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Semi-DetachedActiveOpen house scheduled

Mahogany · Calgary

76 Magnolia Grove SE, Calgary

$699,999

Mahogany, Calgary, Alberta T3M 3E5 · MLS® A2340494

5
Bedrooms: 3.5
Bathrooms: 1,767
Sq ft above grade: $396
Per sq ft

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!

Secondary suite: 1 legal suite

Location: Suite Attached/Within Primary Dwelling

Basement

Property Details

Interior

Bedrooms: 5
Bathrooms: 3 full · 1 half
Ensuite bathrooms: 1
Rooms above grade: 9
Above grade: 1,767 sq ft
Total finished: 1,767 sq ft
Basement: Full · Finished
Laundry: In Basement, Multiple Locations, Upper Level

Interior features

Breakfast Bar
Closet Organizers
Granite Counters
High Ceilings
Kitchen Island
Open Floorplan
Separate Entrance
Storage

Flooring

Carpet
Vinyl Plank

Building

Property type: Semi-Detached
Structure: Duplex
Style: 2 Storey, Attached-Side by Side
Levels: Two
Year built: 2021
Front exposure: S
Entry level: 1
Common walls: 1 Common Wall

Construction

Composite Siding
Wood Frame

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air, Natural Gas
Cooling: None

Parking

Garage: Double Garage Detached · 2 spaces
Garage size: 20`1" x 19`3"
Total parking: 2 spaces

Lot & outdoors

Lot size: 3,928 sq ft
Acreage: 0.09 acres
Frontage: 24.31 ft
Fencing: Fenced

Lot features

Back Lane
Lawn
Low Maintenance Landscape
No Neighbours Behind
Private
Rectangular Lot

Outdoor living

Front Porch

Exterior features

Private Yard

In the community

Clubhouse
Fishing
Lake
Park
Playground
Pond
Schools Nearby
Shopping Nearby
Sidewalks
Street Lights
Tennis Court(s)
Walking/Bike Paths

Costs & ownership

Annual property tax: $5,024 (2026)
Title: Fee Simple
Ownership: Private
Zoning: R-G
Restrictions: None Known

Listing & availability

MLS® number: A2340494
Listed: Aug 28, 2026
Days on market: 17
Possession: Negotiable
Listing office: eXp Realty

Included in the sale

Appliances: Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s)

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$3,515.00/mo

Mortgage: $3,096.33
Property tax: $418.67

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Listed by eXp Realty

Data provided under license by Pillar 9™.

Listing data updated Sep 12, 2026, 6:15 p.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation