289 Magnolia Way Se, Calgary, Alberta T3M 3S5

Listed for:
$724,900
5 beds
4 baths
Listed 2 days ago
House for rent: 289 Magnolia Way Se, Calgary, Alberta T3M 3S5

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About

A Legal Basement Suite, Five Bedrooms, a Double Garage, and an Incredible Mahogany Lifestyle! Located on a quiet street in the established rear section of Mahogany, this beautifully designed Jayman-built home offers exceptional versatility for homeowners, multigenerational families, and investors. With three bedrooms upstairs, a professionally built two-bedroom legal basement suite, and a double detached garage, this property provides the space to grow while offering valuable rental-income potential. Low-maintenance landscaping creates an inviting first impression, while the main floor welcomes you with a bright front flex room that can easily serve as a home office, sitting room, playroom, or formal dining space. A conveniently located two-piece bathroom completes the front portion of the home. The main living area has been thoughtfully arranged for everyday comfort and entertaining. A central living room flows into the dining area, highlighted by a modern statement light fixture, while the kitchen is positioned at the back of the home overlooking the yard. The kitchen features white quartz countertops, a stacked subway-tile backsplash, stainless steel appliances, a box-style hood fan, and rich dark-blue upper and lower cabinetry. A walk-in pantry located across from the dining area provides excellent additional storage. The rear entrance includes a convenient closet and access to the fully fenced backyard. A ground-level deck and pergola create a welcoming outdoor space, while extensive stone landscaping keeps maintenance to a minimum. There is still a reasonable amount of usable yard space, even with the double detached garage. Upstairs, a central bonus room creates separation between the children’s bedrooms and the private primary retreat, making it an ideal second family room, homework area, or media space. Two well-sized secondary bedrooms are located at the back of the home, with a four-piece bathroom and laundry closet conveniently positioned nearby. The spa cious primary bedroom overlooks the front of the property and includes a generously sized walk-in closet and a four-piece ensuite finished with quartz countertops and coordinating blue cabinetry. The Jayman-built legal basement suite significantly expands the home’s possibilities. With its own private entrance, separate laundry, four-piece bathroom, and two generously sized bedrooms positioned on opposite sides of the central living space, the suite offers privacy and functionality. Its kitchen is finished with stainless steel appliances, quartz countertops, and grey cabinetry extending to the ceiling. Whether used as a mortgage helper, long-term rental, accommodation for extended family, or part of a broader investment strategy, the legal suite adds meaningful value and flexibility. Living in Mahogany means enjoying one of Calgary’s most desirable lake communities. This property delivers an outstanding combination of lifestyle, location, and long-term investment potential. (id:27476)

Property Highlights

MLS® Number
A2323765
Type
Single Family
Community Name
Mahogany
Ownership Type
Freehold
Land Size
301 m2|0-4,050 sqft
Parking Space Total
2

Building

Building Type
House
Storeys
2.00
Square Footage
1801 sqft
Bathrooms Total
4
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Park, Playground, Recreation Nearby, Schools, Shopping, Water Nearby
Exterior Finish
Stone
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Separate entrance, Suite
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
Real Broker
MLS® number:
A2323765
Agent:
Danny James
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Street Spotlight - For sale