For Sale · Calgary · Single Family

$565,000

198 Masters Avenue SE, Calgary

Beds

4 (1 half)

Baths

1,186

Sq Ft

2016

Built

About This Home

The details.

Welcome to this stylish duplex in sought-after Mahogany, featuring large double master suites and a fully developed basement! With 3 bedrooms and 3.5 bathrooms, this home offers the perfect blend of comfort and functionality. The open-concept main floor is bright and inviting, with modern finishes and a well-designed kitchen. Upstairs you'll find two spacious master bedrooms, each with its own ensuite. The fully finished basement adds a third bedroom, full bath, and flexible living space—ideal for guests, a home office, or a rec room. Enjoy lake living, parks, and all the amenities Mahogany has to offer! (id:66635)

Summarizing the highlights...

MLS® A2311917Listing courtesy of Real BrokerView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 2016
Size: 1,186 sqft
Lot size: 280 square meters
Storeys: 2
Parking: 2 spaces
Listed on: 2026-05-15
Days on market: 61
MLS number: A2311917
Data source: Calgary Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Juliana Miu
VP Investor Management
Commercial, Residential, Investment Properties
Profile 604.889.5007

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$2,642

$452,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,642

Cash flow

-$2,642

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Calgary right now

3,767

Active listings

3,810

New this week

$280,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Calgary.

Household and demographic stats for Calgary, from the Statistics Canada 2021 Census.

1,306,784
Population (2021): 38
Median age: 502,305
Households: 2.6
Avg household size: 68.8%
Home ownership: $98,000
Median household income

Calgary market trends

Source: Statistics Canada 2021 Census, Calgary, City, Alberta.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Divine Mercy School
catholic · elementary
770 m
St. Isabella School
catholic · elementary
2.1 km
Prince of Peace School
catholic · elementary
2.1 km
Copperfield School
public · elementary
2.2 km
Joane Cardinal-Schubert High School
public · secondary
2.8 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Public Records

What the city has on file.

Independent reference data for this property from the City of Calgary assessment roll (2026 assessment).

2016
Year built (city records): R-2M
Zoning district: LI
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.