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240187 Rainbow Rd 1.81 Acres of Commercial Land Offered at $2,700,000 CAD in Chestermere, AB T1X 0M8



EXECUTIVE SUMMARY
An exceptional opportunity to acquire a 1.85-acre development site. Located on Rainbow Road—one of Chestermere’s key collector routes. This rare parcel features 258 feet of frontage onto an environmental reserve and canal, offering scenic mountain views and a natural backdrop that enhances its development appeal.
PROPERTY FACTS
| Price | $2,700,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.81 AC |
| Price | $2,700,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.81 AC |
1 LOT AVAILABLE
Lot
| Price | $2,700,000 CAD | Lot Size | 1.81 AC |
| Price Per AC | $1,491,712.71 CAD |
| Price | $2,700,000 CAD |
| Price Per AC | $1,491,712.71 CAD |
| Lot Size | 1.81 AC |
Prime 1.85-Acre Development Parcel on Rainbow Road – Chestermere.
DESCRIPTION
This site is designated for high-density multi-family development, supporting from 72 units or 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.
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240187 Rainbow Rd
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