Mahogany, Calgary · MLS® A2346524
552
1,680 sq ft · 229 m² lot · House · Single Family · built 2023 · 35 days on market
listed by Erin Dupont, Real Broker
Open house · Saturday, October 31, 12pm–2pm
*OPEN HOUSE SATURDAY OCT.10, 12:00-2:00pm* Excellent investment or mortgage helper! Welcome to this beautiful home, offering over 2,300 sq. ft. of developed living space in one of Calgary’s most desirable communities. With over $25,000 spent in upgrades, this thoughtfully designed property with a legal 2-bedroom secondary suite offers flexibility for homeowners, investors, or multi-generational families. The bright and inviting main floor features an open-concept layout with luxury vinyl plank flooring, soaring ceilings, large windows, and stylish contemporary finishes throughout. A private front office provides the perfect work-from-home space, while the spacious living and dining areas flow seamlessly from the chef-inspired kitchen. Designed with both style and function in mind, the kitchen features full-height cabinetry, quartz countertops, tile backsplash, stainless steel appliances, pantry storage, and a large centre island with seating. The main floor also has an additional office nook/flex space that makes a great homework or play area for kids. A practical mudroom and convenient 2-piece powder room complete the main level. Upstairs, the spacious primary retreat includes a walk-in closet and ensuite bathroom with dual vanity and large stand up shower. There are two additional bedrooms, a full bathroom, upper-level laundry and bonus room that provides plenty of space for family living. The lower level is home to a fully self-contained, legal 2-bedroom, 2-bathroom secondary suite with its own private side entrance. Complete with full kitchen, family room and separate laundry. Ideal for extended family, guests, or rental income, this valuable additional living space creates an excellent opportunity to offset monthly mortgage costs. Outside, the fully landscaped and fenced yard has been finished with new sod, fence, paving stones and BBQ Gas Line, making this property truly move-in ready. Located close to Mahogany Lake, playgrounds, scenic pathways, schools, sho pping, restaurants, and Mahogany Village, this home offers the perfect balance of lifestyle, versatility, and long-term value. Whether you’re looking for a stylish family home, a smart investment, or a property with a strong mortgage helper, this property delivers an exceptional opportunity in one of Calgary’s premier lake communities. The suite is already occupied by amazing tenants paying $1500/month until Aug 2027. Book a showing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
$672,500
2026 assessment · market value as of July 1, 2025
From City of Calgary open data (property assessments), matched to 1041 MAHOGANY BV SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $4,472 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $4,472 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 18/100 · Car needed for most errands
Within a 10 minute walk: 10 parks and playgrounds, 4 transit stops.
mihom score from OpenStreetMap places, by straight line distance.