pillar/IMG-A2329290_1.jpg
2 days on Market

69 MERCADO Lane, Calgary, Alberta T3M 4C2

Townhouse
2
3 + 1
~1240.00 sqft
$446,900
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Townhouse
2
3 + 1
~1240.00 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$360/sqft

Monthly cost

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Description

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

Style3 (or more) Storey
View-
Age of property2026
SqFt~1240.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2329290
Community NameMahogany
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air,Natural Gas
Cooling: Rough-In

Upper Floor

Kitchen

44`0" x 29`10"

Dining Room

38`9" x 37`9"

Great Room

46`3" x 39`0"

Bedroom - Primary

39`8" x 33`2"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property History

Jul 16, 2026
ListedActive
$446,900
2 days on market
history photo preview6
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

73 days

Compared to

2025

103 days

2024

28 days

2023

24 days

New Listings

Past 30 days

6 listings

Compared to

2025

7 listings

2024

4 listings

2023

3 listings

Units sold

Past 30 days

6 units

Compared to

2025

4 units

2024

3 units

2023

2 units

Median Sold Price

Past 30 days

$450,000

Compared to

2025

$624,900

2024

$540,000

2023

$473,500


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