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RAINBOW FALLS
17, 111 Rainbow Falls Gate , Chestermere, AB
$425,000
Residential · MLS® A23205473Bedrooms
3Bathrooms
1,560.41Sq Ft
2Garage
2016Year Built
02 / Overview
PROPERTY OVERVIEW
Immaculate, air-conditioned, and sun-filled, this stunning corner-unit townhome offers over 1,560 sq ft of thoughtfully designed living space in the highly sought-after community of Rainbow Falls. Showcasing undeniable pride of ownership with freshly painted walls, trim, and bedroom ceilings throughout, the move-in-ready home boasts 9ft ceilings and an abundance of windows that flood the main floor with natural light, beautifully complemented by newly updated modern light fixtures with LED lighting. At the heart of the home is a well-appointed kitchen...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area1,560.41 sq ft
ZoningDirect Control
HeatingForced Air
CoolingCentral Air
ParkingAlley Access • Double Garage Attached • Garage Faces Rear • Side By Side
ExteriorBalcony • Playground
BasementNone
Year Built2016
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$540After mortgage & expenses
Cap Rate6.0%Based on market rents
Cash on Cash Return7.6%With 20% down payment
Est. Monthly Rent$2,881Based on comparable rentals
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05 / Location
RAINBOW FALLS
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Listed by Niki McCracken · CIR Realty