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.

MAHOGANY HOMES FOR SALE UNDER $500,000

HOMES FOR SALE IN MAHOGANY UNDER $500,000, MAHOGANY CALGARY REAL ESTATE

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1-12/19
  • 3112 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2194459

    3112 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 3112 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2194459
    $398,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194459
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    937 sq. ft.
    LARGE TWO BEDROOM TWO BATHROOM PLUS DEN in a popular Mahogany complex. NEW luxury plank, NEW carpet in the bedrooms, freshly painted throughout! This unit has open layout with huge windows which bring lots of natural light. Cozy private patio for BBq nights and summer time chillouts. Functional kitchen. Good sized bedrooms and even space for your own office! All these in a well cared for complex and close to absolutely everything- Mahogany Lake, Westman Village, South Campus, shopping, dining and transportation. Great for the first time Buyers or Investment More details
    Listed by CIR Realty
  • 203 20 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2193640

    203 20 Mahogany Mews SE Mahogany Calgary T3M 2W8
    OPEN HOUSE: Feb 16, 2025
    02:30 PM - 04:30 PM MST
    Open House on Sunday, February 16, 2025 2:30PM - 4:30PM
    Main Photo: 203 20 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2193640
    $314,900
    Residential
    Status:
    Active
    MLS® Num:
    A2193640
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    613 sq. ft.
    Welcome to Unit 203 at 20 Mahogany Mews SE, where modern sophistication meets the vibrant allure of Calgary's award-winning Mahogany community. This bright and open 2-bedroom, 1-bathroom condo offers an exceptional opportunity for first-time homebuyers seeking contemporary living with unparalleled amenities. The thoughtfully designed open-concept layout maximizes space and natural light, featuring a stylish kitchen with stainless steel appliances, sleek countertops, and ample cabinetry—perfect for entertaining or relaxing. Living in Mahogany means enjoying exclusive access to Calgary’s largest lake, with 64 acres of water for year-round activities like swimming, kayaking, and paddleboarding, as well as 21 acres of beach area. Explore 74 acres of scenic wetlands and 22 km of pathways for outdoor recreation, or take advantage of the Mahogany Beach Club’s fitness studios and community events. Just steps away, the Urban Village offers an array of restaurants, shops, and essential services, blending convenience with a dynamic lifestyle. With its modern interiors and proximity to both nature and urban conveniences, Unit 203 at 20 Mahogany Mews SE is more than just a home—it’s your gateway to the best of Mahogany. Don’t miss your chance to be part of this thriving community—schedule a viewing today! More details
    Listed by Real Broker
  • 309 10 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2191747

    309 10 Mahogany Mews SE Mahogany Calgary T3M 2R1
    Main Photo: 309 10 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2191747
    $329,900
    Residential
    Status:
    Active
    MLS® Num:
    A2191747
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    616 sq. ft.
    Enjoy your lifestyle here at the Lake in Mahogany. Offering the perfect lifestyle to go along with this terrific upgraded condo. You’ll love the light kitchen with granite counters, stainless appliances and a modern glass tile backsplashe. An eating bar overlooks the living and dining area, which is flooded with loads of natural light and opens to a huge west-facing balcony with gas hookups for your bbq. Beautiful panoramic views showcase our beautiful sunsets over the mountains to the west as well as a peek of downtown Calgary skyline. The primary bedroom is big and bright, and both bedrooms have upgraded flooring to match the grey oak laminate in the main living space. The wall bed in the second BR was another upgrade, and in like-new condition. The full bath includes more upgraded finishes too. Convenient in-suite laundry and A/C too. The Sandgate complex is well-appointed, with a gym facility, library, bike storage, and two guest suites. This unit has a secure storage unit and a titled stall in the surface lot and low condo fees cover everything except electricity. Lake access is included in the HOA and this home is only a block from Mahogany West Beach. The Mahogany Beach Club offers playgrounds and indoor and outdoor sport courts along the sandy shores of Calgary’s largest lake. Indoor facilities feature Year-round activities include fishing, skating, and boating, and there is a splash park, fire pits, and picnic sites as well. Shopping, services, restaurants and everything else that matters is just steps from your condo. What more do you need? Don’t delay….make the call to view today before its gone. More details
    Listed by RE/MAX First
  • 1211 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2193365

