* Amounts are estimates only. Final payment amounts may vary.
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
Basic Info
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)
Building Info
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
Neighborhood Info
Nearby Amenities:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Condo/Association Info
Condo Amenities:
Beach Access
Condo Fee 2:
$120
Lot / Land Info
Lot Size:
0.10 acres
Lot Features:
Low Maintenance Landscape
Zoning:
R-G
Materials & Systems
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