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377 Magnolia Way SE
Beds
6
Baths
4 full + 1 half
Sqft
2,700
Year
2023
Type
Single Family
On market
0d
Welcome to this exceptional fully finished two-storey home offering over 3,750 sqft. of total developed beautifully designed living space in the award-winning lake community of Mahogany. Combining modern style with outstanding functionality, this six-bedroom home is ideal for growing families. Step inside to a bright open-concept layout featuring luxury vinyl plank flooring, light cabinetry, elegant white quartz countertops, premium blinds, and custom built-ins throughout. The chef-inspired kitchen is the heart of the home, showcasing extensive cabinetry, a massive island, premium KitchenAid stainless steel appliances, a gas cooktop, built-in wall ovens, and a spacious walk-through pantry with custom built-ins connecting directly to the mudroom. The generous dining area is perfect for family gatherings and flows seamlessly into the inviting living room, highlighted by a stunning floor-to-ceiling tiled fireplace. Near the front entrance, frosted French doors lead to a private home office, creating the perfect space for remote work or study. Upstairs, a large central bonus room separates the primary retreat from the secondary bedrooms, providing added privacy and flexibility. The upper level offers four spacious bedrooms, including a luxurious primary suite featuring a spa-inspired five-piece ensuite with a standalone soaker tub, oversized custom-tiled shower, double vanity, and a large walk-in closet with custom organizers. The fully finished basement expands the living space with a massive recreation room, two additional bedrooms, a full four-piece bathroom, and ample storage. Multiple walk-in closets and thoughtfully designed built-ins throughout the home ensure exceptional organization. Outside, the extensive upgrades continue. Enjoy a premium 10' x 14' composite deck complete with handrails and stairs, a 10' sliding wood gate, a 10' x 8' storage shed, and extensive concrete work including oversized parking pad, patios, and stairways. The oversized rear parking pa d provides ample space for additional vehicles, a trailer, or recreational equipment, while the low-maintenance yard means more time enjoying your home and community. Residents enjoy private access to Calgary's largest freshwater lake with year-round activities including swimming, paddleboarding, kayaking, skating, hockey, and ice fishing. You're also just steps from scenic wetlands, walking paths, parks, playgrounds, schools, and Mahogany Village Market with its excellent shopping, dining, and everyday amenities. Don't miss this rare opportunity to own a meticulously upgraded six-bedroom home in one of Calgary's most sought-after communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.67 Ft x 16.75 Ft | |
| Bedroom | 11.42 Ft x 12.67 Ft | |
| Furnace | 11.42 Ft x 18.42 Ft | |
| Recreational, Games room | 11.50 Ft x 20.75 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Office | 10.33 Ft x 8.75 Ft | |
| Living room | 13.92 Ft x 13.42 Ft | |
| Dining room | 13.08 Ft x 14.42 Ft | |
| Kitchen | 16.75 Ft x 15.33 Ft | |
| 2pc Bathroom | 4.83 Ft x 4.67 Ft | |
| Other | 12.17 Ft x 5.75 Ft | |
| Foyer | 5.58 Ft x 11.00 Ft | |
| Pantry | 6.83 Ft x 6.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.67 Ft x 13.17 Ft | |
| Bonus Room | 13.83 Ft x 20.50 Ft | |
| Bedroom | 10.17 Ft x 12.33 Ft | |
| Bedroom | 10.33 Ft x 12.25 Ft | |
| 5pc Bathroom | 8.58 Ft x 8.42 Ft | |
| Bedroom | 12.83 Ft x 10.00 Ft | |
| Laundry room | 5.92 Ft x 10.58 Ft | |
| 5pc Bathroom | 13.50 Ft x 11.42 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
-0.78%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,211
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.
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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Exact location of this listing.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.