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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128 3111 34 Avenue NW
Varsity Calgary T2L 0Y2

$349,900
Residential beds: 2 baths: 2.0 867 sq. ft. built: 2005

Main Living Area - Virtually Staged
Photo 1: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 2: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 3: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 4: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 5: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 6: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 7: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 8: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 9: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 10: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 11: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 12: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 13: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 14: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 15: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 16: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 17: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 18: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 19: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 20: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 21: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 22: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 23: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 24: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 25: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 26: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 27: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 28: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 29: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 30: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 31: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 32: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 33: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 34: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 35: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 36: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 37: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Photo 38: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2241967
Bedrooms:
2
Bathrooms:
2
Year Built:
2005
Welcome to 3111 Varsity located steps away from the University of Calgary, Brentwood LRT, and close to the Foothills and Children’s Hospitals! This exceptional corner unit condo offers its own private exterior entrance, which is especially handy for dog owners (two dogs or cats up to 20lbs. are allowed upon written board approval) or anyone who prefers to skip the lobby. As you step inside, you’re greeted by the inviting ambiance of a truly open concept living space complete with large windows and 9-foot ceilings filled with natural light. Whether you're sipping your morning coffee at your breakfast bar, cooking for yourself in a kitchen with lots of counter and storage space or hosting a gathering of friends in the airy living and dining area, this will become your favorite new place to relax and entertain. The bedrooms are thoughtfully separated, with the primary featuring a walk-through closet and private 4-piece ensuite on one side of the unit. The second bedroom sits on the opposite end, right beside the 3-piece bathroom and in-suite laundry, ideal for added privacy, guests, or a roommate setup. This unit also comes with an underground titled parking stall and plenty of underground visitor parking spaces. Owners here enjoy access to an on-site fitness room, a sunny south-facing courtyard, and a shared BBQ space, all within a secure, professionally managed complex. Whether you're a student, working in healthcare, or just looking for a central spot with minimal upkeep, this place is worth a look. Investors, take note – this condo has all the makings of a fantastic rental opportunity! Book your private viewing today!
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:
866.66 sq. ft.
Main Level Finished Area:
866.66 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$643.40
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Residential Manager, Sewer, 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:
Southeast
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls, End Unit
Total Rooms Above Grade:
5
Year built:
2005 (Age: 20)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0513297
Heating:
Baseboard, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile
Cooling:
Window Unit(s)
Fireplaces:
0
Garage:
No
Parking:
Covered, Guest, Parkade, Secured, Stall, Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
3111 Varsity
Varsity
Elevator(s), Fitness Center, Parking, Secured Parking, Snow Removal, Trash, Visitor Parking
Built-In Oven, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Portable A/C Unit, Armoire
Pet Restrictions or Board approval Required
Restrictions, Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Living Room
16'6" × 14'2"
Main Floor
Kitchen With Eating Area
17'2" × 7'9"
Main Floor
Dining Room
14'1" × 8'6"
Main Floor
Bedroom - Primary
12'7" × 11'
Main Floor
Bedroom
11'1" × 7'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
4'9" x 8'
Main Floor
No
3
8'5" x 5'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Breakfast Bar, Open Floorplan, Walk-In Closet(s)
Exterior Features:
BBQ gas line, Courtyard, Private Entrance
Patio And Porch Features:
Patio
Accessibility Features:
No Stairs/One Level
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C2
Listed Date:
Jul 24, 2025
Days on Mkt:
  • Photo 1: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area - Virtually Staged
  • Photo 2: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Courtyard
  • Photo 3: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Front Entry of Unit
  • Photo 4: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area - Virtually Staged
  • Photo 5: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 6: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 7: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 8: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 9: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 10: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area - Virtually Staged
  • Photo 11: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 12: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 13: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 14: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 15: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 16: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 17: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 18: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 19: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 20: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 21: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Kitchen
  • Photo 22: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Living Area
  • Photo 23: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Primary Bedroom
  • Photo 24: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Primary Bedroom
  • Photo 25: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Primary Walk-In Closet/Ensuite
  • Photo 26: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Primary Ensuite Bathroom
  • Photo 27: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Primary Ensuite Bathroom
  • Photo 28: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    In-Unit Laundry
  • Photo 29: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Second Bedroom
  • Photo 30: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Second Bedroom
  • Photo 31: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Bathroom
  • Photo 32: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Main Bathroom
  • Photo 33: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Titled Underground Parking
  • Photo 34: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Patio
  • Photo 35: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Courtyard
  • Photo 36: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Exterior Front
  • Photo 37: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Exterior Front
  • Photo 38: 128 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2241967
    Floorplan

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Listed by Century 21 Bamber Realty LTD.
Data was last updated August 16, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$517,200
Min list price:
$209,000
Max list price:
$2,499,000
Avg days on market:
25
Min days on market:
1
Max days on market:
127
Avg price per sq.ft.:
$443.96
These statistics are generated based on the current listing's property type and located in Varsity. 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