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Explore a variety of new homes in Calgary under $400,000, perfect for first-time buyers, families, and those seeking affordable modern living. Calgary's new build homes under $400K feature contemporary designs, energy-efficient options, and premium locations, ensuring both comfort and value.

Browse listings for Calgary new build homes under $400K, offering affordable homes with energy-efficient features, modern townhomes with open-concept layouts, and budget-friendly condos in Calgary's top neighborhoods. These properties are designed to meet a range of needs, from starter homes to investment opportunities.

Calgary’s real estate market provides excellent value with its selection of new homes in vibrant communities close to schools, parks, and amenities. Whether you’re looking for a spacious family home or a cozy modern condo, Diane Richardson is here to guide you through the process and help you find the perfect property within your budget.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

New Homes in Calgary Under $400,000 | Affordable Modern Living

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1203 135 Mahogany Parade SE
Mahogany Calgary T3M 4K2

$421,900
Residential beds: 2 baths: 3.0 1,147 sq. ft. built: 2026

Main Photo: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 1: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 2: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 3: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 4: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 5: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 6: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 7: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
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Photo 10: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
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Photo 18: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
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Photo 20: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 21: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 22: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 23: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 24: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 25: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 26: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Photo 27: 1203 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2346586
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2346586
Bedrooms:
2
Bathrooms:
3
Year Built:
2026
The Ambrosia offers 1,187 sq. ft. of thoughtfully designed living space across two levels. The main floor features an open-concept kitchen, dining and living area, creating a functional space for everyday living and entertaining. The spacious kitchen features a large island with a breakfast bar, providing plenty of room for meal prep, casual dining, and gathering with family and friends. A convenient powder room and storage under the stairs add to the home's everyday practicality. Upstairs, you'll find two bedrooms, each with its own full bathroom, along with the convenience of upper-floor laundry. Outside, enjoy your own private fenced backyard—perfect for relaxing, entertaining or giving pets a place to play. Designed with comfort and efficiency in mind, the home features a tight building envelope, extra insulation and triple-pane windows to help maintain a more comfortable indoor environment year-round.. Photos are representative.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
1,146.55 sq. ft.
Main Level Finished Area:
563.29 sq. ft.
Upper Level Finished Area:
583.26 sq. ft.
Condo Fee:
$224.00
Condo Fee Includes:
Common Area Maintenance, Insurance, Professional Management, Reserve Fund Contributions, Snow Removal
HOA Fee Frequency:
Annually
Front Exposure:
South
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2026 (Age: 0)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
0
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Num Ensuite Baths:
2
Plan:
TBD
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Upper Level
HOA Fee:
$457.00
Condo Fee Frequency:
Monthly
Southeast
Z-name Not Listed
Mahogany
None
Dishwasher, Dryer, Microwave Hood Fan, Range, Refrigerator, Washer
n/a
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Dining Room
13'6" × 10'6"
Main Floor
Living Room
11'8" × 10'8"
Upper Level
Bedroom - Primary
14'3" × 11'3"
Upper Level
Bedroom - Primary
12' × 10'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
4
0' x 0'
Upper Level
Yes
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Close to Clubhouse, Landscaped, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
TBD
Listed Date:
Sep 18, 2026
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Listed by Bode Platform Inc.
Data was last updated September 20, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
135
Avg list price:
$695,000
Min list price:
$235,000
Max list price:
$2,149,900
Avg days on market:
37
Min days on market:
1
Max days on market:
365
Avg price per sq.ft.:
$403.86
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Here are a few ways to make it easy for you to get in touch with Diane Richardson:

  1. Contact form: A contact form on my website can allow you to send me a message directly from this page. Be sure to include your name, email address, and a message.

  2. Phone number: Included is my phone number here on the page can allow you to call you me directly with any questions or to schedule viewings. 403.397.3706

  3.  Email address: an email address ( Diane@Mypadcalgary.com )can allow you to reach out to me with any questions or to request more information.

  4. Live chat: I have a live chat feature on this website, you can get in touch with me in real-time and get immediate answers to your questions.

    Please be sure to include the property address or MLS® number for the listing you are interested in.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.