July 25, 2018 | Tyler Difley

Choosing the Calgary lake community that's right for you

Especially during the long, hot days of summer, the idea of living beside a lake is extremely appealing. Thankfully, Calgary is home to several unique communities with a man-made lake to call their own. For those thinking about buying their own lakefront oasis, here's a look at each of Calgary's established lake communities to help you find the one that's right for you.

Arbour Lake

• Quadrant: N.W.


• Established: 1992


• Population: 10,713


• Dwellings: 3,938


• Median age: 41


• Median pre-tax household income: $92,399


• New listings: 146


• Number of residential sales (YTD): 68


• Residential average price (YTD): $473,489


• Residential benchmark price: $438,933

Auburn Bay

• Quadrant: S.E.


• Established: 2003


• Population: 16,429


• Dwellings: 5,932


• Median age: 30


• Median pre-tax household income: $116,046


• New listings: 306


• Number of residential sales (YTD): 128


• Residential average price (YTD): $492,045


• Residential benchmark price: $500,250

Chaparral

• Quadrant: S.E.


• Established: 1995


• Population: 12,964


• Dwellings: 4,176


• Median age: 35


• Median pre-tax household income: $115,357


• New listings: 209


• Number of residential sales (YTD): 93


• Residential average price (YTD): $483,824


• Residential benchmark price: $451,883

Coral Springs

• Quadrant: N.E.


• Established: 1991


• Population: 5,792


• Dwellings: 1,565


• Median age: 37


• Median pre-tax household income: $95,536


• New listings: 43


• Number of residential sales (YTD): 22


• Residential average price (YTD): $468,841


• Residential benchmark price: $515,417

Lake Bonavista

• Quadrant: S.E.


• Established: 1967


• Population: 10,419


• Dwellings: 4,110


• Median age: 46


• Median pre-tax household income: $111,130


• New listings: 150


• Number of residential sales (YTD): 81


• Residential average price (YTD): $582,059


• Residential benchmark price: $580,600

Mahogany

• Quadrant: S.E.


• Established: 2010


• Population: 8,444


• Dwellings: 3,106


• Median age: 31


• Median pre-tax household income: $130,088


• New listings: 231


• Number of residential sales (YTD): 105


• Residential average price (YTD): $560,460


• Residential benchmark price: $381,633

McKenzie Lake

• Quadrant: S.E.


• Established: 1982


• Population: 13,616


• Dwellings: 4,657


• Median age: 37


• Median pre-tax household income: $114,519


• New listings: 164


• Number of residential sales (YTD): 95


• Residential average price (YTD): $486,306


• Residential benchmark price: $463,467

Midnapore

• Quadrant: S.E.


• Established: 1977


• Population: 7,320


• Dwellings: 2,898


• Median age: 42


• Median pre-tax household income: $79,815


• New listings: 75


• Number of residential sales (YTD): 38


• Residential average price (YTD): $419,614


• Residential benchmark price: $355,083

Sundance

• Quadrant: S.E.


• Established: 1982


• Population: 9,994


• Dwellings: 3,418


• Median age: 40


• Median pre-tax household income: $118,820


• New listings: 123


• Number of residential sales (YTD): 51


• Residential average price (YTD): $517,310


• Residential benchmark price: $459,617

Tagged: Arbour Lake | Auburn Bay | Calgary Community | Calgary Lakes | Chaparral | Coral Springs | Feature | lake | Lake Bonavista | lake community | lake living | Mahogany | McKenzie Lake | Midnapore | Sundance