Dobey Realty

$507,500 · For Sale

51 Mercado Lane SE, Calgary, Alberta

3Bedrooms
2+1Bathrooms
1,378sq ft
115m² Lot
40Days on Market

About This Property

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 f or possession end of November

Key Features

  • Built in 2026
  • Basement: None
  • Attached Garage, Tandem Parking
  • Lake Privileges
  • Pets Allowed
  • Forced air, Natural gas Heat

Property Details

Community Mahogany
Property Type Townhouse
Building Type Row / Townhouse
Style Attached
Storeys 3
Year Built 2026
Ownership/Title Freehold (condo fee applies)
MLS® Number A2342453

Bedrooms & Bathrooms

Bedrooms 3
Above Grade 3
Below Grade 0
Bathrooms 3
Full Bathrooms 2
Partial Bathrooms 1

Size

Finished Area 1,378 sq ft

Interior

Appliances Included Refrigerator, Dishwasher, Stove, Microwave, Washer/Dryer Stack-Up
Flooring Carpeted, Vinyl Plank
Basement None

Building

Heating Forced air, Natural gas
Cooling None
Foundation Poured Concrete
Features No Animal Home, No Smoking Home

Parking

Parking Type Attached Garage, Tandem
Parking Spaces 2

Neighbourhood

Community Features Lake Privileges, Pets Allowed, Fishing

Land

Land Size 115 m² Lot
Frontage 5.50 m (18.0 ft)
Fencing Not fenced
Zoning m-g

Financial

Condo Fee $187/mo
Fee Includes Common Area Maintenance, Other, See Remarks, Condominium Amenities
Property Taxes $1,500/yr (2026)

Rooms

Main Level

Foyer 6′10″ × 10′4″ 2.08 × 3.15 m
Furnace 3′2″ × 5′5″ 0.97 × 1.65 m

Second Level

Living room 16′1″ × 16′8″ 4.90 × 5.08 m
Kitchen 12′3″ × 12′8″ 3.73 × 3.86 m
Dining room 11′1″ × 11′10″ 3.38 × 3.61 m
Other 70′0″ × 15′10″ 21.34 × 4.82 m
2pc Bathroom 5′0″ × 5′10″ 1.52 × 1.78 m

Third Level

Primary Bedroom 11′3″ × 11′5″ 3.43 × 3.48 m
3pc Bathroom 7′1″ × 8′1″ 2.16 × 2.46 m
Bedroom 8′1″ × 13′3″ 2.46 × 4.04 m
Bedroom 8′7″ × 9′11″ 2.62 × 3.02 m
4pc Bathroom 4′10″ × 8′1″ 1.47 × 2.46 m

Room measurements are supplied by the listing brokerage and are approximate.

Location

Get Directions →

Map location is approximate.

Estimated Monthly Payment

$2,155/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

  • Mortgage$2,155
  • Condo fee$187
  • Property tax$125
  • Estimated total$2,467/mo
Customize This Estimate →
Listing courtesy of CIR Realty · Calgary Real Estate Board
View on REALTOR.ca

Get alerts for homes like this

Be first to know. I’ll email you when new listings match: Townhouses in Mahogany, Calgary, $430k-$590k, 2+ beds.

Powered by REALTOR.ca

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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.