240187 Rainbow RD
Chestermere, AB T1X 0M8

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.