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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40 Walgrove Mews SE
Walden Calgary T2X 4A3

$739,900
Residential beds: 4 baths: 3.0 1,440 sq. ft. built: 2020

Main Photo: 40 Walgrove Mews SE in Calgary: Walden Detached for sale : MLS®# A2234506
Photo 1: 40 Walgrove Mews SE in Calgary: Walden Detached for sale : MLS®# A2234506
Photo 2: 40 Walgrove Mews SE in Calgary: Walden Detached for sale : MLS®# A2234506
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Photo 47: 40 Walgrove Mews SE in Calgary: Walden Detached for sale : MLS®# A2234506
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2234506
Bedrooms:
4
Bathrooms:
3
Year Built:
2020
Welcome to 40 Walgrove Mews – a rare find in the heart of Walden! This unique bungalow with an upper-level bonus room/bedroom is tucked away in a quiet cul-de-sac, offering a peaceful setting and a South-facing backyard that backs directly onto a scenic walking path—no neighbours immediately behind you! Thoughtfully designed and impeccably maintained by the original owner, this home features a fully developed walk-out basement, making the most of natural light and outdoor access. On the main level, you'll find a spacious primary bedroom with a luxurious 5-piece ensuite and walk-in closet, as well as a second full 4-piece bathroom, main floor laundry, and a stylish kitchen with a large island, built-in oven and microwave, gas cooktop, and generous pantry. Upstairs, a large bonus room over the garage offers flexible space that could be used as a guest bedroom, office, or entertainment area. Downstairs, the bright walk-out basement includes two additional bedrooms, a full bathroom, and a fantastic bar area—perfect for hosting. The low-maintenance backyard adds to the appeal, making this a true turn-key home. Opportunities like this don’t come often—especially in such a desirable community. Don’t miss your chance to view this one-of-a-kind property. Book your private showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,440 sq. ft.
Main Level Finished Area:
1,440 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
953 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,058 sq. ft.
Lot Frontage:
20'5"
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:
Northwest
Reg. Size:
Reg. Size Includes:
Levels:
One and One Half
Total Rooms Above Grade:
5
Year built:
2020 (Age: 5)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1910459
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Walden
Built-In Oven, Dishwasher, Dryer, Garage Control(s), Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
N//A
Easement Registered On Title, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Dining Room
15'4" × 9'7"
Main Floor
Kitchen
20'4" × 13'3"
Main Floor
Living Room
15'2" × 10'8"
Main Floor
Bedroom - Primary
12'5" × 12'4"
Upper Level
Bedroom
18'8" × 15'4"
Basement
Bedroom
13'9" × 8'4"
Basement
Bedroom
13'5" × 11'11"
Basement
Game Room
17'2" × 14'7"
Basement
Other
13'1" × 9'4"
Basement
Furnace/Utility Room
9'6" × 8'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
9'2" x 4'11"
Main Floor
Yes
5
12'3" x 4'10"
Basement
No
3
4'11" x 10'1"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Double Vanity, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Separate Entrance, Walk-In Closet(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Backs on to Park/Green Space, Cul-De-Sac, Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-G
Listed Date:
Jun 26, 2025
Days on Mkt:
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3D Tour

Listed by eXp Realty
Data was last updated August 6, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$586,950
Min list price:
$260,000
Max list price:
$989,000
Avg days on market:
27
Min days on market:
4
Max days on market:
197
Avg price per sq.ft.:
$388.65
These statistics are generated based on the current listing's property type and located in Walden. 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