Rainbow Falls Condos for Sale

Welcome to Rainbow Falls, a picturesque community nestled in the charming city of Chestermere, Alberta. This vibrant neighborhood is a hidden gem that offers a unique blend of natural beauty and modern living, making it an ideal place for families, young professionals, and retirees alike. With its stunning views of the nearby lakes and the majestic Rocky Mountains in the distance, Rainbow Falls embodies the essence of Alberta's breathtaking landscape.

Rainbow Falls is designed with a focus on community and connectivity. Residents enjoy access to a wealth of amenities, including parks, walking trails, and playgrounds, perfect for outdoor enthusiasts and families looking to spend quality time together. The community is also conveniently located near Chestermere Lake, providing ample opportunities for water activities such as boating, fishing, and picnicking along the shore.

For those considering a move to this vibrant area, there are a variety of condos for sale in Rainbow Falls, offering modern designs and comfortable living spaces. These condos cater to diverse lifestyles and budgets, featuring open floor plans, contemporary finishes, and easy access to community amenities. Whether you’re looking for a cozy one-bedroom unit or a spacious family-friendly condo, you’ll find a welcoming home that suits your needs.

In Rainbow Falls, you’ll not only enjoy the tranquility of a close-knit community but also the convenience of urban living, with shopping, dining, and schools just a short drive away. Experience the best of both worlds in Rainbow Falls—where nature meets modern convenience, and your dream home awaits!

Newest Rainbow Falls Condos for Sale

$395,000

2 Beds ⋅ 3 Baths ⋅ A2338372 MLS® #

WOW! Check out this TWO bed, TWO and a half bath, front drive townhome with sunny unobstructed south views. Once you enter the main floor, you are greeted with a massive mud room which leads you to your ATTACHED DOUBLE car garage. The main floor also boats a versatile den which could be used as a third bedroom, an office, home gym, studio; whatever you see fit. The first thing you notice when you enter your new second floor home is that you have a wide open floor plan. With a half bathroom, closet, pantry, centre kitchen, and quartz countertop island with touch faucet - you will have plenty of cupboards and counter space to cook up a storm. The central area of your new home accommodates a gigantic living room to one side and a dining area to the next - perfect for hosting friends and family gatherings. Straight ahead of your living room you will find your private balcony where you can BBQ up a storm. Continuing on to the upper level you will find not one, but TWO primary bedrooms, each with its own 4-piece bathroom and walk in closets big enough to sleep in. For your convenience and piece of mind, you have brand new carpet with upgraded underlay and a fresh coat of paint throughout. You also have in-suite laundry on the upper level, additional under stair storage and brand new shingles on the roof and hardy board shakes. How amazing is that? The location is perfect too - just an 11-minute drive to Stoney Trail, a 7-minute drive to Glenmore, walking or biking distance to several restaurants, pubs, shopping, Calgary transit bus, parks, playgrounds, and schools! There are plenty of visitor parking stalls as well as on street parking right out your front door. You will be hard pressed to find a 2+1 bedroom, 2.5 bath townhome THIS spacious and THIS convenient for THIS price anywhere in the city so come and have a look today!

111 Rainbow Falls Gate Unit 2, Chestermere

Courtesy of Real Broker.

$394,900

3 Beds ⋅ 3 Baths ⋅ A2341431 MLS® #

Welcome to Rainbow Falls! DETACHED DOUBLE GARAGE!! PET FRIENDLY!! SEPARATE ENTRANCE WALKOUT BASEMENT!! 1400+ SQFT OF LIVING AREA!! 3 BEDROOM!! 2.5 BATHROOM!! This townhouse offers LOW CONDO FEES, a DETACHED DOUBLE GARAGE, and a WALKOUT BASEMENT WITH SEPARATE ENTRANCE. The main floor features an open-concept layout with a bright living room, dining area, and functional kitchen complete with an island and pantry. Step outside to the backyard deck, perfect for enjoying your morning coffee or summer evenings. A convenient 2-piece bathroom completes this level. Upstairs, you'll find 3 bedrooms, including the primary bedroom with a private 4-piece ensuite. Two additional bedrooms and another 4-piece bathroom complete the upper floor. The walkout basement offers a separate entrance. Outside, the detached double garage provides secure parking and extra storage. Located close to parks, pathways, schools, shopping, and everyday amenities, this home offers excellent value in the sought-after community of Rainbow Falls.

