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612 Lake Simcoe Close SE
Beds
5
Baths
3
Sqft
2,133
Year
1977
Type
Single Family
On market
12d
Welcome to 612 Lake Simcoe Close, an exceptionally rare opportunity in the heart of Lake Bonavista Estates. Large bungalows of this scale are almost never available in this community. Offering over 2100 sq.ft above grade, homes like this typically only come to market every few years, & are most commonly found in lakefront locations & in much higher price ranges. In fact, in the past 5 years, there has only been 1 publicly available 2100+ sq.ft bungalow publicly offered on the MLS in Lake Bonavista Estates off of the lake. To find a home of this size on a quiet cul-de-sac location is rare. This home offers the spacious, functional layout that bungalow buyers wait years for. The expansive main floor features large principal rooms, generous living spaces & an abundance of natural light throughout. The size of this home allows for a level of flexibility rarely found in bungalows in this community, with spacious entertaining areas, well proportioned bedrooms & excellent everyday living functionality. The kitchen opens into the adjacent family room, creating a central gathering space while still maintaining distinct formal living and dining areas. There is also a unique fireplace cove on the main floor which is super cozy - the current owners love this space! The primary suite offers excellent space while additional bedrooms are ideal for your family. The main floor office could be converted to a 4th main floor bedroom should you require it. The basement continues to expand the living space with a large rec area along with 2 more bedrooms. Lots of flex areas here which can suit a home office gym space, hobby room, or storage. The mature lot, quiet street & surrounding homes create an established setting that is difficult to replicate. The exterior is finished in durable Hardie siding, offering both timeless curb appeal & long term durability. Amazing backyard offers awesome spaces to relax in. RV pad for an additional vehicle. Lake Bonavista Estates remains one of Calga ry’s most sought after communities for good reason. It is Calgary’s premier lake community & offers residents a unique 4 season lifestyle centred around the private lake, parks, recreation & strong community atmosphere. Residents enjoy year round access to swimming, boating, fishing, skating, tennis, pickleball & community events, all within a mature neighbourhood setting filled with large trees & beautiful streetscapes. One of the standout features of this location is the close proximity to Fish Creek Provincial Park, one of the largest urban parks in North America. Offering over 100 kilometres of pathways along with extensive natural areas, picnic spaces, biking and walking trails, wildlife viewing & river access, Fish Creek Park provides an incredible outdoor lifestyle only moments from your door. The home also offers quick access to major roadways helping to simplify your commute. The C-Train station is only a short walk away, providing convenient access for downtown commuters & everyday transit use. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 44.33 Ft x 27.00 Ft | |
| Bedroom | 11.42 Ft x 16.50 Ft | |
| Bedroom | 12.75 Ft x 12.83 Ft | |
| Storage | 18.67 Ft x 6.33 Ft | |
| Storage | 10.67 Ft x 9.25 Ft | |
| Other | 7.33 Ft x 6.92 Ft | |
| Furnace | 13.25 Ft x 15.08 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 6.17 Ft x 10.33 Ft | |
| Living room | 24.17 Ft x 19.33 Ft | |
| Kitchen | 15.92 Ft x 15.33 Ft | |
| Dining room | 11.42 Ft x 11.92 Ft | |
| Family room | 17.92 Ft x 14.17 Ft | |
| Office | 9.25 Ft x 12.00 Ft | |
| Primary Bedroom | 15.92 Ft x 13.92 Ft | |
| Bedroom | 12.25 Ft x 10.58 Ft | |
| Bedroom | 12.25 Ft x 9.83 Ft | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — |
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
-0.72%
Cap rate
4.72%
GRM
13.9
Break-even rent
$8,271
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 May 30, 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.