• 240187 Rainbow Road, Chestermere, AB
  • 240187 Rainbow Road, Chestermere, AB
  • 240187 Rainbow Road, Chestermere, AB
  • 240187 Rainbow Road, Chestermere, AB
  • 240187 Rainbow Road, Chestermere, AB
  • 240187 Rainbow Road, Chestermere, AB

1.81 AC
Land
$2,700,000
Sale


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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. Note: The owners are licensed associates in the province of Alberta and hold a personal ownership interest in the subject property.


The Property
Asking Price$2,700,000
Available Space1.81 AC
MLS® IDA2280800
ZoningR-4
SourceCalgary

The Lot

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. Seize the chance to create an iconic residence in one of the area’s most desirable locations. This property presents a rare opportunity for developers to design and build a luxury condominium project tailored to today’s sophisticated buyer. Located within the Edgewater Area Structure Plan, the site is designated for high-density multi-family development, supporting from 72 units up to a discretionary use of up to 180 units. Ideal for a luxury condominium project or potential commercial use, this location combines visibility, accessibility, and natural beauty in one of the fastest-growing communities just outside Calgary. 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. Units on higher floors will have a view of the lake.

Property TypeLand
Lot Size1.81 AC
MLS® IDA2280800
ZoningR-4

The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™

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