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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2371 20 Avenue NW
Banff Trail Calgary T2M 4C9

$3,500,000
Multi-Family 5,821 sq. ft. built: 2025

Front elevation on a corner lot
Photo 1: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Photo 2: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Photo 3: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Photo 4: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Photo 5: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Photo 6: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Photo 7: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2228946
Year Built:
2025
Presenting an excellent opportunity to expand your investment portfolio close to the U of C! This BRAND NEW 8-plex is nearing completion (end of July), located on a large 55x120 corner lot mere minutes from the University of Calgary and University C-Train station. The upper 2 storey units offer 10' main floor ceilings, 9' and vaulted 2nd floor, a Primary bedroom with a 4 piece ensuite and walk-in closet, 2 more bedrooms, 4pc bathroom, powder room, living room, kitchen, dining room and laundry. Living room has built-in features, front and rear entrance and single garage parking. Lower units have 9' ceilings, 1 bedroom plus a flex room, living room, kitchen and laundry as well. Interiors will also have stainless steel appliances, QUARTZ counters and LVP floors with tiled bathrooms. The exterior is well presented with Hardie siding and stone accents, sidewalks front/rear and nicely treed too! Take advantage of Calgary's booming rental market in one of the most desireable locations with C-Train access, minutes to the University and less than 15 minutes to downtown.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Townhouse
Total Living Area:
5,821 sq. ft.
Main Level Finished Area:
715 sq. ft.
Upper Level Finished Area:
749 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
715 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,749 sq. ft.
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:
Reg. Size:
Reg. Size Includes:
Levels:
Two
Year built:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
9110GI
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
Builder:
Samdisha Homes
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Tile, Vinyl Plank
Garage:
1
Garage Spaces:
4
Parking:
Quad or More Detached
Parking Places:
4
Parking Total/Covered:
4 / -
Banff Trail
See Remarks
N/A
None Known
Title to Land:
Fee Simple
Interior Features:
Built-in Features
Exterior Features:
BBQ gas line
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jun 08, 2025
Days on Mkt:
  • Photo 1: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    Front elevation on a corner lot
  • Photo 2: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    Front elevation
  • Photo 3: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    Garage pad to be completed
  • Photo 4: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    West unit entry
  • Photo 5: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    Rear sidewalks/entry
  • Photo 6: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    East side with meters
  • Photo 7: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2228946
    Main unit living with built ins
Listed by Century 21 Bamber Realty LTD.
Data was last updated June 19, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$1,750,000
Min list price:
$319,900
Max list price:
$12,750,000
Avg days on market:
30
Min days on market:
2
Max days on market:
165
Avg price per sq.ft.:
$464.7
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA