When you think of lakeside living, Calgary might not be the first city that comes to mind—but that’s changing fast. The south side of Calgary boasts some of the most beautiful and amenity-rich lake communities in Alberta, offering year-round recreation, strong property values, and family-friendly environments that rival even the most desirable suburbs.
Whether you're looking for your dream home or an investment opportunity, here’s a comprehensive guide to the top lake communities in South Calgary.
Mahogany: Calgary’s Largest Lake Community
-
Lake Features: 63-acre freshwater lake, two private beaches, paddleboarding, kayaking, and fishing.
-
Community Vibe: Modern, master-planned, vibrant with young families and professionals.
-
Amenities: Urban Village retail district, schools, restaurants, parks, and a beach club.
-
Real Estate: Wide variety—from condos to estate homes. Prices range from $400K to $2M+.
Why Buyers Love It: Mahogany offers a resort-style lifestyle without leaving the city. It’s a top choice for those who want walkability, recreation, and a luxurious community feel.
Auburn Bay
-
Lake Features: 43-acre lake with private beach, toboggan hill, fishing docks, and year-round clubhouse activities.
-
Community Vibe: Strong sense of community, ideal for families.
-
Amenities: South Health Campus nearby, plus schools, parks, and local shopping.
-
Real Estate: Townhomes, detached homes, and lakefront luxury homes. Starting from mid $400Ks.
Why Buyers Love It: Auburn Bay strikes the perfect balance between nature and convenience. It’s a favourite among health professionals and growing families.
Lake Bonavista
-
Lake Features: One of Calgary’s original lake communities; exclusive access to a 52-acre lake with fishing, skating, tennis, and a recreation centre.
-
Community Vibe: Established, mature neighbourhood with a strong legacy.
-
Amenities: Excellent schools, mature trees, and proximity to Macleod Trail shopping and LRT.
-
Real Estate: Classic homes with large lots. Prices range from $600K to $1.5M+.
Why Buyers Love It: Timeless appeal and prestige. Lake Bonavista continues to be one of Calgary’s most desirable neighbourhoods for long-term residents.
Chaparral
-
Lake Features: 32-acre lake and private park, with playgrounds, beach volleyball, skating rinks, and paddle boats.
-
Community Vibe: Peaceful and residential with a family-first atmosphere.
-
Amenities: Close to Fish Creek Park and the Shawnessy shopping district.
-
Real Estate: Affordable lake access homes. Prices range from $450K to $900K.
Why Buyers Love It: Excellent value for lake living. Chaparral is a quiet, welcoming community ideal for those seeking outdoor lifestyle perks without luxury pricing.
What Makes South Calgary Lake Communities Special?
-
Four-Season Recreation: Swim, skate, fish, paddle, and host events right by your backyard.
-
Strong Community Associations: Clubs, events, and programming for all ages.
-
Access to Nature: Proximity to Fish Creek Park, Bow River pathways, and extensive green spaces.
-
Consistent Market Demand: Homes in lake communities tend to retain value due to limited supply and high buyer interest.
Thinking About Moving Lakeside?
Whether you're searching for luxury lakefront homes or affordable starter properties in a vibrant lakeside community, the South Calgary real estate market has plenty to offer.
Visit CalgaryHomeSelling.ca for the latest listings in Mahogany, Auburn Bay, Lake Bonavista, and Chaparral. Get expert advice, personalized home tours, and insider tips to make your next move a smart one.
Find Your Calgary Home
Browse the latest Calgary real estate listings and discover your next home.
SEARCH HOMES