209 Rainbow Falls Drive
Chestermere, AB T1X 0A7

Rainbow Falls Located in the South-West corner of Chestermere this development is bordered by the irrigation canal, Chesterview Estates and West Creek. This development has been designed to take advantage of the availability of water from the Western Irrigation canal. There is one large pond, a large waterfall, a smaller pond and a series of man-made creeks running through this development. There are two proposed school sites and it is my understanding that both the public and the separate boards will have new elementary schools for this area in 2008. (If this is important to you I would suggest that you confirm these facts with the school boards and to also get a time-line of when these schools will be operational.)

This development will feature a variety of home styles, and price ranges from $250,000 for a condo, to $800,000 for a waterfront executive home.  There is currently a showhome parade with  Jager Homes, Beattie Homes, and  Truman Homes. The parade can be found at Topaz Gate. The Brownstones is a townhouse condo development by Lionsworthe Homes. Truman Homes has developed a Villa-style community in this area as well.

New Condos in the Cascades are available in the $250,000's resale condos in the Brownstones are available from the $280,000's

Things to Love about this community:

• The water features
• New Homes available
• Lots of green space
• Easy access to the bike path and canal
• Public and Catholic elementary schools in this development with a middle school close by.
• More commercial planned.

Rainbow Falls Schools

Public Elementary Rainbow Creek Elementary

Separate Elementary Our Lady of Wisdom

Public Middle School Chestermere MIddle School

Separate Middle School St. Gabriel 

Public High School Chestermere HIgh School

Separate High School St. Gabriel