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40 Masters Common SE
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Beds
3
Baths
3 full + 1 half
Sqft
2,477
Year
2014
Type
Single Family
On market
32d
Located in the highly sought-after community of Mahogany, welcome to 40 Masters Common SE — where lakeside living meets modern luxury in one of Calgary’s premier lake communities.This turnkey front-drive home offers 3 bedrooms, 2.5 bathrooms, and over 2,400 sq. ft. of thoughtfully designed living space, with immediate possession available so you can settle in before summer and start enjoying the lake lifestyle right away.The main floor features a bright and open-concept layout filled with natural light, designer finishes, and exceptional functionality. Enjoy both a spacious living room and family room, perfect for entertaining or everyday living. The chef-inspired kitchen is beautifully appointed with stainless steel appliances, quartz countertops, and ample cabinetry, creating the ideal space for hosting family and friends.Upstairs, you’ll find a massive bonus room, a convenient upper-floor laundry room, and a stunning primary retreat complete with a spa-inspired ensuite. Two additional generously sized bedrooms and a bright shared bathroom with a large window complete the upper level. Every inch of this home has been carefully designed with comfort, style, and practicality in mind.Step outside and discover why Mahogany is one of Calgary’s most desirable communities, offering private lake access, beaches, scenic pathways, parks, schools, restaurants, and an unmatched family-friendly atmosphere. Conveniently located near Stoney Trail and Deerfoot Trail, you’re just minutes from shopping, dining, schools, and easy access throughout the city.Homes like this rarely stay available for long.Lakeside living. Front-drive convenience. Immediate possession.Welcome home. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.00 Ft x 5.08 Ft | |
| Dining room | 8.83 Ft x 12.00 Ft | |
| Family room | 15.92 Ft x 17.25 Ft | |
| Kitchen | 16.83 Ft x 7.67 Ft | |
| Living room | 9.92 Ft x 10.33 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.83 Ft x 9.50 Ft | |
| 5pc Bathroom | 14.42 Ft x 10.17 Ft | |
| Bedroom | 12.17 Ft x 9.92 Ft | |
| Bedroom | 12.08 Ft x 10.83 Ft | |
| Laundry room | 8.17 Ft x 5.25 Ft | |
| Bonus Room | 15.50 Ft x 18.50 Ft | |
| Primary Bedroom | 13.83 Ft x 14.50 Ft | |
| Other | 10.08 Ft x 6.33 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
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Suite legality / potential
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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).
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 30, 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.