Chestermere Homes Under $500K | Affordable Houses for Sale Chestermere Homes Under $500K

Discover a range of Chestermere homes under $500K, offering excellent value for first-time buyers, families, and those seeking affordable housing near Calgary. Chestermere is a vibrant lakeside community with homes that combine affordability and quality.

Explore Chestermere houses under $500,000, featuring modern designs and spacious layouts perfect for growing families. Many homes in this price range include large yards, garages, and proximity to schools, making them ideal for family living.

If you’re looking for recreation, consider affordable lake-access homes in Chestermere under $500,000. Enjoy the benefits of lakeside living, including water activities and scenic views, while staying within budget.

For those wanting a fresh start, check out new construction homes in Chestermere under $500K. These modern builds feature energy-efficient upgrades, open floor plans, and contemporary finishes designed for comfort and convenience.

Start your search today and find the perfect affordable home in Chestermere. Whether you’re buying your first home or looking for a budget-friendly option, Chestermere offers a variety of properties to suit your needs.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

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132 lavendar Link
Rainbow Falls Chestermere T1X 0E6

$405,000
Residential beds: 2 baths: 3.0 1,430 sq. ft. built: 2008

Main Photo: 132 lavendar Link: Chestermere Row/Townhouse for sale : MLS®# A2259899
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2259899
Bedrooms:
2
Bathrooms:
3
Year Built:
2008
Do you dream of living in a modern townhouse, with HEATED double car garage, be just blocks to schools, shopping, even a bike park, with luxurious new carpet and a great kitchen AND still be able to afford it? This is your NEW HOME. The heart of home, the kitchen, has an immense central island, ideal for your family to gather around. Upgraded appliances (space saving microwave hoodfan combo, easy to clean glass top stove, and french style fridge with TWO ice makers). Rich dark cabinetry, glass tile backsplash, and oodles of cabinets will ensure you relish your time here. The party can flow towards the front, into the living room, or toward the rear, all adorned with REAL maple hardwood floors, and onto the small balcony. The balcony hosts the CENTRAL AIR CONDITIONER, ensuring you keep cool and comfortable. Upstairs you'll find a den that could be converted into a THIRD bedroom, should the need arise, to join the existing 2 other bedrooms. One being the master retreat, complete with his / her closets, and a 5 piece decadent ensuite with large soaker tub, seperate shower, and dual sinks. The upstairs laundry is a godsend, no more carrying up/down. All of the carpet is NEW (August 2025). Central vac to help with easy cleaning. Likely the MOST convenient location in Chestermere. Kids walk 500 feet to an elementary school. Circle K, gas, several restaurants, and pharmacy are 300 feet away. An amazing bike park is 500 feet away. Larger shopping at No-Frills is 1/2 a kilometer; ultimate shopping is under 4 miles to East Hills (Walmart, Costco + more). Picturesque Rainbow Falls is a short walk, where you can then stroll along the pathway system for MILES that connect all of west Chestermere. The condo lifestyle enables you to ENJOY your life, rather than be a slave to yardwork and shoveling snow. Tons of upgrades, great location, AIR CONDITIONING. Where else can you get affordable luxury like this. Call today for your viewing.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
3 (or more) Storey
Total Living Area:
1,430 sq. ft.
Main Level Finished Area:
691 sq. ft.
Upper Level Finished Area:
740 sq. ft.
Condo Fee:
$334.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Reserve Fund Contributions, Trash
Front Exposure:
North
Entry Level:
2
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2008 (Age: 17)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0810716
Heating:
High Efficiency, Forced Air
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Composite Siding, Mixed, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit, Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Rainbow Falls
Visitor Parking
Central Air Conditioner, Dishwasher, Garage Control(s), Microwave Hood Fan, Oven, Refrigerator, Washer/Dryer Stacked, Window Coverings
N/A
Condo/Strata Approval
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
16'4" × 12'7"
Main Floor
Kitchen
12'3" × 11'4"
Main Floor
Dining Room
13'3" × 12'2"
Upper Level
Bedroom - Primary
14'1" × 11'11"
Upper Level
Bedroom
13'8" × 9'
Upper Level
Den
10'1" × 6'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Upper Level
Yes
5
Upper Level
No
4
Title to Land:
Fee Simple
Community Features:
Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Kitchen Island, Open Floorplan, Vinyl Windows
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Lot Features:
Other
Num. of Parcels:
0
Fencing:
None
Region:
Chestermere
Zoning:
R-3
Listed Date:
Sep 25, 2025
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Virtual Tour

Listed by MaxWell Experts Plus Realty
Data was last updated September 27, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
275
Avg list price:
$698,700
Min list price:
$249,900
Max list price:
$4,405,500
Avg days on market:
43
Min days on market:
1
Max days on market:
219
Avg price per sq.ft.:
$354.17
These statistics are generated based on the current listing's property type and located in Chestermere. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.