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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319 4275 Norford Avenue NW
University District Calgary T3B 6M2

$629,900
Residential beds: 2 baths: 2.0 914 sq. ft. built: 2021

Main Photo: 319 4275 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2241863
Photo 1: 319 4275 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2241863
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Photo 31: 319 4275 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2241863
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2241863
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
Welcome to your new home in the heart of the vibrant University District! This exceptional 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, style, and convenience in one of Calgary’s most sought-after communities. Step into a thoughtfully designed and spacious layout featuring a unique floor plan and an abundance of natural light flowing through every room. The modern kitchen is a true showstopper, fully upgraded with premium quartz countertops, sleek cabinetry, elegant backsplash, and a stylish eating bar—ideal for both everyday living and entertaining. The open-concept design enhances the space, creating a seamless flow between the kitchen, dining, and living areas. Enjoy your morning coffee or evening unwind on the massive private balcony, offering additional space to relax or host friends during Calgary’s beautiful seasons. The unit includes two generously sized bedrooms, both with ample closet space and access to beautifully finished bathrooms—perfect for professionals, students, or small families. Additional highlights include in-suite laundry, upgraded lighting throughout, and ample storage solutions. This unit comes with a titled underground parking stall, offering added value and peace of mind. The building itself boasts impressive amenities, including a fitness room conveniently located on the same floor, a bike storage room, cycle room, and a pet wash station—catering to every lifestyle need. Situated in the award-winning University District, this condo offers unmatched location benefits. You’re just minutes from the University of Calgary, Alberta Children’s Hospital, Foothills Medical Centre, Market Mall, restaurants, cafés, grocery stores, movie theatre, parks, and endless walking trails. Whether you’re a first-time buyer, investor, downsizer, or looking for a prime location near campus and medical facilities, this home offers tremendous value, modern luxury, and urban convenience. Don’t miss your chance to live in one of Calgary’s most walkable and dynamic neighborhoods. Schedule your private showing today and experience the lifestyle University District has to offer!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
914.34 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$659.20
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Parking, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Top
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2021 (Age: 4)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2111583
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Mixed
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Garage Faces Front, Guest, Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Esquire
University District
Bicycle Storage, Elevator(s), Fitness Center, Parking, Secured Parking, Snow Removal, Trash
Dishwasher, Dryer, Gas Stove, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
N/A
Easement Registered On Title, Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Bedroom
10' × 9'1"
Main Floor
Dining Room
14'10" × 10'5"
Main Floor
Kitchen
16' × 10'4"
Main Floor
Living Room
11'7" × 10'11"
Main Floor
Bedroom - Primary
14'1" × 11'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'6" x 8'9"
Main Floor
Yes
4
4'11" x 14'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Built-in Features, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Walk-In Closet(s)
Exterior Features:
Balcony, BBQ gas line, Courtyard, Lighting
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-2
Listed Date:
Jul 24, 2025
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by Century 21 Bravo Realty
Data was last updated August 19, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$434,350
Min list price:
$324,900
Max list price:
$1,439,900
Avg days on market:
34
Min days on market:
3
Max days on market:
158
Avg price per sq.ft.:
$685.99
These statistics are generated based on the current listing's property type and located in University District. 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