Chestermere Homes under $500,000

Chestermere Homes under $500,000

Welcome to Chestermere, Alberta—a charming city that perfectly blends the tranquility of lakeside living with the convenience of urban amenities. Nestled just a short drive from Calgary, Chestermere boasts a vibrant community atmosphere, stunning natural landscapes, and a wealth of recreational opportunities. The city is renowned for its picturesque lakeside parks, scenic walking trails, and a variety of water sports, making it an ideal destination for families and outdoor enthusiasts alike.

As you explore Chestermere, you’ll find a diverse selection of homes, many of which are available for under $500,000. This affordability makes it an attractive option for first-time homebuyers, young families, and even retirees looking to downsize while still enjoying the comforts of a well-connected community. With a mix of charming single-family homes, modern townhouses, and cozy bungalows, there’s something for everyone in this delightful city.

Chestermere’s strong sense of community is enhanced by local events, farmers' markets, and a range of recreational facilities, including sports complexes and playgrounds, ensuring that residents of all ages have access to fun and engaging activities. The city also offers excellent schools, shopping centers, and dining options, making it a convenient place to call home.

If you’re seeking an affordable, family-friendly environment with a beautiful backdrop and a welcoming community spirit, look no further than Chestermere. Discover your dream home today and embrace the lifestyle that this enchanting city has to offer!

Newest Chestermere Homes under $500,000

380 Marina Drive Unit 313, Chestermere
$339,900
2 Beds ⋅ 2 Baths ⋅ A2349369 MLS® #
2-BEDS, 2-BATHS TOP-FLOOR LAKE FRONT CONDO W/ DIRECT ACCESS TO CHESTERMERE’S LAKE PATHWAYS. Enjoy Chestermere Lake and its surrounding pathways right outside your door without the maintenance of a detached home. This top-floor unit features vaulted ceilings, large windows, two bedrooms, two bathrooms, two parking stalls, and a private deck overlooking the complex courtyard with views toward the lake. The main living area is filled with natural light, with the kitchen overlooking the dining and living spaces. The kitchen features oak cabinetry, black appliances, and a raised seating bar, while the spacious living room offers carpet flooring and a sliding glass door leading to the private deck. Complete with a BBQ gas line, the deck provides a convenient outdoor space for dining and entertaining while enjoying views across the courtyard and toward Chestermere Lake. The primary bedroom features a walkthrough closet leading to a 3-pc ensuite with a shower with built-in shelving, vanity with additional counter space, elongated toilet, and built-in medicine cabinet. The second bedroom also includes a walkthrough closet leading to the 4-pc main bathroom, which can be accessed from both the bedroom and main living area, allowing it to function as an ensuite-style bathroom for the second bedroom or a convenient guest bathroom. A stacked washer and dryer are located in a dedicated closet for easy access without taking away from the main living space. Residents have access to a workout room and meeting rooms, while the unit includes two parking stalls and a storage locker. One of the property's key advantages is its direct connection to Chestermere's lake pathways, with walking and cycling paths immediately beside the complex that follow the lake and connect to surrounding communities. Chestermere offers year-round recreation including boating, golf, parks, and community activities, with schools, childcare, the Chestermere Public Library, shopping, restaurants, cafés, and everyday services nearby. Safeway, Save-On-Foods, Sobeys, the Chestermere Regional Community Association, and major routes to Calgary are all within easy reach. *VISIT MULTIMEDIA LINK FOR FULL DETAILS INCLUDING A FLOORPLAN AND A VIRTUAL TOUR*

380 Marina Drive Unit 313, Chestermere

Courtesy of RE/MAX House of Real Estate.

124 Lavender Link, Chestermere
$350,000
2 Beds ⋅ 3 Baths ⋅ A2349488 MLS® #
BEST PRICED TOWNHOME WITH GARAGE IN CHESTERMERE | END UNIT | HEATED DOUBLE ATTACHED TANDEM GARAGE | EXTRA WINDOWS | HUGE ISLAND KITCHEN | UPPER LAUNDRY | 2 BEDROOMS PLUS A DEN | WALK TO SCHOOL | MINUTES TO THE LAKE! An end-unit setting, extra windows and a heated tandem garage come together in this thoughtfully designed townhome within Rainbow Falls. Attractive curb appeal welcomes you home while a heated double attached tandem garage adds everyday comfort. Flexible entry options allow access through the front door on the main level or through the garage level foyer, where additional storage helps keep seasonal items organized. Hardwood flooring carries through the kitchen and dining areas, while carpeting in the living room adds warmth and comfort underfoot. Gather with family and friends in the relaxing living room where extra windows draw in abundant natural light and create an airy atmosphere. Anchoring the open-concept layout, the thoughtfully designed kitchen showcases stainless steel appliances, extensive cabinetry and a massive island with breakfast bar seating that encourages casual conversation and effortless meal preparation. Just beyond, the dining area benefits from corner windows and connects directly to the balcony, making summer barbecues and morning coffee part of your daily routine. A convenient powder room completes the level. Upstairs, the primary retreat enjoys additional corner windows, dual closets and a private 4-piece ensuite for a true owner’s escape. Across the hall, a second bedroom accommodates family members, guests or roommates with ease. Another full 4-piece bathroom supports the upper level, while the open den supplies valuable flexibility for a home office, study area, reading nook or play space. Laundry facilities are thoughtfully positioned on the same floor as the bedrooms, reducing trips up and down stairs. Centrally located within the charming community of Rainbow Falls, this home places everyday amenities within easy reach. Children can walk to Rainbow Creek Elementary School in approximately 4 minutes, simplifying busy morning routines. Weekend adventures await just 5 minutes away at Chestermere Lake, where residents enjoy swimming, waterskiing, fishing, skating and lakeside gatherings throughout the year. Shopping, dining, entertainment and major retailers including Costco, Walmart, and Cineplex are conveniently available at East Hills Shopping Centre, only a 10-minute drive away. Combining functional living spaces, an end-unit setting and an exceptional location, this home delivers a lifestyle that balances comfort, convenience and connection to the outdoors.

124 Lavender Link, Chestermere

Courtesy of LPT Realty.

111 Rainbow Falls Gate Unit 30, Chestermere
$369,900
3 Beds ⋅ 3 Baths ⋅ A2349230 MLS® #
Room to spread out, space to work from home, and two outdoor areas to enjoy—this end-unit townhome in Rainbow Falls has plenty to offer. With three bedrooms, 2.5 bathrooms, central air conditioning and a double attached garage, it’s a comfortable, well-cared-for home with a practical layout. The main floor feels bright and open, with large windows, nine-foot ceilings, laminate flooring and fresh paint. In the kitchen, ceiling-height cabinets provide plenty of storage, while quartz counters, stainless steel appliances and a tiled backsplash give the space a clean, modern look. The centre island connects the kitchen to the dining and living areas, keeping everyone together whether you’re making dinner or having friends over. Step onto the balcony for some fresh air or fire up the barbecue using the gas hookup. Upstairs, the spacious primary bedroom has a walk-in closet and its own four-piece ensuite. Two more bedrooms and a second full bathroom offer room for family or guests, and laundry on the same floor makes everyday chores a little easier. On the entry level, a separate flex room gives you options for a home office, workout space or hobby room. Currently the space is used as a well appointed office. There’s also a roomy foyer, extra storage and direct access to the garage. The garage has been mudded and painted. Outside, the lower patio offers another spot to sit and unwind. Low condo fees, visitor parking and a nearby playground add to the appeal. Recent updates include a new roof and freshly painted garage doors in 2026. Windows are tinted for privacy. With schools, walking paths, parks, Chestermere Lake, shops and restaurants close by, plus convenient access to major roads, this home puts everyday essentials and weekend plans within easy reach.

111 Rainbow Falls Gate Unit 30, Chestermere

Courtesy of RE/MAX Complete Realty.

166 Waterford Road, Chestermere
$455,900
3 Beds ⋅ 3 Baths ⋅ A2346456 MLS® #
NO CONDO FEES | END-UNIT TOWNHOUSE | Almost 1,500 Sq. Ft. | Ready for Immediate Possession | Spacious Backyard | Paved Back Alley | Green Space at Rear | 3 Bedrooms | 9 Ft. Basement Ceiling | Front & Back Landscaping Included! Welcome to 166 Waterford Road - a MOVE-IN-READY, 2-STOREY END-UNIT TOWNHOUSE in the peaceful Lake City, community of Waterford. Offering almost 1,500 SQ. FT. of thoughtfully designed living space, this home provides the privacy of an end unit, NO CONDO FEES and a DECENT-SIZED BACKYARD - a valuable advantage over many homes with attached garages and limited outdoor space. The main floor offers a BRIGHT AND OPEN LAYOUT with FRONT AND BACK WINDOWS bringing in abundant natural light, along with a welcoming family room, spacious dining area and a functional U-SHAPED KITCHEN featuring TALL CABINETS, excellent storage and ALL KITCHEN APPLIANCES INCLUDED. Upstairs offers 3 bedrooms, including a comfortable primary retreat with a WALK-IN CLOSET and ENSUITE WITH STANDING SHOWER, along with the convenience of UPPER-FLOOR LAUNDRY. The unfinished basement features an UPGRADED 9 FT. CEILING and 2 WINDOWS, providing excellent future-development potential. BOTH FRONT AND BACK LANDSCAPING ARE INCLUDED, along with a rear concrete parking pad. The property backs onto a PAVED BACK ALLEY with GREEN SPACE BEYOND, creating a more open and less crowded setting. The list price includes GST, and qualified first-time buyers may be eligible to apply the NEW HOUSING GST REBATE upfront to reduce their purchase price. Enjoy an effortless commute to Calgary via easy access to Glenmore Trail and 17th Ave, while living just minutes from Rainbow Creek Elementary, Chestermere Lake Middle School, local groceries, popular restaurants and the lake! Disclaimer: Some photos are virtually edited to add sod (grass) for illustration purposes only.

166 Waterford Road, Chestermere

Courtesy of Century 21 Bravo Realty.

416 West Lakeview Drive, Chestermere
$475,000
3 Beds ⋅ 3 Baths ⋅ A2346755 MLS® #
OPEN HOUSE SUNDAY OCTOBER 4 12-2PM. Welcome to this immaculate townhouse in sought-after Dawson’s Landing, move-in ready and offering the polished feel of a home that is better than new! Bright, cheerful and thoughtfully designed, this beautifully maintained home features high ceilings, an open-concept main floor, stylish lighting and quality upgrades throughout. The heart of the home is the bright, contemporary kitchen, complete with quartz countertops, stainless steel appliances and a large island that provides plenty of space for meal preparation, casual dining and entertaining. The open layout flows effortlessly into the living and dining areas, creating a comfortable and welcoming space for everyday living. The inviting main level is filled with natural light and opens to a sunny, south-facing private backyard, perfect for summer entertaining, gardening or relaxing with friends. A gas BBQ hookup makes outdoor dining effortless, while the low-maintenance deck and established perennial garden add to the enjoyment of this exceptional outdoor space. Upstairs, three generous bedrooms, two full bathrooms and a convenient laundry room provide excellent functionality for families. The home also features a new garage, adding both convenience and valuable storage. Lovingly maintained and presented in pristine condition, this is a home you can simply move into and enjoy. Dawson’s Landing offers a desirable location with great neighbourhood schools, parks and a welcoming community atmosphere. With its attractive surroundings, family-friendly amenities and connected, low-maintenance lifestyle, this is an exceptional place to call home.

416 West Lakeview Drive, Chestermere

Courtesy of Real Estate Professionals Inc..

256 Rainbow Falls Drive, Chestermere
$429,000
4 Beds ⋅ 4 Baths ⋅ A2345713 MLS® #
Welcome to 256 Rainbow Falls Drive, a beautifully renovated townhome in the sought-after community of Rainbow Falls. Offering 1,419 sq. ft. of comfortable living space, this home features an open floor plan, four bedrooms, four bathrooms, a double detached garage, central air conditioning, and low-maintenance living.The main floor is bright and inviting, with oversized windows, 9 ft. ceilings, and an open-concept layout connecting the living room, dining area, and kitchen. The freshly renovated kitchen features a large island, corner pantry, stainless steel appliances, and plenty of functional space for everyday living and entertaining. A convenient 2-piece powder room is privately tucked away near the basement entrance.Upstairs, you’ll find a spacious primary suite flooded with natural light, complete with an oversized closet and private four piece ensuite, along with two generously sized bedrooms and a 4-piece bathroom. The recently finished basement adds even more living space with a fourth bedroom, recreation area, and full 3-piece bathroom. Central air conditioning provides added comfort throughout the warmer months.Outside, enjoy the west-facing patio and generous outdoor space, perfect for relaxing, entertaining, or enjoying the warmer months. The double detached garage comfortably accommodates two vehicles while still providing additional space for storage or a workbench.Ideally located across from Rainbow Falls Park, walking paths, and the community’s picturesque waterfalls, this home is also within walking distance of schools, playgrounds, restaurants, shopping, and the Chestermere Bike Park. A beautifully updated home offering exceptional space, everyday comfort, outdoor living, and a convenient Chestermere location.

