Dobey Realty

Calgary real estate market update

McKenzie Lake Homes for Sale & Community Guide

McKenzie Lake is a southeast Calgary lake community on the Bow River, with 1990s family homes, a private residents’ lake and quick access to Deerfoot and Stoney Trail.

$706,200

Detached Benchmark Price*

19

Homes for Sale Now

38

Median Days Listed

*CREB® detached benchmark price for McKenzie Lake, as of October 2026. Homes for sale and days listed come from my live MLS® listings and update through the day.

Homes for Sale

McKenzie Lake Homes for Sale

Every home currently for sale in McKenzie Lake, pulled live from the MLS® System and updated throughout the day.

Get new McKenzie Lake listings by email

I’ll email you when a new home comes up for sale in McKenzie Lake, usually the same day it’s listed.

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The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Life in McKenzie Lake

McKenzie Lake sits in southeast Calgary between the Bow River and Deerfoot Trail, south of 130 Avenue. The land was annexed in 1970, development began in 1982, and it’s named after J. McKenzie, one of the area’s first settlers. About 68% of homes were built in the 1990s and 24% in the 1980s, and 92% are detached houses.

The man-made lake offers beach, swimming, skating and fishing for residents within the lake-access area. Note that lake access doesn’t cover the whole community. The Bow River pathway, Fish Creek Park and McKenzie Meadows Golf Club are close by, and McKenzie Lake School, Mountain Park School and Cardinal Newman School serve local students.

Who Tends to Love It Here

McKenzie Lake tends to suit families moving up to a larger detached home, buyers who want year-round lake life without the price of a newer lake community, and commuters who use Deerfoot and Stoney Trail.

Nearby in southeast Calgary: McKenzie Towne, Douglasdale/Glen, Auburn Bay and Cranston.

Is McKenzie Lake Right for You?

What People Love

  • A residents’ lake for swimming, skating and fishing
  • The Bow River pathway and Fish Creek Park nearby
  • 91% of households own their home
  • Quick access to Deerfoot Trail and Stoney Trail

The Trade-offs

  • Not every home has lake access, so check the address
  • Lake access comes with an annual residents’ association fee
  • Many homes are 25 to 35 years old, so check roofs and furnaces

Who Lives in McKenzie Lake

About 13,290 people lived in McKenzie Lake at the 2021 Census. 18% of residents were kids under 15 (18% citywide), and 13% were 65 or older (13% citywide). Households averaged 2.9 people, against 2.6 for Calgary.

The median household earned $133,000 before tax, against $98,000 for Calgary as a whole. 91% of households owned their home (69% citywide). 92% of homes were single-detached houses and 7% were row houses.

Source: City of Calgary Community Profiles, McKenzie Lake (2021 Census of Canada); Federation of Calgary Communities (McKenzie Lake).

Around the Neighbourhood

What’s in and around McKenzie Lake

Schools, groceries, parks and other everyday places in McKenzie Lake and just outside it. Tap a place to open it in Google Maps.

School catchments change every year, so confirm the designated school with the CBE or Calgary Catholic School District. Distances are straight-line from the edge of McKenzie Lake.

Places from OpenStreetMap contributors.

McKenzie Lake Real Estate Market

The benchmark prices below are CREB®’s own community-level figures for McKenzie Lake wherever CREB® publishes one; any home type without enough sales this month uses the South East district instead, and months of supply and the sales-to-new-listings ratio are district figures. These are CREB®’s published figures, not my estimates. If you want to know what homes on a particular street have actually sold for, ask me and I’ll pull the recent sales.

Source: CREB® October 2026 monthly stats package (McKenzie Lake community benchmarks, plus South East district supply figures). These numbers update every month, so reach out if you want the latest or a custom McKenzie Lake market report. You can compare it to Calgary’s other neighbourhoods in my community guide, or start browsing homes on the Buy page.

Metric (source, period)Figure
Detached benchmark price (CREB® McKenzie Lake, October 2026)$706,200 (−2.71% year-to-date vs. last year)
Row/townhouse benchmark price (CREB® South East district, October 2026)$412,900 (−5.60% year-over-year)
Semi-detached benchmark price (CREB® South East district, October 2026)$503,400 (−0.87% year-over-year)
Apartment/condo benchmark price (CREB® South East district, October 2026)$305,100 (−8.24% year-over-year)
Months of supply, detached (South East district, October 2026)3.16 months
Sales-to-new-listings ratio, detached (South East district, October 2026)57.01%

McKenzie Lake market snapshot

From 19 homes for sale today
Median asking price$590K
Average asking price$745K
Median price per sq ft$443
Typical days on market38
New this week5
Price drops, last 30 days7
Home typeFor saleMedian pricePer sq ft
Houses17$590K$506
Townhouses2$455K$339

Asking prices of homes listed for sale on the MLS® System, not sold prices. Updated Nov 9, 9:30 am. Want sold prices for this area? Ask me.

Frequently Asked Questions About McKenzie Lake

Have a question that isn’t here? Ask me and I’ll get back to you, usually the same day.

No. The lake-access area is smaller than the community boundary, so check whether a specific address is included before you buy.

CREB®’s detached benchmark price for McKenzie Lake was $706,200 in October 2026 (−2.71% year-to-date vs. last year). Lake-access and river-view homes sell higher, so ask me for recent sales.

Mostly detached two-storeys and bungalows from the 1980s and 90s, plus some townhomes.

In southeast Calgary, bounded by 130 Avenue to the north, Deerfoot Trail to the east, Stoney Trail to the south and the Bow River to the west.

In October 2026, detached homes in the South East district had 3.16 months of supply and a 57.01% sales-to-new-listings ratio (CREB®). As a rough guide, under about 3 months of supply favours sellers, 3 to 4 months is balanced, and over about 4 months starts to favour buyers.

McKenzie Lake School and Mountain Park School (CBE) and Cardinal Newman School (Calgary Catholic) serve the community. Designated schools can change from year to year, so check the address with the school board before you buy.

Thinking About a Move to McKenzie Lake?