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Chestermere Condo Guide

A lake city on Calgary's eastern edge — public beaches, boating and a small, mostly townhouse condo market.

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$267,600Apartment benchmark price · Sep 2026
70Walk Score in the Town Centre
17 kmTo Downtown Calgary, straight line
7% lowerResidential tax rate vs Calgary (2026)

Chestermere's townhouse condo benchmark price was $370,100 in September 2026, $42,300 below Calgary's $412,400, and its apartment benchmark was $267,600, according to CREB®. Chestermere's condo market is small — about 800 households lived in condos at the 2021 census — and centred on the Town Centre along Marina Drive. Buyers trade a car-dependent commute for lake access and a 2026 residential tax rate about 7% lower than Calgary's.

Overview

Condos in Chestermere

Chestermere is a separate city of 32,255 people (2025 municipal census) that wraps around Chestermere Lake on Calgary's eastern boundary, about 16 km east of Downtown Calgary in a straight line. It became a city on January 1, 2015, and is growing fast: the City's census counted 15% more residents in 2025 than in 2024.

Most homes are single-detached houses — 5,400 of 6,730 occupied dwellings at the 2021 census, with 610 row houses and 200 low-rise apartments — and about 800 households (12%) lived in condominiums. Condos cluster in the Town Centre along Marina Drive near City Hall and Chestermere Station, in West Creek and Lakeside Greens, in Rainbow Falls and in Kinniburgh.

MunicipalityCity of Chestermere
Population32,255 (2025 municipal census)
Main condo areasTown Centre (Marina Drive), West Creek & Lakeside Greens, Rainbow Falls, Kinniburgh
Transit to CalgaryCalgary Transit MAX Purple (Route 307): two weekday trips each way at peak times
CTrainNone; MAX Purple runs to Downtown Calgary along 17 Avenue SE
Condo Market · September 2026

Chestermere Condo Prices

CREB® reports Chestermere's apartment and townhouse markets separately each month. The benchmark price (MLS® Home Price Index) tracks a typical home and is steadier than monthly averages, which matters here: only 2 apartment and 9 townhouse sales closed in September.

$267,600

Apartment benchmark price

$370,100

Townhouse (row) benchmark price

11

Apartment sales, Jan–Sep
↓ 21.4% YoY

61

Townhouse sales, Jan–Sep
↓ 41.9% YoY

Source: CREB® (Calgary Real Estate Board), September 2026: Housing Data Map (Chestermere and City of Calgary, apartment and row) and the Regional monthly statistics package. Sales changes compare January to September with the same months last year. CREB does not publish a current-month year-over-year change for town apartments or townhouses.

Prices

Chestermere vs. Calgary condo benchmark prices

In September 2026, Chestermere's apartment benchmark was $23,800 below Calgary's ($291,400), and its townhouse benchmark $42,300 below Calgary's ($412,400).

ChestermereCity of Calgary
View as table
MeasureChestermereCity of Calgary
Apartment benchmark price$267,600$291,400
Townhouse (row) benchmark price$370,100$412,400
Walkability

Walk Score by condo area

Point scores at a sample condo address in each area from walkscore.com (Chestermere citywide: Walk Score 26), with Downtown Calgary for comparison.

Where the Condos Are

Chestermere Condo Areas

Most of Chestermere is car-oriented (Walk Score 26 citywide). The Town Centre along Marina Drive is the one walkable condo pocket; the other condo areas are townhouse complexes in the newer west and south neighbourhoods.

Town Centre & Westmere

Walk Score 70

Condos: Apartment and mixed-use condo buildings along Marina Drive (300, 371, 380 and 390 Marina Drive), zoned Direct Control – Town Centre Commercial, plus multi-unit housing in Westmere.

Chestermere's civic and shopping centre on the northwest shore of the lake, around City Hall and Chestermere Station, and the only condo area with a Walk Score above 50.

Nearby: City Hall and the library, Chestermere Station shops (Sobeys, Safeway, Shoppers Drug Mart), Oasis Medical Centre, the Recreation Centre, John Peake Park and boat launch, Anniversary Park & Beach, and a MAX Purple stop.

West Creek & Lakeside Greens

Walk Score 48

Condos: Low-rise apartment and townhouse complexes, such as 200 West Creek Springs and Lakeside Greens Court.

West-side neighbourhoods around the Lakeside Greens golf course, on the MAX Purple route.

Nearby: Lakeside Greens Golf Course, Chestermere Plaza and the West Creek shops, a skate park and bike park, and MAX Purple stops on West Creek Boulevard and Merganser Drive.

Rainbow Falls

Walk Score 28

Condos: Townhouse complexes, such as Rainbow Falls Manor and Rainbow Falls Gate, in one of the city's largest clusters of multi-unit zoning.

A newer neighbourhood in southwest Chestermere, south of West Creek.

Nearby: No Frills on Rainbow Road, the Rainbow Falls water feature, the Rainbow Loop and Rainbow Pond trails, and the bike park on West Creek Drive.

Kinniburgh

Walk Score 19

Condos: Townhouse complexes under direct-control multi-unit zoning, such as 248 Kinniburgh Boulevard (units numbered 1 to 83).

A newer community on the southeast side of the lake.

Nearby: The Kinniburgh and East Lake trails, new retail on Kinniburgh Boulevard, and lake access at Sunset Park and the Calgary Yacht Club on East Chestermere Drive.

