ActivePrice reducedOpen house

$729,900

86 Magnolia Street SEMahogany, Calgary, AB T3M 3X8

  • 5 beds
  • 4 baths
  • 1,866 sq ft
  • Detached

Listing courtesy of CIR Realty · MLS® A2318445

Open house

  • Saturday, October 242:00 p.m. – 4:00 p.m.

    The SHOWHOME IS FOR SALE !!! Never lived in - beautifully decorated AND A LEGAL BASEMENT SUITE BUILT BY THE BUILDER TO UPSTAIRS STANDARDS

Can't make it? Request a private showing and I'll find a time that works.

About this home

OPEN HOUSE SATURDAY OCT 24th 2PM - 4PM......QUALIFIED FIRST TIME BUYERS WILL BE ELIGIBLE FOR THE GST REBATE! THE SHOW HOME IS FOR SALE!!! Welcome to Your Dream Home in Calgary's most sought-after lake community sought-after– Where Luxury Meets Practical Living! Step into this masterpiece built by EXCEL HOMES – the upgraded Berkley model offering 1866 SF of contemporary design, exceptional functionality AND a 2-bedroom LEGAL BASEMENT SUITE W/PRIVATE ENTRY. This home is FULLY AIR CONDITIONED, FULLY LANDSCAPED front and back (incl a rear deck) and ITS PROFESSIONALLY & BEAUTIFULLY DECORATED. FIBRE CEMENT SIDING protects your investment. Nestled in Calgary’s vibrant LAKE COMMUNITY, you’ll enjoy quick access off Stoney Trail or Deerfoot Trail. From the moment you walk in, this home will impress with its thoughtful layout and premium finishes. The open-concept floor plan seamlessly connects the living room, dining area, and showstopper kitchen – the true heart of the home. Cook like a pro in your chef-inspired kitchen with upgraded stainless steel appliances including built-in microwave & oven, chimney-style hood fan, and an abundance of cabinets and deep pot drawers...and a massive waterfall island w/even more storage! A huge walk-in pantry is a chef’s delight. Under cabinet, pendant & pot lighting as well as the large windows, make this a bright & airy home. The living room boasts feature wall fireplace & ship lap walls. You'll also find a versatile flex room at the back of the house - perfect for home office, playroom or guest bedroom. Metal railings lead you upstairs to the second level, which offers three spacious bedrooms, including a stunning primary suite with a walk-in closet and dual sink ensuite. A vaulted bonus room with pot lighting adds an elevated family retreat, and the convenient upper-level laundry room makes day-to-day living easier. Thinking about rental income or extended family options? This home offers a LEGAL TWO BEDROOM SUITE, all done to upstairs standards and a private exterior SIDE ENTRANCE. This is an amazing opportunity for rental income or extended family! As a Certified Built Green home, you’ll benefit from energy-saving features and smart home tech, including Ring doorbell, Wi-Fi-enabled garage opener, smart thermostat, extra CAT6 and USB outlets, plus 9' knockdown ceilings, metal stair railings, and luxury vinyl plank flooring on the main level. Whether you're a growing family, savvy investor, or multi-generational household, this is the home you've been waiting for. This home has a GOLD STAR BUILT GREEN RATING!! Move in, unpack, and start living your best life in Mahogany. Quick possession is available so you can spend your summer at the Lake!

Key facts

Type
Detached
Style
2 Storey
Year built
2024
Living area
1,866 sq ft
Lot
2,970 sq ft
Bedrooms
5 (3 above grade, 2 below)
Bathrooms
3 full, 1 half
Basement
Full, Finished
Parking
Off Street, 2 spaces total
Price per sq ft
$391
Days on market
133
Listed
June 9, 2026
Community
Mahogany
Municipality
Calgary

Features

Interior

Features
Breakfast Bar, Kitchen Island, Open Floorplan, See Remarks, Separate Entrance, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances
Central Air Conditioner, Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove(s), Washer
Flooring
Carpet, Vinyl Plank
Heating
Forced Air
Cooling
Central Air
Fireplaces
1 (Electric)
Laundry
Laundry Room, See Remarks, Upper Level
Basement features
Separate/Exterior Entry
Included
2nd Refrigerator, 2nd Dishwasher, 2nd Stove, 2nd Dishwasher, 2nd Washer and Dryer

Suite

Suite
Yes
Details
Basement
Location
Suite Attached/Within Primary Dwelling
Legal suites
1

Building

Structure
House
Levels
Two
Construction
Cement Fiber Board, See Remarks, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
New construction
Yes

Exterior & lot

Exterior
Other
Lot
Back Lane, Front Yard, Rectangular Lot
Patio / porch
Deck, Front Porch, See Remarks
Front faces
W
Lot size
2,970 sq ft
Zoning
R-G

Parking

Total parking
2
Details
Off Street, Parking Pad

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Clubhouse, Lake, Park, Playground, Schools Nearby, Shopping Nearby

Rooms

RoomLevelSize
Living RoomMain17'7" x 14'1"
KitchenMain17'0" x 14'11"
Dining RoomMain10'9" x 9'6"
Mud RoomMain13'8" x 6'5"
FoyerMain5'5" x 4'8"
2pc BathroomMain4'11" x 4'11"
Family RoomSecond13'5" x 11'1"
Bedroom - PrimarySecond13'1" x 12'3"
Walk-In ClosetSecond9'5" x 4'9"
4pc Ensuite bathSecond10'6" x 5'6"
BedroomSecond13'11" x 9'5"
BedroomSecond10'6" x 9'6"
4pc BathroomSecond9'5" x 4'10"
LaundrySecond8'2" x 5'2"
Eat in KitchenBasement16'0" x 8'6"
Living RoomBasement16'9" x 11'2"
BedroomBasement11'8" x 9'4"
BedroomBasement12'10" x 9'9"
4pc BathroomBasement7'11" x 4'11"
LaundryBasement6'8" x 5'5"
Furnace/Utility RoomBasement13'8" x 7'7"

Location

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Kylian's community guide

Mahogany

Calgary’s largest lake community, with beaches, wetlands and an urban village.

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Monthly cost estimate

Estimated monthly payment$3,426
  • Mortgage $3,426

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $47,990.

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Listing last updated: Oct 21, 2026, 7:52 p.m.