01 / Property Detail

RAINBOW FALLS

59, 111 Rainbow Falls Gate , Chestermere, AB

$409,900

Residential · MLS® A2289751
2Bedrooms
3Bathrooms
1,517.91Sq Ft
2Garage
2016Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to a beautifully upgraded FORMER TRUMAN SHOW HOME with a DOUBLE ATTACHED GARAGE and a smart, functional 3-storey design in one of Chestermere’s most convenient locations. Situated on the exterior of the complex for added privacy and extra street parking, this MOVE-IN READY home is thoughtfully upgraded throughout. The main floor offers a versatile DEN/OFFICE with added built-in shelving, under-stair storage, an upgraded half bath vanity, and a modern LED fan/light combo — perfect for working from home.

The bright...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,517.91 sq ft
Lot Size1 sq ft
ZoningDC (R-3)
HeatingCentral • Natural Gas
CoolingNone
ParkingCovered • Double Garage Attached • Garage Door Opener • Garage Faces Rear • Heated Garage • Insulated • Owned • Side By Side
ExteriorBalcony • BBQ gas line • Lighting • Playground
BasementNone
Year Built2016
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$532After mortgage & expenses
Cap Rate6.0%Based on market rents
Cash on Cash Return7.8%With 20% down payment
Est. Monthly Rent$2,756Based 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
Avg Home PriceN/A
Active ListingsN/A

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Listed by Ahmed Attia · URBAN-REALTY.ca