$1,545,000
152 Lake Mead Crescent SE
6 BD3 BA2,451 SF
CalgaryCommunitiesLake Bonavista
CalgaryLAKE BONAVISTA
Southeast lake community with man-made waterways, recreation, and established character
11Active Listings
$531KAvg. Price
61Investment Score
$1,875/moRental Rate
Investment Analysis
INVESTMENT SCORE
61/ 100
ModerateBalanced investment profile with room for growth. Consider specific property opportunities.
4 / 14
Market Liquidity
Transaction volume and market liquidity indicators
0 / 0
Growth & Appreciation
Historical appreciation and future growth trajectory
3 / 13
Income Potential
Rental yield and cash flow opportunities
12 / 16
Location Value
Proximity to amenities, transit, and employment centers
6 / 15
Risk & Regulatory
Price volatility, demand consistency, and regulatory factors
3 / 10
Accessibility
Entry point accessibility and market barriers
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Why Invest Here
COMMUNITY HIGHLIGHTS
Two man-made lakes offering recreation: fishing, swimming, boating, skating
Canada's first lake-built community (1967) with established mature character
Year-round recreation opportunities including waterfront activities
35-foot hill with waterfall providing distinctive topography
Close proximity to Fish Creek Provincial Park (100+ km of trails)
Most homes built pre-1990 with extensive renovations reflecting current standards
Available Properties
HOMES FOR SALE IN LAKE BONAVISTA
$1,249,000
432 129 Avenue SE
4 BD4 BA2,036.36 SF
$1,199,900
928 Lake Twintree Crescent SE
4 BD3 BA1,392 SF
$1,189,000
1256 Lake Twintree Drive SE
5 BD3 BA1,421.2 SF
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Frequently Asked Questions
ABOUT LAKE BONAVISTA
What recreational opportunities are available in Lake Bonavista?
Lake Bonavista offers abundant year-round recreation including fishing, swimming, boating, tennis, skating, and tobogganing. The two man-made lakes and surrounding parks provide waterfront activities, and residents have easy access to Fish Creek Provincial Park's 100+ kilometres of trails.
Is Lake Bonavista the first lake community in Canada?
Yes, Lake Bonavista was Canada's first community built around a man-made lake when development began in 1967. The two lakes—Lake Bonavista (52 acres) and Lake Bonaventure (35 acres)—were artificially constructed to transform the original flat prairie landscape.
What is the condition of homes in Lake Bonavista?
Most homes were built in the late 1960s-1980s and have been significantly renovated over the years. Many properties are in excellent condition following updates and modernizations, though some retain original features that may indicate need for updates.
What shopping and dining options exist in Lake Bonavista?
Avenida Shopping Centre, opened in 1988, provides retail services and dining options including upmarket restaurants and an art gallery. The centre was developed to serve the growing community's shopping needs.
How far is Lake Bonavista from downtown Calgary?
Lake Bonavista is located in the southeast quadrant, approximately 15-20 km from downtown Calgary. During peak traffic hours, commute times to downtown can extend to 35+ minutes. The area offers more of a suburban feel compared to inner-city communities.
What are the community governance structures?
The Lake Bonavista Homeowners Association provides mandatory membership for homeowners and is responsible for maintaining both lakes and community parks. Residents with Lake Bonaventure access pay additional shares for upkeep of that private lake.
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