Calgary Condos for Sale Under $400,000 | Affordable Urban Living

Discover a range of Calgary condos for sale under $400,000, offering an exceptional blend of affordability, luxury, and modern urban living. These condos are perfect for first-time buyers, young professionals, and savvy investors looking to secure a prime property in Calgary's vibrant real estate market.Calgary condos for sale under $400,000

Located in sought-after neighborhoods such as Beltline, East Village, and downtown Calgary, these condos provide convenient access to shopping, dining, transit, and recreational activities. Many properties feature desirable amenities, including fitness centers, rooftop patios, secure parking, and stunning city views, ensuring a comfortable and stylish lifestyle.

Whether you're searching for a spacious condo with low fees or an investment opportunity in Calgary’s dynamic urban core, the latest Calgary condos for sale under $400,000 have something to suit every need. Start exploring these budget-friendly options and take the first step toward owning your dream condo today.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

Contact Diane Richardson

If you come across any appealing Calgary Condo or Home and would like a closer look, feel free to reach out to me via email, text, or phone. I can arrange a private showing at a convenient time for you. You can contact me at 403-397-3706 through email, text, or phone. Please provide the MLS® number or the property's location that interests you. Whether you're interested in utilizing our effective marketing strategies to list your Calgary home for sale or you want to schedule a private viewing of any property listed on forsaleinCalgary.com, don't hesitate to get in touch with Diane Richardson right away.

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15 Magnolia Street
Mahogany Calgary T3M 4C8

$699,900
Residential beds: 3 baths: 3.0 1,716 sq. ft. built: 2025

Main Photo: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 1: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 2: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 3: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 4: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 5: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 6: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 7: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Photo 8: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2238787
Bedrooms:
3
Bathrooms:
3
Year Built:
2025
Welcome to this brand-new “Lyall” floor plan, a beautifully designed home that combines modern elegance with thoughtful functionality. From the moment you enter, you're welcomed by soaring 10’ ceilings and warm, natural luxury vinyl plank flooring that stretches across the entire main level. At the front of the home, a versatile flex room offers the perfect space for a home office, reading nook, or play area. As you move toward the back, the open-concept living space unfolds with a cozy and inviting living room, an oversized dining area ideal for family gatherings, and a stunning kitchen that serves as the heart of the home. The kitchen features a stylish blend of modern cabinetry and warm wood tones, complete with quartz countertops, classic white subway tile backsplash, stainless steel appliances, and a spacious island—perfect for everyday meals or entertaining guests. Upstairs, a smartly positioned central loft offers a flexible second living space and creates separation between the primary suite and the additional bedrooms. The large primary bedroom is a peaceful retreat, featuring a walk-in closet and a spa-inspired 5-piece ensuite with dual sinks. Two additional bedrooms provide ample space for the kids or guests, and the full 4-piece bathroom and upper laundry room add everyday convenience. A secondary entrance adds even more potential, offering the flexibility for a guest suite, in-law space, or additional living area (subject to city/municipality approval and permitting). Located in the vibrant, four-season lake community of Mahogany, this home offers more than just a beautiful interior. Residents here enjoy access to Calgary’s largest freshwater lake, two private beaches, a Beach Club, tennis courts, skating rinks, fishing spots, playgrounds, and over 22 km of scenic pathways and wetlands. The community also features a bustling Village Market with restaurants, cafés, fitness studios, shopping, and nearby access to the South Health Campus and Seton Urban District. Whether it’s paddleboarding in the summer, skating in the winter, or simply enjoying sunset walks around the wetlands, Mahogany is a lifestyle destination where every day feels like a getaway. This is your chance to experience it all in a home that truly stands out. **Photos are from the showhome /previous builds to demonstrate quality of construction & finishes & may not be an exact representation of this home**
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,716 sq. ft.
Main Level Finished Area:
876 sq. ft.
Upper Level Finished Area:
840 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
2,750 sq. ft.
Lot Frontage:
25'5"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
East
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2025 (Age: 0)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2510243
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Unfinished
Foundation:
Poured Concrete
Builder:
Hopewell Residential
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
None, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$582.00
Mahogany
None
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
12'7" × 10'8"
Main Floor
Dining Room
12'5" × 9'6"
Main Floor
Kitchen
13'6" × 12'6"
Main Floor
Flex Space
9'6" × 9'4"
Upper Level
Loft
10'2" × 9'3"
Upper Level
Bedroom - Primary
12'4" × 11'8"
Upper Level
Bedroom
9'3" × 1'
Upper Level
Bedroom
9'3" × 1'
Upper Level
Laundry
6'9" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'6"
Upper Level
Yes
5
9'1" x 6'3"
Upper Level
No
4
5' x 9'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bathroom Rough-in, Double Vanity, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Vinyl Windows
Exterior Features:
BBQ gas line
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Rectangular Lot, Zero Lot Line
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Jul 11, 2025
Days on Mkt:
  • Photo 1: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 2: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 3: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 4: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 5: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 6: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 7: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
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  • Photo 8: 15 Magnolia Street in Calgary: Mahogany Detached for sale : MLS®# A2238787
    Photo 8 of 8
Listed by Real Broker
Data was last updated July 24, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
165
Avg list price:
$669,800
Min list price:
$259,900
Max list price:
$3,550,000
Avg days on market:
35
Min days on market:
1
Max days on market:
213
Avg price per sq.ft.:
$429.72
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA