$2,700,000
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240187 Rainbow Road, Chestermere, AB T1X 0M8

This property represents a rare opportunity to capitalize on the shift toward luxury condominium living. With limited supply of new, high quality developments in the area, a well-designed project here has the potential to stand out as a signature address and achieve premium absorption rates. 1.) Prestigious Location Ideally situated in a sought-after neighbourhood with convenient access to major routes, shopping, dining, recreation, and transit. 2.) Strong Market Demand Increasing appetite for high end, lock-and-leave lifestyles makes this site ideal for boutique condos that attract professionals, downsizers, and investors. 3.) Design Potential Spacious site allows for an architecturally striking build with underground parking, luxury amenities, and premium finishes to command top market value. 4.) Lifestyle Appeal Close to green spaces, walking paths, and community amenities, this is the perfect setting for exclusive urban-style residences without sacrificing tranquility. Note: The owners are licensed associates in the province of Alberta and hold a personal ownership interest in the subject property.

  • MLS® A2280800
  • Date Listed01/21/2026
  • Days on Realty 135 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 1.81 acres (78,843 sq. ft)
  • Subdivision Rainbow Falls
  • Property Type Commercial Land
  • County Chestermere
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 1.81
  • Lot Size SQFT 78,843.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1X 0M8

Discover key demographics, population statistics, and environmental insights for the Chestermere, AB area.

Walkability in AB / T1X 0M8

Source: Walk Score

29/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

54/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 240187 Rainbow Road, Chestermere, AB T1X 0M8

Frequently Asked Questions for 240187 Rainbow Road

Source: Realty.com

240187 Rainbow Road, Chestermere, AB T1X 0M8 in Rainbow Falls, Chestermere, AB T1X 0M8 is a commercial land listed at $2,700,000. Highlights include 1.81 acre lot. Realty.ca has 5 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 5 photos of 240187 Rainbow Road.

The full address for this home is 240187 Rainbow Road, Chestermere, AB T1X 0M8.

240187 Rainbow Road has been listed on Realty.com since Wed January 21, 2026

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 31/100.

Listing provided courtesy of: RE/MAX Complete Realty (tel: 403-930-8555)
Listing agent: Roger Ledene (tel: 403-607-5811)

This content last refreshed on 2026-06-05 08:03:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.