Lake Bonavista
Lake Bonavista Calgary is an SE community in south Calgary along the Macleod Trail corridor, and the first community in Canada to be built around a man-made lake. The community is bordered on the north by Anderson Road, on the south by Canyon Meadows Drive (with Fish Creek Provincial Park immediately south), on the west by Macleod Trail, and by Bonavista Downs on the east across a natural existing hill. Average assessed value sits at $762K, up 15.4% year-over-year — running above the citywide average change of 15.2%, one of the stronger swings among the established SE lake communities. The community was established in 1967 and developed by Keith Construction; the average year built across the 5,133 residential properties is 1985, which reflects the community’s late-1960s founding and its later infill and second-phase development. The Property Values distribution above breaks the current picture across those 5,116 properties. The full comparative picture is inside Calgary’s 219 community profiles.
What the data says
Property Values
Average assessed value of $762K — near the city average of $732K.
Value Trend
Property values grew 15.4% year-over-year, tracking the city average.
Lower Disorder Rate
19.9 events per 1,000 residents — below the city average of 53.5. A relatively quiet community.
Established Community
24.2% of residents are 65+, indicating a mature, established neighbourhood.
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Property Values in Lake Bonavista
| Year | Year-End Assessment Roll | Properties | YoY Change |
|---|---|---|---|
| 2023 | $604,429 | 5,122 | — |
| 2024 | $651,427 | 5,128 | +7.8% |
| 2025 | $751,457 | 5,121 | +15.4% |
Why two numbers?
Assessment-roll averages in Lake Bonavista have climbed 24.3% over the last 3 years, from $604,429 in the 2023 roll to $751,457 in the 2025 roll. The Average Property Assessment in the snapshot above ($762K) is drawn from the live current-year assessment feed, which uses a broader aggregation than the year-specific rolls in the table — small differences between the two are normal.
Building Activity in Lake Bonavista
Community Safety in Lake Bonavista
In 2024, Lake Bonavista recorded 202 disorder events — 19.9 events per 1,000 residents, below the city average of 53.5.
| Year | Events | Change |
|---|---|---|
| 2022 | 266 | — |
| 2023 | 254 | -4.5% |
| 2024 | 202 | -20.5% |
| New methodology & data source (see note below) | ||
| 2024 | 202 | — |
| 2025† | 170 | — |
CPS revised how disorder events are counted in 2024 and moved to a new data source. Pre-2024 numbers reflect the older definition and aren't directly comparable to 2024-onward.
† Partial year — coverage limited to months published by CPS to date.
Who Lives in Lake Bonavista
The census-2021 population is 10,145 across the 5,133 residential properties, giving a household size in line with the citywide detached-suburban average. The age composition tilts strongly toward the older-established SE lake-community pattern: 34% aged 40 to 64, 24% aged 65 and over, 24% aged 0 to 19, and 18% aged 20 to 39. The 65-plus share of 24% is one of the largest in the batch, consistent with a late-1960s and 1980s lake community where the original first-generation family cohort has aged in place through the empty-nester and retirement years and where the private-lake amenity has kept long-tenured residents in place rather than pushing them to newer master-planned SE communities. The under-19 share of 24% is meaningful, though, and reflects a second-generation family cycle underway as some of the original owners have downsized locally and their family homes has turned over to newer buyers looking to lock in the lake-amenity access. For a comparable SE mature lake-community age curve at a similar private-lake build vintage, the Chaparral profile is the closest reference on the far-SE side of the city; for the SE newer-cohort family-formation contrast, the Mahogany profile picks up the same lake-community pattern at a younger cohort curve.
Traffic cameras near Lake Bonavista
Live images from City of Calgary traffic cameras within ~4 km of Lake Bonavista. Each camera refreshes every 30 seconds — click any pin to see the latest view.
Living in Lake Bonavista
The community reads as a mature late-1960s and 1980s SE lake community, defined by the two private man-made lakes at its core and by the Fish Creek Provincial Park frontage on the south edge. Lake Bonavista itself is a 52-acre man-made lake with a waterfall hill inside the community, and Lake Bonaventure is a distinct second man-made lake of roughly 35 acres inside the same community — both are private, resident-only, and HOA-controlled, which shapes both the daily amenity picture for residents and the community’s identity as Canada’s original built-around-a-lake community. The dominant built form is a mix of 1970s and 1980s two-storey detached and split-level on generous suburban lots (the community’s average lot footprint runs well above the citywide detached average), with attached townhouses and duplexes scattered along the internal collectors. Because the community has been settled for more than five decades and the average year built is 1985, streetscapes read as fully second-generation — grown-in front-yard landscaping, mature developer street trees, and the settled character of a community where most of the original owners have either aged in place or turned the property over to a second family cycle. Macleod Trail on the west forms the community’s arterial edge and its retail-corridor spine, and Canyon Meadows CTrain Station on the south C-Train leg sits along the Macleod Trail corridor near the community, giving Lake Bonavista Calgary transit-adjacent access to downtown via the SW transit alignment. The Fish Creek Provincial Park frontage on the south edge provides direct pathway and off-leash access from the community’s southern blocks.
