LEGAL 2-BEDROOM BASEMENT SUITE WITH SEPARATE LAUNDRY | 6 BEDROOMS TOTAL | 4 BEDROOMS ABOVE GRADE | MAIN-FLOOR BEDROOM WITH 3-PIECE BATHROOM | SOARING OPEN-TO-ABOVE LIVING ROOM | 9-FOOT CEILINGS | BONUS ROOM | PRIME MAHOGANY LOCATION
Welcome to 332 Magnolia Crescent, a beautifully designed home in the award-winning lake community of Mahogany. Offering six bedrooms in total, including four above grade and a legal two-bedroom basement suite, this thoughtfully planned property provides exceptional flexibility for families, multi-generational living or rental income.
The main floor impresses with 9-foot ceilings, wide-plank luxury vinyl flooring and a spectacular open-to-above living room centred around a gas fireplace. Expansive windows fill the space with natural light, creating a bright and inviting atmosphere for everyday living and entertaining.
At the heart of the home, the kitchen features full-height cabinetry, quartz countertops, a tile backsplash, stainless steel appliances and a gas stove. A large walk-through pantry connects directly to the mudroom, making grocery unloading and daily organization effortless.
A rare main-floor bedroom is complemented by a full 3-piece bathroom, offering a true fourth above-grade bedroom that is ideal for guests, extended family, a private office or anyone seeking main-level accessibility.
Upstairs, a spacious bonus room provides a comfortable place to relax, while the conveniently located laundry room simplifies daily routines. The primary bedroom offers a private retreat with a walk-in closet and a luxurious 5-piece ensuite featuring dual vanities, a separate shower and a relaxing soaker tub. Both additional upper-level bedrooms also include their own walk-in closets.
The legal basement suite has been thoughtfully finished with two bedrooms, a full bathroom, a comfortable living area and its own laundry. The U-shaped kitchen offers quartz countertops, stainless steel appliances and excellent cabinet and workspace, creating a complete and functional secondary living space.
Located in the sought-after community of Mahogany, residents enjoy access to the lake, beaches, pathways, parks, playgrounds, schools, shopping, restaurants and year-round community amenities. This is an exceptional opportunity to own a spacious and versatile home in one of Calgary’s most desirable lake communities.
Main
| Room | Dimensions | Sq ft |
|---|---|---|
Living Room | 12`6" × 14`6" | ~181 |
Kitchen | 9`10" × 9`1" | ~89 |
Dining Room | 8`5" × 9`5" | ~79 |
Foyer | 5`5" × 4`11" | ~27 |
Other | 5`1" × 4`5" | ~22 |
Bedroom | 9`9" × 12`5" | ~121 |
3pc Bathroom | 5`6" × 6`4" | ~35 |
Pantry | 5`6" × 8`1" | ~44 |
Basement
| Room | Dimensions | Sq ft |
|---|---|---|
Other | 10`2" × 9`5" | ~96 |
Laundry | 4`7" × 10`5" | ~48 |
Kitchen | 9`7" × 8`2" | ~78 |
Dining Room | 9`0" × 11`8" | ~105 |
Bedroom | 11`4" × 11`5" | ~129 |
Upper
| Room | Dimensions | Sq ft |
|---|---|---|
Other | 14`0" × 13`5" | ~188 |
Laundry | 4`11" × 6`5" | ~32 |
Bedroom - Primary | 14`6" × 12`5" | ~180 |
Bedroom | 9`10" × 11`11" | ~117 |
Bedroom | 10`4" × 12`10" | ~133 |
Heating & Cooling
Interior
Appliances included
Construction
Parking
Outdoor & Extras
Zoning
Lot
Location and Community
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Bedroom |
| 9`11" × 9`4" |
| ~93 |
4pc Bathroom | 4`11" × 8`0" | ~39 |
Storage | 3`3" × 5`6" | ~18 |
| 9`6" × 6`4" |
| ~60 |
5pc Ensuite bath | 5`5" × 8`8" | ~47 |
4pc Bathroom | 4`11" × 8`7" | ~42 |
Mahogany · Calgary · T3S 0C8
Est. Mortgage
$4,936/mo
25-yr · 7.2% down · 4.99%
Estimate only — not a mortgage offer.