Lake Bonavista Bank Foreclosures Calgary

Find Lake Bonavista Bank Foreclosures Calgary: Search Lake Bonavista bank foreclosures, bank owned foreclosures and judicial court ordered bank foreclosures in Se Calgary on August 13, 2:20pm. Locate Lake Bonavista bank owned foreclosure homes, distress homes, search bank foreclosures, judicial sales, civil enforcement. More Lake Bonavista bank foreclosures



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Frequently Asked Lake Bonavista Bank Foreclosure Questions & Answers

What is a foreclosure in Lake Bonavista?

A foreclosure in Lake Bonavista occurs when a homeowner defaults on their mortgage payments, and the lender takes legal action to recover the owed amount by selling the property.

How does the foreclosure process work in Alberta?

The foreclosure process in Lake Bonavista typically involves several stages: notice of default, court application, judicial sale, and potential transfer to the lender if the property doesn't sell.

Where can I find foreclosure listings in Lake Bonavista?

Foreclosure listings in Lake Bonavista can be found through our website, bank websites, court registry offices, and through real estate agents specializing in foreclosures.

Are foreclosures cheaper than regular homes in Alberta?

Foreclosure properties in Lake Bonavista are often priced below market value, but prices vary depending on location, condition, and competition among buyers.

What are the risks of buying a foreclosure in Lake Bonavista?

Risks include property damage, liens, no warranties or guarantees, and the property being sold "as-is" without disclosures about its condition.

Can I inspect a foreclosure property before buying?

Inspection opportunities vary. Some foreclosures allow inspections, while court-ordered sales may not. Always verify inspection possibilities before bidding.

How do I finance a foreclosure purchase in Alberta?

Financing options include traditional mortgages (if the property qualifies), private lenders, or cash purchases. Some foreclosures require proof of funds or certified checks.

What is the difference between a foreclosure and a power of sale in Alberta?

In Alberta, foreclosures involve court proceedings, while power of sale (more common in other provinces) allows the lender to sell without court involvement.

How long does the foreclosure process take in Alberta?

The foreclosure timeline in Alberta typically takes 6-12 months from default to sale, depending on court schedules and legal processes.

Can I negotiate the price on a foreclosure property?

Negotiation possibilities depend on the type of foreclosure. Bank-owned properties may allow negotiation, while court-ordered sales typically dont.


Lake Bonavista Community Overview

Find answers to the most common questions about Lake Bonavista, Calgary's first lake community, known for its private lake, beach, tennis courts, and family-friendly atmosphere in the southeast.

Where is Lake Bonavista located in Calgary?

Lake Bonavista is located in southeast Calgary, bounded by Anderson Road to the north, Macleod Trail to the west, Canyon Meadows Drive to the south, and Bonaventure Drive to the east. The community is in Ward 14, represented by Councillor Peter Demong. It is Calgary's first lake community, established in 1965 as a model for suburban living centered around a man-made lake.

What is the population of Lake Bonavista?

According to the City of Calgary 2012 municipal census, Lake Bonavista had a population of 11,269 residents living in 4,151 dwellings. With a land area of 5 square kilometres, the population density was approximately 2,320 people per square kilometre. The median household income in 2015 was $79,673, with a homeownership rate of 91%. Low-income residents make up 4.2% of the population, and 22.4% of residents are immigrants.

What is the history of Lake Bonavista?

Lake Bonavista was established in 1965 and was Calgary's first lake community. It was developed by the Bronconnier Group, bringing water from the Bow River to create a private man-made lake that would become the centrepiece of the community. Don Mills opened Lake Bonavista Estates in the late 1960s. In 1979, a trademark dispute with a Minneapolis-based company regarding the name "Bonavista" was resolved by adding the prefix "Lake." The lake was built on an isolated farm with no neighbours for miles, requiring early residents to drive on gravel roads.

What amenities does Lake Bonavista offer?

Lake Bonavista offers exclusive amenities for property owners in the community:

  • Private man-made lake – 35 acres of recreational water
  • Swimming beaches – Sand volleyball and swimming areas
  • Tennis courts – Multiple courts for residents
  • Paddle tennis – Additional racquet sport facilities
  • Winter skating – Skating on the frozen lake
  • Fishing – Lake is stocked with fish
  • Picnic areas – Lakeside gathering spaces
  • Bonavista Promenade Shopping Centre – Local shopping and services
What is the Lake Bonavista Residents Association?

