177 Magnolia Terrace SE

UNBELIEVABLE OPPORTUNITY & A "Sweet" INVESTMENT!!! Purchase this incredible showhome at today's prices while taking advantage of the leaseback program for up to 18 months. Welcome to the brand new "Joni" floor plan featuring just over 1,600 sq. ft. of above grade space, soaring 10 foot ceilings throughout the main floor and an incredible 2-bedroom basement legal suite that will help with the mortgage or provide a perfect space for the in laws or live in nanny. An open concept home with white oak luxury vinyl plank flooring that spans the entire main level and provides the perfect contrast to the modern tones 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 with a back kitchen that's built for entertaining! Oh, and professionally designed with modern white cabinets, navy island, modern stacked backsplash, chimney hoodfan, white quartz counters & an oversized pantry. The high ceilings allow for an oversized back window above the sink to watch the kids play out back and showers the entire space with natural light. The central dining room provides the perfect space for family meals and the front living room is cozy space for family movie night. Upstairs a smartly positioned bonus room provides separation from the primary bedroom and kids rooms. The primary bedroom is huge and provides plenty of room for furniture options and the 5 piece ensuite is a great place to start or end your day. The two kids rooms at the other end of the home provide room to grow and the upper laundry and 4 piece bath ensure wash day is a breeze! But that's not all!! An incredible 2 bedroom 2 bathroom legal suite provides the perfect mortgage helper or mother in law legal 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 legal suite complete with full kitchen, living room and two good sized bedrooms including one with its own ensuite bath. 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 18 months but could be earlier/later). Builder will lease back the property from the purchaser at 5.5% of the original contract purchase price, before GST (divided by 12 months)**.