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Calgary · Single Family · under $1,850,000 · 3+ bed · 4+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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1367 Lake Ontario Drive SE
4 BEDROOMS | 4 1/2 BATHROOMS | 2-STOREY | OVER 3,200 SQFT OF LIVING SPACE | CORNER LOT | FULLY DEVELOPED BASEMENT | DOUBLE DETACHED GARAGE | LAKE BONAVISTA ACCESS | Welcome to this exceptional custom-built luxury home in the highly sought after community of Lake Bonavista, offering over 3,200 sqft of meticulously designed living space with 4 bedrooms and 4.5 bathrooms. Every detail of this home has been thoughtfully curated with no expense spared, combining high-end finishes, functional design, and timeless style in one remarkable property. Step inside to an impressive main floor with soaring 11-foot ceilings, hardwood flooring, and a stunning open to above staircase with solid oak open risers, LED lighting, and custom railings. The bright dining area with feature wall is surrounded by oversized windows, while the inviting living room showcases a Venetian plaster curved feature wall with a gas fireplace, custom built-ins with lighting and an impressive 10x10 patio door. The chef-inspired kitchen is truly the heart of the home, featuring natural quartzite Taj Mahal countertops, stained white oak cabinetry, JennAir appliances, oversized island with seating, and a hidden walkthrough pantry. The pantry seamlessly connects to the tiled mudroom complete with built-in bench, and floor to ceiling cabinetry. The thoughtfully designed main floor also includes a hidden powder room with custom vanity and front entry walk-in closet. Upstairs, the spacious primary suite is a true retreat featuring a backlit headboard with built-in nightstands, a gas fireplace, a stunning walk-in closet with glass cabinetry, LED lighting, jewellery storage, and custom organizers. The spa-inspired 5-piece ensuite offers heated floors, dual quartzite vanities, free-standing soaker tub, private water closet, steam shower with body jets, rain shower, heated bench, and Riobel fixtures. Two additional bedrooms each feature built-in closets and private 3-piece ensuites with heated tile floors. A beautifu lly designed upper laundry room with sink, and laundry steamer completes this level. The fully developed basement continues the home’s elevated design with 9-foot ceilings, in-floor heating, and a large recreation room and wet bar with bar fridge. A striking 11-foot built-in planter alongside the staircase creates a unique architectural focal point. This level also includes a spacious fourth bedroom with walk-in closet, gym/flex room, stylish 3-piece bathroom, and ample storage throughout. Outside, enjoy the covered front porch, private fenced backyard, and a large deck perfect for entertaining. The double detached garage includes gas rough-in access from the paved back alley for future heating potential. Located close to parks, schools, shopping, and with coveted Lake Bonavista lake access, this home offers an unmatched lifestyle in one of Calgary’s most established lake communities. All photos are renderings of the future property. The current property is under construction. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 16.00 Ft x 19.67 Ft | |
| Exercise room | 11.33 Ft x 9.50 Ft | |
| Bedroom | 9.75 Ft x 13.67 Ft | |
| 3pc Bathroom | 9.67 Ft x 5.50 Ft | |
| Furnace | 8.75 Ft x 9.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 12.67 Ft x 14.67 Ft | |
| Kitchen | 19.92 Ft x 14.83 Ft | |
| Living room | 16.67 Ft x 15.00 Ft | |
| Pantry | 11.92 Ft x 5.75 Ft | |
| Other | 9.08 Ft x 7.00 Ft | |
| 2pc Bathroom | 6.50 Ft x 5.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 16.50 Ft x 14.33 Ft | |
| 5pc Bathroom | 11.33 Ft x 12.08 Ft | |
| Storage | 3.25 Ft x 5.42 Ft | |
| Other | 16.58 Ft x 6.33 Ft | |
| Bedroom | 19.67 Ft x 10.33 Ft | |
| 3pc Bathroom | 4.92 Ft x 8.58 Ft | |
| Bedroom | 16.00 Ft x 10.42 Ft | |
| 3pc Bathroom | 6.50 Ft x 8.67 Ft | |
| Laundry room | 5.58 Ft x 10.33 Ft |
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Comparable sales
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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
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Monthly carrying cost
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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).
Cash on cash
-0.65%
Cap rate
4.73%
GRM
13.9
Break-even rent
$10,395
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 29, 2026.
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