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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

$200,000 - $375,000 $500,000 - $600,000 $800,000 - $900,000
$350,000 - $500,000 $600,000 - $700,000 $900,000 -
$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

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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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Acadia

BUNGALOWS FOR SALE IN BANFF TRAIL CALGARY

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  • 2111 Halifax Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2211175

    2111 Halifax Crescent NW Banff Trail Calgary T2M 4C8
    Main Photo: 2111 Halifax Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2211175

    2111 Halifax Crescent NW Calgary T2M 4C8 Banff Trail

    $888,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211175
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,177 sq. ft.
    Here is a great opportunity to own this rare oversized inner city lot in a highly sought-after community of Banff Trail. Situated inside a quiet street on a 56’ x 120’ flat rectangular shaped lot with back-laned access, this home backs onto a strip of green space and is within walking distance to the University of Calgary, SAIT, McMahon Stadium, and Foothills Medical Centre. With the City’s recent blanket rezoning, the potential for re-development on this property is endless. The home features a 1950’s style bungalow with 2 bedrooms and a bath on the main floor, and 2 bedrooms and a bath in the basement. The basement has a self contained unit (illegally suited) with a separate back entrance and a shared laundry facility in the utility room. The house has always been tenant-occupied. Please contact your realtor to book a viewing today! More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS

  • 2204 24 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2194894

    2204 24 Avenue NW Banff Trail Calgary T2M 1Z7
    Main Photo: 2204 24 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2194894

    2204 24 Avenue NW Calgary T2M 1Z7 Banff Trail

    $824,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194894
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,256 sq. ft.
    Investor/Developer Alert! A rare opportunity in the highly sought-after community of Banff Trail! This property presents a prime investment for those looking to hold for redevelopment in a rapidly growing area. The 50x120 ft lot, zoned RC-2, offers unmatched potential for multi-family or custom development. Situated just minutes from downtown Calgary, this location is a developer's dream with easy access to major amenities and key institutions. You’re steps from the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, and renowned medical facilities including Foothills and Children’s Hospitals. The property also offers proximity to parks, the University District, and a range of recreational amenities. Across from Branton Junior High School, and close to Ecole Banff Trail Elementary & William Aberhart High School, the site offers excellent access to public transportation, with both Banff Trail (9-min walk) and Lion's Park (20-min walk) C-train stations nearby. With access to both U of C and SAIT within minutes, this location is ideal for future tenants or buyers seeking easy transit. This 1200 sq. ft. character bungalow is consistently rented, making it a solid income-producing property in the meantime, but its true value lies in the unlimited redevelopment potential offered by the lot size and location. The home includes three spacious bedrooms, a full bathroom, and a lower level with separate access, a second kitchen, bedroom, bathroom, and laundry. A single garage and rear laneway add further development possibilities. With its exceptional location and unmatched redevelopment potential, this is a rare opportunity you don’t want to miss. Schedule your viewing today to explore the future possibilities of this incredible property! More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 2452 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2208565

    2452 22A Street NW Banff Trail Calgary T2M 3X7
    Main Photo: 2452 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2208565

    2452 22A Street NW Calgary T2M 3X7 Banff Trail

    $749,988
    Residential
    Status:
    Active
    MLS® Num:
    A2208565
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    894 sq. ft.
    *** Location, Location, Location *** Discover the potential of 2452 22A Street NW, ideally situated in the sought-after Banff Trail community, just a 5-minute walk from the University of Calgary, Banff Trail C-Train station, and McMahon Stadium. This charming home, located on a 50' x 120' lot and zoned R-CG, presents an excellent investment opportunity with redevelopment potential. The main floor boasts original hardwood flooring, a spacious living room, two good-sized bedrooms, an eat-in kitchen, and an updated 4-piece bathroom. The lower level, with a separate entrance, includes an illegal suite featuring a large kitchen, living area, primary bedroom, and 3-piece bathroom. The expansive backyard offers a single detached garage and additional parking space. With updated windows throughout, the home is filled with natural light, and the location provides easy access to Crowchild Trail and a wealth of nearby amenities, including shopping, dining, and entertainment. Whether you’re looking for a cozy home, an investment opportunity, or a redevelopment project, this property has it all. Book your showing today and make this fantastic property yours! More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 2433 25 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2213734

    2433 25 Avenue NW Banff Trail Calgary T2M 2C6
    Main Photo: 2433 25 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2213734

    2433 25 Avenue NW Calgary T2M 2C6 Banff Trail

    $724,900
    Residential
    Status:
    Active
    MLS® Num:
    A2213734
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,181 sq. ft.
    *****Attention Investors ***** Excellent opportunity for redevelopment here in Banff Trail. This well loved, one owner, self constructed home is straight out of the 1950's. This 13.7 m x 36.58m south facing backyard property is zoned R-CG which allows for single detached home with a legal basement suite or 2 attached single family homes (attached side by side) with each having a legal basement suite. Purchase to live in or rent it out this 1180sq ft 2 bedroom bungalow until it is time for you to develop the property or purchase and develop right away. The choice is yours. Situated within walking distance of McMahon Stadium, LRT station, University of Calgary and SAIT. It is minutes away from downtown, Foothills and Children's Hospitals, the vibrant University District, Confederation Park Golf Course and Confederation Park. This property offers an unbeatable location. Call your realtor to have a look More details
    Listed by Purpose Realty
    LISTING DETAILS
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Data was last updated May 7, 2025 at 10:05 AM (UTC)
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.
Diane Richardson
Cell: 403-397-3706