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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959 Parkwood Way SE
Parkland Calgary T2J 3V4

$695,000
Residential beds: 4 baths: 3.0 1,232 sq. ft. built: 1974

Main Photo: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 1: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 2: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 3: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 4: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 5: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 6: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 7: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 8: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 9: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
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Photo 11: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 12: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 13: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 14: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
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Photo 17: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
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Photo 21: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 22: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
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Photo 24: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
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Photo 35: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Photo 36: 959 Parkwood Way SE in Calgary: Parkland Detached for sale : MLS®# A2213076
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2213076
Bedrooms:
4
Bathrooms:
3
Year Built:
1974
Welcome to this immaculate 4 BEDROOM BUNGALOW, nestled in the highly desirable family, friendly community of Parkland. FACING A GREEN SPACE, this immaculate and well-maintained home offers over 2200 ft.² of developed living space and is within walking distance to Saint Philip‘s Elementary school. This charming property, exudes warmth and an abundance of natural light from the large floor to ceiling windows, creating a welcoming ambiance for gatherings with family and friends. The spacious living and dining rooms centre around a large beautiful stone, gas fireplace, making it the perfect place to relax on those chilly winter nights. Gather around the island in the updated kitchen which showcases a large window overlooking the SOUTH FACING sunny BACKYARD, and features granite countertops, new stainless steel oven/stove, microwave, and refrigerator. The primary suite offers a tranquil retreat including a 4-piece ensuite with granite countertops. Two additional bedrooms and a 4-piece bathroom complete this floor. The well designed fully developed basement includes EGRESS WINDOWS allowing for tons of natural light, large games/family room, an additional bedroom, 3-piece bathroom with walk-in shower, cold room and storage/utility room. The SOUTH FACING BACKYARD provides endless sunshine and privacy, as well as a large concrete patio making it the perfect gathering place for summer barbecues. In addition there is extra storage space in the rear double garage. Located within walking distance to two elementary schools, shopping and restaurants, Fish Creek Park, Annie’s Cafe, The Bow Valley Ranche Restaurant , miles of bike paths and Park 96, Parklands private playground which offers tennis, pickleball and basketball courts, barbeque pits, skating and hockey rinks, disc golf and a waterpark, just to name a few! This one won’t last!!
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:
1,231.6 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
6,200 sq. ft.
Lot Frontage:
49'3"
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
6
Year built:
1974 (Age: 51)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
731668
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
HOA Fee:
$200.00
Parkland (Calgary)
Clubhouse, Community Gardens, Gazebo, Park, Parking, Party Room, Picnic Area, Playground, Visitor Parking
Dishwasher, Garage Control(s), Microwave, Oven, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Shed
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
8'5" × 6'9"
Main Floor
Living Room
19' × 11'6"
Main Floor
Entrance
8'2" × 4'3"
Main Floor
Kitchen With Eating Area
15'5" × 12'3"
Main Floor
Bedroom - Primary
12'1" × 12'
Main Floor
Bedroom
9'8" × 9'3"
Main Floor
Bedroom
13'1" × 9'
Main Floor
Mud Room
7' × 4'2"
Basement
Bedroom
11'4" × 9'6"
Basement
Family Room
16'3" × 13'11"
Basement
Game Room
17'11" × 10'3"
Basement
Cold Room/Cellar
5'8" × 5'7"
Basement
Furnace/Utility Room
15' × 9'9"
Basement
Flex Space
15'10" × 11'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'7" x 7'8"
Main Floor
Yes
4
4'11" x 7'8"
Basement
No
3
12'3" x 5'7"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Interior Features:
Granite Counters, Kitchen Island, Storage
Exterior Features:
Private Entrance, Private Yard, Storage
Patio And Porch Features:
See Remarks
Lot Features:
Back Lane, Back Yard, Close to Clubhouse, Front Yard, Landscaped, Lawn
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Apr 23, 2025
Days on Mkt:
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    Green space directly across
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Listed by 2% Realty
Data was last updated June 9, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
6,935
Avg list price:
$585,000
Min list price:
$100,000
Max list price:
$13,500,000
Avg days on market:
31
Min days on market:
1
Max days on market:
682
Avg price per sq.ft.:
$423.91
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706