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.

BANKVIEW HOMES & CONDOS FOR SALE FROM $875,000 to $975,000

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  • 1612 25 Avenue SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2215833

    1612 25 Avenue SW Bankview Calgary T2T 0Z8
    Main Photo: 1612 25 Avenue SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2215833
    $970,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215833
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    1,835 sq. ft.
    Welcome to this stunning 3-storey duplex in the desirable inner-city community of Bankview. Thoughtfully designed and beautifully finished, this 4-bedroom, 6-bathroom home offers over 2,000 square feet of sophisticated living space, complemented by soaring ceilings, high-end finishes, and incredible views of downtown Calgary. Step inside to discover a spacious open-concept main floor with 10-foot ceilings and oversized windows that fill the home with natural light. The heart of the home is the designer kitchen featuring high-end Bosch appliances, including a gas cooktop and wall oven, a large central island with sleek stone countertops, and statement lighting that adds a touch of glam. The expansive dining area is perfect for hosting, while the living room is anchored by a dramatic floor-to-ceiling gas fireplace — creating a cozy yet modern focal point. Upstairs, you'll find 9-foot ceilings and three generous bedrooms. The primary suite impresses with a large walk-in closet and a spa-like 4-piece ensuite featuring a glass shower, dual vanities, and refined finishes. Two additional bedrooms share a stylish 3-piece bath, and the central laundry area offers everyday convenience right where you need it. The top floor is your private urban retreat. The spacious loft includes a large bonus room, the fourth bedroom with its own walk-in closet and 4-piece ensuite, and two impressive balconies — one off the bedroom and another off the bonus room. Take in the incredible views of Calgary's downtown skyline while enjoying your morning coffee or an evening glass of wine. Whether you're entertaining or relaxing, this space offers the perfect blend of comfort and style. The lower level adds even more function with a fully finished mud area, additional storage, and a convenient 2-piece bathroom off the oversized double attached garage — ideal for unloading after a busy day. Outdoor living is just as thoughtful with multiple balconies on the first and third floors, rough-in for a BBQ gas line, and the perfect spot to take in the city lights. Additional upgrades include rough-in for air conditioning and in-floor heating, giving you the opportunity to tailor your comfort all year long. Located minutes from 17th Avenue, Marda Loop, parks, schools, and transit, this modern inner-city home in Bankview offers the perfect balance of space, style, and location. Don’t miss your chance to own a home that combines thoughtful design, functional luxury, and unbeatable city views. More details
    Listed by RE/MAX iRealty Innovations
  • 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2181221

    2520 16 Street SW Bankview Calgary T2T 4E9
    Main Photo: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2181221
    $874,900
    Residential
    Status:
    Active
    MLS® Num:
    A2181221
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    1,921 sq. ft.
    *** Please click on "Videos" for 3D tour *** THIS PROPERTY WOULD MAKE AN EXCELLENT SHORT TERM RENTAL / AIRBNB ** BE THE FIRST OWNER in this stunning 3 Storey home with VIEWS OF DOWNTOWN in very desirable Bankview! Amazing features include: over 2300 sq feet of development, chef's kitchen with quartz island, 9 foot ceilings on main floor, amazing primary suite with 5-piece en suite bath including roughed-in steam shower/walk-in closet/heated tile floors & private owners balcony, 4 total bedrooms, 4.5 total bathrooms, deck from 2nd level, upper laundry room, engineered hardwood & tile flooring, custom built-ins in EVERY closet, dining room with feature wall, flex room with wet bar & 4-piece bathroom in basement, roughed-in A/C, double insulated/drywalled attached garage, roughed-in in-floor heat & much more! Location is amazing - super quiet street, all schools close by, only 4 min to downtown & easy access to all amenities! It also comes with bumper to bumper warranty (1, 2, 5, 10) & all landscaping - sidewalks/deck/fences & gates/rundle rock! IMMEDIATE POSSESSION! Legal suite can be added pending City approval. Plans are available upon request. Measurements are as follows: Main floor - 671 sq ft, Second Level - 678 sq ft, Third Level - 571, Basement Level Developed - 355 sq ft. More details
    Listed by RE/MAX Landan Real Estate
  • 2518 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2204309

    2518 16 Street SW Bankview Calgary T2T 4E9
    Main Photo: 2518 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2204309
    $874,900
    Residential
    Status:
    Active
    MLS® Num:
    A2204309
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    1,843 sq. ft.
    Important Note: A legal suit can be added to the unit pinding City approval. Plan are prepared and available for submission upon the buyer request...Welcome to this stunning brand-new duplex, in one of the prime location in Calgary ( Bankview ), Over 2200 sq ft of living space, with easy access to local amenities and transportation, Its perfectly designed for comfort and luxury living! With 5 spacious bedrooms and 5 modern bathrooms, with high end appliance package, 10 foot ceilings on main floor / 9 foot ceilings upper & basement, this property offers ample space for families, friends, and guests. don't forget to enjoy the birds sound from the main floor balcony, and for more privacy we made loft with spacious bonus room, Bedroom, bathroom and big balcony to enjoy downtown view. - 4 upper bedrooms with plenty of natural light and built-in closets - 4.5 stylish bathrooms with high-end fixtures and finishes - Double garage attached with additional room behind and kitchenette plus full bathroom - Open-plan living area with gourmet chef's kitchen, perfect for entertaining - High ceilings, elegant fixtures, and modern finishes throughout - Private outdoor spaces for relaxation and enjoyment - Energy-efficient appliances and systems - Smart home technology integration *Don't miss out on this incredible opportunity! Contact us today to schedule a viewing and make this dream home yours More details
    Listed by First Place Realty
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Data was last updated May 19, 2025 at 12:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706