Skip to content
Dana Paes Logo
Home/Property Search/5 Masters Street
Virtual Tour
New
0 days on market
$590,000est. $3,060/mo*
5 Masters StreetCalgary, AB T3M2R5
4Beds
3Baths
1,796Sq Ft
2017Year Built
0On Market

About this home

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. (id:54561)

Property details

MLS® NumberA2346750
Property TypeHouse
Lot Size359 m²
Annual Taxes$4,545 (2026)
Parking2 total

Monthly payment

Down payment
20% · $118,000
%
yrs
Principal & interest$2,757
Property tax (est.)$304
All-in monthly*$3,060

*Estimate. Includes principal & interest, an estimated Calgary property-tax mill rate, and the condo fee when the listing has one. Not a lender quote or a substitute for a tax assessment.

Price history

Sep 20, 2026Listed — $590,000

History tracked from August 2026.

New
0 days on market
$590,000est. $3,060/mo*
5 Masters StreetCalgary, AB T3M2R5 · Mahogany
MLS® NumberA2346750

Presented by Dana Paes, Real Broker · All prices in CAD