Things to do in Lake Bonavista
The two private man-made lakes — Lake Bonavista (52 acres) and Lake Bonaventure (35 acres) — are the community’s signature amenity, offering resident-only swimming, boating (non-motorized), and winter skating access through the HOA. Fish Creek Provincial Park sits immediately south, one of Canada’s largest urban provincial parks and a direct pathway and off-leash access from the community’s southern boundary. Frank McCool Arena, Avenida Shopping Centre (opened 1988), and the Lake Bonavista Promenade all provide named community anchors inside or immediately adjacent to the community. Southcentre Mall, one of Calgary’s largest indoor shopping malls, sits nearby to the north and picks up the additional big-box and cinema catchments. School anchors inside the community include Lake Bonavista Elementary, Andrew Sibbald Elementary, Sam Livingston Elementary, and Nickle Junior High (public), and St. Boniface Elementary and St. Bonaventure Junior High (Catholic). For a comparable SE lake-community reference at a newer master-planned build vintage, the Mahogany profile is the closest same-cluster read; for the far-SE lake-community equivalent at a similar vintage, the Chaparral profile picks up the SE developer-lake pattern at a comparable price band. For the SW Fish Creek Provincial Park-adjacent contrast, the Evergreen and Woodbine profiles round out the comparison set on the opposite side of the park.
The Lake Bonavista real-estate read
An average assessed value of $762K places Lake Bonavista Calgary in the upper band of the SE established lake communities, running above most of the older postwar SE homes and roughly in line with the newer far-SE lake communities. The +15.4% year-over-year change runs just above the citywide average of +15.2% — a swing consistent with a mature lake community where the two private man-made lakes and the Fish Creek Provincial Park frontage support a stable premium against the wider SE ring. Building Activity is meaningful relative to the community’s size: 258 new-construction permits since 2024, 5 demolitions, and 4 suite permits, with the total permit count reaching 252 for the two-year window. That volume reads as an active infill-and-teardown-rebuild pattern on the community’s mature 1970s-and-1980s homes, with newer buyers taking on original properties for redevelopment onto larger lot footprints. The Property Values section above breaks the current distribution across the 5,116 properties, and the historical curve (from $604K in 2023 to $651K in 2024 to $751K in 2025) shows the year-over-year acceleration into the current +15.4% band. For a comparable SE lake-community reference at a newer master-planned build vintage, the Mahogany profile is the closest same-cluster read; for the far-SE lake-community equivalent at a similar vintage, the Chaparral profile picks up the SE developer-lake pattern. For the SW Fish Creek-adjacent contrast on the opposite side of the park, the Evergreen profile rounds out the comparison set at a different SW vantage. The property count has held roughly flat between 5,121 and 5,133 across 2023-2025, confirming the community’s fully built-out and stable-turnover character, with further changes to the housing coming from the ongoing infill and teardown-rebuild pattern rather than any greenfield expansion.
Common Questions About Lake Bonavista
Why are there two average values on this page?
The page shows two related but distinct figures because they come from two different official City of Calgary datasets with different aggregation methods. The Average Property Assessment (in the snapshot at the top of the page and in the "vs Calgary Average" card) is drawn from the City's live current-year assessment feed, using a broad aggregation across all residential parcels. The Year-End Assessment Roll figures in the Property Values chart and table below come from a separate dataset that captures each year's official year-end roll, using a narrower per-year methodology. Both are official data — the small difference between them is normal and reflects the different aggregation windows. For an at-a-glance current value, use the Average Property Assessment; for authoritative year-over-year trends, use the Assessment Roll.
What's the average house price in Lake Bonavista?
The average assessed value in Lake Bonavista is $762K across 5,133 residential properties, up 15.4% year-over-year from $651K in 2024. The dominant housing form is 1970s and 1980s two-storey detached and split-level on generous suburban lots that run well above the citywide detached average; the community's average year built is 1985.
How is the Lake Bonavista real estate market?
Lake Bonavista's assessed values rose 15.4% year-over-year, just above the citywide average of 15.2%. The two private man-made lakes and Fish Creek Provincial Park frontage support a stable premium against the wider SE ring; 35 new-construction permits and 5 demolitions since 2024 point to an active infill-and-teardown-rebuild pattern.
Is Lake Bonavista a good place to live?
Lake Bonavista suits family and mid-career buyers looking for mature 1970s and 1980s two-storey detached and split-level homes around Canada's original built-around-a-lake community. The private lake amenity is controlled by the resident HOA, and Fish Creek Provincial Park sits immediately south along the community's Canyon Meadows Drive boundary.
Is Lake Bonavista safe?
The Safety section above shows current Calgary Police Service disorder counts and how Lake Bonavista compares with the Calgary baseline. The most recent year shows 19.9 disorder events per 1,000 residents, well below the citywide baseline of about 50 per 1,000, with events down 15.4% year-over-year in the community.
What is Lake Bonavista known for?
Lake Bonavista is best known as the first community in Canada to be built around a man-made lake. Two private HOA-controlled lakes sit inside the community: Lake Bonavista at 52 acres with a waterfall hill, and Lake Bonaventure at roughly 35 acres. The community was established in 1967 and developed by Keith Construction.
How far is Lake Bonavista from downtown Calgary?
Lake Bonavista sits in south Calgary along the Macleod Trail corridor. Canyon Meadows CTrain Station on the south C-Train leg sits near the community along the Macleod Trail corridor, giving Lake Bonavista transit-adjacent access to downtown via the SW transit alignment. Macleod Trail forms the community's western arterial edge.
Businesses in Lake Bonavista
Community Association
Lake Bonavista
The Lake Bonavista represents the residents of Lake Bonavista. Community associations organize local events, advocate for neighbourhood improvements, and connect residents.
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