40 Mercado Road SE
40 Mercado Road SE is a house in Mahogany, Calgary on a 2,747 sq ft lot. The City of Calgary assessed it at $187,500 for 2026.
$187,500
2026 assessed value · about $1,250 a year in property tax
Compared with 4,488 detached houses in Mahogany
In the lowest tenth of detached houses in Mahogany. The typical one is assessed at $848K; this one is 78% lower.
Similar homes nearby
- 36 Mercado Road SE$188K
- 35 Mercado Crescent SE$721K · built 2025
- 31 Mercado Crescent SE$790K · built 2025
- 39 Mercado Crescent SE$754K · built 2025
- 27 Mercado Crescent SE$297K · 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 $721K; this one is 74% lower.
Facts
- Kind of property
- House
- Lot size
- 2,747 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.
Permits (2)
- GarageBuilding permit · Oct 2026 · est. $46,291 · issued · BP2026-16954
- New house, porchBuilding permit · Oct 2025 · est. $278,972 · 1 new home · completed · BP2025-20232
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.