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Reduced $10,000 (2%) from $435,000
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122 S 3 Street W
Beds
5
Baths
3 full + 1 half
Sqft
1,201
Year
1966
Type
Single Family
On market
38d
Welcome to 122 S 3 St W in Magrath. A beautifully updated family home offering space, functionality, and an incredible lot in a quiet small-town setting. Situated on a generous 0.29-acre lot, this 5-bedroom, 3-bathroom home has seen extensive updates in the past two years including: the roof, furnace, hot water tank, many windows, and additional improvements completed in 2025, giving buyers peace of mind and move-in-ready comfort. The bright main floor features over 1200 sq ft of well-maintained living space with large windows that fill the home with natural light. The open kitchen and dining area create an inviting space for everyday living and entertaining, while the cozy front living room is perfect for relaxing at the end of the day. Three bedrooms are located on the main level, including a spacious primary bedroom with its own 2-piece ensuite. Downstairs, the newly renovated basement (2025) offers impressive 9+ foot ceilings, new foundation in 2023 and oversized windows that make the space feel bright and open: a rare feature in homes of this era. You’ll find two additional bedrooms, a large family/recreation space, a 3-piece bathroom, laundry, and excellent storage. Outside, the expansive yard offers endless potential for gardening, entertaining, kids, pets, or future projects. The large gravel driveway easily accommodates multiple vehicles, trailers, or an RV. This home combines thoughtful updates, functional space, and exceptional value — all in the welcoming community of Magrath. Contact your REALTOR today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Bedroom | 12.17 Ft x 11.08 Ft | |
| Bedroom | 12.17 Ft x 13.00 Ft | |
| Recreational, Games room | 26.17 Ft x 21.17 Ft | |
| Storage | 5.42 Ft x 9.17 Ft | |
| Furnace | 8.42 Ft x 9.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| 4pc Bathroom | — | |
| Bedroom | 9.50 Ft x 10.75 Ft | |
| Bedroom | 9.42 Ft x 10.75 Ft | |
| Dining room | 9.75 Ft x 12.83 Ft | |
| Kitchen | 9.67 Ft x 12.83 Ft | |
| Living room | 17.25 Ft x 18.17 Ft | |
| Primary Bedroom | 10.33 Ft x 12.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 7, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Magrath. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.