Approximate area centres · Map data © OpenStreetMap contributors

Getting to Calgary

Commute & Transit

Chestermere has no local bus system yet. Its only scheduled link to Calgary is a Calgary Transit pilot, running since August 30, 2021:

  • MAX Purple (Route 307) Chestermere trips: two in the morning and two in the afternoon on weekdays, with twelve stops on the west side of the lake
  • The route continues past East Hills along 17 Avenue SE through Forest Lawn and Inglewood to Downtown Calgary
  • Calgary Transit fares apply: $4.00 adult single ride, $12.65 day pass, $126.00 adult monthly pass (2026)
  • On September 1, 2026, Council extended MAX Purple to Chestermere until June 20, 2027, and endorsed an hourly Calgary Transit–operated fixed-route and on-demand service as its preferred model; no start date has been set
  • Rocky View Handi Bus provides accessible trips for people unable to use regular transit

Driving

Downtown Calgary is about 16 km west in a straight line, via Chestermere Boulevard/17 Avenue SE (formerly Highway 1A) or the Trans-Canada Highway (Highway 1). Peak-hour driving times vary.

No CTrain (yet)

Chestermere has no CTrain or rapid transit. The nearest CTrain stations are on the Blue Line in northeast Calgary (Marlborough, Rundle and Franklin), about 9–12 km away in a straight line. The City's transportation plans protect room for future transit lanes on Chestermere Boulevard, but none are funded.

See Calgary's CTrain map →
Property Tax

Chestermere vs. Calgary Property Tax

2026 residential ratePer $1,000 of assessmentOn a $300,000 condo (approx.)
City of Chestermere$6.1817$1,855
City of Calgary$6.6499$1,995

Chestermere 2026 residential rate (Bylaw 022-26): municipal $3.5730684 plus provincial education $2.608613 per $1,000. Calgary's 2026 rate ($6.6499) is from Bylaw 9M2026. Illustration only: your bill depends on your unit's assessed value.

Lifestyle

Living in Chestermere

Chestermere Lake

The lake at the centre of the city began as an irrigation balancing pool and is now used for watersports; it is home to the Calgary Yacht Club.

Public beaches

Anniversary Park & Beach (sand beach and lakeside promenade), Cove Park & Beach and Sunset Park, popular with paddleboarders and windsurfers. The City tests beach water weekly with Alberta Health Services; there are no lifeguards.

John Peake Park

The lakeside park beside City Hall with the public boat launch and an off-leash dog park.

Lakeside Greens Golf Course

An 18-hole course in west Chestermere, at 555 Lakeside Greens Drive, next to the West Creek neighbourhood.

Lake trails

Seven named walking and cycling trails, including the East Lake and West Lake trails, Westmere Loop, Rainbow Loop and Kinniburgh Trail.

Festivals

The Chestermere Water Festival and the Winter Festival, two of the city's annual community events.

What to watch for in Chestermere

  • Car dependence: Chestermere's citywide Walk Score is 26. The Town Centre (70 at 300 Marina Drive) is the walkable condo area; Rainbow Falls scores 28 and Kinniburgh 19.
  • Very limited transit: MAX Purple runs only two weekday trips each way, and the pilot is extended only to June 20, 2027. A new hourly local and on-demand service has been endorsed but not launched — check the status before relying on transit.
  • Road-dependent commute: driving to Calgary means Chestermere Boulevard/17 Avenue SE or Highway 1, and there is no CTrain or funded rapid transit.
  • An irrigation lake: Chestermere Lake is operated for irrigation, and the Western Irrigation District lowers it to its winter level each fall (from October 13 in 2026). Lakefront views and boating are seasonal.
  • A small condo market: only about 800 households lived in condos in 2021, and 80% of homes were single-detached, so sales are few and prices swing. Compare recent sales in the specific complex and review the reserve fund study.

Before you buy

Review the building's condo documents, reserve fund and bylaws before you firm up — see our condo document review guide, and run the numbers with our condo calculators.

Looking for a condo in Chestermere? See the 24 condos for sale there now, with photos, condo fees and room sizes.

Chestermere condos for sale →
FAQ

Chestermere Condo Questions

How much do condos cost in Chestermere?
In September 2026, CREB®'s benchmark price for an apartment condo in Chestermere was $267,600, and $370,100 for a townhouse, compared with $291,400 and $412,400 in the City of Calgary. There were 2 apartment and 9 townhouse sales that month, so the benchmark (MLS® Home Price Index) is a steadier guide than the month's average. Chestermere's condo market is small: about 800 households lived in condos at the 2021 census, mostly in townhouse complexes.
Are property taxes lower in Chestermere than in Calgary?
Yes. Chestermere's 2026 residential tax rate is $6.1816814 per $1,000 of assessed value (Bylaw 022-26: municipal $3.5730684 plus provincial education $2.608613), compared with $6.6499 in the City of Calgary (Bylaw 9M2026) — about 7% lower. On a $300,000 condo that's roughly $1,855 a year versus $1,995.
Is there a CTrain in Chestermere?
No. Calgary Transit's MAX Purple (Route 307) extends to Chestermere with two weekday trips each way at peak times, running to Downtown Calgary along 17 Avenue SE. Council has endorsed a future hourly fixed-route and on-demand service operated by Calgary Transit, but no start date has been set.
Where are the condos in Chestermere?
Mostly in the Town Centre along Marina Drive near City Hall and Chestermere Station (Walk Score 70 at 300 Marina Drive), in West Creek and Lakeside Greens, in Rainbow Falls and in Kinniburgh. Most Chestermere homes are single-detached; condos were about 12% of households in 2021.
Is Chestermere part of Calgary?
No. Chestermere is a separate city, incorporated as a city on January 1, 2015, with its own council, bylaws and tax rates. It borders Calgary's east side, and Downtown Calgary is about 16 km west in a straight line.
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