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Cathy Gallagher 403-880-8299

SERVING YOUR CALGARY REAL ESTATE NEEDS



 
Data Last Updated July 10, 2025, 11:32 pm

 
Courtesy of RE/MAX House of Real Estate

Arbour Lake 2 Storey
Bedrooms 4 Bathrooms 3 Parking 2
No Floor Plan Available
$700,000
MLS® #:  A2216765
Address:  327 Arbour Grove Close
Size: 1,314 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

LOCATION, LOCATION, LOCATION! Discover the perfect blend of comfort, convenience, and opportunity in Arbour Lake, Northwest Calgary’s only lake community—offering four-season recreation just steps from your door. Whether you're a family seeking space in a vibrant neighborhood or an investor looking for a high-yield rental property, this home delivers both lifestyle and value. This charming two-storey home with a fully finished basement (with SEPARATE SIDE ENTRANCE and illegal suite) is a rare find. With the potential to generate over $3,600/month in rental income + utilities, it’s a turnkey opportunity for investors—or an ideal setup for multigenerational living. Upstairs features three generous bedrooms with hardwood flooring, including a primary suite with a private ensuite, and an additional full bathroom—both finished with elegant granite countertops and undermount sinks. The main floor offers warmth and comfort with hardwood throughout, a bright front living room, a 2-piece powder room, and a dedicated laundry room with a new washer/dryer (2024). The heart of the home is the open-concept kitchen and dining area, featuring granite counters, stainless steel appliances, and a central island—perfect for family meals and entertaining. Sunlight pours through backyard-facing windows in the cozy dining nook. The separate-entry basement illegal-suite is thoughtfully designed and includes: Spacious living and dining areas, One large bedroom with a legal egress window, 4-piece ensuite bathroom, Fully equipped kitchen with new electric cooktop, fridge, hood fan, In-suite laundry with stacked washer/dryer, Bonus freezer and extra storage…Ideal for tenants, in-laws, or guests! Enjoy your fully fenced backyard, perfect for pets and kids, with a secure gate for added peace of mind. The double detached garage (2016) includes built-in shelving, plus gated side parking for your RV or tent trailer. A garden shed adds extra storage. The paved back alley ensures easy access and a clean aesthetic. WHY ARBOUR LAKE? This exclusive lake community offers unmatched amenities: Year-round lake access for swimming, paddleboarding, fishing & skating, Family-friendly events and programs, Top-rated schools: Arbour Lake School, St. Ambrose, Robert Thirsk High, Walking distance to Crowfoot LRT, YMCA, Crowfoot Crossing, restaurants & shops, Quick access to Crowchild, Stoney Trail & John Laurie Blvd. Recent updates include a new roof (2020) and hot water tank (2021). Basement is vacant and ready, while upstairs tenants may be assumed—or vacant possession available July 17. Whether you're looking to generate passive income or raise a family in a welcoming lake community, this home offers the best of both worlds. Move in, rent out, or both—Arbour Lake living starts here!

Status: Active
Includes: Additional appliances for the Ilegal suite: Fridge, Electric range, hood-fan, washer and dryer set and freezer in utility room, TV mount and shelves on basement. Shelves in the garage and fire pit
Site Influences:
Back Lane, Back Yard, City Lot, Few Trees, Rectangular Lot
Legal Description:
ACCESS Legal Description
Location & Listing Info:
Zoning: R-CG
Neighbourhood: Arbour Lake
Lot Size: 0.08 sq.ft.
Lot Shape: Back Lane,Back Yard,City Lot,Few Trees,Rectangular Lot
Zone: Zone NW
County: Calgary
Property Info:
Property Type: Residential Detached Single Family
Home Style: 2 Storey
Year Built: 1996
Total Floor Area: 1,314 sq. ft.
Brokerage: RE/MAX House of Real Estate
Construction Type: Stone,Vinyl Siding,Wood Frame
Front Exposure: S
Exterior:
Exterior: Stone, Vinyl Siding, Wood Frame
Construction: Stone,Vinyl Siding,Wood Frame
Frontage: 9.74M 32`0"
Front Exposure: S
Roof: Asphalt Shingle
Financial & Possession:
Tax: ACCESS Taxes
Possession: ACCESS Possession
Occupancy: ACCESS Occupancy
Seller's Rights Reserved: ACCESS Seller's Rights Reserved
Condo Fee: ACCESS Condo Fee
Condo Fee Includes: ACCESS Condo Fee Includes
Rooms:
Total Bedrooms: 4  (Bedrooms Above: 3)
Bathrooms: Full: 3 / Half: 1
Rooms Above: 7
Ensuite: Yes
Parking Plan Type: 220 Volt Wiring,Alley Access,Double Garage Detached,Garage Door Opener,RV Access/Parking
Garage: 1
Additional Info:
Heating: Forced Air, Natural Gas
Basement: Separate/Exterior Entry, Finished, Full, Suite
Basement Type: Separate/Exterior Entry, Finished, Full, Suite
Floor Finish: Carpet, Ceramic Tile, Hardwood, Laminate
Fireplace Details: For Sale
Parking: 220 Volt Wiring, Alley Access, Double Garage Detached, Garage Door Opener, RV Access/Parking
Total Parking:
Restrictions: Contact for Restrictions
Heating Type: Forced Air,Natural Gas
Heating Fuel: Forced Air,Natural Gas
Restrictions: None Known
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For viewing call 403-880-8299
Contact Cathy Gallagher -
100, 5810 - 2nd Street S.W., Calgary, Alberta, T2H 0H2
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Cathy Gallagher, Real Estate Professionals
100, 5810 - 2nd Street S.W., Calgary, Alberta T2H 0H2
Tel: 403-880-8299 Fax: 403-366-5175
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