15 hours on Market

5 Masters St, Calgary, Alberta T3M 2R5

Detached
4
3
~1795.87 sqft
$623,000
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Detached
4
3
~1795.87 sqft

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Highlights

Property Estimate

Days on market15 hours

Estimated valueNot available

Price/Sqft$346/sqft

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Description

Welcome to this exceptional JAYMAN BUILT home nestled in award-winning Mahogany Lake community, renowned for its stunning natural beauty and exceptional amenities. This beautifully designed two-story residence offers ample space, abundant natural light, and a harmonious blend of modern living and traditional charm. Situated on a corner lot, this home boasts an open-concept layout on the main floor, ideal for contemporary living and entertaining. The spacious living and dining area is complemented by an electric fireplace, while the well-appointed kitchen features a pantry and ample counter space. A rare main-floor bedroom and full bathroom provide flexibility for guests, accommodating multi-generational living or a private home office. Ascending to the upper level, you will discover three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and a luxurious four-piece ensuite bathroom. The upper level also offers two additional bedrooms, a full bathroom, convenient laundry facilities, and an open flex/den area, perfect for a study space or playroom. The unfinished basement holds great potential for future customization, allowing you to design it according to your unique preferences. It also offers a deck and two cars parking at the back and the option for future garage development. Residing in Mahogany Lake means embracing one of Calgary’s most sought-after lake communities, centered around the city’s largest freshwater lake, Mahogany Lake, spanning approximately 64 acres. Residents enjoy year-round recreational opportunities, including swimming, paddle sports, fishing, beach volleyball, skating rinks, and scenic walking and cycling paths. The community hub, Mahogany Beach Club, offers a splash park, picnic and barbecue areas, natural gas fire pits, a fishing dock, and a spacious 21,000 sq ft clubhouse. Nearby, Mahogany Wetlands provide 74 acres of preserved natural habitat and access to over 22 km of walking, jogging, and cycling trails. Conveniently located just minutes from South Health Campus, this home is complemented by excellent nearby schools, including Divine Mercy School and Mahogany School. It delivers the perfect combination of space, lifestyle, and investment potential within one of Calgary’s premier lake communities.


Property Details

Style2 Storey
View-
Age of property2017
SqFt~1795.87 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2297137
Community NameMahogany
Data SourcePILLAR 9
Listing byREMAX Innovations

Features

Heating: Forced Air
Basement: Full,Unfinished,Other

Main Floor

3pc Bathroom

9`3" x 4`11"

Bedroom

11`7" x 9`4"

Dining Room

18`10" x 9`10"

Foyer

7`1" x 9`2"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Apr 2, 2026
ListedActive
$623,000
15 hours on market
history photo preview48
Listing by pillar 9®
Property listed by REMAX Innovations, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2025

28 days

2024

27 days

2023

24 days

New Listings

Past 30 days

44 listings

Compared to

2025

51 listings

2024

32 listings

2023

32 listings

Units sold

Past 30 days

28 units

Compared to

2025

19 units

2024

30 units

2023

18 units

Median Sold Price

Past 30 days

$756,750

Compared to

2025

$800,000

2024

$847,500

2023

$663,264


Population and Demographics

Overview

Total population 8309
Average household income $151,401

Age (%)

0 to 19
30%
20 to 34
22%
35 to 49
30%
50 to 64
10%
65 and plus
7%

Household composition (%)

Single family
72%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
79%
Tagalog (Pilipino, Filipino)
4%
Spanish
4%
Russian
2%
Mandarin
1%
Arabic
1%
French
1%
Punjabi (Panjabi)
1%
Korean
1%
Others
0%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget