161 Rainbow Falls Glen, Chestermere

2026-05-09
 

Quick Summary

Location
161 Rainbow Falls Glen, Chestermere, Alberta T1X0S5
Price
$659,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1898 sqft
Bedrooms:
3 bed +2
Bathrooms:
4
Garages:
4
Year of Construction:
2014
Video Link:

MLS®#A2309616

Property Description

This home is finally ready to sell. TURN-KEY and packed with potential, this beautifully maintained home in the heart of Chestermere offers the perfect opportunity to live comfortably while creating future rental income. With 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Park, Playground, Schools, Shopping, Water Nearby

Building

  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Microwave Range Hood Combo, Window Coverings, Garage door opener
  • Basement Development: Finished
  • Basement Features: Separate entrance, Walk-up
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Concrete, Vinyl siding
  • Fireplace: Yes
  • Flooring Type: Carpeted, Hardwood, Tile
  • Interior Size: 1898 sqft
  • Building Type: House
  • Stories: 2

Features

  • Feature: Treed, Back lane, No Animal Home, No Smoking Home

Land

  • Land Size: 5513 sqft|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: Deck

Zoning

  • Description: R1

Information entered by Stonemere Real Estate Solutions
Listing information last updated on: 2026-06-22 16:22:22


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$500,000

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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