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76 Magnolia Se Grove, Calgary, Alberta T3M 3E5

Mahogany, Calgary, Alberta T3M 3E5

$699,999

5

Bedrooms

4.5

Bathrooms

1,766.6

Sq Ft

2021

Year Built

About This Property

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!

Essential Information

MLS®#A2340494
Price$699,999
Bedrooms5
Full Baths3
Half Baths1
Square Footage1,766.6
Lot SQFT0.09
Year Built2021
Typeduplex
Sub-TypeSemi Detached (Half Duplex)
Style2 Storey, Attached-Side by Side
Statusactive

Parking

ParkingDouble Garage Detached
GarageDouble detached garage

Exterior

Exterior FeaturesOther, Private Yard
Lot DescriptionBack Lane, Lawn, Low Maintenance Landscape, No Neighbours Behind, Other, Private, Rectangular Lot
RoofAsphalt Shingle
FoundationPoured Concrete
Front ExposureS

Community Information

Address76 Magnolia Se Grove, Calgary, Alberta T3M 3E5
SubdivisionMahogany
CityCalgary
ProvinceAlberta
Postal CodeT3M 3E5

Interior

HeatingForced Air, Natural Gas
CoolingNone
BasementFull
FlooringCarpet, Vinyl Plank
Interior FeaturesBreakfast Bar, Closet Organizers, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, See Remarks, Separate Entrance, Storage
LaundryIn Basement, Multiple Locations, Upper Level

Construction & Details

ConstructionComposite Siding, Wood Frame
ZoningR-G

Inclusions

Appliances

DishwasherMicrowaveRange HoodRefrigeratorStove(s)

Listing Details

Listing OfficeeXp Realty
Days on Market23
Data SourcePillar 9

Location

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MLS® Number: A2340494

Listing Brokerage: eXp Realty

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

Interested in this property?

CE

Conor Elder

LPT Realty

Monthly Payment Estimate

~$2,917/mo

Based on 20% down, 5.5% interest rate, 25-year amortization