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.
CALGARY REAL ESTATE FOR SALE UNDER $500,000
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312 10 Brentwood Common NW in Calgary: Brentwood Apartment for sale : MLS®# A2190596
312 10 Brentwood Common NW Calgary T2L 2L6 
$350,000Residential- Status:
- Active
- MLS® Num:
- A2190596
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 614 sq. ft.
Discover the perfect blend of style and convenience in this modern 2-bedroom, 2-bathroom corner unit in the heart of University City. With its sleek design and prime location, this condo is an exceptional opportunity for students, professionals, and investors alike! Step inside to find a bright, open-concept living space with laminate wood-toned flooring, creating a warm and inviting ambiance. The well-designed kitchen features contemporary white appliances, sleek cabinetry, and ample counter space. The spacious living room, bathed in natural light, extends to a NE-facing balcony, offering a perfect spot to unwind. This unit boasts two well-appointed bedrooms, including a primary suite with a private 4-piece ensuite, plus an additional 4-piece bathroom for added convenience. In-suite laundry ensures effortless daily living. Enjoy premium amenities, including a fitness center, study/meeting room, bike storage, guest parking stalls, and enhanced security. This building is wired with Telus Fibre Optic for seamless connectivity. Central air conditioning and one titled underground parking stall add to the comfort and convenience. Adjacent to the parking stall is an additional assigned storage locker. Located in a prime, quiet location, this condo is just steps from the University of Calgary, LRT station, Foothills Medical Centre, Alberta Children’s Hospital, and Brentwood’s array of shops and services. Whether you’re a student, medical professional, or savvy investor, this is an opportunity you won’t want to miss! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3316 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2206263
3316 11 Mahogany Row SE Calgary T3M 2L6
$350,000Residential- Status:
- Active
- MLS® Num:
- A2206263
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 794 sq. ft.
Welcome to a charming 2-bedroom, 2-bathroom apartment condo located right in the heart of Mahogany! This lovely home is freshly painted, professionally cleaned, and has new carpet in the bedrooms. MOVE-IN-READY! As you step into the foyer and kitchen, you'll notice the tile flooring that beautifully complements the bright kitchen with its full-height cabinets, stainless steel appliances, and contemporary lighting. The granite countertops throughout add a touch of elegance. With an open floor plan, entertaining is effortless, and having NO SHARED WALLS with other neighbours means you'll experience unmatched privacy. The primary bedroom includes "his and hers" closets with full-size mirror doors and a 4-piece ensuite. The second bedroom is adaptable, ideal for use as an office, gym, or playroom. Picture enjoying a summer BBQ or a peaceful coffee moment on the spacious covered patio. You're just steps away from the West Beach entrance to Mahogany Lake, with easy access to Mahogany Village amenities, wetlands, and extensive pathways. The Westman Village shopping plaza is nearby, and both the South Health Campus hospital and the YMCA are just a 5-minute drive away, making this a truly unbeatable location! Whether you're buying your first home, downsizing, or investing, this low-maintenance home is perfect for an active lifestyle. Plus, it's ready for quick possession. Don't let the opportunity to own this condo pass you by! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1703 3820 Brentwood Road NW in Calgary: Brentwood Apartment for sale : MLS®# A2188102
1703 3820 Brentwood Road NW Calgary T3K 0M6
$350,000Residential- Status:
- Active
- MLS® Num:
- A2188102
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 552 sq. ft.
* PRICE REDUCED * Excellent location and unobstructed downtown view. Welcome to this cozy and new renovated apartment unit in highly desirable University City in Brentwood. Good for starter home or investment property. It features new paint, new counter tops, and vinyl flooring, there is no carpet in the unit, good size primary bedroom with big windows and beautiful views, good size second bedroom, large and bright living room with lots of windows, sliding door to balcony, spacious kitchen and dining area, 1 full bathroom, and in suite laundry. It also has 1 titled underground parking unit and storage locker. It closes to University of Calgary, steps away to shopping mall, LRT station, restaurants, and easy access to major roads. ** 1703 3820 Brentwood Road NW ** More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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453 333 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2199125
453 333 Riverfront Avenue SE Calgary T2G 5R1
$350,000Residential- Status:
- Active
- MLS® Num:
- A2199125
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 975 sq. ft.
