Mahogany, Calgary · MLS® A2346183
221
896 sq ft · Condo · Single Family · built 2021 · 30 days on market
listed by Jeff Sexsmith, RE/MAX House of Real Estate
Welcome to Sandgate in the award-winning lake community of Mahogany! This bright and spacious ground-floor unit offers 896 sq. ft. of thoughtfully designed living space with 2 bedrooms, 2 full bathrooms, titled underground parking and assigned storage. The open-concept layout features a modern kitchen with white cabinetry, quartz countertops, stainless steel appliances and a large island with seating, opening seamlessly into the dining and living areas. Large south-facing windows fill the space with natural light, while the living room provides direct access to the covered ground-level patio—offering the added convenience of your own exterior entrance. The primary bedroom features a walk-in closet and private 4-piece ensuite, while the generously sized second bedroom is located near the additional 4-piece bathroom. In-suite laundry and plenty of storage complete the interior. Enjoy all that Mahogany has to offer, including lake access, parks, playgrounds, walking and biking paths, nearby schools, shopping, restaurants and everyday amenities. With immediate possession available, this well-appointed ground-floor home is ready for its next owner. Note: A localized 20-foot section of the exterior walkway sits slightly above the interior floor level.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,590 · tax $167 · strata $538 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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$301,000
2026 assessment · market value as of July 1, 2025
From City of Calgary open data (property assessments), matched to 101 140 MAHOGANY ST SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,002 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,001 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 93/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 19 places to eat or drink, 2 cafes, 15 parks and playgrounds, 1 school, 1 pharmacy, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.