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RAINBOW FALLS

116 Rainbow Falls Grove , Chestermere, AB

$675,000

Residential · MLS® A2294042
3Bedrooms
3Bathrooms
2,178Sq Ft
2Garage
2007Year Built
02 / Overview

PROPERTY OVERVIEW

Pride of ownership shines throughout this beautifully maintained, original-owner home in the highly sought-after community of Rainbow Falls, Chestermere. Ideally situated on a quiet street and just steps from scenic walking paths leading to Lake Chestermere, Lakeside Golf Club, and two nearby schools, this corner-lot property sits on an expansive 6,000+ sq. ft. lot. Recently painted and featuring newer appliances, the home welcomes you with an open-concept main floor designed for both comfort and functionality. A front den offers...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,178 sq ft
Lot Size6,512 sq ft
ZoningR-1
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached
ExteriorOther
BasementFull
Year Built2007
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$829After mortgage & expenses
Cap Rate5.9%Based on market rents
Cash on Cash Return7.4%With 20% down payment
Est. Monthly Rent$3,962Based 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 Kevin Chau · RE/MAX Real Estate (Mountain View)