RARE TOP-FLOOR NEARLY 1000 SQFT 2-BED/2-BATH CONDO STEPS TO BOW RIVER PATHWAY IN DOWNTOWN CALGARY! Imagine stepping out your front door and onto the Bow River Pathway, where morning jogs, sunset strolls, and the calming sound of the river become part of your everyday routine! Welcome to #453 333 Riverfront Ave SE, a RARE find in Downtown East Village with 975 SQFT, 2-beds, 2 full baths and grand fireplace! If you've been searching for a spacious home with UNBEATABLE RIVER VIEWS, an open-concept layout, and walkability to Calgary’s best urban amenities—this is it! Step inside to a bright and expansive open-concept layout, where large windows let in breathtaking views of the Bow River right from your living room. A cozy gas fireplace adds warmth and charm, making it the perfect space to relax after a long day. Sliding doors lead to your private balcony, where you can enjoy your morning coffee while taking in the serene waterfront scenery. The kitchen acts a central hub and provides ample cabinet storage and an island for food prep. A dedicated dining area provides additional space for sit-down meals with lots of leg room, making this home ideal for entertaining. The primary bedroom is a complete retreat, offering plenty of space for a king-sized bed, a large walk-in closet, and a private 4-piece ensuite. The second bedroom is also spacious and versatile, making it perfect for guests, a home office, or a roommate setup, with a second full 4-piece bathroom conveniently located just across. This unit also has a dedicated laundry area with in-suite washer and dryer for ease, while the underground parking stall ensures you’ll never have to worry about street parking or cleaning off your car in the winter! Living in this well-managed building, you can enjoy instant access to all of the best of premium amenities in Downtown Calgary including the most prestigious the Bow River Pathway and other walking, biking, or jogging trails right outside your door—a true rarity! Located in one of the best spots in the city, you’re also just steps away from Prince’s Island Park, Olympic Plaza (Renovations underway!), the Calgary Tower, Central Library, and the CORE Shopping Centre. Spend your weekends exploring East Village’s vibrant dining and shopping scene, catch a show at the BMO centre or walk down to the bustling 17th Ave dining & nightlife scene. Commuting is a breeze with quick access to transit, Memorial Drive, and Deerfoot Trail, plus added BONUS of the LRT rail with free fare downtown, putting the entire city at your fingertips. Jumping in the car: Airport is a 19 min drive (16.7KM), & Banff is a 1hr 26 min drive (128KM). More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1315 740 Legacy Village Road SE in Calgary: Legacy Apartment for sale : MLS®# A2219591
1315 740 Legacy Village Road SE Calgary T2X 5L2
$350,000Residential- Status:
- Active
- MLS® Num:
- A2219591
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 685 sq. ft.
100% walk score, across from All Saints High School and Legacy Township Shopping Center for this practically brand 2 bedroom, 2 bath home with Central Air! Enter into 9' knock down ceilings, a full size in-suite laundry pair and a side tiled 4 piece guest bath with a quartz storage vanity, soft close mechanics, tub surround and added tile accents. Luxury vinyl plank throughout the main floor and takes you to the 1st bedroom with a dual swing door closet. A kitchen presenting a massive central quartz island with added seating, soft close mechanics, pot lights a full stainless steel appliance package, tiled back-splash and a plethora of counter and storage space. To the rear of the plan is the lifestyle room with space for all types of furniture placement and a garden door leading to your partially covered outdoor space complete with vinyl decking a BBQ gas line, added exterior electrical and Central Air unit! The primary bedroom situated to the rear of the home offers a large walk through closet with built in organizers and tiled 3 piece en-suite bath boasting a quartz storage vanity for all your necessities, a full size shower and added tile accents. Added value in a building wrapped in Hardi board, with a heated and secure underground parking stall with a storage cage in front. Nothing to do but move in, relax and enjoy this perfectly placed home in a family community surrounded by convenience! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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307 103 10 Avenue NW in Calgary: Crescent Heights Apartment for sale : MLS®# A2175424
307 103 10 Avenue NW Calgary T2M 0B4
$350,000Residential- Status:
- Active
- MLS® Num:
- A2175424
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,167 sq. ft.