256 Rainbow Falls Drive, Chestermere

Courtesy of Real Broker.

516 West Lakeview Drive, Chestermere
$499,000
3 Beds ⋅ 3 Baths ⋅ A2346197 MLS® #
WELCOME HOME! This amazing home is design forward and beautifully finished. Not to mention, this Chestermere half duplex is anything but ordinary! Thoughtfully updated with a creative eye for colour, texture and contrast, this home delivers the kind of finishings and atmosphere you rarely find at this price point. The main floor immediately sets the tone with a bright, open-concept layout and a striking designer kitchen featuring crisp white cabinetry, rich black lower cabinets, quartz countertops, full-height subway tile backsplash, stainless steel appliances and an oversized island that sets the tone. The result is charming yet highly functional, with plenty of room for everyday life. Throughout the home, design details create a truly individual feel, from the dramatic charcoal fireplace feature wall and sculptural pendant lighting to the warm wood tones, matte black accents, layered textures and carefully selected architectural and decorative elements. An abundance of windows keep the spaces bright and inviting. The dining area flows naturally into the living room, where the fireplace creates a cozy focal point. This is a home that feels intentional from room to room. Moving upstairs you will find 3 comfortable bedrooms and a practical family layout, including the primary perfect ensuite. An additional bathroom & convenient laundry room complete the upper level, while the unfinished basement provides a flexible space for future development, whether it is a rec room, home office, gym, additional bedroom space or whatever best suits your lifestyle. Outside, mature trees, fully fenced yard and a double parking pad provide all necessities. Located in desirable Chestermere, you're close to the lake, parks, schools, shopping and everyday amenities, with Calgary just a short drive away. If you're looking for a home with personality, not just four walls and builder finishes, this one delivers! Stylish, warm, creative and exceptionally well considered, it's a home that feels as good as it looks! Don't miss out!

516 West Lakeview Drive, Chestermere

Courtesy of eXp Realty.

381 Waterford Boulevard, Chestermere
$479,900
3 Beds ⋅ 3 Baths ⋅ A2334304 MLS® #
Welcome to this brand-new end-unit townhouse with No Condo Fees in the growing community of Waterford in Chestermere. This home features a functional layout suited to a variety of lifestyles. The main floor showcases an open-concept design, connecting the kitchen, dining area, and living room to create a practical space for everyday living and entertaining. As an end unit, the home benefits from additional windows that provide increased natural light throughout the main living areas. Upstairs, you will find three bedrooms, including a primary bedroom with a walk-in closet and private ensuite bathroom. Two additional bedrooms, a full bathroom, and the convenience of upper-floor laundry complete the upper level. The unfinished basement offers future development potential, subject to municipal approvals and permits where applicable. Exterior features include a treated wood deck, fully landscaped and fenced yard, and a detached double garage. Located in Waterford, residents enjoy convenient access to parks, pathways, schools, shopping amenities, and Chestermere Lake, with Calgary just a short commute away. The builder's DH $20K Limited Savings incentive has already been applied to the purchase price. First-Time Buyer Opportunity: Eligible purchasers may qualify for the First-Time Home Buyers’ GST Rebate, offering potential savings of up to $50,000 on a new home. Buyers must be 18 years or older, a Canadian citizen or permanent resident, and must not have owned or lived in a home owned by themselves or their spouse/common-law partner within the last four years. Homes placed under contract after May 27, 2025 may qualify. Terms and conditions are subject to Government of Canada and CRA rules and guidelines. Photos are representative of the same model and are provided for illustrative purposes only. Actual finishes, materials, colors, features, and specifications may vary from those shown. Call Today!

381 Waterford Boulevard, Chestermere

Courtesy of First Place Realty.

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