Mahogany

Welcome to Mahogany, Calgary’s premier lake community, where urban living meets natural beauty.

Calgary’s Largest Lake

At the heart of Mahogany lies a 63-acre freshwater lake, the largest in the city, providing year-round recreational activities such as swimming, boating, paddleboarding, and fishing. In the winter months, the lake transforms into a picturesque setting for ice skating and hockey.







Beaches and Beach Club

Residents enjoy access to multiple sandy beaches and the Mahogany Beach Club, a 22,000 square foot facility that serves as a hub for community events and gatherings. The Beach Club offers indoor and outdoor spaces, including fitness facilities, meeting rooms, and a gymnasium.







Natural Wetlands and Pathways:

Mahogany boasts 74 acres of natural wetlands and 22 kilometers of scenic pathways, perfect for walking, jogging, and cycling. These green spaces promote an active lifestyle and provide serene environments for relaxation and wildlife observation.







Diverse Housing Options

The community offers a wide range of housing styles, from stylish condos and townhomes to spacious single-family residences, catering to various preferences and lifestyles. As of December 2024, the average home price in Mahogany is approximately $789,346, reflecting its status as a desirable neighborhood.







Proximity to Amenities

Located in Calgary’s southeast quadrant, Mahogany is conveniently close to major roadways such as Stoney Trail and Deerfoot Trail, providing easy access to downtown Calgary and other parts of the city. The nearby Seton Urban District offers additional amenities, including shopping, dining, and entertainment options.







Vibrant Urban Village

Mahogany features a lively Urban Village with over 30 retail shops, services, and dining options. Whether you’re looking for a cozy café, a fine dining experience, or everyday essentials, the Urban Village caters to all your needs, adding convenience and vibrancy to the community.

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36 Mercado Road SE

Mahogany Calgary T3M 3Y4

$624,900

Residential beds: 3 baths: 3.0 1,716 sq. ft. built: 2026

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential

MLS® Num:

A2309938

Bedrooms:

3

Bathrooms:

3

Year Built:

2026

• Photos (49)

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Welcome to this brand-new “Lyall” floor plan, a beautifully designed home that blends modern elegance with thoughtful everyday functionality. From the moment you step inside, you’re welcomed by soaring 10’ ceilings and warm, natural luxury vinyl plank flooring that flows throughout the entire main level. At the front of the home, a versatile flex room offers the perfect space for a home office, reading nook, play area, or homework zone. As you move toward the back of the home, the open-concept layout unfolds into a bright and inviting living space designed for connection. The cozy living room, oversized dining area, and beautifully finished kitchen all work together to create a main floor that feels both stylish and practical. At the heart of the home, the kitchen features timeless white cabinetry, white quartz countertops, stainless steel appliances, a spacious island, and a modern backsplash that wraps the standalone hood fan for a polished, elevated look. It’s a space that feels clean, bright, and ready for everything from busy weekday mornings to relaxed weekend entertaining. Upstairs, a smartly positioned central loft offers a flexible second living space while creating separation between the primary suite and the additional bedrooms. The large primary bedroom is a peaceful retreat, complete with a walk-in closet and a spa-inspired 4-piece ensuite with dual sinks. Two additional bedrooms provide plenty of space for kids, guests, or a growing family, while the full 4-piece bathroom and upper laundry room add everyday convenience. A secondary entrance adds even more future flexibility, offering potential for a guest suite, in-law space, or additional living area(A secondary suite would be subject to approval and permitting by the city/municipality). Out back, the yard is a blank canvas ready for your vision, whether that means a future deck, garden, play space, or the perfect setup for those warm, long summer evenings in Mahogany. Located in the vibrant four-season lake community of Mahogany, this home offers more than just a beautiful interior. Residents enjoy access to Calgary’s largest freshwater lake, two private beaches, the Beach Club, tennis courts, skating rinks, fishing spots, playgrounds, and over 22 km of scenic pathways and wetlands. The community also features a bustling Village Market with restaurants, cafés, fitness studios, shopping, and nearby access to the South Health Campus and Seton Urban District. Whether it’s paddleboarding in the summer, skating in the winter, or simply enjoying sunset walks around the wetlands, Mahogany is a lifestyle destination where every day feels like a getaway. This is your chance to experience it all in a brand-new home that truly stands out. For a limited time, eligible buyers purchasing a new Hopewell spec home with move-in before December 31, 2026, can choose from three incentive packages valued at up to $5,000; conditions apply and details must be confirmed with Hopewell Residential.

