Active
RAINBOW FALLS
392 Rainbow Falls Way , Chestermere, AB
$959,000
Residential · MLS® A22931514Bedrooms
4Bathrooms
2,286.48Sq Ft
4Garage
2004Year Built
02 / Overview
PROPERTY OVERVIEW
OPEN HOUSE Sat. Mar. 14 12:00-2:00 ---Luxury canal-front living with a private backyard resort in Rainbow Falls. Tucked away on a quiet street and backing directly onto the scenic canal pathways, this beautifully maintained original-owner home offers a lifestyle that is rarely available in Chestermere.
The south-facing backyard is a true retreat, featuring a low maintenance, heated outdoor pool (16x30) with a hard locking safety cover, hot tub, expansive patio, sunroom, fenced dog run, and large side yard — all...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,286.48 sq ft
Lot Size6,002 sq ft
ZoningR1
HeatingForced Air
CoolingCentral Air
Parking220 Volt Wiring • Garage Door Opener • Heated Garage • Insulated • Quad or More Attached • Tandem • Workshop in Garage
ExteriorDog Run • Other • Private Yard
BasementFull
Year Built2004
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$179After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.1%With 20% down payment
Est. Monthly Rent$4,201Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RAINBOW FALLS
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Listed by Stacey Page · RE/MAX Key