Active

RAINBOW FALLS

408 Rainbow Falls Way , Chestermere, AB

$724,900

Residential · MLS® A2269868
4Bedrooms
4Bathrooms
2,019.43Sq Ft
2Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Rainbow Falls, Chestermere. This well-kept two-storey backs directly onto the scenic pathways—perfect for evening walks or weekend rides. The main floor features an inviting open layout with a cozy gas fireplace, a functional kitchen with plenty of cabinetry, and bright dining and living spaces that feel warm and connected. Upstairs offers three comfortable bedrooms, including a spacious primary suite with a large ensuite and walk-in closet, plus a versatile bonus room ideal for relaxing, gaming, or family movie...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,019.43 sq ft
Lot Size5,539 sq ft
ZoningR-1
HeatingCentral
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorNone • Other
BasementFull
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$395After mortgage & expenses
Cap Rate5.1%Based on market rents
Cash on Cash Return3.3%With 20% down payment
Est. Monthly Rent$3,734Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RAINBOW FALLS

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Investment ScoreN/A
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Listed by Ria Mavrikos · RE/MAX Key