295 Magnolia Drive Se, Calgary

$729,999

6 Beds
5 Baths
1,725 Sqft
.09 Acres
0 Garages

FACING GORGEOUS PARK! Welcome to Mahogany, Calgary’s premier 4 season lake community and a smart investment opportunity rolled into one. This HIGHLY UPGRADED property offers over 2,518 sq. ft. of total developed living space, complete with a fully legal basement suite with 2 bedroom, 2 bathroom, all in a sought after location directly facing a gorgeous park and playground! The main level is designed with investors and extended families in mind. The main floor features a bright open-concept layout, soaring ceilings, 8 ft doors, luxury vinyl plank flooring, and a modern two-toned kitchen with herringbone tile backsplash, stainless steel appliances, and a beautiful quartz adorned island. A main floor bedroom (or office) with a full 3 piece bathroom provides flexible options for guests or multi-generational living—boosting rental appeal. Upstairs, you’ll find a spacious bonus room, 3 additional bedrooms, and 2 full bathrooms, including a private primary 4 pc. ensuite. The lower level is where this home truly shines: a separately accessed, legal 2-bedroom, 2-bathroom living space with its own kitchen, living area, laundry, and high-end finishes. Whether you’re looking to generate income, host extended family, or offset your mortgage, this secondary suite makes the property a standout investment. Outside, you’ll appreciate the low-maintenance yard, with a rear 2 car parking pad with future garage potential, and unbeatable front curb appeal directly across from green space. Located in a family-friendly, amenity-rich community, Mahogany offers residents exclusive access to its private lake, beaches, skating rinks, and year-round recreation. Plus, you’re just minutes from shopping, restaurants, schools, and South Health Campus, making it attractive for both homeowners and tenants. Whether you’re building your portfolio or looking for a home that pays you back, this Mahogany gem delivers. Schedule your private tour today!

Essential Information
MLS® #A2256336
Price$729,999
Bedrooms6
Bathrooms5.00
Full Baths5
Square Footage1,725
Acres0.09
Year Built2022
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address295 Magnolia Drive Se
SubdivisionMahogany
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3M 3N1
Amenities
AmenitiesBeach Access, Other
Parking Spaces2
Parking

Alley Access, Off Street, Parking Pad

Interior
HeatingForced Air
CoolingNone
Has BasementYes
Interior Features

Breakfast Bar, Built-in Features, Chandelier, Closet Organizers, High Ceilings, Kitchen Island, Open Floorplan, Pantry, See Remarks, Storage, Walk-In Closet(s)

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Stove(s), Washer, Window Coverings

Basement

Exterior Entry, Finished, Full, Suite

Exterior
Exterior FeaturesBalcony, Lighting, Other
RoofAsphalt Shingle
ConstructionOther, Wood Frame, Wood Siding
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Front Yard, Landscaped, Low Maintenance Landscape, Other, Private, See Remarks

Additional Information
ZoningR-G
HOA Fees599
HOA Fees Freq.ANN
Listing Details
OfficeeXp Realty
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