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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2308 20 Street NW
Banff Trail Calgary T2M 1R9

$690,000
Residential beds: 3 baths: 3.0 1,391 sq. ft. built: 2021

Main Photo: 2308 20 Street NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2216515
Photo 1: 2308 20 Street NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2216515
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Photo 38: 2308 20 Street NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2216515
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2216515
Bedrooms:
3
Bathrooms:
3
Year Built:
2021
Stunning 3-Bedroom Townhome in Prime Banff Trail Location – Central A/C & Stylish Upgrades Throughout! Welcome to this stunning 3-bedroom, 2.5-bath townhome offering over 1,390 sq. ft. of developed living space in the sought-after inner-city community of Banff Trail. Situated on a quiet street, this home features central air conditioning, wide vinyl plank flooring, and a large open-concept main floor designed for both relaxation and entertaining. The chef-inspired kitchen boasts a waterfall island, stylish tile backsplash, and stainless steel appliances, flowing seamlessly into the bright living and dining areas. Upstairs, the spacious primary bedroom overlooks green space and features a large walk-in closet and 4-piece spa-like ensuite. Two additional bedrooms, an upper-level 4-piece main bathroom, and convenient laundry complete the upper floor. The basement is roughed in and ready for your custom development. The fully fenced backyard is ideal for a small dog, and a single detached garage adds to the home’s convenience. Location is everything! Just steps to the Banff Trail Community Association, offering an outdoor rink in winter and basketball courts in summer. Walk to schools (K-12) including Banff Trail School, Branton Junior High, and William Aberhart High. You’re also within a 10-minute walk to the C-Train, and a short drive to West Confederation Park, McMahon Stadium, Market Mall, U of C, Foothills Hospital, and Alberta Children’s Hospital. Don’t miss your opportunity to own in one of Calgary’s most desirable neighbourhoods—this townhome is a must-see! Check out the 3D tour or book your private showing now!
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:
1,390.57 sq. ft.
Main Level Finished Area:
668.89 sq. ft.
Upper Level Finished Area:
721.68 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$295.28
Condo Fee Includes:
Amenities of HOA/Condo, Reserve Fund Contributions, Snow Removal
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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
2021 (Age: 4)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2310192
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Stone, Stucco
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Laundry Room, Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Banff Trail
None
Dishwasher, Dryer, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer
na
None Known
Yes
Floor
Type
Size
Other
Main Floor
Living Room
13'5" × 12'7"
Main Floor
Kitchen
13'4" × 12'6"
Main Floor
Dining Room
13' × 7'
Main Floor
Foyer
6'2" × 5'8"
Upper Level
Bedroom - Primary
11'11" × 11'9"
Upper Level
Walk-In Closet
8'4" × 5'4"
Upper Level
Bedroom
9'11" × 9'
Upper Level
Bedroom
9'11" × 9'
Upper Level
Laundry
6'11" × 2'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 6'
Upper Level
Yes
4
5'11" x 12'4"
Upper Level
No
4
4'10" x 8'2"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Closet Organizers, Double Vanity, Kitchen Island, No Smoking Home, Stone Counters, Storage, Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Front Yard, Lawn, Level, Low Maintenance Landscape, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
May 08, 2025
Days on Mkt:
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3D Tour

Listed by eXp Realty
Data was last updated May 25, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$954,000
Min list price:
$599,900
Max list price:
$2,499,997
Avg days on market:
34
Min days on market:
3
Max days on market:
93
Avg price per sq.ft.:
$605.27
These statistics are generated based on the current listing's property type and located in Banff Trail. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706