268 Rainbow Falls Way, Chestermere, AB T1X 0T1 (MLS # A2336303)

Save to Favorites
Print
Share
PRICE $999,900 dsIDX morgage calculator
BEDS 5
BATHS 3.5
HOME SIZE 2,393 sqft
LOT SIZE 5,663 sqft

**OPEN HOUSE THIS WEEKEND: SAT, AUGUST 15, 1 PM - 3 PM** LIKE-NEW, CANAL-FRONT HOME WITH A WALK-OUT ILLEGAL BASEMENT SUITE, SUNNY SOUTH BACKYARD & TRIPLE ATTACHED GARAGE IN CHESTERMERE. Backing directly onto a quiet canal w/ no neighbours behind, this exceptional home offers 5 bedrooms, 3.5 bathrooms, a fully developed walk-out illegal basement suite, triple attached garage w/ workshop space, elevator access to the basement, and 3 South-facing outdoor patios. The home welcomes you with a bright, modern interior featuring contemporary white finishes and durable hard-surface flooring throughout the above-grade living spaces. A spacious foyer opens naturally into the main level and above. The spacious living room is centred around a gas fireplace with stone surround and flows into the kitchen, complete w/ granite countertops, stainless steel appliances, gas cooktop, extensive cabinetry, and a walk-through pantry w/ direct access to the garage. The dining area overlooks the sunny South-facing backyard and canal. Sliding doors lead to a large rear deck w/ a gas BBQ line and uninterrupted views across the canal and fields beyond. A dedicated laundry room w/ side-by-side washer and dryer and built-in storage, plus a powder room. The main level also provides a full enclosed office for work-from-home days. Upstairs, 4 generously sized bedrooms are complemented by a large bonus room with its own fireplace. The private primary suite overlooks the canal and features a sunny South-facing balcony, a large walk-in closet, and a 4-pc ensuite, a drop-in soaker tub, a separate shower, and a private water closet. Three additional bedrooms share a full 4-pc bathroom w/ tub/shower combination. An elevator provides convenient access to the fully developed walk-out basement, configured as an illegal suite. Oversized windows bring abundant natural light into the lower level, which features a spacious recreation room overlooking the South-facing concrete patio and canal, and a full kitchen with granite countertops. The large bedroom features oversized windows overlooking the sunny South backyard and a full 4-pc bathroom. Walk-out access leads directly to the fully fenced backyard, complete with tiered garden areas and a dedicated pet area. The canal frontage and lack of rear neighbours create an exceptional sense of privacy. The triple attached garage offers excellent parking and storage, along with a dedicated workshop area for projects and equipment. Central air conditioning provides year-round comfort. Located in Chestermere, residents enjoy easy access to Chestermere Lake, parks, pathways, playgrounds, schools, shopping, restaurants, and everyday services. Highway 1 provides convenient access to Calgary while allowing you to enjoy the privacy and quieter setting of canal-front living.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 8/11/2026
TRACT Rainbow Falls YEAR BUILT 2014
GARAGE SPACES 3.0 COUNTY Chestermere
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Disposal, Dryer, Gas Range, Refrigerator, Tankless Water Heater, Washer, Water Softener
BASEMENT Exterior Entry, Finished, Full, Walk-Out Access, Yes
CONSTRUCTION Concrete, Frame, Vinyl Siding
EXTERIOR Awning(s), Balcony, Garden, Private Entrance
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Forced Air, Natural Gas
INTERIOR Breakfast Bar, Built-in Features, Elevator, Granite Counters, Kitchen Island, Pantry, Soaking Tub, Storage, Walk-In Closet(s)
LOT 5663 sq ft
LOT DESCRIPTION Landscaped, Rectangular Lot, See Remarks
PARKING Attached, Garage
STORIES 2
STYLE 2 Levels
SUBDIVISION Rainbow Falls
TAXES 5202.08
WATERFRONT DESCRIPTION Lake
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 268 RAINBOW FALLS WAY
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Doug, Marjorie & Kevin McKay to contact you even if your name is on a Federal or State "Do not call List".

Listed with RE/MAX House of Real Estate

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System.

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated 8/14/26 12:24 PM PDT

This IDX solution is (c) Diverse Solutions 2026.