Modular Townhouse Rental Project
16 3-BR Townhomes, 16 1-BR Suites
Arbour Lake Rental Townhomes
For Sale | 160 Arbour Wood Mews NW, Calgary, AB T3G 4B5
Property Details
- PROJECT NAME Viva Homes – Arbour Lake Development
- SITE AREA ±0.63 Acres
- COMMUNITY Arbour Lake
- TOTAL # OF UNITS 32
- CONSTRUCTION START Summer 2025
- TOWNHOMES 16 three-bedroom units (±900 SF)
- PROJECTED OCCUPANCY June 1, 2026
- SUITES 16 one-bedroom units (±450 SF)
- PARKING 36 surface parking stalls
- STORAGE 16 secure units
- PROJECTED RENT 1BR $1,500 / month
- PROJECTED EGR $681,522
- PROJECTED RENT 3BR $2,000 / month
- PROJECTED NOI $512,666
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AMENITIES
Waste/recycling enclosures
Landscaped pedestrian pathways
Canada Post kiosk - SALE PRICE $11,500,000
The Opportunity
The Arbour Lake development by Viva Homes, a new venture by ATCO Land and Development, represents a unique investment opportunity in one of northwest Calgary’s most desirable communities. 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. More than a housing project, Viva Homes reflects ATCO’s commitment to sustainability and community while addressing the growing national need for attainable housing.
As a turnkey opportunity for investors, this development offers strong appeal for families and professionals alike, supported by very close proximity to schools, retail, and transit. With construction already underway, investors can leverage ATCO’s proven expertise and strategic vision to participate in a scalable, future-focused housing initiative.
