116 Mercado Road SE
116 Mercado Road SE is a house in Mahogany, Calgary, built in 2025 on a 2,763 sq ft lot. The City of Calgary assessed it at $763,000 for 2026.
$763,000
2026 assessed value · about $5,070 a year in property tax
Compared with 4,488 detached houses in Mahogany
Valued above about 30% of detached houses in Mahogany. The typical one is assessed at $848K; this one is 10% lower.
Similar homes nearby
- 120 Mercado Road SE$288K · built 2025
- 112 Mercado Road SE$761K · built 2025
- 108 Mercado Road SE$763K · built 2025
- 104 Mercado Road SE$724K · built 2025
- 49 Mercado Landing SE$284K · built 2025
The closest homes of the same kind, built within 8 years of this one and on a lot within 30% of its size. Their middle value is $724K; this one is 5% higher.
Facts
- Kind of property
- House
- Year built
- 2025
- Lot size
- 2,763 sq ft
- Zoning
- R-G
- City use code
- R110
Think this value is wrong?
The City of Calgary mails assessment notices each January. During the review period that follows you can ask the City's assessors to look again, and by the deadline printed on your notice you can file a complaint with the Assessment Review Board. Values of similar homes nearby, like the ones above, are the usual starting point. Details are on calgary.ca under property assessment.
Legal secondary suite
On the City of Calgary's secondary suite registry: approved and inspected, Nov 2025.
Permits (1)
- New house, porch, secondary suiteBuilding permit · May 2025 · est. $271,377 · 1 new home · completed · BP2025-08834
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
From the City of Calgary's open assessment data. An assessment is the City's estimate of market value on July 1, 2025, for property tax; it is not a sale price. The map also shows building permits, legal suites and homes for sale or rent.