Active

MAHOGANY

833 Marine Drive Se, Calgary, AB

$619,900

Residential · MLS® A2293497
3Bedrooms
3Bathrooms
1,720Sq Ft
2Garage
2026Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this brand-new “Joni” floor plan—an intelligently designed semi-detached home offering stylish finishes, thoughtful functionality, and an exceptional location in one of Calgary’s most sought-after lake communities. Perfectly positioned directly across from the historic Ollerenshaw Heritage Ranch, this home offers a unique setting that blends Mahogany’s modern lifestyle with a sense of character, open space, and community charm that is truly hard to replicate. Inside, the main floor immediately impresses with soaring 10’ ceilings, wide-plank luxury vinyl flooring, and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,720 sq ft
Lot Size2,817 sq ft
ZoningR-2M
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorBBQ gas line
BasementFull
Year Built2026
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$315After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-3.0%With 20% down payment
Est. Monthly Rent$3,160Based 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 Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Danny James · Real Broker