304 Rainbow Falls Drive, Chestermere

Courtesy of Real Broker.

$359,900

3 Beds ⋅ 3 Baths ⋅ A2337231 MLS® #

This end-unit townhouse in Rainbow Falls offers the kind of layout that makes everyday living easy—with 1,228 sq. ft. above grade, three bedrooms, 2.5 bathrooms and a full unfinished basement ready for whatever comes next. The main floor is bright, open and inviting, with hardwood flooring, large windows and a seamless flow between the living, dining and kitchen areas. The kitchen features quartz countertops, a generous island, ample cabinetry and a functional layout that keeps you connected to the rest of the home. The dining area overlooks the backyard, while the living room offers plenty of room to relax or entertain. Upstairs, the spacious primary bedroom features its own ensuite, while two additional bedrooms and a full bathroom provide plenty of flexibility for family, guests or a home office. The unfinished basement adds valuable storage and future development potential, with laundry already in place plus a brand new hot water tank. Outside, enjoy your own private yard and the added privacy of an end-unit location. Central air conditioning keeps things comfortable through the summer. Parking is convenient with two parking stalls at the rear with direct access to the back door and additional street parking at the front. Located in the desirable Rainbow Falls community, you're close to Lake Chestermere, parks, schools, shopping, walking paths and the amenities of Chestermere—all while enjoying the space and feel of a traditional home without the upkeep of a detached property. Comfortable. Practical. Private. And ready for its next chapter.

153 Rainbow Falls Manor W, Chestermere

Courtesy of Royal LePage Benchmark.

$375,000

3 Beds ⋅ 3 Baths ⋅ A2337527 MLS® #

THIS is what move-in ready looks like! Immaculate, air-conditioned and sun-filled, this stunning corner-unit townhome offers over 1,560 sq ft of thoughtfully designed living space in sought-after Rainbow Falls. Being on the corner means additional windows, more natural sunlight and the added benefit of not being sandwiched between two neighbouring units. Freshly painted walls, trim and bedroom ceilings throughout, along with updated modern LED lighting, showcase undeniable pride of ownership. And when we say move-in ready, we mean it! The home and carpets were professionally deep cleaned in 2026, furnace and ducts cleaned in 2025, and water and air filters throughout the home replaced in 2026 along with the combination smoke/CO detector. From cleaning and maintenance to thoughtful upgrades, the details have already been handled so you can simply unpack and enjoy. Inside, 9’ ceilings and an abundance of windows flood the main floor with natural light, complemented by well-maintained hardwood flooring. The well-appointed kitchen features quartz countertops, stainless steel appliances, ceiling-height cabinetry and a central island, flowing seamlessly into a spacious dining area and living room with direct access to the private balcony. The entry level adds functionality with a versatile third bedroom or enclosed den featuring dimmer lighting, extra under-stair storage, a large front entry and access to a standout double attached HEATED garage. Fully finished to paint level, the garage is a hobbyist’s dream with a newer central vacuum and extendable hose system, rafter shelving, bike hooks and an air compressor. Upstairs, the peaceful primary suite features a 4pc ensuite, while a generously sized second bedroom, full bath, upper-level laundry and flexible open den provide plenty of options for everyday living. All bedrooms feature dimmers to easily adjust the lighting. Outdoor living is just as easy with a large aggregate patio and spacious front porch, while the complex offers lower condo fees, a private-feeling inner courtyard with playground and ample additional visitor parking. Recent improvements include a new roof (April 2026) and freshly painted exterior main and garage doors (May 2026). Then there’s the Rainbow Falls lifestyle. Walking and cycling paths wind throughout the community and alongside the canal, connecting you to parks, green spaces and Chestermere’s extensive pathway system. Walk, cycle or paddleboard toward Chestermere Lake and enjoy its three public beaches, all while remaining close to schools, shopping, restaurants and amenities with an easy commute into Calgary. Meticulously cared for, thoughtfully upgraded and genuinely ready for its next owner — this is move-in ready done right.

