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182 S 3 Street E
Beds
7
Baths
5 full + 1 half
Sqft
3,063
Year
1981
Type
Single Family
On market
98d
Tucked away on an extremely quiet street in the heart of Magrath, this massive family home offers an incredible blend of space, privacy, and charm, all while being located in a beautiful area close to rolling hills, green space, a creek, and so much beautiful nature that give it a peaceful, acreage-like feel! Sitting on over a third of an acre and surrounded by amazing neighbours, this property boasts stunning curb appeal with its timeless brick exterior, cedar shake roof, spacious yard, and mature trees, along with the convenience of a double attached garage. Inside, you’ll find numerous updates throughout the years including beautiful hardwood floors across the main living areas, granite countertops, fresh paint throughout, and several newer appliances including a brand new dishwasher, PLUS a massive laundry room featuring two sets of new washers and dryers to accommodate a busy household. The chef’s dream kitchen offers an abundance of cabinetry, expansive counter space, a huge island perfect for gathering, and a good-sized pantry, while both an eat-in dining area and a formal dining space provide flexibility for everyday living and entertaining! With seven bedrooms and four and a half bathrooms, including a massive ensuite with a jetted tub in the primary, this home is ideal for large families or those looking to accommodate in-laws or multigenerational living. The primary suite is truly an oasis - situated in its own private wing with space for a king-sized bed, a huge walk-in closet, and a cozy natural gas fireplace. Additional character shines throughout with shiplap accents, crown moulding, and wooden indoor shutters instead of traditional window blinds. Four separate family/living rooms with 2 having wood-burning fireplaces and even an exterior wood-burning fireplace ensure there is space for everyone to relax and unwind during the cold winter months. The fully developed walk-out basement and three decks expand your living space outdoors, making it easy to enjoy the serene setting and mature surroundings! With its prime location, incredible square footage, thoughtful updates, and rare combination of privacy and proximity to nature, this one-of-a-kind property truly has it all — call your REALTOR® today and get your showing booked right away! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.17 Ft x 14.00 Ft | |
| Family room | 20.92 Ft x 13.42 Ft | |
| 4pc Bathroom | 7.33 Ft x 10.08 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.75 Ft x 17.25 Ft | |
| Bedroom | 7.50 Ft x 9.42 Ft | |
| Recreational, Games room | 27.42 Ft x 28.83 Ft | |
| Storage | 21.83 Ft x 13.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Breakfast | 5.33 Ft x 9.83 Ft | |
| Dining room | 11.08 Ft x 12.67 Ft | |
| Kitchen | 18.83 Ft x 14.25 Ft | |
| Family room | 16.42 Ft x 16.67 Ft | |
| Living room | 15.08 Ft x 12.92 Ft | |
| Office | 11.92 Ft x 11.50 Ft | |
| 2pc Bathroom | 5.33 Ft x 5.50 Ft | |
| Other | 5.08 Ft x 8.92 Ft | |
| Laundry room | 10.50 Ft x 9.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.08 Ft x 11.25 Ft | |
| Bedroom | 9.08 Ft x 9.67 Ft | |
| Bedroom | 13.00 Ft x 14.17 Ft | |
| 5pc Bathroom | 7.33 Ft x 9.08 Ft | |
| 3pc Bathroom | 7.42 Ft x 4.50 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 18.17 Ft x 21.17 Ft | |
| Other | 6.92 Ft x 8.25 Ft | |
| 5pc Bathroom | 8.17 Ft x 14.67 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).
Cash on cash
-1.11%
Cap rate
4.64%
GRM
13.9
Break-even rent
$4,027
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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 May 19, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.