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788 Canyonview Close W
788 Canyonview Close W is the executive family home you have been waiting for. Located in one of West Lethbridge’s most desirable communities, this impressive property offers the space, finishings, layout, and lifestyle features that are so hard to find. From the moment you pull up, the triple garage makes a strong first impression. Step inside and you are welcomed by a large front foyer with plenty of room for the whole family to come and go comfortably, while still offering just the right amount of privacy from the main living space. The living room features one of 3 gas fireplaces in the home! From there, the home opens beautifully into a bright and spacious main floor with tall ceilings, an open concept design, and large windows across the back of the home that fill the space with natural light. The kitchen is a dream for anyone who loves to cook, host, or simply gather with family. You will appreciate the generous cabinet and counter space, the sprawling kitchen island, quartz countertops, custom cabinetry, stainless steel appliances, dishwasher, fridge, and built in double ovens. This is a kitchen designed for real everyday living, but finished with the quality you would expect in an executive home. Upstairs, the layout continues to shine with two great sized kids bedrooms, a beautiful 4 piece main bathroom, and the convenience of a full laundry room exactly where you want it. The master suite is the true highlight of the second level, offering a spacious bedroom, walk in closet, and an ensuite that feels like your own private retreat. Complete with a separate tub and shower, a large quartz vanity, and plenty of room to unwind, this is the kind of space that makes the end of a long day feel a little easier. Oh, and did I mention another gas fireplace up here in the master? The fully developed walkout basement adds even more value and flexibility. Downstairs you will find a spacious family room, an entertaining wet bar, the 4th and 5th bedrooms, and another 4 piece bathroom. The custom woodworking throughout the basement was designed with style, function, and entertaining in mind, creating a warm and inviting space for family movie nights, guests, teenagers, or game day gatherings. Enjoy a good movie, and a nice fire on your 3rd gas fireplace! Step outside from the walkout basement and enjoy the backyard setting with the pond behind you. This is not just a beautiful backdrop, it is part of the lifestyle. Over the years, the current owner has helped build and maintain the neighbourhood skating rink on the pond. Now the question is, will your family be the one that carries on the tradition and brings the neighbourhood together for a good old fashioned game of pond hockey? Equipment can be left with the house. With a triple garage, executive finishings, 5 bedrooms, 4 bathrooms, a walkout basement, wet bar, upstairs laundry, 3 gas fireplaces, and a pond backing location, this home truly checks all the boxes. Do not miss your chance to own this home! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.08 Ft x 10.83 Ft | |
| Bedroom | 8.25 Ft x 12.25 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Family room | 24.08 Ft x 28.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 24.75 Ft x 14.83 Ft | |
| Dining room | 15.25 Ft x 12.00 Ft | |
| Kitchen | 15.25 Ft x 11.00 Ft | |
| Other | 8.83 Ft x 10.33 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.50 Ft x 12.42 Ft | |
| Bedroom | 8.83 Ft x 12.92 Ft | |
| Laundry room | 5.92 Ft x 8.83 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 15.25 Ft x 15.25 Ft | |
| 4pc Bathroom | 10.83 Ft x 15.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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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
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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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$5,482
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 Jun 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.