Calgary
CommunitiesLake Bonavista
Calgary

LAKE BONAVISTA

Southeast lake community with man-made waterways, recreation, and established character

17Active Listings
$914KAvg. Price
84Investment Score
N/ARental Rate
Investment Analysis

INVESTMENT SCORE

84/ 100
Excellent

This community offers outstanding investment potential with strong fundamentals across all metrics.

NaN / 20

Location Score

Proximity to amenities, transit, and employment centers

12 / 20

Market Activity

Transaction volume indicators

14 / 20

Price Growth

Historical appreciation trends

11 / 20

Affordability

Entry point accessibility

Area Intelligence

COMMUNITY MAP

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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

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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