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Description
Live Smart in Arbour Lake – New Home with Legal Basement Suite and Lake Access!
Welcome to this beautiful 2022-built home in Calgary’s Arbour Lake community. With a total living area 2,675 sq.ft., 5 bedrooms, and 3.5 baths, this home offers modern living and great investment potential. The main floor features an open concept, modern kitchen with walk-through pantry, spacious living and dining areas, and a guest bath. Upstairs includes a bonus room, primary bedroom with a 5-piece ensuite, two bedrooms with walk-in closets, a full bath, and laundry. The legal basement suite has 9-ft ceilings, a full kitchen, two bedrooms, bath, private laundry, and a separate entrance—perfect for rental income or multi-generational living. A new deck and fresh sod were added in 2024.
Financially, with a $900,000 price and 20% down, 5 yr fix 4.25% for 25 yr amortization, mortgage payments are about $3,894/month. Adding taxes, utilities, and insurance brings monthly costs to around $5,123. Renting the basement for $1,600/month reduces your effective housing cost to $3,523—less than many cheaper homes. Once the mortgage is paid off, rental income covers all expenses, letting you live free!
Located near lake, schools, transit, shopping, and parks, this home offers a smart lifestyle and investment opportunity for your family.
Property details
- MLS® #
- A2246829
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Arbour Lake
- Price
- $899,900
- Sale/Lease:
- For Sale
- Size:
- 2,067 sq.ft.
- Bedrooms:
- 5
- Bathrooms:
- 3 full / 1 half
- Year Built:
- 2022 (3 years old)
- New Construction:
- Yes
- Structure Type:
- House
- Building Style:
- 2 Storey
- Garage:
- Yes
- Parking:
- Double Garage Attached
- Basement:
- Separate/Exterior Entry, Finished, Full
- Features:
- Granite Counters, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Separate Entrance
- Inclusions:
- .
- Appliances:
- Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, See Remarks, Washer, Washer/Dryer
- Laundry:
- In Basement, Upper Level
- Exterior Features:
- Balcony
- Patio/Porch Features:
- Deck
- Nearby Amenities:
- Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
- Condo Amenities:
- Beach Access
- Condo Fee 2:
- $120
- Lot Size:
- 0.10 acres
- Lot Features:
- Low Maintenance Landscape
- Zoning:
- R-G
- Roof:
- Asphalt Shingle
- Exterior:
- Concrete,Vinyl Siding,Wood Frame
- Floors:
- Carpet, Ceramic Tile, Hardwood, Linoleum
- Foundation:
- Poured Concrete
- Heating:
- Forced Air
- Cooling:
- None
- Amenities:
- Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
- Possession:
- 15 Days / Neg,Other/See Remarks
- Days on Market:
- 14
Basic Info
Building Info
Neighborhood Info
Condo/Association Info
Lot / Land Info
Materials & Systems
Listing Info
Listing office: Classic Property Management & Realty Ltd
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