Arbour Lake, Calgary · MLS® A2346046
221
803 sq ft · Condo · Single Family · built 2002 · 29 days on market
listed by Rudy Spiess, RE/MAX Real Estate (Mountain View)
BIG PRICE ADJUSTMENT!! EXCEPTIONAL 55+ BUILDING IN ARBOUR LAKE. This condo is 2 bedroom/2 full bath and has no hassle UNDERFLOOR HEATING. The condo has been well cared for over the years and offers a quiet environment with like minded neighbors. The primary bedroom has a walk through closet space heading to the 3 piece ensuite. The second bedroom functions well as a study or TV room. The main bath is across the hall for easy convenience. Lots of kitchen cabinets and ample counter space with a pass through opening to the dining space. Relax in the living room, which is adjacent to the outside balcony with classy glass rail and good sitting space for patio furniture. The separate laundry room with additional storage is appreciated and practical. Parking is easy in stall #38 underground with additional storage at the front of the stall. Have your overnight guests stay in the $50/night rental suites in the clubhouse and walk over for breakfast. Meet your friends at the clubhouse/recreation center for a game of pool, or host your family get together's for birthday parties etc. Enjoy the lake nearby in the summer to fish, use paddle boards or play in the sand; winter skating is fun on the cleared pathways. NO PETS ALLOWED: GREAT VALUE!!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,045 · tax $156 · strata $531 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Rapid transit: Crowfoot CTrain station, 1.3 km (about 20 min walk); Tuscany CTrain station, 1.4 km (about 22 min walk).
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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$282,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $282,000 |
| 2025 | $298,500 |
| 2024 | $232,500 |
| 2023 | $197,000 |
| 2022 | $184,500 |
| 2021 | $187,500 |
| 2020 | $194,500 |
| 2019 | $207,500 |
From City of Calgary open data (property assessments), matched to 2202 928 ARBOUR LAKE RD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,875 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,875 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Crowfoot CTrain station, 1.3 km (about 20 min walk); Tuscany CTrain station, 1.4 km (about 22 min walk).
Walkability 55/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 11 parks and playgrounds, 2 schools, 11 transit stops.
mihom score from OpenStreetMap places, by straight line distance.