Single Family
Welcome to 399 Magnolia Drive SE, a modern 2storey home with a legal basement suite located in the heart of Mahogany, one of Calgary’s most sought after lake communities.Built in 2023, this well-designed property offers 5 bedrooms and 3.5 bathrooms with 1,749 sq ft RMS above grade, plus a fully finished basement with separate exterior entrance. The main home features an open concept layout with quartz countertops, a kitchen island, vinyl plank flooring, a dedicated main-floor office, and a bright dining and living space ideal for everyday living.Upstairs, you’ll find a spacious primary bedroom with walk in closet and 3 piece ensuite, two additional bedrooms, a full bath, and upper level laundry for convenience.The legal basement suite includes 2 bedrooms, a full kitchen, 4-piece bath, in-suite laundry, and a private entrance, making it an excellent mortgage helper or long term investment.Enjoy rear alley access with parking pad, a private backyard, and proximity to Mahogany Lake, beaches, the Mahogany Beach Club, parks, playgrounds, schools, shopping, restaurants, and extensive walking & bike paths.Tenant-occupied property , ideal for investors or buyers comfortable assuming tenancy as the basement tenant is willing to stay.A rare opportunity to own a nearly new home with a legal suite in a premier lake community. (id:6769
Subarea
Mahogany
Lot
263
Year Built
2023
Flooring
Carpeted,Tile,Vinyl Plank
Parking Type
2
| Room | Floor | Dimension |
|---|---|---|
| 3pc Bathroom | Second level | 6.50 Ft x 10.00 Ft |
| 4pc Bathroom | Second level | 8.42 Ft x 4.92 Ft |
| Bedroom | Second level | 10.17 Ft x 9.50 Ft |
| Bedroom | Second level | 9.33 Ft x 13.00 Ft |
| Family room | Second level | 11.92 Ft x 13.08 Ft |
| Laundry room | Second level | 6.25 Ft x 7.25 Ft |
| Primary Bedroom | Second level | 11.92 Ft x 13.33 Ft |
| 4pc Bathroom | Basement | 7.75 Ft x 4.92 Ft |
| Bedroom | Basement | 9.08 Ft x 11.25 Ft |
| Bedroom | Basement | 8.75 Ft x 11.25 Ft |
| Kitchen | Basement | 6.17 Ft x 13.75 Ft |
| Recreational, Games room | Basement | 13.00 Ft x 13.50 Ft |
| Furnace | Basement | 17.75 Ft x 7.67 Ft |
| 2pc Bathroom | Main level | 5.67 Ft x 4.92 Ft |
| Dining room | Main level | 12.83 Ft x 9.67 Ft |
| Foyer | Main level | 8.17 Ft x 9.17 Ft |
| Kitchen | Main level | 12.83 Ft x 11.75 Ft |
| Living room | Main level | 15.33 Ft x 13.75 Ft |
| Office | Main level | 10.33 Ft x 7.67 Ft |
a
Listing data last updated date: 2026-03-13 04:47:25
a
Listing Agent: Evelyn Osemwegie
Brokerage: URBAN-REALTY.ca