Rainbow Falls is 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 elementary schools in Rainbow Falls both the public and the separate boards opened new schools  in 2008.

 This development features a variety of home styles, and price ranges from $350,000 for a condo, to $1,000,000+for a waterfront executive home.  The builders here were Jager Homes, Beattie Homes, Reid Homes, Shane Homes and  Truman Homes.  The Brownstones is a townhouse condo development by Lionsworthe Homes. Truman Homes has developed a Villa-style community in this area as well.

Things to Love about this community:

The water features, the ponds,  and the canals running through the area.

• Single family, townhomes, and duplex homes available
• Lots of green space
• Easy access to the bike path. bike park and canal
• Public and Catholic elementary schools in this development with a middle school close by.
• Grocery, Liquor, Convenience Store, Car Wash, Gas Station, Pub, Ice Cream Shop, Dance School, Restaurants, Martial Arts, with more commercial coming.

Rainbow Falls Schools

Separate School St. Gabriel 7-12Public High School Chestermere High School

Public Elementary Rainbow Creek Elementary

Separate Elementary Our Lady of Wisdom