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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36 2323 Oakmoor Drive SW
Palliser Calgary T2V 4T2

$479,000
Residential beds: 4 baths: 4.0 1,354 sq. ft. built: 1976

Main Photo: 36 2323 Oakmoor Drive SW in Calgary: Palliser Row/Townhouse for sale : MLS®# A2211335
Photo 1: 36 2323 Oakmoor Drive SW in Calgary: Palliser Row/Townhouse for sale : MLS®# A2211335
Photo 2: 36 2323 Oakmoor Drive SW in Calgary: Palliser Row/Townhouse for sale : MLS®# A2211335
Photo 3: 36 2323 Oakmoor Drive SW in Calgary: Palliser Row/Townhouse for sale : MLS®# A2211335
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Photo 31: 36 2323 Oakmoor Drive SW in Calgary: Palliser Row/Townhouse for sale : MLS®# A2211335
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2211335
Bedrooms:
4
Bathrooms:
4
Year Built:
1976
Welcome to this well-kept and spacious 4-bedroom townhouse located in a highly desirable area of Calgary, just steps from the scenic Glenmore Park. This home offers comfort, functionality, and recent upgrades — perfect for families, first-time buyers, or investors. The main floor features a cozy living room, a bright dining area, and a functional kitchen that flows perfectly for everyday living or entertaining. Upstairs, you'll find three generous bedrooms, a full bathroom, and a convenient half bath for added comfort. The fully developed basement adds incredible value with a large rec room (that could be used as a 4th bedroom), a kitchenette, and a brand-new full bathroom — ideal for guests, extended family, or even rental potential. Plus hot water tanks and furnace are recently upgraded. Enjoy the outdoors in your private backyard – a perfect spot to relax or garden. And benefit from a single garage for secure parking and storage. Recent updates in a condo include: new windows, new garage door and new roof (2025), front yard landscaping scheduled for spring-summer 2025. This is your chance to own a move-in-ready home in a prime location with nature, parks, schools, and amenities all within easy reach.
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:
1,354 sq. ft.
Main Level Finished Area:
613 sq. ft.
Upper Level Finished Area:
741 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
532 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$484.55
Condo Fee Includes:
Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
1976 (Age: 49)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:2, Half:2)
Plan:
7810544
Heating:
Central
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Siding
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
1
Parking:
Parking Pad, Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Oakmoor Rise
Palliser
None
Dishwasher, Electric Oven, Garage Control(s), Microwave, Refrigerator, Washer/Dryer
Window coverings
Pet Restrictions or Board approval Required, Pets Allowed
Yes
Floor
Type
Size
Other
Main Floor
Dining Room
11'2" × 7'10"
Main Floor
Foyer
8'8" × 6'11"
Main Floor
Kitchen
11'2" × 8'8"
Main Floor
Living Room
15'1" × 12'3"
2nd Floor
Bedroom - Primary
14'3" × 11'
2nd Floor
Bedroom
11'4" × 10'11"
2nd Floor
Bedroom
13'3" × 9'8"
Lower Level
Bedroom
22'8" × 15'3"
Lower Level
Furnace/Utility Room
13'11" × 8'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'4" x 5'4"
2nd Floor
No
2
4'10" x 5'3"
2nd Floor
No
4
8'9" x 5'3"
Lower Level
No
3
7'3" x 5'8"
Title to Land:
Fee Simple
Community Features:
Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bar, French Door, Laminate Counters, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Vinyl Windows
Exterior Features:
Barbecue, Fire Pit, Garden, Private Yard
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Yard, Few Trees, Garden, Landscaped, Low Maintenance Landscape, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-C1
Listed Date:
Apr 12, 2025
Days on Mkt:
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Listed by TREC The Real Estate Company
Data was last updated June 24, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$532,400
Min list price:
$256,800
Max list price:
$985,000
Avg days on market:
15
Min days on market:
1
Max days on market:
103
Avg price per sq.ft.:
$413.09
These statistics are generated based on the current listing's property type and located in Palliser. 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