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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NEXT Open House details
Jun 22, 2025 02:00 PM - 05:00 PM MDT

4095 Norford Avenue NW
University District Calgary T3B 6H3

$740,000
Residential beds: 3 baths: 3.0 1,588 sq. ft. built: 2017

Main Photo: 4095 Norford Avenue NW in Calgary: University District Row/Townhouse for sale : MLS®# A2232641
Photo 1: 4095 Norford Avenue NW in Calgary: University District Row/Townhouse for sale : MLS®# A2232641
Photo 2: 4095 Norford Avenue NW in Calgary: University District Row/Townhouse for sale : MLS®# A2232641
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Photo 50: 4095 Norford Avenue NW in Calgary: University District Row/Townhouse for sale : MLS®# A2232641
Open House - Jun 22, 2025
02:00 PM - 05:00 PM MDT
NOTES: Open House on Sunday, June 22, 2025 2:00PM - 5:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2232641
Bedrooms:
3
Bathrooms:
3
Year Built:
2017
**OPEN HOUSE SATURDAY JUNE 21: 12-3PM / SUNDAY JUNE 22: 2-5PM** Welcome to life in the vibrant University District where modern living meets unmatched convenience. This stylish corner unit townhome offers nearly 1,700 sq ft of thoughtfully designed space between four levels. The open-concept main floor features 9' ceilings and large windows that fill the space with natural light throughout the day. The kitchen features a beautiful quartz central island, floor to ceiling cabinets for storage and built-in appliances that keep it looking sleek and stylish. The adjoining living and dining areas offer a great space to relax or entertain, while a 2-piece powder room, in-suite laundry, and access to a private patio—perfect for BBQs or gatherings—complete the main level. Upstairs boasts three generously sized bedrooms and two full bathrooms. The primary suite includes a walk-in closet and a luxurious ensuite with dual vanities and a glass-enclosed shower. Elegant stone and tile finishes throughout add a touch of sophistication. The third level includes an additional storage room and access to your own private rooftop terrace. Finished with low-maintenance composite decking, built-in lighting, gas line for a BBQ, and privacy shades, this outdoor retreat is ideal for morning coffee or evening cocktails. Downstairs includes a flex room and a secure mudroom with direct access to the heated underground parkade, where two titled stalls and extra storage are just steps from your entrance. Comfort upgrades like central A/C, custom blinds, and designer lighting elevate the home’s functionality and style. Condo fees include all utilities except electricity and internet, offering peace of mind and easy budgeting. Just a short walk to the University of Calgary, Alberta Children’s Hospital, and all the amenities the University District has to offer—from groceries, fitness studios, a movie theatre, cafés and many great restaurants like Native Tongues, Charcut, OEB just to name a few! Plus, enjoy nearby parks, trails, and green space. These townhomes rarely come up—don’t miss your chance to live in one of Calgary’s most dynamic communities. Book your private tour today!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 (or more) Storey
Total Living Area:
1,587.52 sq. ft.
Main Level Finished Area:
704.41 sq. ft.
Upper Level Finished Area:
883.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
297.32 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$636.00
Condo Fee Includes:
Caretaker, Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
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:
Northwest
Reg. Size:
Reg. Size Includes:
Entry Level:
0
Levels:
Three Or More
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2017 (Age: 8)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1811576
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Metal Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Flat Torch Membrane
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Parkade, Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
University District
Parking, Secured Parking, Snow Removal, Visitor Parking
Central Air Conditioner, Dishwasher, Gas Range, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
N/A
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Dining Room
17'6" × 9'6"
Main Floor
Kitchen
16'1" × 8'7"
Main Floor
Living Room
16'4" × 13'7"
2nd Floor
Bedroom
10'9" × 8'2"
2nd Floor
Bedroom
12'3" × 9'4"
2nd Floor
Bedroom - Primary
13'8" × 13'5"
3rd Floor
Storage
15'8" × 3'1"
3rd Floor
Furnace/Utility Room
6'5" × 4'11"
Basement
Exercise Room
12'11" × 11'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
7' x 3'7"
2nd Floor
No
4
4'11" x 9'3"
2nd Floor
Yes
4
8'11" x 7'7"
Title to Land:
Leasehold
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Kitchen Island, No Smoking Home, Open Floorplan
Exterior Features:
Balcony, Courtyard, Private Entrance
Patio And Porch Features:
Balcony(s), Patio, Rooftop Patio
Lot Features:
Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-G
Listed Date:
Jun 20, 2025
Days on Mkt:
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3D Tour

Virtual Tour

Listed by eXp Realty
Data was last updated June 22, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$517,450
Min list price:
$325,000
Max list price:
$1,439,900
Avg days on market:
40
Min days on market:
1
Max days on market:
137
Avg price per sq.ft.:
$676.9
These statistics are generated based on the current listing's property type and located in University District. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA