Mahogany, Calgary · MLS® A2346572
332
1,336 sq ft · 342 m² lot · Townhouse · Single Family · built 2013 · 36 days on market
listed by Chris Jamieson, Charles
Welcome to Mahogany — one of Calgary’s most sought-after lake communities — where this beautifully maintained 3-bedroom home puts you right in the middle of an incredible four-season lifestyle. Step inside to a bright, modern main floor with an open layout that makes everyday living and entertaining feel effortless. The spacious kitchen is the heart of the home, featuring quartz countertops, a large central island, stainless steel appliances, loads of cabinetry, and plenty of room to gather with family and friends. The kitchen flows seamlessly into the dining area and sun-filled living room, while a convenient 2-piece powder room completes the main level. Upstairs, your spacious primary retreat offers a walk-in closet and private ensuite, while two additional bedrooms and a full bathroom give you plenty of room for family, guests, or that home office you’ve been promising yourself. And then there’s the backyard…The fully fenced, west-facing yard is a fantastic spot to soak up those afternoon and evening rays, while the detached double garage and wide paved rear alley add everyday convenience. Mahogany is about more than just the house - You’ll have access to Calgary’s largest freshwater lake, with 63+ acres of water and 21 acres of sandy beaches. Paddleboard, kayak, swim, fish, play beach volleyball, fire up the BBQ, or simply spend a summer afternoon doing absolutely nothing — which, frankly, is sometimes the best activity of all. When winter arrives? Lace up the skates and enjoy the lake and community under the winter sky. The location is equally impressive, with Public and Catholic schools just across the street, plus parks, pathways, playgrounds, shopping, restaurants, transit and everyday amenities all close by. This is more than just a move-in ready home — it’s your opportunity to live the Mahogany lifestyle.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $2,285 · tax $315 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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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$568,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $568,500 |
| 2025 | $615,000 |
| 2024 | $516,500 |
| 2023 | $412,000 |
| 2022 | $379,500 |
| 2021 | $361,500 |
| 2020 | $358,000 |
| 2019 | $372,500 |
From City of Calgary open data (property assessments), matched to 25 MARINE DR SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,780 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,780 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 45/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 12 parks and playgrounds, 1 school, 6 transit stops.
mihom score from OpenStreetMap places, by straight line distance.