Welcome to 292 Rainbow Creek Drive! A spacious 5-Bedroom Bi-Level in Prime Timberlea Location awaits. This well-maintained 5-bedroom bi-level home, ideally located in the heart of Timberlea along a main route, offers convenient access to site and city bus stops just steps from the front yard, with schools within easy walking distance.
The upper level features 2 bedrooms, including a primary suite with a private balcony and a 4-piece Jack & Jill bathroom. You’ll also find a bright and spacious kitchen with updated stainless steel appliances and a large walk-in pantry, a formal dining room, an eat-up breakfast area, and multiple living spaces—perfect for entertaining family and guests.
The fully developed basement includes 3 generously sized bedrooms, a rec room that can be used for the basement or closed off for the upstairs, a 3-piece bathroom, and a small kitchenette equipped with a stovetop, microwave, and sink—ideal for extended family, a nanny suite, or potential rental income. The basement also features in-floor heating for added comfort. There is laundry hookup in the utility room.
Outside, the backyard offers ample parking space accommodating 3–6 vehicles or even RV parking. The front yard is fully fenced along the sides, creating a secure and low-maintenance dog run complete with artificial turf.
Additional highlights include central air conditioning and recent interior painting.
This versatile property is perfect for families, investors, or anyone looking for extra space and income potential.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bi-Level
Total Living Area:
1,255 sq. ft.117 m2
Below Grade Finished Area:
1,155 sq. ft.107 m2
Acreage:
No
Lot Area:
3,542 sq. ft.329 m2
Lot Frontage:
0'0 m
Front Exposure:
North
Levels:
Bi-Level
Total Rooms Above Grade:
5
Year built:
2007
(Age: 19)
Bedrooms:
4
(Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
3
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
0621383
Heating:
In Floor, Forced Air
Basement:
Full, Finished, Separate/Exterior Entry, Walk Up
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Mixed, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
0
Garage:
No
Parking:
Alley Access, Parking Pad, RV Access/Parking
Parking Places:
4
Parking Total/Covered:
4 /
-
Laundry Features:
Laundry Room
Timberlea (Fort McMurray)
Central Air Conditioner, Dishwasher, Gas Stove, Refrigerator
none
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
15'1"4.60 m × 11'6"3.51 m
Main Floor
Family Room
13'9"4.19 m × 13'4"4.06 m
Main Floor
Dining Room
11'4"3.45 m × 7'11"2.41 m
Main Floor
Kitchen
13'9"4.19 m × 13'4"4.06 m
Main Floor
Bedroom - Primary
13'5"4.09 m × 10'3.05 m
Basement
Game Room
16'7"5.05 m × 15'10"4.83 m
Basement
Bedroom
9'10"3.00 m × 9'9"2.97 m
Basement
Bedroom
10'3"3.12 m × 9'10"3.00 m
Basement
Bedroom
10'3"3.12 m × 9'10"3.00 m
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
7'5" x 8'6"
Basement
No
3
6' x 9'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Pantry, Separate Entrance, Sump Pump(s)
Exterior Features:
Playground, Private Entrance, Private Yard
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Back Yard, Front Yard, Landscaped, Low Maintenance Landscape, Private, Rectangular Lot, Street Lighting
Data was last updated June 20, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
114
Avg list price:
$393,700
Min list price:
$119,900
Max list price:
$920,000
Avg days on market:
30
Min days on market:
2
Max days on market:
179
Avg price per sq.ft.:
$286.42
These statistics are generated based on the current listing's property type
and located in
Timberlea. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.