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RAINBOW FALLS

248 Rainbow Falls Way , Chestermere, AB

$799,900

Residential · MLS® A2332909
4Bedrooms
3Bathrooms
1,512.31Sq Ft
2Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully maintained large bungalow where pride of ownership is evident throughout. Backing onto a peaceful scenic stream that leads toward Chestermere Lake, this home offers a rare combination of tranquility, space, and convenience. Featuring 4 bedrooms, over 2,900 sq ft of space between the main floor and basement, and an open-concept layout, the home is filled with natural light and showcases stunning vaulted ceilings, granite countertops, a beautiful wide curved staircase, and spacious living areas perfect for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,512.31 sq ft
Lot Size5,493 sq ft
ZoningR-1
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached • Driveway
ExteriorBalcony • Garden
BasementFull
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$773After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-5.8%With 20% down payment
Est. Monthly Rent$2,847Based 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 Cathy Tran · The Real Estate District