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 bon us, 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 legal 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. 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 a legal suite, thoughtful design, and a location close to the lake and the Ollerenshaw Heritage Ranch, this home is a standout opportunity. **For a limited time, eligible buyers purchasing a new Hopewell spec home with move-in before December 31, 2026, can choose from three incentive packages valued at up to $5,000; conditions apply and details must be confirmed with Hopewell Residential. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
1,698 sq. ft.158 m2
Finished Area Above Grade:
1,698 sq. ft.158 m2
Zoning:
R-G
Taxes:
$1,316 /
2026
City Quadrant:
Southeast
Community:
Mahogany
Exterior Features:
Stone
Community Features:
Fishing
Structure Type:
Duplex
Appliances Included:
Refrigerator, Dishwasher, Stove, Microwave, Hood Fan
Bedrooms:
5
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0
Half Bathrooms:
1
Construction Material:
Wood frame
Cooling:
None
Fireplace:
No
Floor finish:
Tile, Carpeted, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced air, Natural gas
# Storeys:
2.0
Basement:
Finished, Full, Separate entrance, Suite
Fence Type:
Not fenced
Lot Frontage:
32'7"9.94 m
Lot Size:
2,756 sq. ft.256 m2
Lot Details:
256.00
Lot Features:
Back lane, No Animal Home, No Smoking Home, Level, Gas BBQ Hookup
Data was last updated October 31, 2026 at 07:15 AM (UTC)
Area Statistics
Listings on market:
124
Avg list price:
$671,950
Min list price:
$219,900
Max list price:
$2,149,900
Avg days on market:
43
Min days on market:
0
Max days on market:
404
Avg price per sq.ft.:
$403.37
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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.