295 Magnolia Drive SE in Calgary: Mahogany Detached for sale : MLS®# A2256336

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!

General Info:

Property Type:: Residential

Property Sub Type:: Detached

Condo Type:: Not a Condo

Transaction Type:: For Sale

Possession:: Signup

Possession Date:: Signup

Suite:: Suite - Legal

Home Style:: 2 Storey

Total Living Area:: 1,725.24 sq. ft.160 m2

Lower Level Finished Area:: Signup

Above Grade Finished Area:: Signup

Taxes:: Signup

Tax Assessed Value:: Signup

HOA Fee Frequency:: Annually

HOA Fee Includes:: Signup

Acreage:: No

Lot Area:: 3,928 sq. ft.365 m2

Lot Frontage:: 43'11"13.4 m

Lot Details:: Lot dimensions are approx

Acres Cleared:: Signup

Acres Cultivated:: Signup

Acres Irrigated:: Signup

Acres Leasehold:: Signup

Acres Not Cultivated:: Signup

Acres Freehold:: Signup

Acres Seeded:: Signup

Acres Tame Hay:: Signup

Acres Treed:: Signup

Acres Waste:: Signup

Acres Water Rights:: Signup

Front Exposure:: Northwest

Reg. Size:: Signup

Reg. Size Includes:: Signup

Levels:: Two

Total Rooms Above Grade:: 8

Year built:: 2022 (Age: 3)

Bedrooms:: 6 (Above Grd: 4)

Bedrooms Above Grade:: 4

Bedrooms Below Grade:: 2

Bathrooms:: 5.0 (Full:5, Half:0)

Plan:: 2311345

Additional Info:

Heating:: Forced Air

Basement:: Separate/Exterior Entry, Finished, Full, Suite

Foundation:: Poured Concrete

New Constr.:: No

Construction Material:: Other, Wood Frame, Wood Siding

Structure Type:: House

Roof:: Asphalt Shingle

Ensuite:: Yes

Flooring:: Carpet, Other, Vinyl Plank

Cooling:: None

Fireplaces:: 0

Garage:: No

Parking:: Alley Access, Off Street, Parking Pad

Parking Places:: 2

Parking Total/Covered:: 2 / -

Laundry Features:: In Basement, Laundry Room, Multiple Locations, Upper Level

HOA Fee:: $598.63

Community:

Mahogany

Amenities:

Beach Access, Other

Appliances:

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

Inclusions:

N/A

Restrictions:

None Known

Room Information:

Floor
Type
Size
Other

Main Floor

Bedroom

9'5" × 9'2"

Main Floor

Dining Room

14'8" × 8'6"

Main Floor

Kitchen

14'2" × 12'

Main Floor

Living Room

14'8" × 11'8"

Upper Level

Bedroom

12'5" × 9'5"

Upper Level

Bedroom

12'6" × 9'3"

Upper Level

Bonus Room

13'11" × 9'1"

Upper Level

Bedroom - Primary

13'10" × 12'2"

Basement

Bedroom

11'11" × 8'10"

Basement

Bedroom

11'4" × 9'6"

Basement

Kitchen

12'6" × 2'10"

Basement

Game Room

21'8" × 17'6"

Basement

Furnace/Utility Room

8'5" × 7'8"

Bathrooms:

Floor
Ensuite
Pieces
Other

Main Floor

5'10" x 5'11"

Upper Level

7'9" x 4'11"

Upper Level

Yes

9' x 6'2"

Basement

8'10" x 4'11"

Basement

7'10" x 4'11"

Land Info:

Title to Land:: Fee Simple

Community Features:: Clubhouse, Fishing, Lake, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

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