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Home Communities Mahogany 69 MERCADO Lane SE
$446,900 Active
69 MERCADO Lane SE · Calgary · T3M 4C2
2 bd 3.0 ba 1,240 sqft $360/sqft Built 2026
MLS® A2329290 · Listed Jul 16, 2026
Listed by CIR Realty — Jan Graham, Ian Porter
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $360
vs Mahogany median -40% community avg $740K
Sqft per bedroom 620
Year built 2026
Annual taxes $1,000 2026
Garage 1 space
$/sqft distribution

Where this listing sits in Mahogany

Of 152 active residential listings in Mahogany, this property at $360/sqft sits in the $350–400 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 23 listings $350–$400/sqft · 47 listings $400–$450/sqft · 33 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 · $360
Other active listings This listing's price range This listing

About this property

INTRODUCING THE MONOCLE AT MAHOGANY! QUALIFIED FIRST TIME BUYERS WOULD QUALIFY FOR THE FIRST TIME HOME BUYERS GST REBATE. In addition, seller is offering a SOAK UP THE SUN DISCOUNT of $15K (promotion can be cancelled at any time). Be among the first to own in this exciting brand-new townhome complex in Calgary's premier lake community of Mahogany! These pet-friendly townhomes combine striking modern design with timeless Western Canadian architecture, offering premium finishes and low-maintenance living you'll love. The thoughtfully designed MADISON floor plan welcomes you with an oversized single attached garage and a spacious storage room for your paddleboards and other toys.. This home is roughed in for A/C and your private balcony spans the whole width of your home! Upstairs, the bright and airy main living space showcases an expansive kitchen with beautiful stone countertops, abundant cabinetry, luxury vinyl plank flooring, a generous dining area and oversized windows that flood the home with natural light. The elegant color palette creates a warm, sophisticated atmosphere with carefully curated high-end finishes throughout. The upper level features TWO generous bedrooms, each with its own 4 piece ensuite and walk in closets, while the conveniently located upper-floor laundry adds everyday practicality. Living in Mahogany means enjoying one of Calgary's most sought-after communities, with exclusive private lake access, a spectacular 63-acre lake and beach club, playgrounds, sports courts, skating rink, over 22 km of scenic pathways, outstanding schools, shopping, restaurants ranging from casual to upscale dining, everyday services, and quick access to the South Health Campus. Built by award-winning Excel Homes, a trusted Alberta builder with more than 35 years of experience, over 15,000 homes built, and more than 75 industry awards, this is an exceptional opportunity to invest in quality, lifestyle, and lasting value. NOTE: photos are from the show home. This unit will be ready for possession end of August.

Property details

Bedrooms2
Bathrooms3.0
Style3 (or more) Storey
HeatingForced Air,Natural Gas
CoolingRough-In
FlooringCarpet,Vinyl Plank
LevelsThree Or More
BasementNone
Interior featuresHigh Ceilings,No Animal Home,No Smoking Home,Open Floorplan,Quartz Counters,See Remarks
AppliancesDishwasher,Electric Stove,Microwave,Refrigerator,Washer/Dryer Stacked
Inclusionsroughed in for A/c
LaundryUpper Level
Lot size86.00 sqft
Frontage15.85 ft
Lot featuresRectangular Lot
Exterior featuresBalcony
FencingNone
PatioBalcony(s)
Year built2026
New construction1
Construction materialsCement Fiber Board
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOversized,Single Garage Attached
Garage spaces1
Parking total1
Annual taxes$1,000
Tax year2026
Possession30 Days / Neg,By Date Specified
ZoningM-G
TitleFee Simple
RestrictionsPets Allowed,See Remarks
NeighbourhoodMahogany
Community featuresClubhouse,Fishing,Lake,Park,Playground,Pond,Schools Nearby,Shopping Nearby,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.
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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: CIR Realty — Jan Graham, Ian Porter.