Lakeview Community Profile
Lakeview is a charming inner-city Calgary community in Ward 8, established in 1959. Located near Glenmore Reservoir and North Glenmore Park, the neighbourhood features approximately 2,200+ homes including character bungalows, renovated mid-century homes, and modern infills.
Lakeview’s combination of inner-city convenience, natural beauty, and community character drives strong renovation demand. Over 90 secondary suites are registered according to City of Calgary data. Based on current MLS data, homes range from $650K to $1.3M, with legal suites generating $1,500-$2,200 per month.
Why Lakeview Homeowners Choose OAF
Lakeview is one of Calgary’s most dynamic neighbourhoods for basement development. With homes built in 2018, the typical Lakeview property has an average of 850-1,400 sq ft of unfinished basement space-perfect for lifestyle renovations, legal suites, or recreational spaces.
- Matched expectations: Lakeview’s mix of mixed character and infill (1959-present) means we’ve worked with similar home layouts and can set accurate timelines and budgets.
- Fixed-Price agreements: No surprises. We walk your space, set clear expectations, and deliver.
- Community relationships: We work with trusted trades in Lakeview and surrounding areas.
Services Available in Lakeview
Lifestyle Basement Development
Create the recreation space you’ve always wanted-home theatre, fitness area, wet bar, or family lounge. Typical cost: $55,000-$110,000.
Legal Secondary Suite
Earn rental income while adding value. Lakeview zoning permits secondary suites. We handle everything from design to permitting.
Garage Development
Whether new construction or renovation, we build garages that last. Protect your vehicles and add value to your home.
Lakeview: Neighbourhood Considerations
Lakeview basements sit on clay, near Glenmore Reservoir, drainage important. This soil type generally excavates cleanly and compacts well, but site-specific surveys are always recommended to identify rock, water tables, or utilities.
Common Challenges
New area; some utility expansion ongoing
Contact OAF early in your ownership or before purchasing. We can assess your property, set budgets, and coordinate with City of Calgary before permitting begins.
Basement development costs vary based on scope. Here’s what to expect in Lakeview:
Contact us for a free in-home consultation in Lakeview.