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12108 Lake Waterton Way SE
Beds
4
Baths
4 full + 1 half
Sqft
1,202
Year
1969
Type
Single Family
On market
3d
STUNNING RENOVATION ON THIS BI-LEVEL STYLE HOME ON HIGHLY SOUGHT AFTER LAKE WATERTON WAY IN LAKE BONAVISTA. THIS GORGEOUS PROPERTY WAS TAKEN DOWN TO THE STUDS AND COMPLETELY MODERNIZED FROM TOP TO BOTTOM. NO DETAIL WAS OVERLOOKED FROM THE MAIN FLOOR DESIGN FEATURING 2.5 WASHROOMS INCLUDING MASTER SPA-RETREAT ENSUITE COMPLETE WITH STEAM SHOWER!! CUSTOM FANCY TILE WORK THROUGHOUT THAT ONE TYPICALLY FINDS IN MULTI-MILLION DOLLAR PROPERTIES. The Main floor FIREPLACE IS AN ABSOLUTE MASTERPIECE WITH LARGE IMPORTED TILES AND A TIMELESS DESIGN. The Kitchen features gas cooktop, built-in hoodfan, STUNNING CABINETRY, with WATERFALL QUARTZ COUNTERTOPS. The main floor with its 2 bedrooms is perfect for EMPTY-NESTERS, YOUNG FAMILIES OR YOUNG URBAN PROFESSIONALS LOOKING FOR A MODERN-STYLE FULLY UPGRADED HOME SITUATED PROXIMATE TO FISH CREEK PARK AND WITH ACCESS TO THE NEIGHBORHOOD LAKE, CLUBHOUSE, AND A MENU OF LOCAL SHOPS AND SERVICES. There is an OVERSIZED HEATED DOUBLE DETACHED GARAGE, ACCESS FROM SIDE AND REAR LANE WITH ACCESS FOR RV PARKING IN YOUR OWN MASSIVE BACKYARD! New TRIPLE PANE windows, roof shingles, doors, EXTERIOR STUCO WITH STYRODUR INSULATION. THIS HOME IS TRULY A MASTERPIECE WITH EVERY DETAIL CURATED TO PERFECTION! To TOP IT ALL OFF, you have a 2 BEDROOM LEGAL SUITE IN THE BASEMENT PERFECT FOR EXTENDED FAMILY VISITS OR LONG TERM STAYS, or ADDITIONAL INCOME IF YOU DESIRE! This is your opportunity to be SURPRISED AND DELIGHTED! Basement photos were taken prior to tenant move-in, but show the high quality of finishing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.00 Ft x 10.42 Ft | |
| Primary Bedroom | 10.50 Ft x 18.58 Ft | |
| Bedroom | 9.75 Ft x 10.83 Ft | |
| Living room | 14.00 Ft x 18.92 Ft | |
| Dining room | 8.50 Ft x 11.17 Ft | |
| Kitchen | 8.08 Ft x 11.17 Ft | |
| Furnace | 5.75 Ft x 10.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.83 Ft x 13.17 Ft | |
| Bedroom | 11.17 Ft x 12.83 Ft | |
| Living room | 15.08 Ft x 19.33 Ft | |
| Dining room | 8.00 Ft x 9.08 Ft | |
| Kitchen | 11.17 Ft x 15.17 Ft | |
| 5pc Bathroom | 5.83 Ft x 13.17 Ft | |
| 4pc Bathroom | 5.58 Ft x 6.50 Ft | |
| 2pc Bathroom | 5.58 Ft x 4.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.78%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,211
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 6, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.