Lake Bonavista Homes For Sale in Calgary
Lake Bonavista, Calgary isn’t just a southeast neighbourhood—it’s a lake lifestyle few others can match. Developed by Keith Homes in the late 1960s, it became the first community in Canada built around a man-made lake, setting the stage for generations of lakefront living. Here, tree-lined streets, beautifully maintained homes, and a strong sense of community create a setting where families, professionals, and upsizers feel at home.
With both Lake Bonavista and the private, gated Lake Bonaventure offering four-season recreation, it’s easy to see why this neighbourhood is so loved. Ideally positioned between Anderson Road and Canyon Meadows Drive, and just minutes from both Deerfoot and Macleod Trail, Lake Bonavista puts you close to everything—without giving up peace and privacy.
Lake Bonavista Real Estate Market Statistics
| Average Price | $1M |
|---|---|
| Lowest Price | $362K |
| Highest Price | $2.3M |
| Total Listings | 12 |
| Avg. Days On Market | 33 |
| Avg. Price/SQFT | $614 |
Property Types (active listings)
Lake Bonavista Homes for Sale
- All Listings
- $200,000 - $300,000
- $300,000 - $400,000
- $400,000 - $500,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
- $900,000 - $1,000,000
- Over $1,000,000
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Why Buyers Love Living in Lake Bonavista
- Private lake community with year-round access to swimming, skating, fishing, and boating
- 40+ acres of lake and park space exclusively for residents and guests
- Wide range of housing—from condos to million-dollar lakefront estates
- Mature trees and beautifully maintained streetscapes in a highly walkable neighbourhood
- Top schools, playgrounds, and parks make it ideal for families
- Close to major roads, shopping, and the South Health Campus
Your Lake Bonavista Real Estate Experts
Lake Bonavista is Calgary’s original lake community—and still one of its most desirable. Whether you’re searching for a starter home or that once-in-a-lifetime lakefront estate, the Marnie Campbell Real Estate Team helps you navigate every step, avoid costly mistakes, and buy with confidence.
What It’s Like to Live in Lake Bonavista
Lake Bonavista offers that hard-to-find combination of nature, community, and convenience. Picture kids skating on the lake while you sip coffee on the deck, or morning paddleboard sessions followed by a short commute downtown. With exclusive lake privileges, excellent schools, and a strong sense of community, life here feels balanced and beautiful.
The History of Lake Bonavista: Calgary’s First Lake Community
Lake Bonavista was a game-changer when it launched in 1967. As Calgary’s first master-planned lake community, it was the first time a man-made lake was built in a Canadian residential neighbourhood purely for recreation.
- Developed by Keith Construction, the neighbourhood centered around a 52-acre man-made lake and 25-acre park—revolutionary at the time
- Modeled after lake communities in Arizona and California, the idea was to offer a cottage lifestyle in the city
- Lake Bonavista Shopping Centre opened soon after, providing residents with walkable access to daily essentials
- The first show homes opened in 1968, and demand was so strong that homebuilders sold out many lots within weeks
- Lake Bonavista became the template for other Calgary lake communities like Midnapore, Sundance, and Mahogany
Today, Lake Bonavista is not just a neighbourhood—it’s a lifestyle. And for many Calgarians, it remains the gold standard for family-friendly, lake-focused living.
Lake Bonavista and Lake Bonaventure: Two Lakes, One Amazing Lifestyle
Living in Lake Bonavista means having your own private lake in the heart of the city. In the summer, you’ll find residents swimming, kayaking, paddleboarding, or fishing. In the winter, it’s all about skating, tobogganing, and sipping hot chocolate by the firepit. The community’s private beach club hosts family BBQs, yoga classes, movie nights, and fireworks—bringing neighbours together all year long.
Lake Bonaventure takes exclusivity to the next level. This second, private lake is only accessible to a limited number of homes with direct lake access. It’s a peaceful, gated area with calm water, low traffic, and incredible privacy. Whether you're watching the sunrise from your paddleboard or relaxing on your dock in the evening, life on Lake Bonaventure feels like a retreat—without ever leaving the city.
Lake Bonavista Home Styles
Lake Bonavista offers a mature mix of housing with the added bonus of exclusive lake privileges—rare anywhere in Calgary.
- Detached Family Homes – Classic 60s and 70s homes with 3–5 bedrooms, many fully renovated
- Lakefront Estates – Custom homes with private docks, over 3,000 sq. ft., and stunning views
- Townhomes and Villas – Affordable options for downsizers or buyers seeking low-maintenance living
- Apartments and Condos – Located near Macleod Trail and Bonavista Promenade
- Lake Bonavista Price Range – Entry condos from the $300,000s, detached homes from the $700,000s+, and lakefront properties from $1.5M+
Let’s talk about what living in Lake Bonavista could look like for you.
Everyday Amenities Near Lake Bonavista
Living in Lake Bonavista means everything is within reach—from groceries to green space.
- Southcentre Mall – One of Calgary’s best shopping centres just minutes away
- Lake Bonavista Promenade – Local shops, cafes, salons, and Sobeys
- Trico Centre – Fitness, skating, swimming, and community programming
- Quick access to Macleod Trail, Anderson Road, and Deerfoot Trail
Schools Near Lake Bonavista
Families choose Lake Bonavista for the schools as much as the lifestyle.
