399 Magnolia Drive SE
Calgary T3M 3M4
MLS® Number: A2292130
$ 689,999
5
BEDROOMS
3 + 1
BATHROOMS
1,749
SQUARE FEET
2023
YEAR BUILT
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.
| COMMUNITY | Mahogany |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | 2 Storey |
| YEAR BUILT | 2023 |
| SQUARE FOOTAGE | 1,749 |
| BEDROOMS | 5 |
| BATHROOMS | 4.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Tile, Vinyl Plank |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | In Basement, Upper Level |
| LOT FEATURES | Back Yard |
| PARKING | Alley Access, Parking Pad |
| RESTRICTIONS | Easement Registered On Title, Restrictive Covenant, Utility Right Of Way |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | URBAN-REALTY.ca |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 4pc Bathroom | 7`9" x 4`11" | Basement |
| Bedroom | 9`1" x 11`3" | Basement |
| Bedroom | 8`9" x 11`3" | Basement |
| Kitchen | 6`2" x 13`9" | Basement |
| Game Room | 13`0" x 13`6" | Basement |
| Furnace/Utility Room | 17`9" x 7`8" | Basement |
| 2pc Bathroom | 5`8" x 4`11" | Main |
| Dining Room | 12`10" x 9`8" | Main |
| Foyer | 8`2" x 9`2" | Main |
| Kitchen | 12`10" x 11`9" | Main |
| Living Room | 15`4" x 13`9" | Main |
| Office | 10`4" x 7`8" | Main |
| 3pc Ensuite bath | 6`6" x 10`0" | Second |
| 4pc Bathroom | 8`5" x 4`11" | Second |
| Bedroom | 10`2" x 9`6" | Second |
| Bedroom | 9`4" x 13`0" | Second |
| Family Room | 11`11" x 13`1" | Second |
| Laundry | 6`3" x 7`3" | Second |
| Bedroom - Primary | 11`11" x 13`4" | Second |
