191 Magnolia Way SE, CALGARY

2026-09-18

191 Magnolia Way SE, CALGARY, Alberta

3 Bed 4 Bath 1747 ft² 2 Garage
For Sale Single Family
$740,000

MLS®#A2345952

INVESTOR ALERT! A TRULY TURNKEY, HANDS-OFF INVESTMENT WITH GREAT TENANTS ALREADY IN PLACE! Built in 2023 by Hopewell Residential, this exceptionally well-maintained property offers an opportunity to own a premium income-generating home in the highly sought-after lake community of Mahogany. Featuring a spacious upper residence plus a LEGAL 2-bedroom basement suite, the property currently generates a combined $4,550/month ($54,600/year) in gross rental income from both units. The hard work has already been done, simply take over an established, income-producing property from day one. The upper residence stands out with impressive 10-foot ceilings, bright modern living spaces, a spacious kitchen, comfortable living and dining areas, well-sized bedrooms, a 5-piece ensuite and access to the double detached garage. The garage is equipped with an added subpanel to accommodate a future EV charger, an increasingly desirable feature for tenants. Both the front and backyard are fully maintenance-free, adding convenience for tenants while minimizing ongoing exterior upkeep for the owner. The LEGAL 2-bedroom basement suite feels anything but typical, with 9-foot ceilings, its own kitchen, living area, bathroom and separate entrance, creating a bright and comfortable independent living space. The outdoor areas have also been thoughtfully divided with double fencing, giving each unit its own private space. This property was designed with tenants in mind. The combination of a newer 2023 build, high ceilings on both levels, a legal suite, private outdoor spaces, maintenance-free landscaping and a double garage helps set it apart from a typical rental and makes it particularly attractive to quality, long-term tenants. Great tenants are already secured in both units, providing immediate and established rental income. No renovations to complete, no tenants to find and no maintenance to worry about, this property is truly set up to be a hands-off investment. Located in one of Calgary’s most desirable lake communities, residents enjoy access to Mahogany Lake and its year-round amenities, extensive pathways, parks, playgrounds, schools, shopping and restaurants, with convenient access to major roadways. For an investor looking for a newer, income-producing property without the usual upfront work, this is about as turnkey as it gets. (id:32467)

Building Single Family
Rooms
Bedrooms 3
Bathrooms 4
Square Footage 1747 ft²
Built in 2023
Parking Type 2
Neighbourhood CALGARY

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$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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April
April Isaac

Associate

aprilonepercent@gmail.com

403-888-4003

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CALGARY,SOUTH EAST CALGARY,SOUTH WEST CALGARY,NORTH CALGARY,NORTH EAST CALGARY,NORTH WEST CALGARY,EAST CALGARY,WEST CALGARY,AIRDRIE,COCHRANE,OKOTOKS,CHESTERMERE,STRATHMORE,GREATER CALGARY AREA,ROCKYVIEW,DIDSBURY,LANGDON

23 YRS EXPER, 1300+ SALES, NEGOTIATION EXPERT AND  BUYERS REPRESENTATIVE EXPERT, marketing savvy, people savvy. 100'S OF HAPPY CUSTOMERS, DOZENS UPON DOZENS OF REFERENCES, 100% DEDICATED SERVICE, SPECIALIZING IN SINGLE FAMILY HOMES, TOWNHOUSES, DUPLEX'S AND CONDOS. As well, I have a BUYER AGENT ACCREDITATION CERTIFICATE.  CALGARY IS AN AMAZING CITY, and as well all the...