UNBELIEVABLE OPPORTUNITY & A SMART INVESTMENT IN MAHOGANY. This brand-new “Rayn” blends stylish family living with real income potential thanks to a fully developed 2-bedroom, 1-bathroom legal suite with its own private entrance—perfect for rental revenue, extended family, or added flexibility for the future. It’s one of the best 2-bedroom suite layouts you’ll find, with a thoughtful use of space that makes furnishing, living, and renting easy from day one. Inside, the main level feels warm, modern, and highly functional with natural vinyl plank flooring and elevated finishes throughout. The central kitchen is the showpiece, featuring timeless white cabinetry to the bulkhead, a modern backsplash, chimney hood fan, stainless steel appliances, and bright white quartz that wraps the oversized island—ideal for morning coffee, casual meals, or weekend entertaining. The dining area sits perfectly between the kitchen and living room, with room for an extended table when family and friends gather. At the rear of the home, the living room is bright and welcoming with floor-to-ceiling windows that bring in beautiful natural light. A smartly positioned back entry and 2-piece bath add everyday convenience without interrupting the flow of the main living space. Two unique features help set this home apart: a versatile flex room just off the kitchen that works beautifully as a home office, playroom, or fitness space, plus a raised homework/tech nook overlooking the main floor—a fun and functional space that adds personality to the layout. Upstairs, a cozy bonus room offers the perfect spot for movie nights, a kids’ space, or a quiet reading corner. The primary retreat is tucked privately at the back of the home and features an oversized window, generous walk-in closet, and stylish 4-piece ensuite with dual sinks and a full-size shower. The additional bedrooms are well-sized, while the upper laundry keeps daily routines simple and efficient. The legal basement suite is a major bonus, offering 2 bedrooms, 1 bathroom, its own private entrance & a smart layout that maximizes usable space. Whether you’re looking for a mortgage helper, a comfortable space for family, or a long-term investment, this suite adds real value and flexibility. Located in the lake community of Mahogany, this home offers more than just a great floor plan—it offers a lifestyle. Set directly across from the Ollerenshaw Heritage Ranch, you’ll enjoy a unique setting with open views and a sense of history right outside your front door. You’re also close to Mahogany’s main beach access, giving you easy access to the lake, sandy beach, swimming, paddleboarding, skating, playgrounds & year-round community events. With alegal suite, thoughtful design, and a location close to the lake and across from the Ollerenshaw Heritage Ranch, this home is a standout opportunity. **Photos are from the show home/previous builds to demonstrate quality of construction & finishes and may not be an exact representation of this home**
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Zillow last checked:
Listing updated:
Listed by:
Danny James, Associate,
Real Broker,
Chad Kon, Associate,
Real Broker
Source: courtesy of Pillar9 System,MLS®#: A2317507Originating MLS®#: Calgary
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Other
Level: Upper
Dimensions: 12`0" x 11`9"
Bedroom
Level: Upper
Dimensions: 10`2" x 8`5"
Bedroom
Level: Upper
Dimensions: 10`2" x 8`3"
Bedroom
Level: Suite
Dimensions: 11`10" x 9`4"
Bedroom
Level: Suite
Dimensions: 9`0" x 10`0"
Other
Level: Main
Dimensions: 4`11" x 5`0"
Other
Level: Upper
Dimensions: 5`0" x 9`1"
Other
Level: Suite
Dimensions: 8`0" x 5`0"
Other
Level: Upper
Dimensions: 12`0" x 5`0"
Bonus room
Level: Upper
Dimensions: 10`2" x 11`9"
Dining room
Level: Main
Dimensions: 10`0" x 11`7"
Flex space
Level: Main
Dimensions: 8`7" x 9`5"
Kitchen
Level: Main
Dimensions: 14`9" x 8`6"
Kitchen
Level: Suite
Dimensions: 9`9" x 7`4"
Laundry
Level: Upper
Dimensions: 6`5" x 5`0"
Laundry
Level: Suite
Dimensions: 5`0" x 3`1"
Living room
Level: Main
Dimensions: 12`7" x 11`7"
Living room
Level: Suite
Dimensions: 12`2" x 9`4"
Office
Level: Main
Dimensions: 5`11" x 4`10"
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator
Laundry: Upper Level
Features
Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Separate Entrance
Flooring: Carpet
Windows: Vinyl Windows
Basement: Full
Has fireplace: No
Common walls with other units/homes: 1 Common Wall
Interior area
Total interior livable area: 1,698 sqft
Finished area above ground: 1,698
Finished area below ground: 616
Property
Parking
Total spaces: 2
Parking features: Parking Pad
Has uncovered spaces: Yes
Features
Levels: Two,2 Storey
Stories: 1
Patio & porch: None
Exterior features: BBQ gas line
Fencing: None
Frontage length: 6.76M 22`2"
Lot
Size: 2,613 Square Feet
Features: Back Lane, Back Yard, Level, Rectangular Lot, Street Lighting
Details
Zoning: R-2M
Construction
Type & style
Home type: MultiFamily
Property subtype: Semi Detached (Half Duplex)
Attached to another structure: Yes
Materials
Brick, Cement Fiber Board, Wood Frame
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
New construction: Yes
Year built: 2026
Details
Builder name: Hopewell Residential
Community & HOA
Community
Features: Clubhouse, Fishing, Lake, Park, Playground, Sidewalks, Street Lights, Tennis Court(s)
Subdivision: Mahogany
HOA
Has HOA: No
Amenities included: None
HOA fee: C$622 annually
Location
Region: Calgary
Financial & listing details
Price per square foot: C$403/sqft
Date on market: 6/4/2026
Inclusions: Basement - Refrigerator, Electric Stove, Dishwasher, Microwave/Hoodfan Combo
Danny James, Associate
Danny James, Associate
(403) 863-0577
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