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. 1.) Prestigious Location– Ideally situated in a sought-after neighbourhood with convenient access to major routes, shopping, dining, recreation, and transit. 2.) 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. 3.) Design Potential– Spacious site allows for an architecturally striking build with underground parking, luxury amenities, and premium finishes to command top market value. 4.) Lifestyle Appeal– Close to green spaces, walking paths, and community amenities, this is the perfect setting for exclusive urban-style residences without sacrificing tranquility.
Address
240187 Rainbow Road
List Price
$3,100,000
Property Type
Land
Type of Dwelling
Commercial Land
Transaction Type
Sale
Area
Chestermere
Sub-Area
Rainbow Falls
Lot Size
78843 Ac.
MLS® Number
A2261473
Listing Brokerage
RE/MAX Complete Realty
Postal Code
T1X 0M8
Zoning
R-4