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Viva Homes – Arbour Lake Development 160 Arbour Wood Mews NW 32 Unit Apartment Building $11,500,000 CAD ($359,375 CAD/Unit) 4.46% Cap Rate Calgary, AB T3G 4B5
Investment Highlights
- Excellent Location in the community of Arbour Lake
- Quick and easy access to nearby retail and entertainment amenities as part of Crowfoot Crossing retail centre
- Located just minutes from Crowchild Trail NW, Stoney Trail NW, and the Crowfoot LRT Station
Executive Summary
The Arbour Lake development by Viva Homes is a new venture by ATCO Land and Development,representing a unique investment opportunity in one of northwest Calgary’s most desirable communities.
Thoughtfully designed multi-unit development offering 16 three-bedroom townhomes, 16 one-bedroom suites, ample parking, and secure bike and stroller storage units.
This project comprises 32 residential units—16 three-bedroom townhomes and 16 one-bedroom suites—designed with modern layouts and built using ATCO’s advanced modular construction process.
This innovative approach delivers record-speed timelines, cost competitive pricing, and superior quality control, reducing development risk and enabling faster revenue realization.
Thoughtfully designed multi-unit development offering 16 three-bedroom townhomes, 16 one-bedroom suites, ample parking, and secure bike and stroller storage units.
This project comprises 32 residential units—16 three-bedroom townhomes and 16 one-bedroom suites—designed with modern layouts and built using ATCO’s advanced modular construction process.
This innovative approach delivers record-speed timelines, cost competitive pricing, and superior quality control, reducing development risk and enabling faster revenue realization.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
|
-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $11,500,000 CAD | Apartment Style | Townhome |
| Price Per Unit | $359,375 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.39 AC |
| Cap Rate | 4.46% | Construction Status | Under Construction |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 21,600 SF |
| No. Units | 32 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
| Price | $11,500,000 CAD |
| Price Per Unit | $359,375 CAD |
| Sale Type | Investment |
| Cap Rate | 4.46% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 1.39 AC |
| Construction Status | Under Construction |
| Building Size | 21,600 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.67/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Dining Room
- Instant Hot Water
- Linen Closet
- Porch
- Window Coverings
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Private Bathroom
- Walk-Up
- Smoke Detector
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Viva Homes – Arbour Lake Development | 160 Arbour Wood Mews NW
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