$507,500
51 Mercado Lane SEMahogany, Calgary, AB T3M 4P9
- 3 beds
- 3 baths
- 1,378 sq ft
- Row/Townhouse
Listing courtesy of CIR Realty · MLS® A2342453
About this home
INTRODUCING THE MONOCLE AT MAHOGANY! QUALIFIED FIRST TIME BUYERS WOULD QUALIFY FOR THE FIRST TIME HOME BUYERS GST REBATE. 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 FRANCIS floor plan welcomes you with generous livings space of 1378 sf and TANDEM GARAGE OFFERING ROOM FOR 2 VEHICLES. . 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 THREE generous bedrooms; the primary suite boasts a walk in closet & private ensuite. Bedrooms 2 & 3 can share the 4 pce main bathroom. Your laundry room is conveniently located on the upper level adding practicality to everyday living. 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 to illustrate finishings. This unit will be ready for possession end of November
Key facts
- Type
- Row/Townhouse
- Style
- 2 Storey
- Year built
- 2026
- Living area
- 1,378 sq ft
- Lot
- 1,241 sq ft
- Bedrooms
- 3
- Bathrooms
- 2 full, 1 half
- Parking
- 2-car garage
- Condo / HOA fee
- $187 monthly
- Price per sq ft
- $368
- Days on market
- 36
- Listed
- September 4, 2026
- Community
- Mahogany
- Municipality
- Calgary
Features
Interior
- Features
- Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, See Remarks
- Appliances
- Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer Stacked
- Flooring
- Carpet, Vinyl Plank
- Heating
- Forced Air, Natural Gas
- Laundry
- Upper Level
- Included
- none
Suite
- Suite
- No
Building
- Structure
- Five Plus
- Levels
- Three Or More
- Shared walls
- 2+ Common Walls
- Construction
- Cement Fiber Board
- Roof
- Asphalt
- Foundation
- Poured Concrete
- Builder
- Excel Homes LP
- Building name
- Z-name Not Listed
- Floor
- Ground
- New construction
- Yes
Exterior & lot
- Exterior
- Other
- Lot
- Irregular Lot
- Front faces
- W
- Lot size
- 1,241 sq ft
- Zoning
- m-g
Parking
- Garage spaces
- 2
- Total parking
- 2
- Details
- Double Garage Attached, Tandem
Condo / HOA
- Fee
- $187 monthly
- Fee includes
- Amenities of HOA/Condo, Common Area Maintenance, See Remarks
- Amenities
- Beach Access
- Pets
- Yes
- Restrictions
- Pets Allowed
- Ownership
- Bare Land Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Rooms
| Room | Level | Size |
|---|---|---|
| Foyer | Main | 10'4" x 6'10" |
| Furnace/Utility Room | Main | 5'5" x 3'2" |
| Living Room | Second | 16'8" x 16'1" |
| Kitchen | Second | 12'8" x 12'3" |
| Dining Room | Second | 11'10" x 11'1" |
| Balcony | Second | 15'10" x 70'0" |
| 2pc Bathroom | Second | 5'10" x 5'0" |
| Bedroom - Primary | Third | 11'5" x 11'3" |
| 3pc Ensuite bath | Third | 8'1" x 7'1" |
| Bedroom | Third | 13'3" x 8'1" |
| Bedroom | Third | 9'11" x 8'7" |
| 4pc Bathroom | Third | 8'1" x 4'10" |
Location
Mahogany
Calgary’s largest lake community, with beaches, wetlands and an urban village.
Schools, amenities, prices and my take on Mahogany →Monthly cost estimate
- Mortgage $2,382
- Condo / HOA fee $187
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $25,750.
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Listing last updated: Oct 5, 2026, 12:15 a.m.