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77 Magnolia Heath SE
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Beds
3
Baths
3 full + 1 half
Sqft
1,470
Year
2021
Type
Single Family
On market
13d
**Open House Cancelled** Beautifully presented in the sought-after lake community of Mahogany, this three-bedroom half-duplex offers a polished blend of modern comfort, thoughtful design, and effortless everyday living. Meticulously maintained by the original owners, this home showcases pride of ownership throughout. The main floor is bright and inviting, with an open flow between the kitchen, dining, and living areas that feels both refined and highly functional. The kitchen brings a timeless, tailored feel with greige cabinetry, white quartz countertops, stainless steel appliances, a subway tile backsplash, and a breakfast bar that creates a natural place to start to the day. Vinyl plank flooring, adds warmth and durability throughout the main level, while large windows and patio doors draw in soft natural light and open directly to the backyard. Outside, the generous deck with pergola extends the living space beautifully, while the expansive backyard offers an impressive stretch of lush grass space rarely found in similar homes, creating an elegant setting for summer dinners, morning coffee, or relaxed evenings outdoors. Upstairs, a spacious bonus room adds valuable additional living space, ideal for a media area, playroom, or home office. The primary bedroom offers a calm and private retreat with a three-piece ensuite, while two additional bedrooms provide excellent space, comfortable proportions, and generous closet storage, complemented by a full four-piece bath. The undeveloped basement is ready for your future vision, whether designed as a media room, fitness space, guest area, or additional family living, and already includes a bathroom rough-in for future development. This home is also equipped with air conditioning for added year-round comfort. Set within one of Calgary’s most loved lake communities, Mahogany offers a four-season lifestyle with lake access, beaches, the Beach Club, pathways, parks, wetlands, shopping, restaurants, and everyday amenities a ll close to home. Fresh, elegant, and easy to live in, this is a beautifully kept home in a community that continues to be one of the city’s most desirable places to settle. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 4.02 M x 2.28 M | |
| Living room | 3.68 M x 2.91 M | |
| Kitchen | 3.16 M x 2.28 M | |
| 2pc Bathroom | 1.47 M x 1.68 M |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 3.35 M x 5.20 M | |
| Primary Bedroom | 6.27 M x 3.68 M | |
| Bedroom | 3.99 M x 2.59 M | |
| Bedroom | 3.99 M x 2.50 M | |
| 3pc Bathroom | 1.49 M x 2.58 M | |
| 4pc Bathroom | 2.45 M x 1.51 M |
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
-6.85%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,783
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 May 31, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.