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$699,999

76 Magnolia Grove SE

Mahogany, Calgary, Alberta

5 bed·4 bath·Semi-Detached·MLS® A2340494·6d ago

About this home

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! (id:66681)

Property details

Bedrooms
5
Bathrooms
4
Half baths
1
Year built
2021
Property type
Residential
Appliances
Refrigerator, Dishwasher, Stove, Microwave, Hood Fan
Nearby amenities
Lake Privileges, Fishing
Parking
Detached Garage (2)
Zoning
R-G
Community
Mahogany
MLS®
A2340494
Days on market
21

Location

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Listing information last updated 6d 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

$140,000 (20%)

Base loan amount$559,999

$3,415 / month

First payment: $2,533 interest, $882 principal