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Lake Bonavista & Lake Bonaventure
Located in Calgary's SE
The communities of Lake Bonavista, Lake Bonaventure were developed in the late 1970s during the last "boom" and are the real estate jewels in Calgary. In a city where open water is rate, developers built these two artificial lakes, built recreational facilities into them and around them, and opened these facilities up for the area's residents. The proven success of these communities in both the initial and the resale markets paved the way for other such developments, further south in Sundance and in the northwest in Arbour Lake. Access to the Deerfoot Trail from the community makes downtown and the city's airport quickly accessible.
Schools:
The area is mature and has elementary and junior high schools for both school boards. High school students, though have a short commute to the nearest schools. There is a public library (shaped like a pyramid) to the east of Southcentre Mall. The LRT makes the University of Calgary, SAIT and ACAD very accessible.

Schools by community in Calgary's SE - Click Here

Shopping:
The small Lake Bonavista shopping Centre provides most shopping amenities, and Macleod Trail provides a number of "category killer" big box stores to meet almost every need. The upscale Avenida Mall is on Macleod Trail, the more budget-minded Deer Valley Mall is on Bow Bottom Trail, and Southcentre, the largest mall in the area is just north of Anderson Rd.
Recreation:
The area's recreation is very much focused on the two lakes (and homeowners pay recreation fees to the community association based on their proximity to the lakes). Just north of Anderson Road is the Family Leisure Centre, a fully-equipped recreational facility which also includes a wave pool. North of Anderson are two golf clubs, Willow Park and Maple Ridge. There are several cinemas along MacLeod Trail including Canyon Meadows, Southland (note: Southcentre's cinema recently closed) and the new Famous Players Coliseum just south of Fish Creek.  
Golfing Close By:
Willow Park Golf & Country Club- Private
Maple Ridge Golf Club - Public
Lake Bonavista (Residential Real Estate Statistics)
D235  Single Family Condominiums
Year # of Sales Ave. Price % Change # of Sales Ave. Price % Change
1994 145 158,407 n/a 0 0 0
1995 133 158,260 -0.1% 0 0 0
1996 136 167,369 5.8% 0 0 0
1997 128 179,467 7.2% 0 0 0
1998 111 200,439 11.7% 0 0 0
1999 92 200,999 0.3% 5 212,330 n/a
2000 89 212,010 5.5% 3 184,633 -13.0%
2001 120 218,285 3.0% 3 190,166 3.0%
2002 93 242,967 11.3% 8 186,000 -2.2%
2003 98 263,364 8.3% 19 199,868 7.5%
Most Expensive Home Sold In 2003: $335,000 @ 1824.50sf = $183.61/sf (Bungalow)
Average price change for Single Family: 5.89%/year
Average price change for Condominiums: -1.18%/year
(map of area D235 Lake Bonavista)
Lake Bonavista Estates (Residential Real Estate Statistics)
D240 Single Family Condominiums
Year # of Sales Ave. Price % Change # of Sales Ave. Price % Change
1994 76 279,429 n/a 0 0 0
1995 54 268,221 -4.0% 0 0 0
1996 68 274,495 2.3% 0 0 0
1997 49 324,171 18.1% 0 0 0
1998 54 312,965 -3.5% 0 0 0
1999 46 344,960 10.2% 0 0 0
2000 35 343,542 -0.4% 0 0 0
2001 47 347,529 1.2% 0 0 0
2002 39 429,657 23.6% 0 0 0
2003 40 452,800 5.4% 0 0 0
Most Expensive Home Sold In 2003: $1,270,000 @3217.40sf = $394.73/sf (2 Storey)
Average price change for Single Family: 5.88%/year
Average price change for Condominiums: n/a
(map of area D240 Lake Bonavista Estates)

Get the most recent Real Estate statistics for your area, click here.

NOTE: The use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer. CalgaryLakeHomes.ca cautions that an average price does not indicate the actual value of any particular property. If you require specific information on property values please contact us.
 

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