Browse listings

51 Mercado Lane SE, Calgary

$486,500

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.

Essential information

MLS® number
A2342453
Status
Active
Price
$486,500
Property type
Residential
Type
Row/Townhouse
Transaction
For Sale
Bedrooms
3
Bathrooms
2 full, 1 half
Living area
1,479 sq ft
Lot size
1,241 sq ft
Year built
2026
Structure
Five Plus
Style
2 Storey
Levels
Three Or More
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System

Condominium

Complex
Z-name Not Listed
Condo fee
$187 Monthly
Fee includes
Amenities of HOA/Condo, Common Area Maintenance, See Remarks
Amenities
Beach Access
Pets
Yes
Restrictions
Pets Allowed
Floor
1

Interior

Heating
Forced Air, Natural Gas
Flooring
Carpet, Vinyl Plank
Appliances
Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer Stacked
Features
Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, See Remarks
Fireplaces
0
Laundry
Upper Level

Exterior and construction

Features
Other
Construction
Cement Fiber Board
Roof
Asphalt
Foundation
Poured Concrete
Lot features
Irregular Lot
Frontage
5.50M 18`1"
Zoning
m-g
New construction
Yes

Parking

Total parking
2
Garage spaces
2
Features
Double Garage Attached, Tandem

Community

City
Calgary
Province
AB
Postal code
T3M 4P9
Features
Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Mortgage calculator

Canadian semi-annual compounding, and the CMHC premium included where it applies — both of which most calculators get wrong.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

$
%
%
yrs

Everything else

$
$
$
Monthly, all in—
Down payment
—
CMHC insurance added to the loan
—
Mortgage amount
—
Mortgage payment monthly
—
Property tax monthly
—
Condo fee and utilities monthly
—
Total interest over the full amortization
—

—

An estimate, not a mortgage quote and not financial advice. Your rate, your amortization and whether you qualify at all are a lender’s decision. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in homes in Calgary reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in homes comes up.

Similar properties to MLS® #A2342453

MLS® data last updated Nov 8, 2026, 7:10 a.m. (Mountain Time).

Call WhatsApp Email Instagram