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Commercial Real Estate

Mahogany Commercial Real Estate Listings

Find Mahogany commercial real estate listings for sale or lease. Our commercial real estate specialists help investors and business owners find the perfect retail spaces, office buildings, and multi-unit properties in Mahogany.

From location selection to appraisals to property management, your commercial real estate agent will help you make informed decisions about Mahogany commercial properties.

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FEATURED LISTINGS

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Commercial Real Estate Information May 6, 2026

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Mahogany Commercial Real Estate Information

Our Commercial Real Estate Practitioners expertly represent all aspects of commercial investments, for both acquisitions and dispositions. We work with large investment groups, REITs, and individual investors to provide comprehensive market knowledge, financing strategies, and investment opportunities in the Mahogany area.

Mahogany Multi-Unit Commercial Real Estate

Mahogany Community Overview

Explore everything you need to know about Mahogany, an award-winning master-planned lake community in southeast Calgary known for its resort-style living. Click any question below to expand the answer.

What is Mahogany and where is it located?

Mahogany is an award-winning master-planned lake community in southeast Calgary, Alberta, developed by Hopewell Residential and established in 2007. Located east of 52 Street SE and south of Stoney Trail, Mahogany has grown into one of Calgary's fastest-growing and most awarded communities, recognized multiple times as "Community of the Year." The neighbourhood spans over 1,200 acres of planned development and is known for offering a resort-style lifestyle centered around Calgary's largest freshwater lake.

Why should I choose to live in Mahogany?

Mahogany offers a truly unique resort-style living experience within Calgary city limits. With Calgary's largest private freshwater lake, two sandy beaches, the 21,000 sq ft Mahogany Beach Club, over 265 acres of parks and open spaces, 22 kilometers of pathways, 74 acres of naturalized wetlands, and a vibrant, walkable Urban Village featuring excellent shopping and dining options, Mahogany provides an exceptional quality of life for families, professionals, and outdoor enthusiasts alike. The community has earned multiple "Community of the Year" awards thanks to its thoughtful design and strong sense of community.

What is the neighbourhood character of Mahogany?

Mahogany is designed with connection, recreation, and nature in mind. The community features over 265 acres of open space, 22 kilometers of interwoven pathways, 74 acres of naturalized wetlands with boardwalks and wildlife viewing, and a 63-acre freshwater lake at its heart.

Key Green Spaces: Mahogany Lake (63-acre freshwater lake), Mahogany Wetlands (74 acres of naturalized wetlands with interpretive trails), Mahogany Central Park (community park with playgrounds and picnic areas), two private sandy beaches, and community gardens managed by the HOA.

What schools are available in Mahogany?

Mahogany has several excellent schools within or very close to the community.

Mahogany School (K-4): Calgary Board of Education school located within the community.
Divine Mercy School (K-6): Calgary Catholic School District school located in Mahogany.
Ron Southern School (5-9): CBE school in nearby Auburn Bay.
St. Teresa of Calcutta School (K-9): Catholic school in nearby McKenzie Towne.
Joane Cardinal-Schubert High School (10-12): Located in nearby Seton.
Future school sites are planned within Mahogany as the community continues to grow.

What are the transportation options in Mahogany?

Mahogany is served by Calgary Transit with future expansion planned.

Road Access: Located near Stoney Trail (Highway 201) and Deerfoot Trail (Highway 2) for easy vehicle access.
Bus Routes: Routes 14, 406, and 468 serve the community.
Nearest LRT Station: Somerset-Bridlewood Station (Red Line), approximately 8-10 km west.
Future Green Line LRT: Planned to service the southeast quadrant, with potential stations in the Seton area.
Commute to Downtown: Approximately 35-45 minutes by car during peak hours; 50-60 minutes by transit.

How does Mahogany compare to other lake communities in Calgary?

Mahogany is the largest lake community in Calgary and one of the most awarded master-planned communities in Canada.

vs. Auburn Bay: Both are lake communities in southeast Calgary. Mahogany features a 63-acre lake (Calgary's largest) compared to Auburn Bay's 43-acre lake. Both have beach clubs, but Mahogany's Beach Club is 21,000 sq ft.
vs. McKenzie Lake: McKenzie Lake is an established lake community with a private lake. Mahogany offers newer construction, larger lake, and a more vibrant Urban Village with shopping and dining.
vs. Lake Bonavista: Lake Bonavista was Calgary's first lake community (established 1960s). Mahogany offers newer homes, modern amenities, and a larger recreational lake.
vs. Cranston: Cranston is a river community with Fish Creek Park access. Mahogany offers lakefront living with private beach access.

What amenities does the Mahogany Beach Club and Lake offer?

The crown jewel of Mahogany is its 63-acre freshwater lake — Calgary's largest private lake. Residents enjoy exclusive year-round access to:

Two private sandy beaches with designated swimming areas and beach volleyball courts.
The 21,000 sq ft Mahogany Beach Club featuring a splash park, gymnasium and fitness centre, event space and banquet hall, change rooms and shower facilities, outdoor patios and BBQ stations.
Fishing dock and marina access (lake is stocked with rainbow trout).
Paddleboarding, kayaking, and canoeing in summer.
Ice skating and community hockey in winter.
22 kilometers of scenic pathways through wetlands.
Community fire pits for evening gatherings.
Community-organized events including the annual Grand South Christmas Market with 75+ vendors.

What is Westman Village in Mahogany?

