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1949 Mahogany Boulevard SE
Beds
3
Baths
3 full + 1 half
Sqft
1,221
Year
2022
Type
Single Family
On market
25d
WELCOME TO THE STREAMS OF LAKE MAHOGANY | LUXURY BUNGALOW LIVING BY JAYMAN BUILT An exclusive single-level living enclave redefining luxury bungalow living in one of Calgary’s most sought-after lake communities. Nestled within Mahogany, this picturesque neighbourhood blends the serenity of lakeside living with unmatched convenience, surrounded by parks, pathways, and stunning architectural streetscapes designed to elevate your lifestyle.Showcasing timeless West Coast and Urban Contemporary design, the highly desirable WYATT II floor plan offers exceptional craftsmanship, sophisticated finishings, and a FULLY FINISHED basement. From the moment you arrive, the beautiful exterior elevation and attached double garage create unforgettable curb appeal.Inside, soaring 9-foot ceilings and an expansive open-concept design welcome you into a stunning chef-inspired kitchen complete with sleek quartz countertops, stainless steel appliances, modern cabinetry, and a large central island perfect for entertaining or everyday living. The bright Great Room and spacious dining area are thoughtfully designed with incredible sight lines, a fireplace and natural flow throughout the home.The elegant primary suite offers a true spa-inspired retreat featuring dual vanities, an oversized shower, a walk-in closet, and the convenience of main-floor laundry nearby for effortless day-to-day living.The professionally finished lower level dramatically expands your living space with a massive recreation room, two additional bedrooms, a flexible den space, a flex area ideal for hobbies or fitness, and a full 4-piece bathroom — creating the perfect setup for guests, family, or multigenerational living.Additional highlights include the oversized 23’ x 22’ attached double garage, ideal for Alberta winters and extra storage needs, while still allowing for the convenience of maintenance-free, lock-and-leave living.Inspired by the surrounding natural environment, The Streams of Lake Mahogany i ncorporates cutting-edge smart home technology and Jayman BUILT’s industry-leading efficiency standards, including:6 solar panelsTriple-pane windowsNavien tankless hot water heaterDual-zone furnace systemUV-C ultraviolet air purification systemMERV 13 filtrationActive Heat Recovery Ventilator (HRV)Electric vehicle charging rough-inBuiltGreen Canada standard constructionEnjoy the unparalleled lifestyle that Mahogany is famous for, including lake access, beaches, parks, pathways, shopping, restaurants, schools, and countless amenities just moments from your door.This is luxury bungalow living at its finest. Welcome home to The Streams of Lake Mahogany. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.92 Ft x 10.58 Ft | |
| Bedroom | 10.75 Ft x 12.75 Ft | |
| Recreational, Games room | 13.83 Ft x 17.58 Ft | |
| 4pc Bathroom | 5.75 Ft x 9.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.25 Ft x 12.92 Ft | |
| Dining room | 9.42 Ft x 13.50 Ft | |
| Primary Bedroom | 13.08 Ft x 13.92 Ft | |
| Kitchen | 9.75 Ft x 18.17 Ft | |
| 4pc Bathroom | 9.25 Ft x 10.25 Ft | |
| 2pc Bathroom | 5.25 Ft x 6.67 Ft | |
| Pantry | 5.50 Ft x 5.58 Ft | |
| Foyer | 6.33 Ft x 11.67 Ft | |
| Laundry room | .00 Ft x .00 Ft | |
| Other | 4.58 Ft x 12.50 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
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Insurance estimate
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Commute
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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
-0.99%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,300
Financing
Operating expenses (monthly)
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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 19, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.