111 Rainbow Falls Gate Unit 17, Chestermere

Courtesy of CIR Realty.

$399,900

2 Beds ⋅ 4 Baths ⋅ A2332835 MLS® #

Welcome to 320 Rainbow Falls Drive, a fully developed, AIR-CONDITIONED townhome with a FINISHED WALKOUT BASEMENT and DOUBLE DETACHED GARAGE. Offering over 2,000 sq ft of developed living space, this home features two spacious bedrooms, each with its own 4-piece ensuite, plus a full bathroom in the basement and a convenient half bath on the main floor. The main level has 9 ft ceilings and a bright, functional layout with a spacious living room and a southwest-facing kitchen and dining area. The kitchen includes stainless steel appliances, an island, pantry, and access to the balcony overlooking the backyard with NO NEIGHBOURS DIRECTLY BEHIND. Upstairs, both bedrooms offer excellent space and privacy, including a primary bedroom with a walk-in closet. The fully finished walkout basement adds a large rec room, full bathroom, spacious laundry room, and direct access to the backyard and double detached garage. Located across from green space and just steps from the Chestermere Business Park, this home is within walking distance of groceries, restaurants, pharmacy, schools, parks, pathways, and everyday amenities, with easy access in and out of Chestermere.

320 Rainbow Falls Drive, Chestermere

Courtesy of 2% Realty.

$429,900

2 Beds ⋅ 3 Baths ⋅ A2323614 MLS® #

End Unit | Backing onto Canal & Walking Path | Balcony with Unobstructed Views | Ground Level Concrete Patio with BBQ & Dining Area | Double Attached Garage | 1,550.63 SqFt | Ground Level Home Office | Modern Finishes | Central Kitchen | Sparkling Quartz Countertops | Full Height Cabinets | Kitchen Island & Peninsula with Barstool Seating | Abundant Natural Light | Wide Plank LVP Flooring | Open Floor Plan | Expansive Living Space | 2 Primary Bedrooms with Walk-in Closets & Ensuite Bathrooms | Upper Level Stacked Laundry | 3 Minutes to Chestermere Lake | Close to All Amenities. Welcome home to this stunning end-unit 3-storey townhome backing directly onto the canal & walking pathway with unobstructed water views from both the balcony & private ground level patio. Offering 1,550.63 SqFt of thoughtfully designed living space, this home combines modern finishes, functional living & an unbeatable location only minutes from Chestermere Lake. Step inside through the front foyer or double attached garage to the ground level where you'll find a bright home office with high ceilings, abundant natural light & mirrored closet storage. This flexible space is perfect for a work-from-home lifestyle, study area or overnight guests. Just outside the front entrance, the private concrete patio offers plenty of space for outdoor dining, relaxing & firing up the BBQ while enjoying the peaceful canal-side setting. Upstairs, the main living level is designed for entertaining with an open floor plan connecting the kitchen, dining & living rooms. Positioned at the heart of the home, the stunning kitchen features sparkling quartz countertops, full-height cabinetry, stainless steel appliances, a centre island with barstool seating & a peninsula with additional barstool seating, providing more casual seating than most townhomes. Whether preparing meals or entertaining friends & family, everyone has a place to gather. The dining area comfortably accommodates a full-sized table while remaining open to the spacious living room, making everyday living & entertaining effortless. Sliding glass doors lead to your private south-facing balcony where you'll enjoy unobstructed canal views & beautiful Alberta sunsets. A convenient 2pc bathroom completes this level. The upper level is finished with plush carpet flooring throughout the bedrooms & tile flooring in the bathrooms & laundry. Here you'll find 2 spacious primary bedrooms, each complete with its own walk-in closet & private 4pc ensuite bathroom, creating the ideal layout for roommates, guests or families wanting additional privacy. Stacked laundry is conveniently located between the bedrooms, making laundry day simple & efficient. Located just 3 minutes from Chestermere Lake & close to schools, parks, shopping, restaurants & everyday amenities, this beautiful townhome offers the perfect balance of lifestyle, comfort & convenience. This home checks all the boxes; Hurry & book your showing today!

