Lakefront property is very rare in Southern Alberta, even rarer close to Calgary. Chestermere lake has lakefront homes that are only 30 minutes to downtown Calgary. Chestermere was originally an intermittent lake that ran from Shepard to where the town of Chestermere is now. This body of water was originally known as Kinneburg Slough before it was dammed in the early 1900's to be a balancing pond for the newly formed Western Irrigation District. Far from a slough now, the water for Chestermere Lake is diverted from the Bow River near where the Calgary Zoo is. The lake is 3.5 miles long by 1/2 mile wide.
You can water-ski, sail, windsurf, swim and fish at Chestermere Lake.
A complete town has built up around the lake. We now have near 12,000 residents and many different kinds of housing. There are one bedroom condos from the $350,000's 2 bedrooms from the $300,000 range. These units are in the Bay Club 2 separate apartment buildings right by the lake. There are townhouses available from $275,000 to $400,000. Single family homes not on the lake in the community run from the $400,000 range up to $700,000. Lakefront homes are running from $850,000 for a lot right up to $2,500,000 for a very high end home on more than one lot. There are many good homes on the market for around the one million dollar mark.
When you consider that you could combine your everyday home and your cottage in one, the advantages are many. You can enjoy this home everyday. There is only one home to maintain. As your principal residence any capital gains you earn is tax free. My favorite reason is that you don't have to pack and unpack and drive for hours every week end.
We have been lakefront residents for 17 years. We started out thinking about a recreational home, but when we saw Chestermere Lake we were sold. In fact we liked it so much that we got our real estate licenses so we could let people know more about the great lifestyle that Chestermere has to offer.
For more information on Chestermere Lake and to visit homes for sale there visit our website www.chestermererealestate.com
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