- Lake Bonavista School (CBE) – Elementary, Grades K–6
- Andrew Sibbald School (CBE) – K–6 public school in the community
- Nickle School (CBE) – Junior high for Grades 7–9
- Dr. E.P. Scarlett High School (CBE) – Senior high with AP, IB, and strong academics
- St. Boniface School (CSSD) – Catholic K–6 nearby
Lake Bonavista Parks, Paths & Recreation
- Lake Bonavista Park – Residents-only beach, skating rink, tennis courts, and paddleboard access
- Fish Creek Provincial Park – Just minutes away with endless trails and nature activities
- Trico Centre – Recreation facility for all ages
- Off-leash dog parks and sports fields throughout the area
Looking for lakefront living in Calgary? Lake Bonavista may be your perfect fit.
Schedule your no-pressure consultation today.
Lake Bonavista Homes for Sale FAQs
What’s the average price of a home in Lake Bonavista, Calgary right now?
As of Q1 2025, the benchmark price for a detached home in Lake Bonavista is $1,008,900. That’s up 7.4% year-over-year, reflecting continued demand for this iconic Calgary lake community. If you're thinking of buying, we’ll help you navigate the numbers and buy with confidence.
Source: Pillar 9™, CREB® Quarterly Market Report
What types of homes are for sale in Lake Bonavista?
You’ll find a mix of beautifully maintained 1970s bungalows, two-storey homes, and upgraded luxury properties—some with direct lake access. A limited number of apartment-style condos and row homes are also available near shopping and transit.
Is Lake Bonavista a good area for families?
Absolutely. Lake Bonavista is beloved by families for its top-rated schools, safe streets, large lots, and year-round access to the lake for swimming, skating, and paddling. There’s a strong community feel you can’t replicate elsewhere.
How does Lake Bonavista compare to Lake Bonaventure?
Lake Bonavista is the main community lake and is accessible to all residents who pay HOA dues. Lake Bonaventure is a smaller, private gated lake with access limited to select homes. Both offer peaceful lake living, but Lake Bonaventure homes are often priced higher due to exclusivity.
What schools are located in or near Lake Bonavista?
Lake Bonavista is served by several great schools including Lake Bonavista School (K–6), Nickle School (7–9), and St. Bonaventure School. We’ll help you match your home search with the right school catchment.
What’s the average number of days on market in Lake Bonavista?
Homes in Lake Bonavista are selling quickly. In Q1 2025, the average days on market was just 27 days. That’s down nearly 59% year-over-year—showing strong demand and limited inventory.
Source: CREB® Quarterly Market Report
Is Lake Bonavista a good neighbourhood for investing?
Yes. With its long-standing desirability, limited inventory, and unique lake access, Lake Bonavista holds its value well. Whether you’re upsizing or buying your forever home, it’s a smart long-term investment.
Are there condos available in Lake Bonavista?
Yes, but inventory is limited. Most condos in Lake Bonavista are apartment-style and located near Bonavista Promenade or Anderson Road. If you're looking for low-maintenance living in a lake community, we’ll help you jump on the right opportunity.
How competitive is the Lake Bonavista real estate market?
Lake Bonavista is highly competitive. The sales-to-new-listings ratio in Q1 2025 was 77.78%, and the months of supply was just 1.02—indicating a strong seller’s market. You’ll need to be prepared to act quickly.
Is it possible to buy a lakefront home in Lake Bonavista?
Yes, but they’re rare. Lakefront homes on Lake Bonavista or Lake Bonaventure are some of Calgary’s most exclusive properties. If you're interested, we’ll set you up for early access and expert guidance.
I’m relocating to Calgary — is Lake Bonavista a good area to consider?
Yes — many of our relocating buyers choose Lake Bonavista for its peaceful setting, strong schools, and excellent access to Deerfoot Trail, Macleod Trail, and transit. We’ve helped families moving from across Canada and around the world feel right at home here. We’ll make your transition smooth and informed every step of the way.
I think I’m ready to buy in Lake Bonavista. What’s the best next step?
The best way to get started is with a quick call. We’ll talk about what you're looking for, what’s realistic in the Lake Bonavista market, and how to make sure you’re ready to act when the right home comes along. Schedule your no-obligation buyer call here — we’ll guide you with clarity and confidence.
Relocating to Calgary and Dreaming About Lake Bonavista?
If you’re moving to Calgary and crave lake access, mature trees, and a welcoming community, Lake Bonavista checks every box. As Calgary’s first lake community, it offers year-round recreation, from summer paddleboarding to winter skating—plus beautifully maintained homes, strong schools, and easy access to Macleod Trail and Deerfoot Trail.
The Marnie Campbell Real Estate Team has helped countless families relocate with confidence. Whether you’re searching for your forever home or looking to invest in lifestyle and location, we’ll help you navigate the Lake Bonavista market with expert guidance. Don't miss our Calgary Relocation Guide or schedule a no-pressure consultation to see if Lake Bonavista is where your next chapter begins.
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MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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