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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136 Mt Robson Circle SE
McKenzie Lake Calgary T2Z 2C1

$879,000
Residential beds: 5 baths: 4.0 2,365 sq. ft. built: 1989

Main Photo: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 1: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 2: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 3: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 4: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 5: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 6: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Photo 7: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
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Photo 31: 136 Mt Robson Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226762
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2226762
Bedrooms:
5
Bathrooms:
4
Year Built:
1989
This Is the One! Welcome to One of the Best Homes on the Best Street in McKenzie Lake! Located just a short walk from the lake, river, and two schools this incredible home backs directly onto the scenic path system, offering you peaceful views and endless outdoor enjoyment right from your backyard. From the moment you step inside, the spacious front entry welcomes you with room to comfortably greet guests or manage the daily hustle of family life. The kitchen is a dream come true for any home cook or entertainer, with plenty of prep space, a generous walk-in pantry, and a sunlit breakfast nook that feels like your own private retreat. Just off the kitchen, a formal dining room provides the perfect setting for hosting holiday dinners and memorable get-togethers. Upstairs offers four well-sized bedrooms, making it an ideal layout for growing families. The primary suite is a true escape, complete with a spa-like ensuite and a relaxing jetted soaker tub that invites you to slow down and unwind. The fully developed basement adds even more living space, featuring an additional bedroom, full bathroom, and a massive recreation room ready for your personal touch. Whether it’s a media room, home gym, or play zone, the options are endless. This home is packed with thoughtful upgrades and must-have features including central air conditioning for those hot summer days, a durable composite deck perfect for BBQs and outdoor entertaining, main floor laundry for added convenience, and the bonus of a well-maintained roof and windows that offer peace of mind. Opportunities like this don’t come along often. Come see what makes this home so special and experience the best of McKenzie Lake living!
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:
2,365 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,150 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
6,113 sq. ft.
Lot Frontage:
14'8"
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:
Levels:
Two
Total Rooms Above Grade:
9
Year built:
1989 (Age: 36)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
8811391
Heating:
Central, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway, Front Drive, Insulated
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Main Level
HOA Fee:
$400.00
McKenzie Lake
Beach Access, Picnic Area, Playground
Central Air Conditioner, Garage Control(s), Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Foyer
7'9" × 7'4"
Main Floor
Living Room
18'5" × 13'3"
Main Floor
Dining Room
14'5" × 11'5"
Main Floor
Kitchen
15' × 12'11"
Main Floor
Breakfast Nook
9'10" × 9'8"
Main Floor
Family Room
17' × 13'4"
Main Floor
Laundry
8'6" × 8'5"
Upper Level
Bedroom
12'3" × 12'2"
Upper Level
Bedroom
12'8" × 9'9"
Upper Level
Bedroom
10'5" × 9'7"
Upper Level
Bedroom - Primary
22' × 13'
Upper Level
Walk-In Closet
7'1" × 6'9"
Lower Level
Game Room
39'10" × 23'7"
Lower Level
Bedroom
14'11" × 12'6"
Lower Level
Furnace/Utility Room
11'9" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 6'4"
Upper Level
No
4
4'11" x 9'3"
Upper Level
Yes
5
11'10" x 13'1"
Lower Level
No
4
8' x 4'11"
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Chandelier, Closet Organizers, Double Vanity, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, Pantry, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Fire Pit, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Front Yard, Greenbelt, Lawn, Level, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-CG
Listed Date:
Jun 03, 2025
Days on Mkt:
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Listed by RE/MAX Landan Real Estate
Data was last updated June 10, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$624,900
Min list price:
$387,000
Max list price:
$1,675,000
Avg days on market:
11
Min days on market:
2
Max days on market:
87
Avg price per sq.ft.:
$431.17
These statistics are generated based on the current listing's property type and located in McKenzie Lake. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706