7 Masters Square SE

Mahogany Calgary T3M 2N3

Welcome to the award-winning lake community of Mahogany — where four-season living, incredible amenities, and an unmatched lifestyle come together in one of Calgary’s most sought-after neighborhoods. Whether you're a first-time buyer, savvy investor, or looking for a home with future income potential, this beautifully upgraded semi-detached property checks all the boxes. Perfectly positioned on a landscaped CORNER LOT just steps from Mahogany’s stunning wetlands, pathways, parks, and the main lake entrance, this home offers an exceptional blend of functionality, style, and long-term versatility. Enjoy year-round lake access with sandy beaches, swimming, paddle boarding, skating, hockey, fishing, community events, and endless outdoor recreation — all while being minutes from the restaurants, shopping, amenities, and South Health Campus in nearby Seton. Inside, you’re welcomed by soaring 9’ ceilings, oversized windows, and a bright open-concept layout designed for modern living. The chef-inspired kitchen features quartz countertops, upgraded stainless steel appliances, a waterline to the fridge, stylish white cabinetry, and beautiful laminate flooring throughout the main level. Functional upgrades include CENTRAL AIR CONDITIONING, a spacious pantry, added storage, and a thoughtfully designed mudroom with built-in lockers. Upstairs offers an ideal family-friendly layout with THREE spacious bedrooms, each complete with generous closet space and access to beautifully finished bathrooms, including multiple ensuite-style 3-piece baths, plus an additional full 4-piece bathroom and convenient upper-floor laundry. One of the standout features of this property is the incredible future potential offered by the corner lot configuration. The basement is already roughed-in for a future bathroom with a 3-piece bathroom rough-in and second laundry setup, creating an ideal opportunity for potential suite development (subject to city approval). The corner lot layout provides a unique advantage with the ability to create a separate exterior yard space and additional parking access — a highly desirable setup for multigenerational living or future rental income opportunities. Outside, the oversized DOUBLE DETACHED GARAGE comfortably fits two vehicles while still offering an abundance of additional storage space — perfect for bikes, tools, seasonal storage, or a workshop setup. The generous yard space offers endless possibilities for entertaining, relaxing, or enjoying summer evenings after a day at the lake. This is an incredible opportunity to own a move-in ready home with upgrades, flexibility, and investment potential in one of Calgary’s premier lake communities.