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Renanza Realty
For sale

76 Magnolia Grove SE

Calgary, Alberta

MLS® A2340494

$699,999

Status
Active
Property type
House
MLS® number
A2340494
Bedrooms
5
Bathrooms
4
Year built
2021

Listing description

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!

Property summary

MLS® number
A2340494
Property type
Single Family
Building type
Duplex
Square footage
1,767 sq ft
Title
Freehold
Land size
365 square meters
Built in
2021
Annual property taxes
$5,024.00
Parking
2 spaces · Detached Garage
Days on market
22 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full, Separate entrance, Suite
Flooring
Carpeted, Vinyl Plank
Appliances
Refrigerator, Dishwasher, Stove, Microwave, Hood Fan
Exterior features
Composite Siding
Lot features
See remarks, Other, Back lane, No neighbours behind, Closet Organizers
Community features
Lake Privileges, Fishing

What would this home cost you?

Based on the $699,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,257 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.