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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205 1605 16 Avenue SW
Sunalta Calgary T3C 1A2

$199,900
Residential beds: 1 baths: 1.0 570 sq. ft. built: 1980

Main Photo: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 1: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 2: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 3: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 4: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 5: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 6: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 7: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 8: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 9: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 10: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 11: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 12: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Photo 13: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2219068
Bedrooms:
1
Bathrooms:
1
Year Built:
1980
Welcome to this cozy 1-bedroom, 1-bathroom condo, perfectly set up for comfort, convenience, and value. Whether you're a first-time buyer ready to take the leap into ownership or an investor seeking a low-maintenance, easy to rent property, this checks all the boxes. Step inside and enjoy the inviting warmth of the wood-burning fireplace, the perfect centerpiece for cozy nights in. Stay comfortable all summer long with central A/C, and enjoy a thoughtfully laid out floor plan that maximizes both space and functionality. Located in Sunalta, the unbeatable access to shopping, dining, transit, and entertainment—makes it an easy choice for tenants and owners alike. Don't miss your chance to own this charming condo in perfect location, at an amazing price!
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:
569.9 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$553.94
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, 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:
Southwest
Floor Location:
Other
Entry Level:
2
Stories Total:
3
Levels:
Single Level Unit
End Unit:
End Unit
Total Rooms Above Grade:
4
Year built:
1980 (Age: 45)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
8210170
Heating:
Baseboard
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Ceramic Tile, Laminate
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
0
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Sunalta
Parking
Central Air Conditioner, Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
N/A
None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
9'6" × 7'
Main Floor
Balcony
9'2" × 8'
Main Floor
Living Room
16'3" × 12'3"
Main Floor
Dining Room
9'7" × 6'11"
Main Floor
Entrance
6' × 3'9"
Main Floor
Bedroom - Primary
11'5" × 10'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
4'11" x 10'
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
MC-2
Listed Date:
May 08, 2025
Days on Mkt:
  • Photo 1: 205 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2219068
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Listed by Royal LePage Benchmark
Data was last updated June 5, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$238,000
Min list price:
$169,000
Max list price:
$865,000
Avg days on market:
29
Min days on market:
2
Max days on market:
91
Avg price per sq.ft.:
$351.57
These statistics are generated based on the current listing's property type and located in Sunalta. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706