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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3122 42 Street SW
Glenbrook Calgary T3E 3M3

$500,000
Residential beds: 3 baths: 2.0 815 sq. ft. built: 1959

Main Photo: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 1: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 2: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 3: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 4: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 5: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 6: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 7: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 8: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 9: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 10: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 11: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 12: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 13: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 14: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 15: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 16: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 17: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 18: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 19: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 20: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 21: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 22: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 23: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 24: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 25: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 26: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 27: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 28: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 29: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 30: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 31: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 32: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 33: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 34: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 35: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 36: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 37: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 38: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 39: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 40: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 41: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 42: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Photo 43: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2234916
Bedrooms:
3
Bathrooms:
2
Year Built:
1959
PRIME INVESTMENT OPPORTUNITY! Live up and rent down in this updated bungalow on a quiet street in the highly sought after community of Glenbrook. All the major updates have been done such as newer triple pane windows, high efficiency furnace, hot water tank, insulation, electrical panel, and even sewer line. As you enter the property you are greeted by the large living room with new carpet (hardwood underneath) and large picture window. Functional kitchen with white cabinetry and separate entrance out to the private backyard oasis with composite decking and custom designed rock firepit area. Great spot to hang out and enjoy long summer nights with friends. 2 good sized bedrooms and an updated 4-piece bathroom complete the main floor. Head down to the fully finished illegal basement suite with living room, full kitchen, bedroom and floor to ceiling tiled shower 3-piece bathroom. Common area/utility room with a newer Samsung front-loading washer and dryer. A rare oversized 24' long double detached garage with 9-foot ceilings, and 220V power with additional parking pad beside. Great for car enthusiasts with lots of parking options and shop space. This home is just steps from Richmond Road and within walking distance to AE Cross and Glenbrook School. Commuters will appreciate the easy access to Glenmore Trail via 37th Street and Stoney Trail via Sarcee Trail. The home’s unbeatable central location puts you just steps from Glenbrook Playground, Glenbrook School, Glamorgan Elementary—one of Alberta’s top-ranked TLC schools—and A.E. Cross School, with Calgary Christian Schools also nearby. Everyday essentials are within walking distance, including Calgary Co-op, Canadian Tire, Save-On-Foods, and more. Just minutes away, WestHills Towne Centre and Signal Hill Centre offer a variety of shops, restaurants, and entertainment options, including Signal Hill Library and Landmark Cinemas. Enjoy local favorites like Glamorgan Bakery and Richmond Pub or take advantage of nearby green spaces such as Glenbrook Off-Leash Park and WeaselHead Natural Area. With quick access to Richmond Road, Sarcee Trail, and Stoney Trail, as well as a short commute to Mount Royal University, this location is truly unmatched!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
814.56 sq. ft.
Main Level Finished Area:
814.56 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
615.96 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,487 sq. ft.
Lot Frontage:
29'
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:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
1959 (Age: 66)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9911021
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
220 Volt Wiring, Additional Parking, Alley Access, Double Garage Detached, Driveway, Garage Door Opener, Oversized, Parking Pad
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Common Area, Lower Level
Glenbrook
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
2nd Fridge, 2nd Stove, Fire Pit
None Known
Floor
Type
Size
Other
Main Floor
Living/Dining Room Combination
18'7" × 12'8"
Main Floor
Kitchen
14'5" × 9'1"
Main Floor
Bedroom - Primary
14'4" × 10'2"
Main Floor
Bedroom
10'8" × 10'2"
Main Floor
Foyer
5'5" × 3'8"
Basement
Kitchen With Eating Area
12'4" × 10'4"
Basement
Living Room
15'3" × 12'1"
Basement
Bedroom - Primary
10'4" × 8'4"
Basement
Laundry
16'2" × 8'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 6'7"
Basement
No
3
6'1" x 6'4"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Separate Entrance, Vinyl Windows
Exterior Features:
Fire Pit
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Few Trees, Front Yard, Lawn, Low Maintenance Landscape, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone W
Zoning:
R-CG
Listed Date:
Jul 03, 2025
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by Real Broker
Data was last updated August 14, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$679,000
Min list price:
$249,900
Max list price:
$1,150,000
Avg days on market:
30
Min days on market:
2
Max days on market:
114
Avg price per sq.ft.:
$500.07
These statistics are generated based on the current listing's property type and located in Glenbrook. 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