General Info:

Property Type:

Residential

Property Sub Type:

Detached

Condo Type:

Not a Condo

Transaction Type:

For Sale

Possession:

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Possession Date:

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Suite:

No

Num Legal Suites:

0

Num Illegal Suites:

0

Home Style:

2 Storey

Total Living Area:

1,716 sq. ft.159 m2

Main Level Finished Area:

876 sq. ft.81.4 m2

Upper Level Finished Area:

840 sq. ft.78 m2

Lower Level Finished Area:

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Above Grade Finished Area:

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Taxes:

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Tax Assessed Value:

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HOA Fee Frequency:

Annually

HOA Fee Includes:

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Acreage:

No

Lot Area:

2,744 sq. ft.255 m2

Lot Frontage:

25'5"7.74 m

Acres Cleared:

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Acres Cultivated:

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Acres Irrigated:

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Acres Leasehold:

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Acres Not Cultivated:

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Acres Freehold:

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Acres Seeded:

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Acres Tame Hay:

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Acres Treed:

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Acres Waste:

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Acres Water Rights:

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Front Exposure:

West

Reg. Size:

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Reg. Size Includes:

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Entry Level:

1

Levels:

Two

Total Rooms Above Grade:

7

Year built:

2026 (Age: 0)

Bedrooms:

3 (Above Grd: 3)

Bedrooms Above Grade:

3

Bedrooms On Main:

0

Bedrooms Below Grade:

0

Bathrooms:

3.0 (Full:2, Half:1)

Num Ensuite Baths:

1

Plan:

2510243

Additional Info:

Heating:

Forced Air, Natural Gas

Basement:

Full, Unfinished, Separate/Exterior Entry

Foundation:

Poured Concrete

Builder:

Hopewell Residential

New Constr.:

Yes

Construction Material:

Cement Fiber Board, Wood Frame

Structure Type:

House

Roof:

Asphalt Shingle

Ensuite:

Yes

Flooring:

Carpet, Ceramic Tile, Vinyl Plank

Cooling:

None

Fireplaces:

0

Garage:

No

Parking:

Parking Pad

Parking Places:

2

Parking Total/Covered:

2 / -

Laundry Features:

Upper Level

HOA Fee:

$621.65

City Quadrant:

Southeast

Community:

Mahogany

Amenities:

None

Appliances:

Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator

Inclusions:

N/A

Restrictions:

None Known

Room Information:

Floor

Type

Size

Other

Main Floor

Living Room

12'7"3.84 m × 10'8"3.25 m

Main Floor

Dining Room

12'5"3.78 m × 9'6"2.90 m

Main Floor

Kitchen

14'4.27 m × 12'5"3.78 m

Main Floor

Flex Space

9'6"2.90 m × 9'4"2.84 m

Upper Level

Loft

10'2"3.10 m × 9'3"2.82 m

Upper Level

Bedroom - Primary

12'4"3.76 m × 11'8"3.56 m

Upper Level

Bedroom

10'3.05 m × 9'3"2.82 m

Upper Level

Bedroom

10'3.05 m × 9'3"2.82 m

Upper Level

Laundry

6'8"2.03 m × 5'1.52 m

Bathrooms:

Floor

Ensuite

Pieces

Other

Main Floor

No

2

5' x 5'6"

Upper Level

Yes

4

6'3" x 9'

Upper Level

No

4

5' x 8'11"

Land Info:

Title to Land:

Fee Simple

Community Features:

Clubhouse, Fishing, Lake, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Interior Features:

Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters

Exterior Features:

BBQ gas line

Patio And Porch Features:

None

Lot Features:

Back Lane, Level, Rectangular Lot, Street Lighting

Num. of Parcels:

0

Fencing:

None

Region:

Calgary

Zone:

CAL Zone SE

Zoning:

R-G

Listing Info:

Listed Date:

May 12, 2026

Days on Mkt:

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Listed by Real Broker

Data was last updated November 14, 2026 at 02:05 AM (UTC)

Area Statistics

Listings on market:

124

Avg list price:

$652,450

Min list price:

$214,900

Max list price:

$2,149,900

Avg days on market:

49

Min days on market:

1

Max days on market:

419

Avg price per sq.ft.:

$401.87

These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• MARK VERZYL
• GREATER YYC GROUP
• +1 403-617-9998
• Contact by Email

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Why Choose Mahogany?

Mahogany seamlessly blends the tranquility of lakeside living with the convenience of urban amenities. Its strong sense of community, combined with top-tier recreational facilities and diverse housing options, makes it an ideal choice for families, professionals, and retirees alike. The neighborhood’s commitment to preserving natural landscapes and providing high-quality amenities has earned it recognition as Calgary’s Community of the Year multiple times.

A Thriving Community Awaits You

Mahogany isn’t just a neighborhood; it’s a lifestyle. From family-friendly events like summer festivals and holiday markets to group fitness classes and community clubs, Mahogany fosters connection and camaraderie among its residents. Its thoughtfully designed spaces and welcoming atmosphere create an environment where friendships thrive, families grow, and memories are made. Whether you’re enjoying a quiet evening by the lake or participating in one of the many community activities, Mahogany offers a living experience that goes beyond the ordinary.