Discover Affordable Mahogany Homes for Sale Under $500,000 in Calgary (Updated Daily)

Mahogany, the vibrant and desirable community in Calgary, is not just known for its luxurious lakefront properties. The neighborhood also offers a selection of homes for sale under $500,000, providing an excellent opportunity for first-time homebuyers, young families, and those seeking more affordable options without compromising on the Mahogany lifestyle.

Highlights of Mahogany Homes Under $500,000 in Calgary

  1. Lakeside Living at a Lower Price Point: While Mahogany is renowned for its premium lakefront homes, the community also features more affordable options, allowing residents to enjoy the benefits of lakeside living without breaking the bank.

  2. Diverse Home Styles: The homes for sale under $500,000 in Mahogany come in a variety of styles, including townhouses, semi-detached, and compact single-family residences, catering to diverse homebuyer needs and preferences.

  3. Functional and Efficient Layouts: These more affordable Mahogany homes often feature well-designed floor plans that maximize living space, with open-concept living areas, ample storage, and thoughtful use of square footage.

  4. Modern Finishes and Amenities: Even at the lower price point, the Mahogany homes under $500,000 boast contemporary finishes, such as stainless steel appliances, quartz or granite countertops, and energy-efficient features, providing a sense of quality and comfort.

  5. Access to Community Amenities: Regardless of the home's price, Mahogany residents enjoy full access to the community's exceptional amenities, including the 49-acre lake, parks, walking trails, recreation centers, and a vibrant commercial district.

  6. Ideal for First-Time Homebuyers: The Mahogany homes under $500,000 represent an excellent entry point into the Calgary real estate market, allowing first-time homebuyers to establish a foothold in a highly desirable community.

  7. Investment Potential: With Mahogany's reputation for growth, desirability, and continuous development, these more affordable homes can offer strong long-term investment opportunities for homeowners.

  8. Convenient Location: Mahogany's strategic location provides easy access to major transportation routes, employment hubs, and a variety of recreational and leisure options, making it an attractive choice for a wide range of homebuyers.

Work with a Trusted Real Estate Professional

To explore the available Mahogany homes for sale under $500,000 in Calgary, we recommend partnering with a seasoned real estate expert like Diane Richardson. Diane's deep understanding of the local market and commitment to personalized service will ensure you find the perfect home that aligns with your budget, lifestyle, and investment goals.

Contact Diane Richardson:
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Discover the Affordable Allure of Mahogany, Calgary

Explore the captivating Mahogany homes for sale under $500,000 in Calgary, where lakeside living, modern amenities, and exceptional value converge. Partner with Diane Richardson to find your dream home in this vibrant and desirable community.

There are several ways to contact Diane Richardson:

  1. Contact form: Fill out the contact form on my website to send me a message directly from the page. Please include your name, email address, and a message, along with the property address or MLS® number for the listing you're interested in.

  2. Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.

  4. Live chat: Utilize the live chat feature on my website to get in touch with me in real-time and receive immediate answers to your questions.

No matter which method you choose, I'm always here to assist you with your real estate needs.

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A 4120 1A Street SW
Parkhill Calgary T2S 1R8

