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.

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  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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Coventry Hills
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623 24 Avenue NW
Mount Pleasant Calgary T2M 1X6

$1,478,800
Residential beds: 5 baths: 5.0 2,305 sq. ft. built: 2025

Main Photo: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 1: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 2: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 3: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 4: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 5: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 6: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 7: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 8: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 9: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Photo 10: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2200291
Bedrooms:
5
Bathrooms:
5
Year Built:
2025
COMING THIS SUMMER TO MOUNT PLEASANT! Surrounded by parks and 4th Street amenities – you won’t want to miss this PREMIUM LUXURY DETACHED home w/ over 3175 sq ft of living space. Complete w/ 4-BEDS (optional 5th bedroom in basement), SOUTH BACKYARD, high-end finishes, & luxury upgrades including eng. hardwood flooring, 10’ ceilings, & custom detailing throughout. The open-concept main floor features a HOME OFFICE with views into the main living/dining areas and an impressive, upscale kitchen. Offering custom-built cabinetry, a large central island, a flush eating bar, premium stainless- steel appliances, large pantry & a built-in custom range hood. The spacious living room enjoys an inset gas fireplace w/ tile surround & built-in cabinetry w/ large sliding glass doors that take you out to the South-facing backyard. A side mudroom w/ a bench, closet, & coat hooks keep your family organized & a gorgeous powder room finishes off the main floor. The second level hosts the primary suite featuring a vaulted ceiling, a large walk-in closet, & a 5-pc ensuite w/ dual vanity, heated floors, large glass enclosed shower, a free-standing soaker tub, & a private water closet. Two additional bedrooms have custom closets & their own 3-pc ENSUITE w/ quartz counters, an under-mount sink, & walk-in shower. The fully finished basement makes the perfect entertainment space with a large family room, wet bar w/ sink, a massive 4th bedroom w/ a walk-in closet & easy access to a 4pc bathroom. A large HOME GYM area or optional 5th bedroom nicely completes this level. This home offers a rare TRIPLE GARAGE with tandem parking, with the longest point being 48'. The garage dimensions are 20' x 24', extending to another 13' x 24' giving you and your family ample parking or an optional workshop. Mount Pleasant is a beautiful, mature community made for families & professionals alike. Outdoor activities & trips to the park are easy with Confederation Park, & the Confederation Park playground, only a few blocks away, the Queen’s Park Village Off-Leash Area a short walk away through the park. And when summertime hits, you can cool off in the community-favourite OUTDOOR POOL located right behind your house! Activities & eateries are abundant & conveniently close with easy access to North Mount Pleasant Arts Centre, 4th Spot Kitchen & Bar, Velvet Café, & Milk Ice Cream! Nearby schools include St. Joseph Elementary Junior High School & Ecole de la Rose Sauvage. Plus, commuting around the city is easy w/ 16th Ave nearby & easy navigation to 14th Street or John Laurie Blvd to get around the city! This is the perfect house and community to call home! Currently under construction with an estimated completion mid June there is still time to customize the finishes in this elegant upscale 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:
2,305.03 sq. ft.
Main Level Finished Area:
1,108.2 sq. ft.
Upper Level Finished Area:
1,196.83 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
875.29 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,480 sq. ft.
Lot Frontage:
24'11"
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2025 (Age: 0)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
29340
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Brick, Composite Siding, Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
3
Parking:
See Remarks, Tandem, Triple Garage Detached
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
Upper Level
Mount Pleasant (Calgary)
Built-In Oven, Garage Control(s), Gas Cooktop, Microwave, Range Hood, Refrigerator
N/A
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Living Room
17'8" × 12'
Main Floor
Kitchen
23' × 12'
Main Floor
Dining Room
12' × 10'
Main Floor
Office
10' × 9'6"
Main Floor
Mud Room
5'8" × 5'2"
2nd Floor
Bedroom - Primary
15'11" × 10'
2nd Floor
Walk-In Closet
8' × 6'2"
2nd Floor
Bedroom
15'1" × 9'8"
2nd Floor
Bedroom
15'1" × 9'8"
2nd Floor
Laundry
7'6" × 6'10"
Basement
Bedroom
15' × 9'
Basement
Bedroom
15' × 12'
Basement
Game Room
20' × 11'6"
Basement
Other
8'6" × 6'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
Yes
3
2nd Floor
Yes
3
2nd Floor
Yes
5
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Built-in Features, Closet Organizers, Double Vanity, Kitchen Island, Open Floorplan, Recessed Lighting, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
BBQ gas line, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Low Maintenance Landscape, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C2
Listed Date:
Mar 11, 2025
Days on Mkt:
  • Photo 1: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Photo 1 of 10
  • Photo 2: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    *Photos are for inspiration purposes only, actual finishes and layouts will vary.
  • Photo 3: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Photo 3 of 10
  • Photo 4: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Photo 4 of 10
  • Photo 5: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Photo 5 of 10
  • Photo 6: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Community Photo
  • Photo 7: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Community Photo
  • Photo 8: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Community Photo
  • Photo 9: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Community Photo
  • Photo 10: 623 24 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2200291
    Community Photo
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Listed by RE/MAX House of Real Estate
Data was last updated June 22, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$1,149,750
Min list price:
$199,900
Max list price:
$2,750,000
Avg days on market:
37
Min days on market:
1
Max days on market:
152
Avg price per sq.ft.:
$551.18
These statistics are generated based on the current listing's property type and located in Mount Pleasant. Average values are derived using median calculations.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA