Browse MLS® listings in Margodt, a Innisfail neighbourhood.
Active listings
4
Median list price
$394,950
Avg list price
$394,950
Showing 4 of 4 active MLS® listings
$399,900
5319 37 Street, Innisfail
Detached Single Family · 2 bed · 3 bath · 1,272 sqft
$399,900
5319 37 Street, Innisfail
Bi-Level · 2 bed · 3 bath · 1,271.7 sqft
$390,000
5208 40 Street, Innisfail
Detached Single Family · 3 bed · 3 bath · 1,078 sqft
$390,000
5208 40 Street, Innisfail
Bi-Level · 3 bed · 3 bath · 1,078 sqft
Margodt is a well-established, family-friendly residential subdivision located in Innisfail, Alberta. Known for its quiet streets and mature lots, the neighbourhood provides a relaxed small-town atmosphere while keeping residents close to everyday conveniences. The area caters well to first-time homebuyers, downsizers, and growing families. The local market remains accessible, with 4 active listings currently available.
Margodt is situated within the town of Innisfail in central Alberta. The neighbourhood provides quick access to major local routes and is just a short drive from Downtown Innisfail. Its central location also offers straightforward connectivity to Highway 2A and the Queen Elizabeth II Highway (Highway 2), making it convenient for commuting to the nearby city of Red Deer to the north or Calgary to the south.
The dominant property type in Margodt consists of mid-range single-family detached homes. The architectural landscape features many well-kept 1980s-era bi-levels, bungalows, and older character homes. A standout feature of the neighbourhood is the property size; many houses sit on exceptionally large, mature lots that offer private yards, long driveways, and detached garages. The neighbourhood's property values reflect a mid-range price positioning, currently highlighted by an average list price of $394,950.
Students in Margodt are served by the Chinook's Edge School Division and local Catholic school options. Public school facilities in the broader Innisfail community include École John Wilson Elementary School for early years, Innisfail Middle School, and Innisfail High School. Families seeking Catholic education can access St. Marguerite Bourgeoys Catholic School, which accommodates students from Pre-Kindergarten through Grade 9.
Public transportation in Margodt is provided by Innisfail's PACE (Pick-Up On-Demand) transit service. Rather than following fixed routes, residents can use a mobile app or a dedicated call centre to book on-demand rides anywhere within the town limits. The transit system also accommodates pre-booked round trips to larger neighbouring municipalities like Red Deer and Olds.
Residents of Margodt enjoy quick access to central Innisfail's commercial districts. Everyday essentials, local grocery stores, pharmacies, and professional services are all within a 5 to 10-minute drive. The town also features a variety of local dining and social establishments, including popular stops like the Field & Forge Brewing Co., casual cafes, and independent restaurants.
The neighbourhood is highly walkable and provides excellent access to local green spaces. Many homes are situated within walking distance of outdoor rinks, community playgrounds, and open fields. Residents are also just minutes away from major town amenities, including the Innisfail Aquatic Centre, local arenas, sports fields, the local skatepark, and the Innisfail Golf Club.
Margodt offers a peaceful, community-oriented lifestyle rooted in its small-town charm. The area's mature trees, expansive yards, and quiet residential streets make it ideal for those who value privacy and outdoor living. With close proximity to the Innisfail Library Learning Centre, community programming, and youth recreation hubs, the neighbourhood fosters an active and engaged environment for residents of all ages.
See recent sold prices in Margodt, Innisfail
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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.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on April 24, 2026 at 10:00 am (America/Edmonton)