01 / Property Detail

MAHOGANY

7121, 1802 Mahogany Boulevard Se, Calgary, AB

$489,900

Residential · MLS® A2280952
2Bedrooms
2Bathrooms
974Sq Ft
1Garage
2025Year Built
02 / Overview

PROPERTY OVERVIEW

Logel Homes presents the Atwood 3, a thoughtfully designed two-bedroom, two-bathroom floor plan located in their award-winning Waterside development within the lake community of Mahogany. This exceptional home features air conditioning, 41" upper cabinets with soft-close hardware, luxury vinyl plank flooring, tile finishes, stainless steel appliances, pot lighting, and an oversized patio door that enhances natural light. Quick Possession Available

Each unit includes titled parking, a private storage locker, and comes standard with Logel’s Energy Recovery Ventilation system and advanced sound...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area974 sq ft
ZoningM-2
HeatingBaseboard • Hot Water
CoolingWall/Window Unit(s)
ParkingParkade • Secured • Titled • Underground
ExteriorBalcony • Playground
BasementNone
Year Built2025
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,443After mortgage & expenses
Cap Rate0.9%Based on market rents
Cash on Cash Return-17.7%With 20% down payment
Est. Monthly Rent$1,805Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MAHOGANY

Moderate Investment
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Investment Score72/100
Avg Home Price$680K
Active Listings106
Listed by Steve Zacher · RE/MAX Real Estate (Mountain View)