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1308 Mahogany Boulevard SE
Beds
3
Baths
3 full + 1 half
Sqft
1,698
Year
2026
Type
Single Family
On market
26d
Welcome to the brand-new “Rayn” in Mahogany, a thoughtfully designed home that blends modern style, functional living, and family-friendly comfort. From the moment you step inside, the home makes a strong first impression with warm natural luxury vinyl plank flooring and a bright, contemporary interior that feels both welcoming and refined. The main floor is designed for everyday living and effortless entertaining with an open-concept layout that connects the kitchen, dining, and living areas seamlessly. At the heart of the home, the central kitchen features timeless white cabinetry extended to the bulkhead, sleek white quartz countertops, stainless steel appliances, and a marble-inspired backsplash that wraps the stand-alone chimney hood fan for a clean, upscale finish. A large island provides plenty of prep space, casual seating, and a natural gathering place for family and friends. The dining area sits comfortably between the kitchen and living room with room for a full dining table, while the rear living room is filled with natural light from impressive floor-to-ceiling windows. A convenient rear mudroom entry with a 2-piece bathroom adds everyday practicality, while the versatile flex room just off the kitchen can easily function as a home office, playroom, study space, or quiet reading area. A raised homework or tech nook overlooking the main floor adds another thoughtful and functional touch for busy households. Upstairs, a central bonus room creates the perfect place for movie nights, a kids’ lounge, or a comfortable space to unwind. The primary bedroom is privately positioned at the back of the home and features a large window, a spacious walk-in closet, and a well-appointed 4-piece ensuite with dual sinks and a full-size shower. Two additional bedrooms are well sized for family or guests, and the upper-floor laundry and linen storage help keep daily routines organized and convenient. Adding long-term flexibility, the home also includes a separate side entr ance, offering the potential for private lower-level development or the option to explore a future secondary suite (a secondary suite would be subject to approval and permitting by the city/municipality). Mahogany is one of Calgary’s most sought-after lake communities, centered around Calgary’s largest freshwater lake and a spectacular 21-acre beachfront. Residents enjoy year-round recreation including swimming, paddleboarding, skating, scenic wetlands, and an extensive pathway network. The vibrant Urban Village offers restaurants, cafés, shops, and everyday services, while nearby schools, playgrounds, and quick access to Stoney Trail, Deerfoot Trail, and the amenities of Seton—including South Health Campus—make daily life both easy and connected. Mahogany offers the perfect balance of resort-style living and city convenience. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.58 Ft x 12.58 Ft | |
| Dining room | 11.58 Ft x 10.00 Ft | |
| Kitchen | 9.42 Ft x 15.08 Ft | |
| Other | 9.42 Ft x 8.58 Ft | |
| 2pc Bathroom | 5.00 Ft x 4.92 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 11.75 Ft x 10.17 Ft | |
| Primary Bedroom | 11.75 Ft x 12.00 Ft | |
| 4pc Bathroom | 11.67 Ft x 5.00 Ft | |
| Bedroom | 8.42 Ft x 10.17 Ft | |
| Bedroom | 8.25 Ft x 10.17 Ft | |
| 4pc Bathroom | 9.08 Ft x 5.00 Ft | |
| Laundry room | 5.00 Ft x 6.42 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.08%
Cap rate
4.65%
GRM
13.8
Break-even rent
$3,662
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 14, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.