relaxation. The double detached garage is drywalled, insulated & offers even more storage flexibility. Plus, with air conditioning, you’ll stay cool and comfortable all summer long.With its corner-lot setting, modern updates & move-in-ready feel, this home delivers comfort, convenience & incredible potential—all in one of Chestermere’s most beloved neighborhoods. Close to the dog park, No Frills Shopping area, schools, gas station, w alking pathways, the canal, and of course the LAKE! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 4.42 Ft | |
| Dining room | 16.83 Ft x 10.17 Ft | |
| Kitchen | 13.08 Ft x 15.00 Ft | |
| Living room | 16.00 Ft x 16.92 Ft | |
| Other | 6.92 Ft x 10.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.08 Ft | |
| 5pc Bathroom | 8.08 Ft x 9.17 Ft | |
| Bedroom | 10.67 Ft x 9.83 Ft | |
| Bedroom | 10.25 Ft x 10.08 Ft | |
| Bonus Room | 18.08 Ft x 12.50 Ft | |
| Primary Bedroom | 16.00 Ft x 14.50 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.