111 Rainbow Falls Gate Unit 31, Chestermere

Courtesy of RE/MAX Crown.

$369,900

3 Beds ⋅ 3 Baths ⋅ A2323260 MLS® #

This immaculate end unit townhome offers a well designed living space in the highly sought after community of Rainbow Falls. Featuring 3 bedrooms, 2.5 bathrooms, a versatile den, central air conditioning and a double attached garage, pride of ownership is evident throughout. With fresh paint, 9 foot ceilings, gorgeous laminate flooring and large windows that bring in a ton of natural sunlight, this home is warm and inviting. The main level showcases a modern kitchen complete with quartz countertops, a tiled backsplash, stainless steel appliances, ceiling height cabinetry and a large centre island that overlooks the spacious dining area and large living room, with direct access to a private balcony with a BBQ gas line. Upstairs you will find an oversized primary retreat featuring a walk-in closet and a 4 piece ensuite. Two additional bedrooms, another 4 piece bath plus a convenient laundry area complete the upper floor. The entry level offers exceptional flexibility with a spacious office/flex room that could also serve as a fourth bedroom. A generous front foyer, additional storage and access to the double attached garage complete this level. Enjoy outdoor living with both a large lower patio and a spacious balcony off the main level. Additional highlights include low condo fees, ample visitor parking, a nearby playground, and recent updates including a new roof and freshly painted garage doors (2026). Ideally located close to schools, parks, walking paths, Chestermere Lake, shopping, restaurants, and offering easy access to major roadways, this exceptional home combines style, comfort, and convenience in one outstanding package.

111 Rainbow Falls Gate Unit 30, Chestermere

Courtesy of 2% Realty.

$439,900

2 Beds ⋅ 2 Baths ⋅ A2322080 MLS® #

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 back 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!

280 Rainbow Falls Drive, Chestermere

Courtesy of Real Broker.

$415,000

3 Beds ⋅ 2 Baths ⋅ A2320050 MLS® #

Here is an amazing opportunity in The Brownstones of Rainbow Falls, this beautiful well maintained complex is in a prime location in Chestermere, with Schools and Shopping and easy access in and out. This home offers room for the whole family, the main floor features a large living room and dining room combo a great space to gather and entertain. The fully appointed kitchen will inspire the chef in the family with tons of cupboard space and room to create. There is a large balacony of the kitchen to enjoy the sunny days and tons of room for family BBQ's, the main floor has a 2 piece bathroom for your convenience. Upstairs you will find a massive primary bedroom with a large walk in closet, two additional bedrooms and a 5 piece bathroom. The walkout basement is partially finished, vinyl flooring has been installed as well as some framing, but still room to make it your own, on this level you can access your double detached garage and there is concrete patio here for additional outdoor space, a great place for the little ones to play. The home has had some upgrades in the last couple of years including, Washer (1 year) and Dryer (4 months), Fridge and Dishwasher both replaced in the last 3 years, and hot water tank less than 1 year. This amenities rich community has it all and with some cosmetic touches this home will be a stunner, at this price there is tons of opportunity to gain some “sweat equity” and make the space your own!

233 Rainbow Falls Drive, Chestermere

Courtesy of CIR Realty.

