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280 Rainbow Falls Drive
Beds
2
Baths
2 full + 1 half
Sqft
1,443
Year
2007
Type
Single Family
On market
29d
Welcome to this beautifully updated townhome in the sought after community of Rainbow Falls in Chestermere; offering over 1,400 square feet of open concept, above grade living space designed for comfort and functionality. The main level showcases brand new luxury vinyl plank flooring and fresh paint throughout, creating a bright, modern atmosphere from the moment you step inside. The kitchen is a standout feature, complete with granite countertops, stainless steel appliances, and a gas stove that's perfect for both everyday living and entertaining. Step out onto the elevated deck just off the main level, ideal for morning coffee or evening relaxation, and enjoy the added convenience of a 2-piece powder room. Upstairs, you’ll find a spacious primary bedroom with a walk-in closet, along with a generously sized second bedroom. A well appointed 4-piece bathroom and a versatile loft area provide the perfect space for a home office, reading nook, or flex area to suit your lifestyle ideal for today’s work-from-home needs.The partially developed walk out basement offers even more potential, opening directly onto a concrete patio, perfect for setting up your favourite patio set and enjoying sunny summer days and BBQing. Out back, a double detached garage provides ample space for vehicles, motorcycles, and additional storage.This move in ready home combines modern updates, thoughtful layout, and outdoor living all in a vibrant, family friendly community just minutes from Chestermere Lake, grocery stores, restaurants, amenities, and easy access to Calgary via Stoney Trail. Come check it out! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 3.25 Ft x 7.17 Ft | |
| Dining room | 9.67 Ft x 15.58 Ft | |
| Kitchen | 13.50 Ft x 16.83 Ft | |
| Living room | 13.58 Ft x 15.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.67 Ft x 9.67 Ft | |
| Bedroom | 10.75 Ft x 10.92 Ft | |
| Family room | 11.33 Ft x 7.92 Ft | |
| Primary Bedroom | 14.50 Ft x 13.83 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 May 31, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.