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233 Rainbow Falls Drive
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Beds
3
Baths
2 full + 1 half
Sqft
1,455
Year
2007
Type
Single Family
On market
0d
Here is an amazing opportunity in The Brownstones of Rainbow Falls, this beautiful well maintained complex is in a prime location in Chestermere, with Schools and Shopping and easy access in and out. This home offers room for the whole family, the main floor features a large living room and dining room combo a great space to gather and entertain. The fully appointed kitchen will inspire the chef in the family with tons of cupboard space and room to create. There is a large balacony of the kitchen to enjoy the sunny days and tons of room for family BBQ's, the main floor has a 2 piece bathroom for your convenience. Upstairs you will find a massive primary bedroom with a large walk in closet, two additional bedrooms and a 5 piece bathroom. The walkout basement is partially finished, vinyl flooring has been installed as well as some framing, but still room to make it your own, on this level you can access your double detached garage and there is concrete patio here for additional outdoor space, a great place for the little ones to play. The home has had some upgrades in the last couple of years including, Washer (1 year) and Dryer (4 months), Fridge and Dishwasher both replaced in the last 3 years, and hot water tank less than 1 year. This amenities rich community has it all and with some cosmetic touches this home will be a stunner, at this price there is tons of opportunity to gain some “sweat equity” and make the space your own! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 12.92 Ft x 6.42 Ft | |
| Family room | 13.08 Ft x 10.67 Ft | |
| Recreational, Games room | 10.17 Ft x 15.58 Ft | |
| Recreational, Games room | 11.92 Ft x 5.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.00 Ft x 15.58 Ft | |
| Dining room | 11.92 Ft x 7.00 Ft | |
| Kitchen | 15.58 Ft x 13.42 Ft | |
| 2pc Bathroom | 7.00 Ft x 3.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.50 Ft x 13.92 Ft | |
| Other | 7.83 Ft x 5.00 Ft | |
| Bedroom | 7.92 Ft x 11.42 Ft | |
| Bedroom | 9.67 Ft x 10.92 Ft | |
| 4pc Bathroom | 7.58 Ft x 9.67 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
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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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Exact location of this listing.
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.