CalgaryListings Insight Set in Mahogany, 76 Magnolia Grove SE is a 3-bedroom home built in 2021, offering 4.5 bathrooms and 1,766 sq ft of living space above grade. Notable features include a fully finished basement with a separate entrance, a double garage, and vinyl plank flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. This one is new to market, so showing access and offer timing may matter. MLS® A2340494.
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JUMBO LOT! Rarely do you see a laned lot this big in Mahogany! This is a turnkey investment opportunity in with a LEGAL suite and two rental incomes! Offering approximately 1,766 sq. ft. of developed living space, this well-maintained townhome features 5 bedrooms, 3.5 bathrooms and a fully rented configuration, making it an excellent addition to an investment portfolio. The main area offers a bright, open-concept layout with durable luxury vinyl plank flooring, crisp white cabinetry, granite countertops, stainless steel appliances and a large centre island with breakfast bar. The spacious living and dining areas are filled with natural light, creating a comfortable and functional space for everyday living. Upstairs, you'll find 3 bedrooms, including a spacious primary bedroom, along with a full 5 pc. ensuite, convenient laundry and a full bathroom. The legal 2 bedroom basement suite provides an additional income stream and offers its own comfortable living space, kitchen, bathroom and separate living accommodations. A double attached garage adds valuable parking and storage. Located in the highly desirable lake community of Mahogany, where residents enjoy access to the lake and beach club, tons of pathways, parks, schools, shopping, restaurants and countless amenities. Fully rented, legally suited and income-generating this is a fantastic opportunity to own a turnkey investment in one of Calgary’s most sought-after communities. An opportunity worth adding to your portfolio!
Property Taxes
$5,024/yr (2026)
Listing Information
MLS® NumberA2340494
StatusActive
List Price$699, 999
Days on Market2 days
OccupancyTenant
Property Details
Property TypeSemi Detached (Half Duplex)
Architectural Style2 Storey, Attached-Side by Side
ZoningR-G
Above-Grade Sq Ft1, 766 sq ft
Year Built2021
Bedrooms3
Full Bathrooms4
Half Bathrooms1
Total Bathrooms4.5
Interior
BasementFull, Finished, Separate/Exterior Entry
FlooringCarpet, Vinyl Plank
Fireplaces0
HeatingForced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorComposite Siding, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking2
Patio / DeckFront Porch
Site & Lot
Lot Size3, 928 sq ft
Lot Acres0.09 acres
Lot Width24.31
Lot FeaturesBack Lane, Lawn, Low Maintenance Landscape, No Neighbours Behind, Other, Private, Rectangular Lot
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
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