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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631 28 Avenue NW
Mount Pleasant Calgary T2M 2L2

$1,299,999
Residential beds: 4 baths: 4.0 1,927 sq. ft. built: 2025

Main Photo: 631 28 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2222474
Photo 1: 631 28 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2222474
Photo 2: 631 28 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2222474
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2222474
Bedrooms:
4
Bathrooms:
4
Year Built:
2025
Built on an incredible lot in Mount Pleasant, only steps to Confederation Park, this well appointed infill built by Boulevard Development Corporation will be ready for occupancy in the early Summer. The finished basement can be converted into a basement suite if so desired, but would be subject to approval and permitting by the city/municipality. This home is currently under construction, will exceed all expectations, and this is a great opportunity to get involved now to work with the builder and design team to customize your finishes!
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:
1,927 sq. ft.
Main Level Finished Area:
929 sq. ft.
Upper Level Finished Area:
998 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
630 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,000 sq. ft.
Lot Frontage:
25'
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
Floor Location:
Ground
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2025 (Age: 0)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
3955R
Heating:
In Floor Roughed-In, Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Concrete, Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Other
Cooling:
Other
Fireplaces:
1
Fireplace Details:
Gas, Great Room, Tile
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room
Mount Pleasant (Calgary)
Gas Cooktop, Gas Water Heater, Humidifier, Microwave, Oven-Built-In, Range Hood, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
16'8" × 11'8"
Main Floor
Living Room
15'11" × 11'11"
Main Floor
Dining Room
15'6" × 10'6"
Main Floor
Foyer
5'6" × 5'
Main Floor
Mud Room
5'8" × 5'2"
Upper Level
Bedroom - Primary
22' × 15'11"
Upper Level
Walk-In Closet
8' × 6'2"
Upper Level
Bedroom
13' × 8'
Upper Level
Walk-In Closet
5'8" × 4'
Upper Level
Bedroom
12'6" × 8'
Upper Level
Walk-In Closet
4'6" × 4'6"
Upper Level
Laundry
7'6" × 5'11"
Basement
Family Room
15' × 13'6"
Basement
Furnace/Utility Room
11'6" × 5'11"
Basement
Bedroom
13'1" × 9'
Basement
Storage
7' × 4'10"
Basement
Flex Space
12'6" × 8'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'2"
Upper Level
Yes
4
7'6" x 12'6"
Upper Level
No
4
4'11" x 7'11"
Basement
No
4
4'11" x 8'11"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Built-in Features, Open Floorplan, Quartz Counters, Soaking Tub, Sump Pump(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck, Front Porch, Patio
Lot Features:
Back Lane, Back Yard, Front Yard, Interior Lot, Landscaped, Lawn, Level, Rectangular Lot, Street Lighting, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
May 18, 2025
Days on Mkt:
  • Photo 1: 631 28 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2222474
    Photo 1 of 2
  • Photo 2: 631 28 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2222474
    Photo 2 of 2
Larger map options:
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Listed by Royal LePage Solutions
Data was last updated June 25, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$1,159,500
Min list price:
$199,900
Max list price:
$2,750,000
Avg days on market:
34
Min days on market:
1
Max days on market:
155
Avg price per sq.ft.:
$551.97
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