167 Magnolia Terrace SE

UNBELIEVABLE OPPORTUNITY & A "SUITE" INVESTMENT!!! Purchase this incredible showhome at today's prices while taking advantage of the leaseback program for up to two years. What looks like it was plucked right from the pages of Martha Stewart Living is the brand new "Lyall" floor plan that's sure to impress with 10’ tall main floor ceilings! An open concept home with natural luxury vinyl plank flooring that spans the entire main level and provides warmth and contrast to the modern touches throughout. A front flex room provides plenty of options for your family and is the perfect space to read, work or play! As you move down the hall into the back of the home you will immediately notice the 10' ceilings throughout bringing a grand feel to the space without losing that homey feel. A cozy living room greets you and is highlighted by the electric fireplace that faces the entire space bringing even more warmth to the home. A central dining space is oversized and will be home to many dinners with friends and family. The back kitchen is a showstopper and features a perfect blend of modern colors with the warm natural tones of the island. Add to that your gas stove, chimney hoodfan, classic white backsplash & quartz counters and it's sure to be the talk of all your friends. Upstairs a smartly positioned bonus room provides separation from the primary bedroom and kids rooms. The large primary bedroom takes full advantage of the corner lot with added windows to the south and west for incredible natural light, and the 5 piece ensuite is the perfect compliment to such a wonderful space. 2 kids rooms provide lots of room for the growing family and the upper laundry and additional 4 piece bath make wash day a breeze. But that's not all!! An incredible 2 bedroom 2 bathroom legal suite provides the perfect mortgage helper or mother in law suite. A separate entrance ensures your lower tenants don't disrupt you and brings them down to a well thought out 2 bedroom 2 bathroom suite complete with full kitchen, living room and two good sized bedrooms including one with its own ensuite. A sunny south exposure can be enjoyed all summer long and the double detached garage ensures your cars are secure and warm all year long!You'll be excited to call Mahogany home! **Builder will continue to use this home as a show home until the new show homes are completed (likely possession date will be 2 years but could be earlier/later). Builder will lease back the property from the purchaser at 5% of the original contract purchase price, before GST (divided by 12 months)**.