$3,799,000
Residential beds: 2 baths: 3.0 3,006 sq. ft. built: 2025

Rendering of front with landscaping.
Photo 1: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 2: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 3: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 4: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 5: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 6: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 7: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 8: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 9: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 10: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 11: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 12: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 13: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 14: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 15: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Photo 16: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2196483
Bedrooms:
2
Bathrooms:
3
Year Built:
2025
The Penthouse at Parkhill Flats. Step into the pinnacle of modern grandeur, where thoughtful details, premium construction, and cutting-edge design in the form of ‘Stacked Bungalows’ await. This single-level penthouse spans over 3,000 sq. ft., offering an expansive open-concept design that blends grand proportions with a warm, intimate ambiance. Designer millwork, natural stone, and wide-plank white oak hardwood floors exude timeless appeal and refined elegance. Drive through secure gated access to your private, heated 4-car garage, with ceiling heights that will accommodate a lift. Your private elevator takes you directly to the penthouse, opening into a spacious, welcoming foyer. Soaring 16 foot ceilings and transom windows flood the great room with natural light. Beyond, a 30 x16 foot, partially covered patio offers alfresco dining with a built-in kitchen, perfect for hosting summer gatherings. The high-performance Wolf & Sub-Zero kitchen, paired with bespoke hand-crafted cabinetry, will inspire any culinary enthusiast. Whether entertaining in the formal dining room bathed in soft evening light with views of Stanley Park or enjoying a cozy evening by the fire, this residence is designed for effortless luxury living. The primary retreat offers an indoor-outdoor connection to the patio, ideal for morning coffee with panoramic park views. A spa-inspired ensuite, wrapped in glossy porcelain tiles, features an extensive vanity and an impressively sized walk-in closet. A second bedroom with ensuite and walk-in closet, along with a den and laundry room, complete the single-level layout. This home boasts unparalleled ‘lock-and-leave’ convenience with abundant in-unit storage and an additional private storage room on the garage level, perfect for a home gym, golf simulator, or theatre, catering to every facet of privacy and convenience. ICF full-height exterior walls, triple-pane windows, a sprinkler system, and carefully engineered floor between the units to eliminate noise transfer, and many more exemplary commercial construction details are embodied in this build. The Glencoe Club, Calgary Golf & Country Club, Britannia Shopping Plaza, all the amenities of Mission and access to downtown are all a short 10 minute drive. An architectural triumph, this top-level suite redefines luxury living, offering a rare blend of lock and leave convenience paired with privacy, sophistication, and modern innovation that truly needs to be experienced to be fully appreciated.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Bare Land Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Penthouse, Attached-Up/Down
Total Living Area:
3,006 sq. ft.
Main Level Finished Area:
3,006 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
723 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$.00
Condo Fee Includes:
See Remarks
HOA Fee Frequency:
Monthly
HOA Fee Includes:
Lot Area:
7,954 sq. ft.
Lot Frontage:
46'10½"
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Floor Location:
Top
Entry Level:
2
Stories Total:
2
Levels:
Single Level Unit
End Unit:
No Common Walls, No One Above
Total Rooms Above Grade:
7
Year built:
2025 (Age: 0)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0814387
Heating:
Fan Coil, In Floor, Fireplace(s), Forced Air
Basement:
See Remarks, Walk-Out To Grade
Foundation:
ICF Block
Builder:
Coulee Ridge Developments
New Constr.:
Yes
Construction Material:
ICFs (Insulated Concrete Forms), Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Flat Torch Membrane
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Great Room
Garage:
1
Garage Spaces:
4
Parking:
Alley Access, Concrete Driveway, Electric Gate, Garage Door Opener, Garage Faces Rear, Heated Garage, Quad or More Attached, Secured, Tandem
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Laundry Room
HOA Fee:
$850.00
Condo Fee Frequency:
Monthly
Z-name Not Listed
Parkhill
Elevator(s), Secured Parking
Built-In Freezer, Built-In Refrigerator, Dishwasher, Double Oven, Dryer, Garburator, Gas Cooktop, Range Hood, Washer, Wine Refrigerator
None
None Known
Call
Floor
Type
Size
Other
Main Floor
Kitchen
23'2" × 15'7"
Main Floor
Dining Room
17'1" × 15'10"
Main Floor
Living Room
22'3" × 22'3"
Main Floor
Den
11'9" × 9'10"
Main Floor
Foyer
12'4" × 10'11"
Main Floor
Laundry
13'1" × 8'2"
Main Floor
Walk-In Closet
18'2" × 11'11"
Main Floor
Bedroom - Primary
15'11" × 14'11"
Main Floor
Bedroom
14'8" × 12'1"
Lower Level
Flex Space
25'7" × 16'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
14'2" x 16'6"
Main Floor
Yes
3
6'5" x 8'10"
Main Floor
No
2
5'2" x 6'2"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Chandelier, Closet Organizers, Double Vanity, Elevator, High Ceilings, Kitchen Island, Open Floorplan, Separate Entrance, Soaking Tub, Stone Counters, Storage, Walk-In Closet(s), Wired for Data, Wired for Sound
Exterior Features:
Balcony, BBQ gas line, Lighting, Outdoor Kitchen
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane, Landscaped, Views
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Mar 15, 2025
Days on Mkt:
  • Photo 1: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of front with landscaping.
  • Photo 2: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of living room with 16' ceilings and transom windows.
  • Photo 3: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of living room.
  • Photo 4: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of Kitchen.
  • Photo 5: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of Kitchen.
  • Photo 6: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of private elevator access to spacious foyer.
  • Photo 7: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of Primary Bedroom.
  • Photo 8: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of Primary Ensuite.
  • Photo 9: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of rear exterior, parking, electric gate, additional parking and garage.
  • Photo 10: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of quad tandem garage with ample ceiling height for car lift.
  • Photo 11: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of Golf Simulator idea for large storage space in the garage level.
  • Photo 12: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of home gym idea for large storage space in the garage level.
  • Photo 13: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of storage, workshop idea for large storage space in the garage level.
  • Photo 14: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Rendering of theatre room idea for large storage space in the garage level.
  • Photo 15: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Proximity to Calgary's downtown core and beautiful Stanley Park. (Build is on far RHS outlined in white)
  • Photo 16: A 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2196483
    Stanley Park out the front and a 5 minute walk to Parkhill Park, also with tennis courts, fields, & playground.
Listed by Sotheby's International Realty Canada
Data was last updated May 15, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,332,500
Min list price:
$184,900
Max list price:
$3,799,000
Avg days on market:
31
Min days on market:
5
Max days on market:
87
Avg price per sq.ft.:
$561.18
These statistics are generated based on the current listing's property type and located in Parkhill. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706