$350,000

2 Beds ⋅ 3 Baths ⋅ A2317229 MLS® #

END UNIT | HEATED DOUBLE ATTACHED TANDEM GARAGE | EXTRA WINDOWS | HUGE ISLAND KITCHEN | UPPER LAUNDRY | 2 BEDROOMS PLUS A DEN | WALK TO SCHOOL | MINUTES TO THE LAKE! An end-unit setting, extra windows and a heated tandem garage come together in this thoughtfully designed townhome within Rainbow Falls. Attractive curb appeal welcomes you home while a heated double attached tandem garage adds everyday comfort. Flexible entry options allow access through the front door on the main level or through the garage level foyer, where additional storage helps keep seasonal items organized. Hardwood flooring carries through the kitchen and dining areas, while carpeting in the living room adds warmth and comfort underfoot. Gather with family and friends in the relaxing living room where extra windows draw in abundant natural light and create an airy atmosphere. Anchoring the open-concept layout, the thoughtfully designed kitchen showcases stainless steel appliances, extensive cabinetry and a massive island with breakfast bar seating that encourages casual conversation and effortless meal preparation. Just beyond, the dining area benefits from corner windows and connects directly to the balcony, making summer barbecues and morning coffee part of your daily routine. A convenient powder room completes the level. Upstairs, the primary retreat enjoys additional corner windows, dual closets and a private 4-piece ensuite for a true owner’s escape. Across the hall, a second bedroom accommodates family members, guests or roommates with ease. Another full 4-piece bathroom supports the upper level, while the open den supplies valuable flexibility for a home office, study area, reading nook or play space. Laundry facilities are thoughtfully positioned on the same floor as the bedrooms, reducing trips up and down stairs. Centrally located within the charming community of Rainbow Falls, this home places everyday amenities within easy reach. Children can walk to Rainbow Creek Elementary School in approximately 4 minutes, simplifying busy morning routines. Weekend adventures await just 5 minutes away at Chestermere Lake, where residents enjoy swimming, waterskiing, fishing, skating and lakeside gatherings throughout the year. Shopping, dining, entertainment and major retailers including Costco, Walmart, and Cineplex are conveniently available at East Hills Shopping Centre, only a 10-minute drive away. Combining functional living spaces, an end-unit setting and an exceptional location, this home delivers a lifestyle that balances comfort, convenience and connection to the outdoors.

124 Lavender Link, Chestermere

Courtesy of LPT Realty.

$319,900

2 Beds ⋅ 3 Baths ⋅ A2316017 MLS® #

Welcome to this beautifully maintained townhome in the heart of vibrant Chestermere, offering comfort, functionality, and exceptional value — perfect for first-time buyers, downsizers, or investors alike!This bright and inviting home features a modern layout with 2 spacious bedrooms, 2.5 bathrooms, and a thoughtfully designed floorplan ideal for everyday living. The main floor welcomes you with an open and functional living space highlighted by updated vinyl plank flooring, fresh modern tones, and large windows that fill the home with natural light.The stylish kitchen is equipped with quartz countertops, ample cabinetry, and generous prep space, seamlessly connecting to the dining and living areas — perfect for entertaining or relaxing with family. A convenient 2-piece bathroom and direct access to the cozy backyard complete the main level.Upstairs, you’ll find a spacious primary bedroom featuring a private 4-piece ensuite, along with a second well-sized bedroom and an additional versatile bonus/family room space — ideal for a home office, kids’ area, or media room.Enjoy the convenience of 2 parking stalls and a family-friendly setting with a shared playground located just outside the backyard, creating the perfect environment for families and outdoor enjoyment.Recent updates including the brand-new furnace system provide added peace of mind and long-term value.Located close to schools, parks, shopping, restaurants, walking pathways, and just minutes from beautiful Chestermere Lake, this home offers the perfect balance of small-town charm and city convenience with easy access to Calgary.This is an incredible opportunity to own a stylish and affordable home in one of Chestermere’s growing communities.Book your private showing today!

140 Cascades Pass, Chestermere

Courtesy of D Gees Realty Inc..

$469,990

3 Beds ⋅ 4 Baths ⋅ A2310075 MLS® #

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 opportunity.

288 Rainbow Falls Drive, Chestermere

Courtesy of Ko Realty Ltd..

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