$969,000
332 Magnolia Crescent SE
Beds
6
Baths
4
Sqft
—
Year
2023
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Welcome to this stunning 2025-built NEW home in the sought-after lake community of Mahogany, offering modern design, exceptional functionality, and incredible income potential. The MAIN FLOOR features a rare and versatile layout with a spacious BEDROOM and a convenient 4-piece bathroom just steps away—ideal for multi-generational living or guests. The heart of the home is the impressive living room with soaring 19-FOOT CEILING, a cozy fireplace, and expansive windows that flood the space with natural light. The bright, contemporary kitchen showcases white cabinetry, quartz countertops, a gas range, and a sleek wall-mounted chimney hood fan—perfect for both everyday living and entertaining. Upstairs, you’ll find a luxurious primary suite retreat, along with two additional generously sized bedrooms, a full 4-piece bathroom, and a versatile loft-style bonus room—perfect for a home office, play area, or media space. The fully finished basement offers a LEGAL SUITE with 9-foot ceilings, complete with its own living room, full kitchen, two bedrooms, and a full bathroom—an excellent mortgage helper or private space for extended family. Enjoy a sunny SOUTH-FACING backyard and a bright, inviting interior throughout the home. Located in the vibrant lake community of Mahogany, you’ll have access to parks, pathways, schools, shopping, and year-round lake amenities. 1-2-5-10 years New home Warrenty starts from Sept 2025. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Mahogany
- Common interest
- Freehold
- Living area
- 2,255 square feet
- Lot size
- 363 square meters
- Lot dimensions
- 363.00
- Bedrooms
- 4 above grade, 2 below grade
- Parking
- 4 total
- Stories
- 2
- Fireplace
- 1
- On market
- Apr 9, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $5,682 (2025)
- Zoning
- R-G
- Photos
- 42
- MLS#
- A2300061
- Area
- CALGARY_SE
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Community
Cash on cash
-5.93%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,833
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby this address
Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.
Halal grocery
ND Fresh Meat
240 Midpark Way SE unit 7, Calgary, AB T2X 1N4, Canada
3.7 rating · 3 reviews
11.0 km
~18 min
11.2 km
~18 min
Ar-Razzaq Halal Meat & Grocery
15219 Bannister Rd SE, Calgary, AB T2X 1Z3, Canada
4.5 rating · 85 reviews
11.4 km
~18 min
Halal restaurant
2.3 km
~4 min
3.5 km
~6 min
4.5 km
~7 min
Mosque
2.8 km
~5 min
Woodcreek Community Association
1991 Woodview Dr SW, Calgary, AB T2W 5E5, Canada
4.7 rating · 70 reviews
14.8 km
~24 min
3750 46 Ave SE #109, Calgary, AB T2B 0L1, Canada
14.9 km
~24 min
Park
0.3 km
~0 min
Butterfly Park
109 Heirloom Wy SE, Calgary, AB T3S 0H3, Canada
5.0 rating · 1 reviews
0.5 km
~1 min
Mahogany Royal-Blue Park
Calgary, AB T3M 2W4, Canada
4.6 rating · 8 reviews
0.7 km
~1 min
Elementary
2.4 km
~4 min
Auburn Bay School | Calgary Board of Education
7 Auburn Bay Ave SE, Calgary, AB T3M 0K9, Canada
3.7 km
~6 min
Calgary, AB T3M 0H6, Canada
4.0 km
~6 min
Transit
Future LRT Station
Cm Southeast, 300 Auburn Meadows Common SE, Calgary, AB T3M 3E7, Canada
2.3 rating · 3 reviews
2.3 km
~4 min
NB Seton WY @ Seton LI SE
Calgary, AB T3M 3V1, Canada
5.0 rating · 1 reviews
3.2 km
~5 min
McKenzie Towne Terminal SE
Calgary, AB T2Z 1H1, Canada
5.0 rating · 2 reviews
4.6 km
~7 min
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.