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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
| MAHOGANY DETACHED HOMES FOR SALE | MAHOGANY CONDOS FOR SALE |
| MAHOGANY TOWNHOMES FOR SALE | BUNGALOWS FOR SALE IN MAHOGANY |
There are several ways to contact Diane Richardson:
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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.
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Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
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Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
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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.
BUNGALOWS FOR SALE IN COLLINGWOOD CALGARY
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80 Clarendon Road NW in Calgary: Collingwood Detached for sale : MLS®# A2219437
80 Clarendon Road NW Calgary T2L 0P3 
$1,599,000Residential- Status:
- Active
- MLS® Num:
- A2219437
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,825 sq. ft.
Buyers are raving about this home — a hidden gem that’s much larger than it appears, with nearly 3,200 square feet of luxury renovations and top-tier craftsmanship throughout. featuring a renovation so refined, it’s clear from the moment you enter that no detail was overlooked. Located in the exclusive Foothills Estates pocket of Collingwood, this home offers a rare opportunity to get ahead of the curve in a neighborhood undergoing a wave of luxury redevelopment. While others are pouring money into expensive builds and renos, you can step into perfection now — and enjoy the value surge that’s already underway. Inside, the sprawling bungalow layout offers five bedrooms and three bathrooms, laid out across a thoughtfully finished main level and a bright, expansive lower level. The oversized lot adds even more appeal, offering endless potential for outdoor living and entertaining. At the heart of the main level is a showstopping chef’s kitchen. It features a professional gas range, premium built-in appliances, a stunning island with refined reeding detail, and a fully outfitted butler’s pantry that makes hosting a breeze. A tray-vaulted ceiling subtly frames the dining area, maintaining an open flow into the sunlit family room — a space that balances style with comfort. The primary suite is a true retreat. Soaring 12-foot ceilings give it a grand presence, while the spa-like ensuite with a steam shower delivers total relaxation. The walk-in closet includes its own laundry steamer, blending luxury with everyday convenience. Two additional main floor bedrooms, each with custom built-in wardrobes, and a full bathroom complete the upper level. Downstairs, the extra-wide staircase leads to a light-filled lower level, thanks to deep-set window wells that invite in natural light. This level includes a spacious family room with a sleek dry bar, two more bedrooms, a flexible bonus room that adapts to your needs, a full bathroom, and a dedicated laundry area. There’s also direct access to the attached garage through a functional mudroom — and yes, there’s even a custom dog wash station that always gets a smile. No detail has been overlooked in the renovation. From the newly installed rubber driveway built for durability through tough Canadian winters, to the efficient new air conditioning system and HRV unit, to the newly constructed roof — everything here has been carefully upgraded. A heated workshop adds the perfect touch for hobbyists or home business needs. This home doesn’t just look the part — it lives beautifully too. Sitting on a large, private lot in a neighborhood on the rise, it’s truly a must-see to appreciate just how special it is. More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1908 Cayuga Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2204224
1908 Cayuga Drive NW Calgary T2L 0N3
$1,099,000Residential- Status:
- Active
- MLS® Num:
- A2204224
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,472 sq. ft.
Located in the sought after Foothills Estates within the community of Collingwood, this 70' x 130' lot offers endless potential! Situated across from a green space and with a west-facing backyard the features are rare to find. The lot's generous size and proximity to the community’s many new builds make it an excellent choice for a future custom home. While the current house is solid and fully developed, with three bedrooms upstairs, one downstairs, and three full baths, the real value here lies in the lot's potential. The neighborhood is undergoing significant revitalization, with new builds and renovations transforming the area. Whether you’re looking to update the current home to suit your needs or plan a completely new build, this property offers plenty of possibilities. The lot also features mature trees that could be trimmed back to enhance the space and usability. This is an incredible opportunity to own in a rapidly improving community with great potential for future growth. Don’t miss out on this fantastic lot! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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19 Cheltenham Road NW in Calgary: Collingwood Detached for sale : MLS®# A2220854
19 Cheltenham Road NW Calgary T2L 0M4
$825,000Residential- Status:
- Active
- MLS® Num:
- A2220854
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,051 sq. ft.
Welcome home! A renovated bungalow on a well landscaped, large lot in the desirable community of Collingwood. The open concept main level features a renovated kitchen (2022) with granite countertops, pull out drawers and lots of cupboard space. The large island overlooks the formal dining room and spacious living room with an oversized window bringing in loads of natural light. Down the hall you will find 3-bedrooms with closet built-ins and hi-end European blinds. The bright, renovated 4pc bathroom with soaker tub complete this space. Relax in the media room featuring custom built-ins, a wet bar with bar fridge and a gas fireplace with beautiful floor to ceiling stone work. Down the hall you will find the large 4th bedroom with egress window and a 3 pc bathroom with walk-in shower, heated floors and wired for a vanity light. The laundry room at the end of the hall is finished with quartz countertops, tile backsplash and built-ins for extra storage. The back door leads to the oversized, single garage and the private, west facing, fenced backyard with a stone patio and gas line, perfect set up for a fire table and entertaining in the summer months. Pride of ownership is very apparent in this home. New windows (2020), Attic insulation (2021), Soffit and fascia (2021), landscaping (2025). AC was installed (2021) Steps away from schools of all levels. Minutes to Nose Hill Park, The Winter Club, SAIT and the C-Train. Don’t miss this opportunity and call for your viewing today! More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
3 Canyon Drive NW Calgary T2L 0R2
$824,800Residential- Status:
- Active
- MLS® Num:
- A2220331
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,014 sq. ft.
