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!
Data was last updated August 29, 2026 at 05:30 AM (UTC)
Area Statistics
Listings on market:
137
Avg list price:
$689,900
Min list price:
$229,900
Max list price:
$3,250,000
Avg days on market:
42
Min days on market:
1
Max days on market:
342
Avg price per sq.ft.:
$413.61
These statistics are generated based on the current listing's property type
and located in
Mahogany. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.