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Calgary · Single Family · under $925,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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199 Magnolia Way SE
A wonderful URBAN STYLE Jayman BUILT "SONATA" home with basement legal suite and Triple garage! All on an oversized corner homesite (wide side yards) with over $80K in upgraded features and landscaping. Meticulously maintained & crafted by the original owner's - Truly a custom-built DREAM home. Over 2515 SF of luxury living space offering 4 bedrooms, 3.5 baths & fully finished permitted basement suite ... Check out the floor plan and pictures! This OPEN design features 8' & 12' main floor ceilings - Spectacular CHEF's kitchen all overlooking the dining area and the lower great room. Upgraded features include Triple pane windows, quartz counter tops, tankless water heater, active heat recovery system, luxury wide plank hardwood flooring, berber carpet on stairs, light & plumbing fixtures, glass railing, baseboard, doors and casings... and so much more! The kitchen is masterfully designed for efficiency and entertaining; Sleek modern full height white upper cabinet doors, soft close drawers and doors, extended cabinet wall with glass doors, white quartz counter tops, upgraded Kitchen Aid stainless steel appliances with a gas cooktop & hood cover, tiled backsplash, dramatic peninsula island with pendants and eating bar for three & under mount black granite sink with window above, and pantry. Upstairs includes an oversized primary bedroom with a full spa like ensuite with a supersized walk-in closet. Plus, 2 good sized spare bedrooms, upper laundry room with storage. BONUS: Basement suite fully finished with a large family room, bedroom and full bath. Other impressive features include AC, Water softener, Instant hot water tap, Hot tub/Gazebo, Gemstone lighting in concrete walkway, 12 Roof top Solar panels, High 10' - 11' basement ceilings, south side facing back yard with upper wood deck, side yard concrete walkways, side door entry, lower 26' x 18' exposed aggregate concrete patio with pergola and hot tub, detached 32'x22' - 3 car heated garage with 220 panel, rich fro nt curb appeal with stone details and cover entry. Quick possession date available! Call your friendly REALTOR(R) to book a viewing! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 10.08 Ft x 14.33 Ft | |
| Bedroom | 10.42 Ft x 11.33 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Furnace | .00 Ft x .00 Ft | |
| Kitchen | 7.42 Ft x 9.75 Ft | |
| Laundry room | 3.42 Ft x 3.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.00 Ft x 17.42 Ft | |
| Kitchen | 11.33 Ft x 14.92 Ft | |
| Dining room | 10.00 Ft x 13.42 Ft | |
| Foyer | 5.58 Ft x 5.92 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Other | 3.58 Ft x 7.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.50 Ft x 10.83 Ft | |
| Bedroom | 8.92 Ft x 11.25 Ft | |
| Primary Bedroom | 12.25 Ft x 12.42 Ft | |
| Laundry room | 3.33 Ft x 6.00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 5pc Bathroom | .00 Ft x .00 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
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,239
Financing
Operating expenses (monthly)
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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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 10, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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