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$475,000
7 Days On Site

397 Rainbow Falls Drive
Chestermere, AB T1X 0L1

For Sale|Townhouse|Active
3
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
1,439.7
SqFt
$330
/SqFt
2006
Built
Subdivision:
Rainbow Falls
County:
Chestermere
397 Rainbow Falls Drive397 Rainbow Falls Drive397 Rainbow Falls Drive397 Rainbow Falls Drive
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Mortgage Calculator

Monthly Payment (Est.)

$2,167
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Welcome to the Brownstones of Rainbow Falls! This 3 bedroom, 2 Story, walk out townhouse is one of a kind! Offering over 1400sqft of living space, this well maintained and spacious home is perfect for families, first time buyers, or investors. The main floor boasts a bright, open concept living and dining area, ideal for everyday living and entertaining. Large windows allow plenty of natural light throughout the day. The kitchen offers dark wood cabinets an oversize island, and washer/dryer for the upper level. Downstairs is fully developed with a private entrance, wet bar and laundry. Featuring New multizone and ducting, water tank, carpet, paint throughout, and washer/dryers. The basement ceiling has been dropped and sound insulation installed to allow a quiet comfortable space. Conveniently located close to schools, parks, walking paths, and restaurants.

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Listing Snapshot
Price 
$475,000
Days On Site 
7 Days
Bedrooms 
3
Inside Area (SqFt) 
1,439.7 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
N/A
Year Built 
2006
MLS® Number 
A2278613
Status 
Active
Property Tax 
$2,421.1
HOA/Condo/Coop Fees 
$442.9 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Parking 
GarageSee RemarksGarage Door Opener
Parking Spaces 
3
Pets 
Breed Restrictions
Property Sub Type 
Townhouse
SqFt Above 
731.7
SqFt Below 
618.5
Style 
2 Storey
Zoning 
R-3
Interior Features
Appliances 
DishwasherENERGY STAR Qualified DryerENERGY STAR Qualified WasherRefrigeratorWasher/Dryer StackedElectric Range
Basement 
FullFinishedWalk-Out Access
Flooring 
CarpetLinoleumVinyl
Heating 
ENERGY STAR Qualified EquipmentForced AirNatural Gas
Interior 
Kitchen IslandLaminate CountersOpen Floorplan
Laundry Features 
In BasementIn Kitchen
Window Features 
Window Coverings
2pc Bathroom 
Dimensions - 5`7" x 4`11"Level - Main
4pc Bathroom 
Dimensions - 8`5" x 4`8"Level - Upper
4pc Ensuite bath 
Dimensions - 7`9" x 4`11"Level - Upper
Balcony 
Dimensions - 13`5" x 9`7"Level - Main
Bedroom 
Dimensions - 9`1" x 9`5"Level - Upper
Bedroom - Primary 
Dimensions - 14`0" x 13`10"Level - Upper
Dining Room 
Dimensions - 13`1" x 9`4"Level - Main
Entrance 
Dimensions - 5`0" x 3`10"Level - Lower
Game Room 
Dimensions - 26`9" x 14`11"Level - Lower
Kitchen 
Dimensions - 13`10" x 13`11"Level - Main
Laundry 
Dimensions - 5`7" x 4`11"Level - Lower
Living Room 
Dimensions - 15`6" x 15`5"Level - Main
Mud Room 
Dimensions - 5`6" x 3`10"Level - Main
Other 
Dimensions - 9`9" x 5`5"Level - Lower
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Exterior Features
Construction Details 
Vinyl SidingWood SidingFrame
Exterior 
BalconyOtherPrivate Entrance
Lot Features 
Back YardFront YardLandscaped
Roof 
ShingleAsphalt
Waterfront Features 
Lake
Windows/Doors 
Window Coverings
Community Features
Association Amenities 
Other
Association Dues 
442.9
Community Features 
FishingGolfLakeParkPlaygroundSidewalksStreet Lights
HOA Fee Frequency 
Monthly
Listing courtesy of Jennifer Ashton of Century 21 Bravo Realty

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Alberta One Realty Listing Services (Pillar 9)
Last checked 2026-01-20 04:25 AM UTC

Neighborhood & Commute
Source: Walkscore
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