Mahogany, Calgary · MLS® A2351179
542
1,708 sq ft · 241 m² lot · House · Single Family · built 2026 · 15 days on market
listed by Danny James, Real Broker
UNBELIEVABLE OPPORTUNITY & A SMART INVESTMENT IN MAHOGANY. This brand-new “Rayn” blends stylish family living with real income potential thanks to a fully developed 2-bedroom, 1-bathroom legal suite with its own private entrance, perfect for rental revenue, extended family, or added flexibility for the future. It’s one of the best 2-bedroom suite layouts you’ll find, with a thoughtful use of space that makes furnishing, living, and renting easy from day one. While this home offers the popular Rayn floor plan, several subtle design changes create a unique and highly functional main-floor layout. Natural vinyl plank flooring and elevated finishes establish a warm, modern feel, while the convenient front flex room offers a bright and inviting space that can adapt to your lifestyle. Whether used as a formal sitting area, home office, playroom, or quiet retreat, it adds valuable flexibility to the home. At the rear, the kitchen becomes the heart of the home, featuring timeless white cabinetry to the bulkhead, a modern backsplash, chimney hood fan, stainless steel appliances, and bright white quartz countertops. A generously sized island provides plenty of room for meal preparation, casual dining, and entertaining. Sliding oversized back windows bring in the breeze on those warm summer days. The central dining and living areas create a natural gathering space between the front living room and rear kitchen. The dining area comfortably accommodates an extended table for family dinners and celebrations, while the central living room offers a welcoming place to relax or entertain. The open flow keeps each area connected while still giving every space its own distinct purpose. A conveniently positioned 2-piece bathroom completes the main level. A raised homework and tech nook overlooking the main floor adds another fun and functional element to the design. It’s an ideal space for studying, working from home, organizing daily schedules, or creating a dedicated computer station without taking away from the primary living areas. Upstairs, a cozy bonus room provides the perfect setting for movie nights, a children’s play area, or a quiet reading corner. The primary retreat is privately positioned at the back of the home and features an oversized window, a generous walk-in closet, and a stylish 4-piece ensuite with dual sinks and a full-size shower. The additional bedrooms are well-sized, while upper-floor laundry keeps daily routines simple and efficient. The fully developed legal basement suite is a major advantage, offering 2 bedrooms, 1 bathroom, a private entrance, and a smart layout that maximizes usable living space. Whether you’re looking for a mortgage helper, comfortable accommodations for extended family, or a long-term investment opportunity, the suite adds meaningful value, flexibility, and income potential. Located in the award-winning lake community of Mahogany, this home is a must see!
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.
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$179,500
2026 assessment · market value as of July 1, 2025
From City of Calgary open data (property assessments), matched to 1211 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 $1,194 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,193 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 27/100 · Mostly by car
Within a 10 minute walk: 4 parks and playgrounds, 6 transit stops.
mihom score from OpenStreetMap places, by straight line distance.