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Home Communities Mahogany 198 Masters Avenue SE
$565,000 Terminated
198 Masters Avenue SE · Calgary · T3M2B7
3 bd 4.0 ba 1,186 sqft $476/sqft Built 2016
MLS® A2268491 · Listed Nov 3, 2025
Listed by Real Broker — Brook Bailly
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $476
vs Mahogany median -24% community avg $742K
Sqft per bedroom 395
Year built 2016
Annual taxes $3,470 2025
Mahogany avg DOM 41d
$/sqft distribution

Where this listing sits in Mahogany

Of 150 active residential listings in Mahogany, this property at $476/sqft sits in the $450–500 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 23 listings $350–$400/sqft · 46 listings $400–$450/sqft · 32 listings $450–$500/sqft · 14 listings $500–$550/sqft · 6 listings $550–$600/sqft · 2 listings $600–$650/sqft · 2 listings $650–$700/sqft · 10 listings $700–$750/sqft · 3 listings $750–$800/sqft · 2 listings $800–$850/sqft · 2 listings $850–$900/sqft · 2 listings $900–$950/sqft · 1 listing $950–$1000/sqft · 0 listings $1000–$1050/sqft · 2 listings $1050–$1100/sqft · 0 listings $1100–$1150/sqft · 1 listing $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 0 listings $1400–$1450/sqft · 1 listing $250 $350 $450 $550 $650 $750 $850 $950 $1050 $1150 $1250 $1350 $1450 This · $476
Other active listings This listing's price range This listing

About this property

Welcome to this stylish duplex in sought-after Mahogany, featuring large double master suites and a fully developed basement! With 3 bedrooms and 3.5 bathrooms, this home offers the perfect blend of comfort and functionality. The open-concept main floor is bright and inviting, with modern finishes and a well-designed kitchen. Upstairs you'll find two spacious master bedrooms, each with its own ensuite. The fully finished basement adds a third bedroom, full bath, and flexible living space—ideal for guests, a home office, or a rec room. Enjoy lake living, parks, and all the amenities Mahogany has to offer!

Property details

Bedrooms3
Bathrooms4.0
Style2 Storey,Attached-Side by Side
HeatingHigh Efficiency,Forced Air,Natural Gas
CoolingCentral Air
FlooringCarpet,Laminate
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,High Ceilings,Kitchen Island,No Smoking Home,Quartz Counters,Soaking Tub,Vinyl Windows,Walk-In Closet(s)
AppliancesDishwasher,Dryer,Gas Range,Microwave Hood Fan,Refrigerator,Washer
InclusionsParking canopy
LaundryIn Basement
Lot size3013.00 sqft
Frontage26.77 ft
Lot featuresBack Lane,Back Yard,Front Yard,Fruit Trees/Shrub(s),Landscaped,Lawn,Level,Private
Exterior featuresPrivate Yard
FencingFenced
PatioDeck
Year built2016
Construction materialsBrick,Composite Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAdditional Parking,Alley Access,Off Street,Parking Pad
Parking total2
Annual taxes$3,470
Tax year2025
PossessionNegotiable
ZoningR2-M
TitleFee Simple
RestrictionsNone Known
NeighbourhoodMahogany
Community featuresClubhouse,Fishing,Lake,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
List AORCalgary

Location

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About Mahogany

AI-generated summary

Calgary's largest lake community offers a resort-style lifestyle centred around a private beach club and crystal-clear lake, blending suburban comfort with recreational living. It consistently ranks among Calgary's most sought-after newer communities.

Mahogany Lake is the largest private residential lake in Calgary
The community is master-planned by Hopewell Residential
Residents enjoy year-round lake activities including swimming in summer and skating in winter
Housing
Predominantly single-family detached homes, semi-detached, and townhomes built largely from the 2010s onward, with a growing selection of lake-front and lake-access properties across multiple price points.
Transit
Served by Calgary Transit bus routes with the 69 Street CTrain station reachable via connecting service; the community is car-dependent for most daily errands.
Amenities
Mahogany Village Market provides groceries, dining, and retail on-site, while the residents-only beach club features a splash park, fire pits, and year-round lake access for swimming and skating.
Who lives here
Primarily young families and professionals attracted by the lake lifestyle, newer construction, and strong sense of community in Calgary's southeast.
Full Mahogany community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Real Broker — Brook Bailly.