Mahogany, Calgary · MLS® A2349064
111
502 sq ft · Condo · Single Family · built 2024 · 24 days on market
listed by Chase Olsen, RE/MAX First
Welcome to modern, low-maintenance living in Calgary's premier lake community. Logel Homes proudly presents "The Carr 2" in Mahogany—a smartly designed, 1-bedroom, 1-bathroom residence offering over 500 sq.ft of efficiently crafted living space. Perfectly suited for first-time buyers, downsizers, or savvy investors, this home combines chic design with everyday functional luxury. Step inside to a light-filled layout centered around a beautifully appointed kitchen. Designed for both everyday cooking and effortless entertaining, the culinary space features sleek quartz countertops, a modern undermount sink, upgraded lighting, and an impressive abundance of cabinetry space to keep your kitchen organized and clutter-free. The primary bedroom serves as a quiet retreat, highlighted by a stylish transom window that draws in elevated natural light while ensuring privacy. The full bathroom is equally refined, featuring upgraded tile flooring for a clean, spa-like feel. Extend your living space outdoors onto the large patio, which comes fully equipped with a BBQ gas line—ideal for warm summer evenings and outdoor dining. Adding maximum value and convenience to this turn-key package is a titled surface parking stall and an assigned storage locker for all your seasonal items and extra gear. Located in award-winning Mahogany, this property delivers an extraordinary lifestyle right outside your door. Enjoy exclusive access to Calgary’s largest community lake, featuring 63 acres of sandy beaches, scenic walking paths, year-round recreation, and a vibrant local retail village filled with dining, coffee shops, and essential services. This is effortless lake-community living at its absolute finest! Click the 3D virtual tour for a better look!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $958 · tax $142 · strata $285 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Calgary: CMHC's average there ($1,581) 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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$257,000
2026 assessment · market value as of July 1, 2025
From City of Calgary open data (property assessments), matched to 7220 1802 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 $1,709 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,709 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 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 13 places to eat or drink, 1 cafe, 9 parks and playgrounds, 1 school, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.