Westman Village / Mahogany Urban Village is a vibrant, walkable retail district in the heart of Mahogany. Features include:

Sobeys: Full-service grocery store with pharmacy, deli, and bakery.
Diner Deluxe: Popular brunch spot.
Analog Coffee: Premium local coffee shop.
Chairman's Steakhouse: Upscale steakhouse.
Banquet: Contemporary Canadian restaurant.
Bro'kin Yolk, Pie Junkie, Pinnovate: Additional dining and entertainment options.
Rexall pharmacy, GoodLife Fitness, dental clinics, and professional services.

What shopping and amenities are available near Mahogany?

Mahogany offers a vibrant commercial hub with walkable shopping and dining.

Within Mahogany: Westman Village offers Sobeys, restaurants, coffee shops, pharmacy, gym, and professional services.

Nearby Shopping: Cineplex Seton (VIP cinema), Seton Urban District (Walmart Supercentre, Home Depot, Canadian Tire, Best Buy, Marshalls, Winners, dozens of restaurants), and South Health Campus across the street.

Nearby Recreation: Brookfield Residential YMCA at Seton (world's largest YMCA with pool, surf simulator, ice rinks, and library), Fish Creek Provincial Park, and Carburn Park.

What are the Mahogany Wetlands?

The Mahogany Wetlands are a 74-acre naturalized wetland system within the community featuring interpretive signage, boardwalks, and wildlife viewing platforms. The wetlands are home to ducks, geese, songbirds, and other wildlife, making them a popular spot for birdwatching and nature photography. The area is integrated with the community's 22 km pathway system, providing a scenic route for walking and cycling.

Is Mahogany dog-friendly?

Yes, Mahogany is a very dog-friendly community. The community features 22 kilometers of pathways, a 74-acre wetland with walking trails, Mahogany Central Park, and off-leash dog parks within the surrounding area. Many residents enjoy walking their dogs along the lake pathways and through the natural wetlands. The community is rated 4.7/5 by residents and described as pet-friendly and great for families.

Does Mahogany have HOA fees and what do they cover?

Yes, the Mahogany Homeowners Association manages the community's amenities. Mandatory annual fees apply to all residents and cover:

Lake access (year-round recreation including swimming, boating, fishing, skating).
Beach club membership (access to the 21,000 sq ft facility, splash park, fitness centre, event space).
Amenity maintenance (beaches, pathways, parks, wetlands, landscaping).
Pathway snow clearing in winter.
Community events (summer concerts, movies at the beach, Grand South Christmas Market).

Fees are typically paid monthly or annually. Lake access is restricted to residents who are current on HOA fees.

Is Mahogany safe?

Yes, Mahogany is considered a very safe community with a safety rating of 5 out of 5 based on verified resident reviews. Residents describe Mahogany as family-friendly, safe, quiet, well-maintained, and having a strong sense of community. The community was designed with Crime Prevention Through Environmental Design principles including good sightlines, well-lit streets, and active frontages that promote natural surveillance.

What is the demographic profile of Mahogany?

Mahogany has a mix of young families, professionals, and retirees with a diverse and welcoming atmosphere.

Community Rating: 4.7/5 from verified resident reviews.
Family-Friendly Rating: 5/5, School Rating: 5/5.
Housing Types: Single-family detached homes (laned and front-garage), townhomes, condominium apartments, and luxury lakefront estates.
Home Builders: Hopewell Residential, Brookfield Residential, Cedarglen Homes, Morrison Homes, and others.
Planned Population: Approximately 25,000 residents at full build-out.
Construction Period: Launched 2007; ongoing development continues.

For up-to-date listings and open house schedules, please refer to local real estate platforms or contact an area agent.

Retail Commercial Real Estate

Retail properties in Mahogany range from individual shops to large shopping centers. Retail spaces offer excellent visibility and customer traffic, with opportunities for stand-alone buildings or multi-tenant locations.

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Frequently Asked Questions About Mahogany Commercial Real Estate

What types of commercial properties are available in Mahogany? +

Mahogany offers a diverse range of commercial real estate including retail storefronts, office buildings, industrial warehouses, multi-unit residential revenue properties, mixed-use developments, and land for commercial development. Our inventory includes both for-sale and lease options to accommodate various business needs and investment strategies.

How do I finance a commercial real estate purchase in Mahogany? +

Commercial real estate financing differs from residential mortgages. Options include traditional bank loans (typically requiring 20-30% down), CMHC commercial loans, private lending, and vendor take-back financing. Our commercial specialists can connect you with lenders experienced in Mahogany commercial transactions and help you prepare a strong application package.

What is the current commercial vacancy rate in Mahogany? +

Commercial vacancy rates vary by property type and specific location within Mahogany. Generally, retail spaces see 5-8% vacancy, office spaces 8-12%, and industrial spaces 3-6%. Our team provides current market absorption rates and vacancy statistics to help you make informed investment decisions. Contact us for the most recent quarterly commercial market report.

How long does it typically take to lease commercial space? +

Leasing commercial space in Mahogany typically takes 2-6 months from initial search to signed lease, depending on market conditions, property type, and negotiation complexity. Allow additional time for tenant improvements and permitting. Our commercial agents streamline this process by identifying suitable properties and negotiating favorable lease terms.

Do I need a commercial real estate agent to buy or lease property? +

While not legally required, working with a commercial real estate professional is highly recommended. Our agents provide access to off-market properties, accurate comparable sales data, lease negotiation expertise, and insight into zoning and development regulations specific to Mahogany. Best of all, tenant and buyer representation is typically at no cost to you — the landlord or seller pays the commission.

What due diligence should I perform before buying commercial real estate? +

Key due diligence steps include: property condition assessment (building inspection), environmental site assessment, zoning verification, title search, review of existing leases (for income properties), financial analysis of operating costs, and appraisal. Our commercial team coordinates these investigations and helps you interpret findings to mitigate risk.