    1211 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 1211 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2193365
    $398,800
    Residential
    Status:
    Active
    MLS® Num:
    A2193365
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    943 sq. ft.
    This stunning unit is the largest in the complex on the market right now! Embrace the allure of lakeside living in this elegant 2-bedroom, 2-bathroom CORNER apartment with a titled heated underground parking spot, situated in the coveted Mahogany community. As one of the largest CORNER units in the building, this spacious residence offers both comfort and style in a prime location. Ready for immediate occupancy, this spacious residence is a haven for those who appreciate modern design, easy maintenance, and close proximity to Mahogany Lake, shopping, and a full range of amenities. Step into your ideal home featuring an open-concept layout, large windows in every bedroom that fill the bedrooms with natural light, a generous living area, built-in closets, and a well-planned design focused on comfort. Just a short walk from the Mahogany Lake Beach Club, this apartment offers quick access to peaceful outdoor retreats. The kitchen is a culinary enthusiast’s dream, equipped with stainless steel appliances, a practical sit-up island, plentiful upgraded cabinet space, and granite countertops in both the kitchen and bathrooms. Additional conveniences include an in-unit washer and dryer, titled underground parking with a storage locker, and a spacious balcony overlooking the courtyard, complete with a natural gas line for effortless summer BBQs. Situated just a 4-minute walk from Mahogany’s West Beach, you'll have access to picnic areas, a playground, beach volleyball and basketball courts, a fire pit, a dock, a fishing pier, and a day-use complex with washrooms and changing facilities. Whether you’re skating in the winter, grilling in the summer, or taking leisurely walks in the fall, Mahogany provides a vibrant outdoor lifestyle year-round. This apartment is perfect for first-time homebuyers and savvy investors alike. Pets under 20 lbs are welcome (up to 2, with board approval). Schedule a showing today and explore the 3D iGuide Virtual Tour! More details
    Listed by CIR Realty
  • 1102 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2191517

    1102 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 1102 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2191517
    $405,900
    Residential
    Status:
    Active
    MLS® Num:
    A2191517
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    941 sq. ft.
    Discover the perfect blend of comfort and convenience in this beautiful 2-bedroom, 2-bathroom end-unit condo in the sought-after lake community of Mahogany. With a spacious and functional open-concept layout, this home is designed for effortless living. The entry hallway welcomes you into a bright home, where large windows fill the living space with natural light. The kitchen is both stylish and functional, featuring stainless steel appliances, ample cabinetry, and plenty of counter space, while the living room extends onto your private patio, offering the perfect spot to unwind. The primary bedroom is a true retreat, complete with a 4-piece ensuite and generous closet space, while a second bedroom and an additional 4-piece bath provide flexibility for guests, a home office, or family living. In-suite laundry adds everyday convenience. This unit has been recently refreshed with brand-new luxury vinyl plank (LVP) flooring, plush carpeting in the bedrooms, and fresh paint, creating a modern and inviting atmosphere. Its corner location ensures added privacy, being tucked away from parking areas and high-traffic zones, and with low heating costs, you will enjoy year-round comfort and efficiency. A titled parking stall is included for your convenience. As one of Calgary’s most desirable lake communities, Mahogany offers a four-season recreational lifestyle with exclusive lake access, sandy beaches, swimming, paddleboarding, and year-round activities. Enjoy extensive walking paths, wetlands, and scenic parks, perfect for outdoor enthusiasts. The Mahogany Village Centre features an array of shopping, dining, and services, while schools, playgrounds, and quick access to Seton’s South Health Campus make this location ideal for families and professionals alike. Don’t miss the chance to own this exceptional condo in Mahogany—book your showing today! More details
    Listed by RE/MAX Realty Professionals
  • 312 20 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2192869

    312 20 Mahogany Mews SE Mahogany Calgary T3M 2W8
    Main Photo: 312 20 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2192869
    $419,900
    Residential
    Status:
    Active
    MLS® Num:
    A2192869
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    963 sq. ft.
    Welcome to Sandgate of Mahogany Lake. Fabulous custom-built air-conditioned home - Perfect for casual living and entertaining, this California split design plan was designed in the great room style, with the living room, dining area, and kitchen openly communicating. A showpiece kitchen features high-end modern white cabinets, granite countertops, a central island with an undermount stainless steel sink & a breakfast bar & upgraded stainless steel appliances. A spacious & bright living room includes large picture windows and quick access to the covered 9' x 6' balcony - It's BBQ time with a gas line. Views of the central tree-lined linear courtyard - listen to the birds. 2 baths & 2 large bedrooms are privately located on each side of the living area and include closets. The primary bedroom is a private 3-piece ensuite with a large shower and walk-through closet. Terrific amenity center - Live healthy with Sandgate’s 1,300 sf. Onsite fitness center. With a range of cardio & strength training equipment. Bonus: Luxury wide plank laminate flooring, extra storage, titled indoor parking & more! Quick Possession date is available. More details
    Listed by Jayman Realty Inc.
  • 316 122 Mahogany Center SE in Calgary: Mahogany Apartment for sale : MLS®# A2191445

