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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48 99 Midpark Gardens SE
Midnapore Calgary T2X 1L5

$489,900
Residential beds: 3 baths: 2.0 1,422 sq. ft. built: 1979

Main Photo: 48 99 Midpark Gardens SE in Calgary: Midnapore Row/Townhouse for sale : MLS®# A2233389
Photo 1: 48 99 Midpark Gardens SE in Calgary: Midnapore Row/Townhouse for sale : MLS®# A2233389
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Photo 44: 48 99 Midpark Gardens SE in Calgary: Midnapore Row/Townhouse for sale : MLS®# A2233389
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2233389
Bedrooms:
3
Bathrooms:
2
Year Built:
1979
Comfort, nature, and lifestyle—all in one place, welcome to the lake community of Midnapore! Tucked away in a quiet enclave and backing onto serene greenspace, this beautifully updated townhome in Lake Midnapore offers a rare blend of natural tranquility and urban convenience. You're welcomed by a private front driveway and a single attached garage with an upgraded door. Just off the garage, a spacious entryway adds function and charm, featuring a dedicated area for storage and a bench for slipping off your shoes. Upstairs, the main living area impresses with soaring ceilings, a stunning wood-burning fireplace with full-height masonry, and stylish laminate flooring. From here, step out onto your rebuilt private deck—a peaceful, tree-lined setting that’s perfect for morning coffee or evening entertaining. The open-concept dining area connects effortlessly to a bright, eat-in kitchen, equipped with stainless steel appliances, generous cabinet space, and new Lux windows throughout the home for exceptional light and energy efficiency. Designed with comfort in mind, this home offers two full bathrooms—one conveniently located on the main level and another upstairs. The spacious primary suite is a true retreat, featuring dual closets and direct access to the updated bathroom. Two additional upper bedrooms provide flexible space for family, guests, or a home office. The unfinished basement offers plenty of storage and exciting potential for future development. Living in Midnapore means more than just owning a home—it’s embracing a lifestyle. As a resident, you’ll enjoy year-round lake access and an incredible variety of amenities, including fitness classes like yoga and pilates, pickleball, tennis and basketball courts, skating rinks in winter, scenic walking trails, waterfalls, and BBQ areas. The community also hosts frequent events and activities for all ages. With easy access to Fish Creek Park, the CTrain, shopping, restaurants, and more—plus a pet-friendly environment—this location truly has it all. Don’t miss your chance to own in one of Calgary’s most established and amenity-rich communities.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,421.73 sq. ft.
Main Level Finished Area:
723.36 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
306.6 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$414.00
Condo Fee Includes:
Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Frequency:
Annually
HOA Fee Includes:
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:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
1979 (Age: 46)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7911286
Heating:
Forced Air
Basement:
Partial, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
Yes
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Lower Level
HOA Fee:
$320.25
Condo Fee Frequency:
Monthly
Midpark Gardens
Midnapore
Snow Removal
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer, Window Coverings
NA
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Den
9'11" × 9'7"
Main Floor
Dining Room
10'9" × 8'5"
Main Floor
Kitchen
10'9" × 8'1"
Main Floor
Living Room
17'4" × 15'1"
Upper Level
Bedroom
13'10" × 8'6"
Upper Level
Bedroom
12'7" × 8'4"
Upper Level
Bedroom - Primary
17'3" × 14'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
8'4" x 6'2"
Upper Level
No
4
4'11" x 8'4"
Title to Land:
Fee Simple
Community Features:
Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Open Floorplan, See Remarks
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-C1 d100
Listed Date:
Jun 20, 2025
Days on Mkt:
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3D Tour

Listed by RE/MAX First
Data was last updated July 30, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$429,900
Min list price:
$237,900
Max list price:
$2,349,900
Avg days on market:
18
Min days on market:
5
Max days on market:
124
Avg price per sq.ft.:
$408.65
These statistics are generated based on the current listing's property type and located in Midnapore. 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