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12224 Lake Waterton Way SE
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Calgary · Single Family · under $925,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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This wonderful family home in the popular lake community of Lake Bonavista with almost 1450 sq ft above grade has great curb appeal and a lovely front patio. It boasts a separate spacious living room & dining room perfect for large family gatherings. The kitchen has oak cabinets, newer tile backsplash, an undermount sink & quartz countertops. It overlooks a cozy breakfast nook and the bright family room with two skylights and featuring a gas fireplace with brick surround. The primary bedroom has a 3-piece ensuite. Two more bedrooms and the main bathroom complete this level. The basement offers another 1340 sq ft of finished living space with a large games/rec room, a gas fireplace (stone surround & built in wall unit/bookshelf) and a full-sized wet bar. One of the flex rooms boasts a huge walk in California Closet. The second flex room has a built-in shelving unit. The utility room/laundry room has a sink and offers lots of storage. There is a spacious 3-piece bathroom and another large storage/cold room in the basement. Patio doors from the family room open onto the newer, two-tiered composite deck and the beautiful backyard oasis which features a quaint playhouse. Professionally landscaped both front and back, with lots of mature trees and garden space. The oversized double garage has a workshop area and has been used to park 3 cars! This home is extremely well maintained with mostly newer windows, and regular servicing of gas fireplaces, hot water tank & furnace. The roof is about 10 years old, the hot water tank about 9 years and the two-stage furnace has a new motor in 2026. Situated on a beautiful, quiet street, just a few minutes’ walk to Lake Bonavista Promenade and the prestigious Lake House Restaurant. Enjoy all the pleasures of lake living – beaches, swimming, boating, paddle boarding, fishing, scuba diving, tennis & pickleball plus winter activities including skating, cross country skiing & tobogganing! All this and great access to Fish Creek Park, shopp ing, restaurants, Theatre, Trico Centre, South Centre Mall & Fish Creek Library. Just a short drive to LRT, Macleod Trail, Anderson Road, Acadia Drive & the Deerfoot. Call your favorite Realtor to view today! OPEN HOUSE, Saturday, June 27th, 2 pm to 4 pm. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 2.60 M x 1.94 M | |
| Other | 3.24 M x 3.19 M | |
| Other | 3.24 M x 3.89 M | |
| Recreational, Games room | 8.26 M x 7.20 M | |
| Storage | 2.25 M x 3.89 M | |
| Furnace | 3.63 M x 3.87 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 2.32 M x 2.36 M | |
| 3pc Bathroom | 2.32 M x 1.49 M | |
| Bedroom | 2.52 M x 3.09 M | |
| Bedroom | 3.03 M x 3.09 M | |
| Primary Bedroom | 3.33 M x 4.02 M | |
| Breakfast | 1.80 M x 3.93 M | |
| Foyer | 1.22 M x 3.21 M | |
| Kitchen | 2.69 M x 2.53 M | |
| Family room | 4.66 M x 3.98 M | |
| Dining room | 3.32 M x 3.28 M | |
| Living room | 5.67 M x 4.13 M |
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
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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
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Insurance estimate
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Commute
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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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 28, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
12.7 km away
13.2 km away
Elementary
11.3 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
12.1 km away
Halal grocery
Amir Halal Meats & Grocery
12.1 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.