The Lake Bonavista Residents Association (LBRA) manages the private lake and community amenities for property owners. Annual memberships provide access to lake amenities, and only property owners who pay the annual levy can use the facilities. The association maintains the lake, beaches, tennis courts, and organizes community events throughout the year. Residents can contact the association at 403-271-5300 or via email at info@lakebonavista.ca. The association office is located at 7740 Lake Bonavista Drive SE.

Is Lake Bonavista open to the public?

No, Lake Bonavista is a private lake. Only property owners who pay the annual Lake Bonavista levy may use the lake, beach, tennis courts, and other residents-only amenities. The lake is not open to the general public.

What types of homes are available in Lake Bonavista?

Lake Bonavista offers a mix of housing types including single-family detached homes, townhomes, and condominiums. The community features mid-century homes from the 1960s and 1970s alongside modern renovations and infills. Properties include:

  • Lakefront properties – Homes directly backing onto the lake, commanding premium prices
  • Lake-view properties – Homes with scenic lake views
  • Non-lake view homes – More affordable options within the community
  • Townhomes and condos – Low-maintenance living options
What is the average home price in Lake Bonavista?

Home prices in Lake Bonavista vary significantly by location and property type:

  • Lake front homes: $1.5 million to over $3 million
  • Lake-view homes: $800,000 to $1.5 million
  • Non-lake view detached homes: $500,000 to $800,000
  • Townhomes and condos: $300,000 to $500,000

The average home price in Lake Bonavista is approximately $750,000 to $850,000 across all property types, with the premium for lake access reflected in higher property values.

What schools are in Lake Bonavista?

Lake Bonavista is served by several schools within and near the community:

Within Lake Bonavista:

Nearby High Schools:

What parks and green spaces are near Lake Bonavista?

Lake Bonavista residents enjoy access to several parks and green spaces:

  • The private lake – 35 acres of water with surrounding pathways and beach areas
  • Bonavista Park – Neighbourhood park with playground and green space
  • Fish Creek Provincial Park – One of Canada's largest urban parks, accessible nearby
  • Bow River Pathway System – Extensive walking and biking trails
  • Lake Bonavista Promenade – Pathway around the lake perfect for walking, jogging, and cycling
What recreation is available near Lake Bonavista?

Recreation options in and around Lake Bonavista include:

  • Swimming and boating – At the private lake (residents only)
  • Tennis and paddle tennis – At residents' courts
  • Winter skating – On the frozen lake
  • Fish Creek Provincial Park – Hiking, biking, cross-country skiing, picnic areas, wildlife viewing, and Sikome Lake beach
  • Southland Leisure Centre – Indoor pool, waterslide, fitness centre, ice rinks, and library
What shopping is near Lake Bonavista?

Lake Bonavista offers convenient access to major shopping destinations:

  • Bonavista Promenade Shopping Centre – Local centre with grocery, pharmacy, restaurants, and services, anchored by Safeway and London Drugs
  • Southcentre Mall – Major shopping mall approximately 5-10 minutes north
  • Macleod Trail retail corridor – Numerous shopping centres, big-box stores, restaurants, and services
  • Chinook Centre – Calgary's largest shopping mall, approximately 15 minutes north
What are the transportation options in Lake Bonavista?

Lake Bonavista is well-connected for commuters:

  • Road Access: Quick access to Macleod Trail, Anderson Road, and Canyon Meadows Drive, providing connections to Deerfoot Trail and Stoney Trail
  • Public Transit: Multiple Calgary Transit bus routes serve the area
  • Nearest LRT Stations: Anderson Station (Red Line) or Canyon Meadows Station
  • Commute to Downtown: Approximately 20-25 minutes by car; 25-35 minutes by transit
  • Walk Score: Moderate; the community is designed with pathways connecting to the lake and amenities
What healthcare options are near Lake Bonavista?

Lake Bonavista residents have access to several healthcare facilities:

  • South Health Campus – Major hospital in Seton for comprehensive care
  • Rockyview General Hospital – Accessible via Macleod Trail
  • Bonavista Medical Clinic – Located in Bonavista Promenade for routine care
  • Multiple pharmacies in Bonavista Promenade and surrounding area
Is Lake Bonavista a good place for families?

