7355 MERCADO AV SE

MAHOGANY

$5,290,000

Current assessed value

Property

Property Details

Building Type

Non-dwelling parcel

Vacant land

Year Built

Land Size (sq ft)

128,702

Assessment Value & Trend

History of assessed value for this property

$5,290,000

Permits & Renovations

No building permits on record

Basement & Legal Suite

Is Finished

No

Is Legal Suite

No

Community context

High Competition

There are 741 registered legal suites in MAHOGANY. Competition for basement rentals in this community is high.

Competition is already significant here. Legalizing a basement suite may be harder to monetize, as many other legal suites are competing for the same renters.

Rental opportunity

As of Aug 3, 2026

Active rents in MAHOGANY from RentFaster. Median rents below combine all bedroom sizes for each dwelling type.

Overall

$1,800

123 listings

Median apartment

$2,075

38 listings

Median townhouse

$2,175

18 listings

Median house

$2,573

22 listings

Median basement

$1,299

45 listings

Proximity to Amenities

Nearest LRT

10.0 km

NB Somerset - Bridlewood CTrain Station

Bus Stop 1

780 m

EB Masters AV SE @ Marine DR SE

Bus Stop 2

820 m

WB Masters AV @ Marine DR SE

Bus Stop 3

870 m

EB Masters AV @ Master HT SE

Downtown

20.2 km

Central Memorial Park

Fitness

1.3 km

Brookfield Residential YMCA at Seton

fitness

Costco

14.2 km

Costco

Costco

Grocery

5.6 km

Safeway

Safeway

Home Improvement

5.4 km

Rona

Rona

Elementary

1.4 km

Bayside School

The Calgary School Division

108% utilization

Junior High

1.8 km

Prince of Peace School

The Calgary Roman Catholic Separate School Division

Senior High

1.4 km

Joane Cardinal-Schubert High School

The Calgary School Division

123% utilization

Environmental Factors

Flood zones, emergency-service noise, shelter proximity, and hail exposure for this property and its community.

Flood Hazard

Calgary 1:100 year regulatory map

2.1 km

to nearest zone / facility

Normal River Channel

 

Hail Hazard Risk

Historical storm exposure

Low

community historical rating

MAHOGANY

 

Emergency Noise

Hospitals, fire & EMS stations

1.7 km

to nearest zone / facility

South Health Campus

Hospital

Emergency Shelter

Permanent Calgary shelter sites

17.3 km

to nearest zone / facility

Forest Lawn Shelter

Calgary Drop-In Centre

Proximity to emergency shelters may correlate with higher foot traffic. This is a lifestyle indicator, not a crime or safety score.

Nearby assessed values

See how this property compares to neighbours on the same block and in the wider surrounding area.

This property

$5,290,000

Lowest nearby

Average nearby

Highest nearby

Based on 0 residential properties within 50 m · 2026 assessment roll.

Location

Community Overview

Community Name

MAHOGANY

Total Properties

8,512

Population

13,860

Crime Rate Trend

Reported incidents in 20182025

106 incidents in 2025 · Crime down 3% from 2018

Income

Median income

Compared to Calgary average where available

Household

$142,000

Calgary avg: $98,000

Individual

$65,000

Calgary avg: $44,400

Male individual

$79,500

Calgary avg: $50,400

Female individual

$52,000

Calgary avg: $39,600

Housing

Owners vs renters

% of households by tenure vs Calgary

Housing affordability

% of households by shelter cost burden vs Calgary

Diversity

Immigration status

% of population by immigration status vs Calgary

Religious affiliation

% of population by religion vs Calgary

Education

Education levels

% of population aged 15+ by credential vs Calgary

Languages

Top mother tongues

First language learned at home

RankThis communityCalgary average
1SpanishPunjabi (Panjabi)
2Tagalog (Pilipino, Filipino)Tagalog (Pilipino, Filipino)
3RussianYue (Cantonese)
4ArabicMandarin
5Punjabi (Panjabi)Spanish

Immigration

Top countries of birth

Where immigrants in this community were born

RankThis communityCalgary average
1PhilippinesPhilippines
2IndiaIndia
3Other places of birth in AsiaChina
4United KingdomUnited Kingdom
5ChinaPakistan

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