1 day on Market

40 Magnolia Parade, Calgary, Alberta T3M 3E5

Semi-Detached
3
3 + 1
~1374.43 sqft
$585,000
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Semi-Detached
3
3 + 1
~1374.43 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$425/sqft

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Description

Welcome to this beautifully maintained semi-detached home in the award-winning lake community of Mahogany, perfectly positioned on a rare oversized corner lot offering exceptional outdoor space that's hard to find in similar homes. Step inside to a bright and inviting front family room where oversized windows flood the space with natural light. The thoughtfully designed main floor offers an ideal layout for everyday living and entertaining, with a spacious central dining room that takes full advantage of the corner lot thanks to its oversized side window. At the rear of the home, the well-appointed kitchen features a unique dual-passage design that creates an impressive peninsula island, maximizing both functionality and gathering space. Timeless white cabinetry, quartz countertops, a classic white subway tile backsplash and durable laminate flooring throughout the main floor combine to create a clean, modern aesthetic that will never go out of style. Upstairs, retreat to the spacious primary suite complete with a walk-in closet and a private 3-piece ensuite featuring a stand-up shower. Two additional generously sized bedrooms, a full 4-piece bathroom, and the convenience of upper level laundry make this home perfectly suited for families. The unfinished basement offers outstanding future potential with bathroom rough-ins already in place and an excellent layout designed to accommodate a large recreation room, an additional bedroom, as well as plenty of storage. This home also comes complete with air conditioning, providing comfortability for hot summer weather. Outside, the large, fully landscaped backyard is a true standout offering plenty of green space and is complemented by an oversized double detached garage. Located in one of Calgary's most sought-after lake communities, you'll enjoy year-round access to Mahogany Lake, beaches, parks, playgrounds, scenic wetlands and over 22 kilometres of pathways. Families will appreciate the abundance of nearby schools, while Mahogany Village Market, Westman Village, restaurants, cafés, grocery stores, fitness facilities, and everyday conveniences are just minutes away. Commuting is effortless with quick access to Rangeview Boulevard, 88 Street SE, and 52 Street SE, connecting you seamlessly to the rest of the city. Offering an exceptional lot, a functional family-friendly floor plan, and an unbeatable Mahogany lifestyle, this is a home you won't want to miss.


Property Details

Style2 Storey,Attached-Side by Side
View-
Age of property2020
SqFt~1374.43 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2330280
Community NameMahogany
Data SourcePILLAR 9
Listing byCharles

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Unfinished,None

Main Floor

2pc Bathroom

2`8" x 7`3"

Dining Room

12`3" x 5`10"

Kitchen

11`9" x 12`0"

Living Room

12`11" x 16`2"


Features

Patio: Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Jul 20, 2026
ListedActive
$585,000
1 day on market
history photo preview39
Listing by pillar 9®
Property listed by Charles, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Seller's Market

View Market Data

Semi-Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2025

37 days

2024

57 days

2023

34 days

New Listings

Past 30 days

8 listings

Compared to

2025

6 listings

2024

2 listings

2023

15 listings

Units sold

Past 30 days

7 units

Compared to

2025

5 units

2024

4 units

2023

14 units

Median Sold Price

Past 30 days

$590,000

Compared to

2025

$620,000

2024

$821,450

2023

$576,250


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