    316 122 Mahogany Center SE Mahogany Calgary T3M 2Y1
    Main Photo: 316 122 Mahogany Center SE in Calgary: Mahogany Apartment for sale : MLS®# A2191445
    $425,000
    Residential
    Status:
    Active
    MLS® Num:
    A2191445
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    543 sq. ft.
    Welcome to the prestigious Westman Village, where luxury meets convenience in the heart of Calgary's vibrant community of Mahogany. Nestled within the elegant Calligraphy 1 Building, this stunning 1-bedroom + den residence offers a perfect blend of modern living and unparalleled amenities. Step into your private oasis and be greeted by breathtaking views of downtown Calgary and the serene Mahogany Lake, all from the comfort of your own balcony. This beautifully designed unit boasts a spacious layout, a well-appointed washroom, and the added convenience of 1 underground titled parking spot . Whether you're relaxing on your balcony or enjoying the expansive list of amenities, every detail has been thoughtfully curated to elevate your lifestyle. Westman Village is a true lifestyle destination, offering an impressive array of amenities, including a sparkling swimming pool, state-of-the-art gym, private movie theatre, club room, indoor garden, woodworking shop, wine vault, cooking room, library, and basketball courts, along with a concierge desk. Beyond the building, you'll find even more at your doorstep. A dental clinic, medical clinic, ice cream parlour, and two coffee shops are just steps away, and much more. Enjoy a relaxing Dinner at Chairman's Steakhouse and Jazz Club all steps away! With quick and easy access to Stoney Trail and Deerfoot Trail, your commute to work or weekend adventures has never been more convenient. Experience the ultimate in urban living at Westman Village—where every day feels like a retreat. Don’t miss the opportunity to call this exceptional property home! More details
    Listed by CIR Realty
  • 340 Masters Crescent SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2189526

    340 Masters Crescent SE Mahogany Calgary T3M 3W9
    Main Photo: 340 Masters Crescent SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2189526
    $479,000
    Residential
    Status:
    Active
    MLS® Num:
    A2189526
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,230 sq. ft.
    Introducing "The Newport" by Mountain Pacific Homes. This spacious open concept home caters to all lifestyle needs. The U-shaped kitchen, adorned with a single-sided waterfall island, invites culinary adventures and includes appliances. Abundant natural light fills the home through large windows. Step onto the balcony with built-in gas line for outdoor grilling. The central dining area suits family dinners, entertaining, or game nights. Upstairs features 2 master bedrooms, one of which - the 4 piece ensuite boasts a walk-in closet. Also find stacked laundry, and a second master with its own ensuite. Embrace comfort and functionality in this exquisite residence. *Photos are representative* More details
    Listed by Bode
  • 103 12 Mahogany Path SE in Calgary: Mahogany Apartment for sale : MLS®# A2189866

    103 12 Mahogany Path SE Mahogany Calgary T3M 3A4
    Main Photo: 103 12 Mahogany Path SE in Calgary: Mahogany Apartment for sale : MLS®# A2189866
    $439,900
    Residential
    Status:
    Active
    MLS® Num:
    A2189866
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    645 sq. ft.
    Discover this beautiful adult living 1 BEDROOM, 1 BATH, HIGH CEILINGS, CONCRETE MAIN FLOOR, 29' x 8' BALCONY, INDOOR PARKING! This main-floor home offers unique south-facing sunny views of the impressive central courtyard, landscaped garden walkways, water features, and a seasonal fountain. Never rented and lovingly maintained. Upgrades include stainless steel appliances, LVP flooring, stainless steel undermount sink, 1 titled parking stall, 99 leased storage in the storage room area with a private locker, bedroom(s) views of the courtyard/pond, and so much more! Journey Club Adult Living Al a Carte add on services available for this Odyssey building. WESTMAN VILLAGE RESORT LIVING - Check out the video links of the Village Center - all 3 floors! Impressive landscaping matches the picturesque views from your future backyard, with fountains, park benches, bridges, pathways & raised planters. 40,000 sf amenity centre speaks for itself. Activities are available for all interests & hobbies. Including a swimming pool with a 2-story water slide, golf simulator, fitness center, movie theatre & so much more... 24-hour, 7-day-a-week security & concierge service. Your new home features open floor plans maximizing your lifestyle experience with Jayman Core Performance & beautiful Fit and Finish. All homes include exceptional specifications, including solar panels on every building, forced air - heat, triple pane windows, Vancouver-inspired architecture with oversized covered balconies, and hardie board siding with extensive brick & stone masonry. Truly a one of a kind experience, join the select few who will call Odyssey their home. Winter eliminated 1,292 underground parking stalls- not just for our residents but also their guests & visitors with extensive pedestrian +15 skywalks & underground passageways—200 visitor parking stalls located in the heated, underground parkade. There are 10 short-term stay hotel suites, electric dual car chargers, 3 restaurants, the famous Alvin's Restaurant (casual-upscale jazz bar), Chairman’s Steakhouse, and our highest amenity & Diner Deluxe. Plus, Analog Coffee, Chopped Leaf, Diner Deluxe, Village Medical, Mahogany Village Dental, Sphere Optometry, Active Sports Therapy, JC Spa, PHI Medical Aesthetics, Moderna Cannabis, MASH Eats, Marble Slab, Dolphin Dry Cleaners, 5 Vines & Mode Fitness Studio, plus Pie Junkie and a daycare. Outstanding $8 Million on the surface & landscaping: 596 Trees, 8019 shrubs, 1940 grasses, 4292 perennials, 10 fountains onsite! Experience the fantastic community and 5-star resort-style living where every day feels like a vacation! Welcome Home! More details
    Listed by Jayman Realty Inc.
  • 707 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2188012

    707 135 Mahogany Parade SE Mahogany Calgary T3M 2J9
    Main Photo: 707 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2188012
    $439,500
    Residential
    Status:
    Active
    MLS® Num:
    A2188012
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,115 sq. ft.
    Located in Calgary's premier lake community, this two-storey home features a seamless open layout that integrates the kitchen, dining, and living areas, perfect for everyday life and entertaining. The kitchen has stainless steel appliances and an island with quartz countertops. Upstairs, you'll find two generously sized bedrooms with ensuite bathrooms and large closets, offering privacy and convenience. The upper floor also includes a laundry area, adding to the home's practicality. Superior insulation, exceeding building code by 40%, ensures that ZEN homes are quieter, more durable, and warmer than traditionally built homes. The house also includes a Fresh Air System (HRV) for improved indoor air quality and energy-efficient features like double-coated, triple-pane windows and extra insulation. Experience this ZEN townhome's ultimate blend of comfort, modern living, and close lakeside lifestyle.. Photos are representative. More details
    Listed by Bode
  • 7320 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2187390

    7320 1802 Mahogany Boulevard SE Mahogany Calgary T3M 2C7
    Main Photo: 7320 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2187390
    $345,900
    Residential
    Status:
    Active
    MLS® Num:
    A2187390
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    502 sq. ft.
    Presenting the BILD Calgary Region Award-winning floorplan, the Carr 2, 1 bedroom + 1 bathroom. This home features 41” upper cabinets with soft close doors and drawers, luxury vinyl plank, tile as standard in the bathroom, stainless steel appliances, pot lights, and 8' wide patio door, and titled parking. All Logel Homes customers receive a 1-on-1 professional Interior Design appointment and select from over 2000 standards and upgrades. Situated in Logel Homes new development, Waterside at Mahogany, this home, spanning 543 sq. ft. (Builder's size) will allow you to experience the perfect combination of lake life and walkable amenities in a location like no other. Right at your doorstep, stroll along inner-city-esque amenities with numerous retail and shopping experiences, including coffee shops, grocery stores, and restaurants. Enjoy the beautiful parks and pathways set alongside Mahogany Lake. With 100 sales in 6 months, located only 100 ft from Lake Mahogany and 200m from all the shopping of Village Market, don’t miss out on the best condo location in Calgary - Waterside at Mahogany. Acknowledged as Calgary’s most award-winning multi-family builder, Logel Homes is built on a legacy of innovation, quality, and a passion for exceptional customer experience. Recently named the four-time consecutive Large Volume Multi-Family Builder of the Year, 8-time Best Customer Experience & 2023’s Builder of Choice, and Canada’s Best Managed Platinum winner, Logel Homes is setting the standard for multi-family living. More details
    Listed by RE/MAX Real Estate (Central)
  • 704 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2187517

    704 135 Mahogany Parade SE Mahogany Calgary T3M 2J9
    Main Photo: 704 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2187517
    $285,500
    Residential
    Status:
    Active
    MLS® Num:
    A2187517
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    536 sq. ft.
    The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. ZEN townhomes feature superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. Ideal for first-time homebuyers or investors, the Braeburn offers a smart, efficient introduction to homeownership. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style, making it a great investment. Photos are representative. More details
    Listed by Bode
1-12/19
Data was last updated February 16, 2025 at 04:05 PM (UTC)

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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Cell: 403-397-3706