We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
290 Mahogany Place SE
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
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
-0.81%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,756
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 11, 2026.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
9.3 km away
straight-line
ND Fresh Meat
240 Midpark Way SE unit 7, Calgary, AB T2X 1N4, Canada
3.7★ · 3 reviews
9.5 km away
straight-line
Ar-Razzaq Halal Meat & Grocery
15219 Bannister Rd SE, Calgary, AB T2X 1Z3, Canada
4.5★ · 85 reviews
9.9 km away
straight-line
1.2 km away
straight-line
2.6 km away
straight-line
151 Copperpond Blvd SE #205, Calgary, AB T2Z 0Z7, Canada
4.3★ · 488 reviews
2.6 km away
straight-line
3.1 km away
straight-line
3750 46 Ave SE #109, Calgary, AB T2B 0L1, Canada
13.0 km away
straight-line
13.2 km away
straight-line
Auburn Bay School | Calgary Board of Education
7 Auburn Bay Ave SE, Calgary, AB T3M 0K9, Canada
2.4 km away
straight-line
2.4 km away
straight-line
New Brighton School | Calgary Board of Education
30 New Brighton Dr SE, Calgary, AB T2Z 4B2, Canada
3.6★ · 18 reviews
2.8 km away
straight-line
Future LRT Station
Cm Southeast, 300 Auburn Meadows Common SE, Calgary, AB T3M 3E7, Canada
2.3★ · 3 reviews
1.4 km away
straight-line
McKenzie Towne Terminal SE
Calgary, AB T2Z 1H1, Canada
5.0★ · 2 reviews
2.6 km away
straight-line
Future LRT Station
NB 52 ST SE @ McKenzie Terminal, Calgary, AB T2Z 0S8, Canada
2.6 km away
straight-line
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.