What is the list price of this property?

The list price of this property is $2,700,000USD.

How many bedrooms and bathrooms does the property have?

This property has 2.5 bathrooms.

What type of property is this?

This property is classified as Lots and Land.

What appliances and major systems are included?

Included appliances and major systems are .

Who is the listing agent, and how can they be contacted?

The listing agent is Doug, Kevin & Marjorie McKay and can be contacted at 000-403-207-1776 or marjoriemckay@live.ca.

240187 Rainbow RD, Chestermere, AB T1X 0M8 | MLS# A2261473 By Doug, Kevin & Marjorie McKay (Listed by Doug, Kevin & Marjorie McKay at RE/MAX Real Estate Mountain View)

Excellent Development Potential

Prime Development Opportunity Be Your Own Landlord Exceptional Commercial Potential Rare opportunity to secure a highly visible property with outstanding future potential. Offering 4,000 sq. ft. of interior space ready for renovation plus 1.8 acres of land for additional development, this site provides flexibility for a wide range of business uses. Located along 600 ft. of frontage on Rainbow Road, a major collector route connecting Chestermere to Highway 1A, the TransCanada Highway, Glenmore Trail, Stoney Trail, and Deerfoot Trail, this property offers excellent exposure and convenient access for clients and staff. Ideal for numerous commercial concepts, including: Daycare or kindergarten Animal care or veterinary facility Medical, dental, or wellness building Currently zoned highdensity residential, with owners willing to support an application for commercial rezoning. A strategic location with strong traffic flow and significant development potentialperfect for an owneroperator or investor looking to build longterm value.

More Details ...

Prime Development Opportunity – Luxury Condominium Site

An exceptional chance to create a landmark project in one of the area’s most desirable locations. This property offers the perfect canvas for a luxury condominium development designed to meet the growing demand for upscale, maintenance-free living. Residents will enjoy a city and mountain view overlooking the canal and bike path.

Key Highlights:

Prestigious Location – Ideally situated in a sought-after neighbourhood with convenient access to major routes, shopping, dining, recreation, and transit.
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.
Design Potential – Spacious site allows for an architecturally striking build with underground parking, luxury amenities, and premium finishes to command top market value.
Lifestyle Appeal – Close to green spaces, walking paths, and community amenities, this is the perfect setting for exclusive urban-style residences without sacrificing tranquility.

Investment Advantage:
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.

Chestermere residents aged 55 and above.

Age Group	Male	Female	Total
55-59	600	550	1150
60-64	550	500	1050
65-69	450	400	850
70-74	400	350	750
75+	300	250	550
Grand Total	2300	2050	4350

In nearby Rockview County there are 22,600 residents over 55. The City of Calgary is just 5 minutes away, with many mature residents needing an upscale condo lifestyle.

This property is located at 240187 Rainbow RD, Chestermere, AB T1X 0M8

https://chestermererealestate.com/luxury-condominium-site

240187 Rainbow RD

Chestermere, AB T1X 0M8

Excellent Development Potential

Property Overview

Highlights

Presented by:

Doug, Kevin & Marjorie McKay

RE/MAX Real Estate Mountain View

Listed by: Roger Ledene 403-607-5811 RE/MAX COMPLETE

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