Yes, Lake Bonavista is an excellent community for families with a Family-Friendly Rating of 4.5 out of 5. Features include:

  • Excellent schools within the community (Lake Bonavista School, David Frost School)
  • Private lake with swimming, beaches, and year-round recreation for children
  • Tennis courts and paddle tennis facilities
  • Walkable neighbourhood with mature tree-lined streets
  • 91% homeownership rate, indicating stable, committed residents
  • Nearby Fish Creek Park for outdoor adventures
Is Lake Bonavista dog-friendly?

Yes, Lake Bonavista is a dog-friendly community. The lake pathway system and surrounding parks provide excellent walking routes for dogs. Nearby Fish Creek Provincial Park offers extensive off-leash areas and trails. Many homes have fenced yards, and the neighbourhood's mature tree-lined streets are perfect for daily walks.

What makes Lake Bonavista unique among Calgary communities?

Lake Bonavista holds a special place in Calgary's history as the city's first lake community. Its unique features include:

  • First of its kind – Pioneering the lake community concept in Calgary
  • Private 35-acre lake – Year-round recreation for residents only
  • Established character – Mature trees, classic architecture, and well-maintained streets
  • Central location – Easy access to downtown, Fish Creek Park, and major shopping
  • Strong community association – Active LBRA managing lake amenities and events

Its success sparked the development of other lake communities including Lake Bonaventure, Lake Chaparral, and McKenzie Lake.

Lake Bonavista Bank Foreclosures For Sale Directory

Considering buying Lake Bonavista foreclosures? Search bank foreclosures, auctions and bank owned foreclosure homes. The most up to date, accurate Lake Bonavista foreclosure lists on August 13, 2026. Our foreclosure listings lists include:

  • Lake Bonavista Judicial Sales
  • Lake Bonavista Bank foreclosures
  • Bank Owned Foreclosures
  • Foreclosure Auctions
  • Commercial Foreclosures
  • Land Foreclosures
  • Multiple Listing Service
  • Foreclosure Condominiums
  • Farms & hobby farms
  • For Sale By Owner


  • Lake Bonavista Real Estate Foreclosures Directory

    Compare our Lake Bonavista foreclosure real estate directory, real estate reviews, listings, Luxury homes condos, maps, townhomes and local REALTORS®. Find today's Lake Bonavista real estate statistics, past sales history, dates and prices public schools explore community information parks and daily breaking news. of real estate recently sold nearby, and more. Register for a free account as the real estate market is changing you need experienced Top rated real estate agents experts ready to answer your questions about Attached homes, Detached homes, neighborhoods, schools, and the newest listings for sale in Lake Bonavista. Compare golf courses, real estate maps , wonderful restaurants, shops, off leash dog parks and of course the people! IF buying or selling real estate, you can expect expert advice, high quality service, straight forward communication plus attention to detail. Information on Lake Bonavista foreclosure homes for sale, bank owned, acreages, Lake homes bank foreclosures, New construction.


    Lake Bonavista Judicial Sales

    Judicial sales is a sale conducted under a judgment, order or supervision of a court. Lake Bonavista Judicial Sales? The sale may have been ordered under a petition for partition of real estate or an execution or the like. A judicial sale must be based upon an order or a decree of a court directing the sale.


    Lake Bonavista Bank Foreclosures

    Considering buying Lake Bonavista bank foreclosures? Bank Foreclosures happens when a borrower fails to pay their mortgage payments and lender or mortgage investor must repossess the home.


    Lake Bonavista Bank Owned Foreclosures

    Lake Bonavista Bank owned foreclosures happens when a borrower fails to pay their mortgage payments.


    Lake Bonavista Land Foreclosures

    Considering buying a Lake Bonavista land foreclosures? Land foreclsoures happens when a borrower fails to pay their mortgage payments.


    Lake Bonavista Farm Foreclosures

    Lake Bonavista farm foreclosures? Lake Bonavista Farm foreclosures happens when a borrower fails to pay their mortgage payments.



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  • Lake Bonavista Foreclosures For Sale Market

    Lake Bonavista Foreclosures for sale: There are Lake Bonavista bank foreclosures for sale, judicial and court ordered sales in Se Calgary. Locate new Lake Bonavista real estate, Lake Bonavista homes, REALTORS®, new homes listed active. We have extensive Lake Bonavista foreclosure contacts helping you to finance foreclosed homes, tips in buying foreclosure properties and more. See foreclosure deals and exclusive list of foreclosed properties in different price ranges. Tags: foreclosures in Lake Bonavista Alberta, home foreclosures Lake Bonavista, house foreclosures in Lake Bonavista and Lake Bonavista foreclosures for sale












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