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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7402 1802 Mahogany
Mahogany Calgary T3M 0T2

$409,900
Residential beds: 2 baths: 2.0 702 sq. ft. built: 2025

Main Photo: 7402 1802 Mahogany in Calgary: Mahogany Apartment for sale : MLS®# A2215635
Photo 1: 7402 1802 Mahogany in Calgary: Mahogany Apartment for sale : MLS®# A2215635
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Photo 18: 7402 1802 Mahogany in Calgary: Mahogany Apartment for sale : MLS®# A2215635
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2215635
Bedrooms:
2
Bathrooms:
2
Year Built:
2025
Welcome to Waterside at Mahogany, Calgary’s largest lake community. The Findlay 2 is a well-designed home that blends modern style with everyday functionality. It features quartz countertops, sleek cabinetry, luxury vinyl plank flooring in the main living areas, and designer ceramic tile in both ensuite bathrooms. The kitchen is enhanced by a subway tile backsplash and a full stainless steel appliance package, including a large-capacity washer and dryer. Pot lighting adds a contemporary touch throughout. This south-facing home offers a bright, open feel and includes a 79 sq. ft. balcony for outdoor relaxation. Located within walking distance to shops and restaurants, residents also enjoy access to Calgary’s largest private lake, complete with beaches, walking trails, and year-round recreation. Underground heated titled parking is included for added convenience. This home is protected by the Alberta New Home Warranty Program, ensuring peace of mind for years to come.
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:
702 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$470.00
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
HOA Fee Frequency:
Annually
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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Floor Location:
Other
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2025 (Age: 0)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
20242025
Heating:
Hot Water
New Constr.:
Yes
Construction Material:
Concrete, Wood Frame
Structure Type:
High Rise (5+ stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Vinyl Plank
Cooling:
Wall Unit(s)
Fireplaces:
0
Garage:
0
Garage Spaces:
1
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
HOA Fee:
$425.00
Condo Fee Frequency:
Monthly
Z-name Not Listed
Mahogany
Beach Access, Clubhouse, Playground, Snow Removal
Electric Stove, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Microwave
N/A
Pet Restrictions or Board approval Required, Pets Allowed
Restrictions, Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Entrance
Measurements not available
Main Floor
Kitchen With Eating Area
11'3" × 8'4"
Main Floor
Living Room
13'10" × 10'1"
Main Floor
Bedroom - Primary
10'5" × 10'4"
Main Floor
Bedroom
10'5" × 10'1"
Main Floor
Laundry
Measurements not available
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
Main Floor
Yes
4
Title to Land:
Fee Simple
Community Features:
Clubhouse, Lake, Park, Playground
Interior Features:
Kitchen Island
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
MC2025
Listed Date:
May 02, 2025
Days on Mkt:
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Listed by RE/MAX Real Estate (Central)
Data was last updated May 22, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
140
Avg list price:
$684,950
Min list price:
$274,900
Max list price:
$2,248,900
Avg days on market:
39
Min days on market:
1
Max days on market:
566
Avg price per sq.ft.:
$428.19
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706