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288 RAINBOW FALLS Drive
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Beds
3
Baths
4 full + 1 half
Sqft
1,400
Year
2007
Type
Single Family
On market
25d
** OPEN HOUSE SUNDAY June 7 TH, 12 PM - 2 PM ** - 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 opportuni ty. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.83 Ft x 5.83 Ft | |
| Primary Bedroom | 27.00 Ft x 18.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.92 Ft x 5.33 Ft | |
| Kitchen | 15.25 Ft x 13.92 Ft | |
| Living room | 19.75 Ft x 14.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.50 Ft x 13.75 Ft | |
| Bedroom | 12.00 Ft x 11.83 Ft | |
| 4pc Bathroom | 7.58 Ft x 9.58 Ft | |
| 4pc Bathroom | 11.17 Ft x 7.25 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 10, 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.