Primary photo of 161 Rainbow Falls Glen, Chestermere
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House For Sale

$659,000

MLS® Number: A2309616

Bedrooms

5

Bathrooms

4

Floor Area

1,898

Land Size

5,513

Year Built

2014

161 Rainbow Falls Glen, Chestermere, Alberta

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Microwave Range Hood Combo, Window Coverings, Garage door opener

Basement

Finished, Full, Separate entrance, Walk-up

Bathrooms Partial

1

Bathrooms Total

4

Bedrooms Total

5

Cooling

Central air conditioning

Fireplace

True

Fireplaces Total

1

Flooring

Tile, Hardwood, Carpeted

Heating

Forced air, Other

Living Area

1898 sqft

Building & Exterior

Exterior Features

Concrete, Vinyl siding

Foundation Details

Poured Concrete

Parking Features

Detached Garage

Stories

2.0

Year Built

2014

Land & Location

City Region

Rainbow Falls

Community Features

Golf Course Development, Lake Privileges

Frontage Length

15.54 meters

Lot Features

Treed, Back lane, No Animal Home, No Smoking Home

Lot Size Area

5513.0 sqft

Lot Size Dimensions

5513.00

Parcel Number

0035632793

Postal Code

T1X0S5

Subdivision Name

Rainbow Falls

Listing & Financials

Listing Office

Stonemere Real Estate Solutions

Originating System Name

Calgary Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

4

Mortgage Calculator

20% ($131,800)
5.5%
25 Years

Estimated Monthly Payment

$3,237

Principal and interest only. Actual rates may vary.

Location & Map

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