MLS #A2340494 image #0
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&#39'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!
Current real estate data for Single Family in Calgary as of Sep 23, 2026
3,662
Single Family Listed
47
Avg DOM
492
Avg $ / SqFt
$863,465
Avg List Price

Property Details

Price:
$699,999
MLS #:
A2340494
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Semi Detached (Half Duplex)
Subdivision:
Mahogany
Listed Date:
Aug 28, 2026
Finished Sq Ft:
1,766
Lot Size:
3,928 sqft / 0.09 acres (approx)
Year Built:
2021
MahoganyFullBack Lane,lawn,low Maintenance Landscape,no Neighbours Behind,other,private,rectangular Lot

Schools

Interior

Appliances
Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s)
Basement
Full
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
In Basement, Multiple Locations, Upper Level

Exterior

Exterior Features
Other, Private Yard
Lot Features
Back Lane, Lawn, Low Maintenance Landscape, No Neighbours Behind, Other, Private, Rectangular Lot
Parking Features
Double Garage Detached
Parking Total
2
Patio And Porch Features
Front Porch
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Mahogany subdivision, 76 Magnolia Grove SE Calgary AB is a Single Family for sale in Calgary, AB, T3M 3E5. It is listed for $699,999 and features 5 beds, 4 baths, and has approximately 1,766 square feet of living space, and was originally constructed in 2021. The current price per square foot is $396. The average price per square foot for Single Family listings in Calgary is $492. The average listing price for Single Family in Calgary is $863,465. To schedule a showing of MLS#a2340494 at 76 Magnolia Grove SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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