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222 Chapala Point SE
Beds
6
Baths
4
Sqft
3,104
Year
2007
Type
Single Family
On market
26d
Extraordinary LAKE ACCESS estate in the highly sought-after community of Chaparral. Situated just steps from the lake with exclusive community access, this impressive six-bedroom residence offers 4,740 sqft of beautifully designed living space that blends timeless elegance with exceptional functionality. From the moment you enter, soaring vaulted ceilings, an elegant central staircase, and rich hardwood flooring create a striking first impression. Designed for both entertaining and everyday family living, the expansive open-concept main floor is filled with natural light from oversized windows throughout. At the heart of the home is a beautifully appointed kitchen featuring granite countertops, a large centre island, walk-in pantry, and a bright breakfast nook overlooking the backyard. The adjoining living and family rooms provide multiple gathering spaces, while a dedicated main floor den and convenient laundry room complete this thoughtfully designed level. Upstairs, you’ll find four spacious bedrooms including a luxurious primary retreat with a spa-inspired ensuite and an oversized walk-in closet, creating the perfect private escape. The newly completed walkout basement significantly expands the home’s living space and offers incredible versatility with two additional bedrooms, a four-piece bathroom, a second gas fireplace, extensive storage, and roughed-in suite potential for future customization. Step outside and enjoy direct access to the pathway system leading to beautiful Lake Chaparral. Additional upgrades include brand-new carpeting throughout, full basement development with permit and roughed-in 2nd living & cooking area. Perfectly positioned within walking distance to schools, parks, shopping, transit, and all of Chaparral’s exceptional lake amenities, residents can enjoy year-round activities including swimming, fishing, paddleboarding, skating, hockey, and breathtaking sunrise views by the water. This is a rare opportunity to own a substantial lake-com munity home in one of Calgary’s most desirable family neighbourhoods. Arrange your private viewing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 41.67 Ft x 16.50 Ft | |
| Bedroom | 14.33 Ft x 8.00 Ft | |
| Bedroom | 14.17 Ft x 10.00 Ft | |
| 4pc Bathroom | 10.00 Ft x 5.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.75 Ft x 7.17 Ft | |
| Office | 15.33 Ft x 9.50 Ft | |
| Living room | 16.00 Ft x 14.50 Ft | |
| Dining room | 13.42 Ft x 10.50 Ft | |
| Kitchen | 19.00 Ft x 14.08 Ft | |
| Family room | 21.33 Ft x 16.33 Ft | |
| Laundry room | 8.33 Ft x 6.50 Ft | |
| 4pc Bathroom | 8.17 Ft x 5.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.58 Ft x 14.25 Ft | |
| Bedroom | 12.42 Ft x 12.17 Ft | |
| Bedroom | 14.00 Ft x 11.58 Ft | |
| Bedroom | 13.00 Ft x 12.33 Ft | |
| 5pc Bathroom | 14.00 Ft x 12.58 Ft | |
| 5pc Bathroom | 9.50 Ft x 8.17 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
-0.60%
Cap rate
4.74%
GRM
13.9
Break-even rent
$12,184
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 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.