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290 Mahogany Place SE
Beds
6
Baths
4 full + 1 half
Sqft
2,944
Year
2012
Type
Single Family
On market
75d
SEMI PRIVATE LAKE ACCESS just a short stroll to shared dock and or a gated pathway to West beach in Mahogany Waters...This fully finished two-storey walkout in Mahogany offers over 4,000 sq ft of developed living space on a quiet street with direct pathway access to a nearby park. A grand entryway with soaring ceilings creates an impressive first impression, setting the tone for the bright and open layout enhanced by 9’ ceilings on every level. The main floor is designed for both everyday living and entertaining, featuring a modern kitchen with a gas stove and newer dishwasher that flows seamlessly into the dining and living areas. Thoughtful upgrades throughout include updated light fixtures, faucets, cabinet hardware, stylish accent walls, and a refreshed powder room, giving the home a clean, contemporary feel.Upstairs, you’ll find four spacious bedrooms, a large bonus room, and a conveniently located laundry room, offering excellent functionality for busy households. The primary suite provides a comfortable retreat with upgraded ensuite shower hardware. The walkout basement adds even more versatility with two additional bedrooms and direct access to the backyard—ideal for guests, teens, or extended family. An oversized 24’ extended double attached garage completes the home with exceptional storage and practicality.Located in Mahogany, one of Calgary’s premier lake communities, residents enjoy year-round access to the lake, beaches, and an extensive network of walking paths. With excellent schools, parks, and a vibrant urban village offering shops, dining, and everyday amenities, Mahogany delivers a balanced lifestyle in a highly sought-after setting. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.42 Ft | |
| Bedroom | 9.58 Ft x 8.92 Ft | |
| Bedroom | 11.58 Ft x 13.67 Ft | |
| Kitchen | 14.25 Ft x 14.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.33 Ft x 8.00 Ft | |
| Dining room | 13.58 Ft x 15.08 Ft | |
| Foyer | 5.58 Ft x 9.42 Ft | |
| Kitchen | 13.08 Ft x 15.08 Ft | |
| Living room | 16.50 Ft x 13.92 Ft | |
| Other | 7.33 Ft x 6.33 Ft | |
| Office | 9.17 Ft x 9.42 Ft | |
| Storage | 4.58 Ft x 5.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.17 Ft x 6.33 Ft | |
| 5pc Bathroom | 16.08 Ft x 13.75 Ft | |
| Bedroom | 14.00 Ft x 10.83 Ft | |
| Bedroom | 14.00 Ft x 10.92 Ft | |
| Bedroom | 11.67 Ft x 10.92 Ft | |
| Family room | 14.58 Ft x 19.08 Ft | |
| Laundry room | 7.33 Ft x 10.83 Ft | |
| Other | 8.42 Ft x 9.33 Ft | |
| Primary Bedroom | 15.92 Ft x 14.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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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
-0.81%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,756
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 Jun 2, 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.