pillar/IMG-A2239461_1.jpg
4 days on Market

131 Magnolia Sq, Calgary, Alberta T3M 2W5

Detached
3
3 + 1
~1760.00 sqft
$664,900
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Detached
3
3 + 1
~1760.00 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$377/sqft

Monthly cost

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Description

A truly unique chance to kickstart or grow your investment portfolio—or enjoy the flexibility of living upstairs while developing a future income stream in the basement. This impressive home offers a functional and stylish layout, starting with an open-concept main floor finished in luxurious natural vinyl plank flooring that adds warmth and contrast to the modern design. A versatile front flex room creates the perfect space to read, work, or play, while large rear windows allow natural light to flood the living areas. The upgraded kitchen is a true standout, featuring crisp extended-height white cabinetry, quartz countertops, and a stunning standalone range hood wrapped in hammered subway tile that extends to the ceiling. Stainless steel appliances and a corner pantry complete the space, offering both beauty and practicality. The oversized dining area is perfect for hosting, and the cozy rear living room is ideal for relaxing evenings or entertaining guests. Upstairs, the vaulted bonus room adds an open, airy feel and separates the spacious primary retreat from the secondary bedrooms. The primary suite includes a 3-piece ensuite and a large walk-in closet, while two additional bedrooms, a full 4-piece bathroom, and an upper laundry room provide everything a growing family needs. Downstairs, the separate side entrance and roughed-in utilities offer excellent potential for a future 2-bedroom suite (A secondary suite would be subject to approval and permitting by the city/municipality). The home is well-prepped for a mortgage helper or multi-generational living. The exterior is just as impressive with a low-maintenance backyard that includes an aggregate concrete patio, a walkway to the side entrance, and an oversized double detached garage. A paved, extra-wide back lane adds convenience, and you're just around the corner from the Blue Park and the green space on Magnolia Square—perfect for families. Located in Mahogany, one of Calgary’s most sought-after lake communities, this home comes with exclusive access to the city’s largest freshwater lake. Enjoy sandy beaches, swimming, paddleboarding, and fishing, plus over 74 acres of wetlands, beautifully landscaped parks, and an extensive trail system. The nearby Mahogany Village Market offers shops, restaurants, and all your daily needs. With quick access to major roadways, schools, and a warm, welcoming community, Mahogany is more than a place to live—it’s a lifestyle.


Property Details

Style2 Storey
View-
Age of property2021
SqFt~1760.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2239461
Community NameMahogany
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Separate/Exterior Entry,Full,Unfinished

Main Floor

Living Room

12`11" x 12`0"

Dining Room

12`11" x 9`5"

Kitchen

15`3" x 13`10"

Flex Space

10`5" x 7`7"


Features

Patio: Patio,See Remarks

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Jul 14, 2025
ListedActive
$664,900
4 days on market
history photo preview33
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

20 days

2023

25 days

2022

0 day

New Listings

Past 30 days

50 listings

Compared to

2024

43 listings

2023

34 listings

2022

22 listings

Units sold

Past 30 days

29 units

Compared to

2024

27 units

2023

35 units

2022

0 unit

Median Sold Price

Past 30 days

$826,888

Compared to

2024

$775,000

2023

$850,000


Population and Demographics

Overview

Total population 8309
Average household income $151,401

Age (%)

0 to 19
30%
20 to 34
22%
35 to 49
30%
50 to 64
10%
65 and plus
7%

Household composition (%)

Single family
72%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
79%
Tagalog (Pilipino, Filipino)
4%
Spanish
4%
Russian
2%
Mandarin
1%
Arabic
1%
French
1%
Punjabi (Panjabi)
1%
Korean
1%
Others
0%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget