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$669,999

399 Magnolia Drive SE

Mahogany, Calgary, Alberta

5 bed·4 bath·Detached·MLS® A2331310·4d ago

About this home

Welcome to 399 Magnolia Drive SE, a modern two storey home with a basement legal suite in the heart of Mahogany, one of Calgary's most sought after lake communities.Built in 2023, this thoughtfully designed home offers 5 bedrooms, 3.5 bathrooms, and 1,749 sq. ft. RMS above grade, fully finished basement legal suite( 2 bedrooms) with a separate private entrance. The main level features a bright open concept layout with quartz countertops, a large kitchen island, luxury vinyl plank flooring, a dedicated home office, and spacious living and dining areas designed for comfortable everyday living and entertaining.Upstairs, you'll find a generous primary bedroom complete with a walk-in closet and 3-piece ensuite, along with two additional bedrooms, a full bathroom, and the convenience of upper-level laundry.The legal basement is an excellent mortgage helper or investment opportunity, offering 2 bedrooms, a full kitchen, a 4-piece bathroom, with a laundry, and its own private entrance. The main floor is vacant, providing immediate possession for an owner-occupant, while the basement is currently tenanted with a lease in place until August 2026.Outside, enjoy a private backyard, rear alley access with a parking pad, and an unbeatable location just minutes from Mahogany Lake, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking and biking pathways.A rare opportunity to own a nearly new home with a legal suite in one of Calgary's premier lake communities, ideal for homeowners and investors alike. (id:66681)

Property details

Bedrooms
5
Bathrooms
4
Half baths
1
Year built
2023
Property type
Residential
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave, Hood Fan, Washer & Dryer
Nearby amenities
Lake Privileges
Parking
Parking Pad (2)
Zoning
R-G
Community
Mahogany
MLS®
A2331310
Days on market
14

Location

Listing information last updated 4d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$134,000 (20%)

Base loan amount$535,999

$3,269 / month

First payment: $2,425 interest, $844 principal