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648 Mahogany Boulevard SE
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Beds
2
Baths
3 full + 1 half
Sqft
1,181
Year
2014
Type
Single Family
On market
28d
Enjoy the lake life this summer, without the lakefront price. Superb value for this beautifully maintained duplex, in Calgary's most sought after lake community. Move-in ready and easy access to schools, Mahogany Lake, shopping, transit, ponds and pathways! Attractive curb appeal with sturdy stone and stucco siding. The main floor boasts 9 FT CEILINGS, a warm colour palette and bright, open floor plan. The kitchen is equipped with a huge centre island, GAS RANGE, stainless steel appliances and pantry space. Upstairs you will find dual primary bedrooms, each offering walk-in closets & full ensuites bathrooms. WEST FACING BACKYARD with massive deck to soak in the sunshine. Concrete walk way leads to your large DOUBLE DETACHED GARAGE. Lastly, the unfinished basement awaits your creative touch. Great value for a savvy home buyer, who is seeking NO CONDO FEES and an unbeatable price. Easy access to recreation, major roadways, shopping and the South Health Hospital. You will love living here! Check out the 3D TOUR and book a showing before it's too late! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 5.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.83 Ft x 6.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| Bedroom | 11.42 Ft x 11.58 Ft | |
| Primary Bedroom | 10.83 Ft x 13.00 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
-6.99%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,238
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 14, 2026.
Buyer-fit signals
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