RAINBOW FALLS

280 Rainbow Falls Drive , Chestermere, AB

$439,900

Residential · MLS® A2322080

2Bedrooms

2Bathrooms

1,443.21Sq Ft

2Garage

2007Year Built

02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully updated townhome in the sought after community of Rainbow Falls in Chestermere; offering over 1,400 square feet of open concept, above grade living space designed for comfort and functionality. The main level showcases brand new luxury vinyl plank flooring and fresh paint throughout, creating a bright, modern atmosphere from the moment you step inside. The kitchen is a standout feature, complete with granite countertops, stainless steel appliances, and a gas stove that's perfect for both everyday...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeFive Plus

Total Finished Area1,443.21 sq ft

ZoningR-3

HeatingForced Air • Natural Gas

CoolingNone

ParkingAlley Access • Double Garage Detached • Garage Door Opener • Garage Faces Rear • On Street

ExteriorLighting

BasementFull

Year Built2007

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$192After mortgage & expenses

Cap Rate5.0%Based on market rents

Cash on Cash Return2.6%With 20% down payment

Est. Monthly Rent$2,626Based 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 Alexandru Popa · Real Broker