FULLY RENOVATED!! Everything in this property is BRAND NEW!! Located on the CORNER of a VERY QUIET STREET in the extremely sought after community of COLLINGWOOD, is this 4 BEDROOM + 3 FULL BATHROOM property has been completely remodelled from the interior to the exterior! This home has NEW PLUMBING, FLOORING, DOORS, 200amp ELECTRICAL, NEW KITCHEN, BATHROOMS, APPLIANCES, FURNACE, TANKLESS INSTANT HOT-WATER SYSTEM, and A NEW FULLY FINISHED BASEMENT! The exterior is also ALL NEW, including the ROOF, CONCRETE WALKWAYS, STUCCO EXTERIOR, and MAINTENANCE-FREE BACKYARD! The GARAGE is HEATED and INSULATED with UPGRADED ELECTRICAL, and an EV CHARGER. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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35 Collingwood Place NW in Calgary: Collingwood Detached for sale : MLS®# A2215271
35 Collingwood Place NW Calgary T2L 0R1
$799,900Residential- Status:
- Active
- MLS® Num:
- A2215271
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,126 sq. ft.
Fantastic 3 bedoom bungalow with a sunny south back with downtown views!! This move-in ready home is located on a quiet cul-de-sac in the heart of Collingwood just steps to St Francis High School, Senator Patrick Burns Junior High School and Brentwood School and St Luke Elementary Schools. The home itself boasts gorgeous hardwood flooring, upgraded windows (some triple pane), a newer furnace, Hot water Tank, and Air Conditioning! The unfinished lower level features larger, south windows letting in ample south light. Note the full width steel beam offering solid support! Out back, enjoy the sunny south yard and single detached garage! There is ample parking out front and lots of public transit close by on Northmount Drive. Enjoy easy access to the University of Calgary, Foothills hospital, and SAIT! A Great location to call home! More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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43 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2208399
43 Canyon Drive NW Calgary T2L 0R2
$745,000Residential- Status:
- Active
- MLS® Num:
- A2208399
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,087 sq. ft.
Welcome to this INCREDIBLE INVESTMENT OPPORTUNITY located on a quiet street in the sought-after neighborhood of Collingwood. This property offers the perfect canvas for builders, renovators, or homeowners seeking to create their dream home in a prime location. Previous owners have obtained an approved development permit for two detached dwellings, a process that typically takes up to 6 months to complete, saving builders valuable time and money. The value between approved development permits and holding costs is roughly $40,000. On top of that the hot water tank was just replaced in October! With stunning city views, this lot is surrounded by some of the best amenities Calgary has to offer. Just minutes away from Nose Hill Park, Confederation Park, and the renowned Confederation Golf Course, this location is perfect for those who enjoy outdoor activities. You'll also find tennis courts, dog parks, the West Confederation bike track, and multiple schools nearby. Whether you're an outdoor enthusiast or seeking convenience, everything you need is just around the corner. The property is ideally situated just a 5-minute drive to both SAIT and the University of Calgary, making it a fantastic choice for students, faculty, or anyone looking for easy access to these educational institutions. A quick 10-minute drive will take you to the vibrant Kensington area, where you'll find an array of shops, restaurants, and entertainment options. This is a fantastic opportunity for builders or renovators to create something truly special in one of Calgary's most desirable neighborhoods. Don't miss out—contact us today for more information or to schedule a viewing! More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3404 Cardston Crescent NW in Calgary: Collingwood Detached for sale : MLS®# A2209857
3404 Cardston Crescent NW Calgary T2L 0S6
$729,900Residential- Status:
- Active
- MLS® Num:
- A2209857
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,057 sq. ft.
This bungalow presents a prime investment opportunity in the heart of highly sought-after Collingwood. Situated on a generous pie-shaped 6,200 sq ft corner lot, this R-CG zoned property offers outstanding potential for redevelopment or great Family Home to raise your children in this Inner City home with schools around. Great location just steps from the Confederation Park. The 1,057 sq ft Bungalow layout includes 2+2 bedrooms and 2 full bathrooms (it can be changed back to 3 Bedrooms up). The fully finished basement with a separate exterior entry makes it easy to convert into an income-generating suite (subject to city approvals). The main level features hardwood flooring, a bright and spacious Living room, a formal Dining area and a functional Kitchen with a breakfast nook. The generously sized Primary bedroom (combined 2 bedrooms) plus a second bedroom and full bath to complete the Main level. The finished basement includes a large Family room, additional 2 bedrooms, a full bathroom with a laundry unit. Enjoy a landscaped and fenced backyard complete with a patio and an oversized double detached garage. Located just minutes from top-rated schools, Confederation Park, Golf Course and local playgrounds, this location offers excellent lifestyle appeal. Transit is nearby, with quick access to U of C, SAIT and downtown. Great opportunity for Builders to put Infills or Townhouses, or for family who likes to move to Inner City and add your own renovation ideas to turn into a lovely home. More detailsListed by Jessica Chan Real Estate & Management Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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