Calgary Realtor

$699,999 · For Sale
76 Magnolia Grove SE, Calgary, Alberta
3+2Bedrooms
3+1Bathrooms
1,767sq ft
365m² Lot
27Days on Market

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!

Key Features

  • Built in 2021
  • Duplex
  • Freehold
  • Basement: Finished, Full, Separate entrance, Suite
  • Detached Garage Parking
  • Forced air, Natural gas Heat

Property Details

Community Mahogany
Property Type Single Family
Building Type Duplex
Storeys 2
Year Built 2021
Ownership/Title Freehold
MLS® Number A2340494

Size & Land

Finished Area 1,767 sq ft
Land Size 365 m² Lot

Building Features

Basement Finished, Full, Separate entrance, Suite
Heating Forced air, Natural gas
Cooling None
Foundation Poured Concrete

Parking

Parking Type Detached Garage
Parking Spaces 2

Financial & Other

Property Taxes $5,024/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,973/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

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Listing courtesy of eXp Realty · Calgary Real Estate Board
View on REALTOR.ca
ED
Evans Dobey
REALTOR | CIR Realty
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