Condo unit with Concrete building structure. Unit includes underground heated parking, in suite laundry and is right on centre street bus stop. Open concept with white lacquer cabinets and an island in the kitchen. Full ensuite and walk-in. More detailsListed by ComFree- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3205 450 Sage Valley Drive NW in Calgary: Sage Hill Apartment for sale : MLS®# A2217844
3205 450 Sage Valley Drive NW Calgary T3R 0V5
$350,000Residential- Status:
- Active
- MLS® Num:
- A2217844
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 844 sq. ft.
Welcome to this beautifully designed 2-bedroom, 2-bathroom condo in the sought-after community of Sage Hill. Featuring an open-concept floor plan, this home is perfect for entertaining. The timeless white kitchen is both elegant and functional, offering modern lighting, a breakfast bar for casual dining, stainless steel appliances, and ample cabinetry. Luxury vinyl plank flooring adds both style and durability to the main living areas, while large windows fill the space with natural light. Step out onto your private balcony, complete with a gas hookup—perfect for summer BBQs. The two carpeted bedrooms are ideally separated by the living room, offering optimal privacy for guests or roommates. The spacious primary suite features a walk-through closet and a luxurious 5-piece ensuite with double vanities. Additional highlights include in-suite laundry, titled underground parking, and a dedicated storage cage. This unit combines comfort, convenience, and modern design. With gas and water included in condo fees, plus easy access to Stoney Trail and nearby amenities, this home is a must see! Book your showing today! More detailsListed by Nineteen 88 Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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102 28 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2221521
102 28 Auburn Bay Link SE Calgary T3H 1B3
$350,000Residential- Status:
- Active
- MLS® Num:
- A2221521
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 855 sq. ft.
Ground-floor convenience meets upgraded comfort in this 2 Bed + 2 Bath + Den condo in Auburn Bay—with brand new flooring and a layout that actually works. The ground-level patio? A total game-changer. Skip the stairs, avoid the elevators, and step right out—whether you’re letting the dog out or strolling over to South Health Campus, it doesn’t get more convenient. Inside, it’s bright and functional with a south-facing exposure, quartz countertops, under-cabinet lighting, stainless steel appliances, in-floor heating, and 9’ ceilings. There’s also in-suite laundry (because of course there is). The primary bedroom features a generous walk-through his-and-hers closet leading into a private 3-piece ensuite. The second bedroom has sliding doors straight to the patio—perfect for fresh air access anytime. You’ve also got a true den—ideal for a home office, reading nook, or your unofficial Peloton shrine. Add in heated underground parking, assigned storage, and a location just a five-minute walk to Auburn Bay Lake (with swimming, tennis courts, and 43 acres of park space), and you’ve got a winning setup. Condo fees cover heat and hot water—keeping monthly costs simple. Book your showing today with your favourite Realtor! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3207 450 Sage Valley Drive NW in Calgary: Sage Hill Apartment for sale : MLS®# A2230663
3207 450 Sage Valley Drive NW Calgary T3R 0V5
$350,000Residential- Status:
- Active
- MLS® Num:
- A2230663
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 823 sq. ft.
Welcome to Sage Hill Place-Where Comfort Meets Convenience! Step into this bright and spacious 2-bedroom, 2 bathroom condo, thoughtfully designed for modern living. The open concept layout features stylish quartz countertops and sleek stainless steel appliances, making the kitchen both functional and elegant. The primary bedroom boasts a walk-through closet leading directly into a private 4 piece ensuite bathroom, offering the perfect blend of comfort and privacy. Enjoy the convenience of underground parking, separate storage, and an unbeatable location just steps from parks shops and public transit. whelther you're a first time buyer, downsizer, or investor, this well maintained unit in a desirable community has everything you need. don't miss your chance to own in one of Sage Hill's most sougt after developments! More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2327 1818 Simcoe Boulevard SW in Calgary: Signal Hill Apartment for sale : MLS®# A2230232
2327 1818 Simcoe Boulevard SW Calgary T3H 3L9
$350,000Residential- Status:
- Active
- MLS® Num:
- A2230232
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,074 sq. ft.
Welcome to your beautifully updated top-floor unit offering 1,074.2 sqft of bright, functional living space in the highly sought-after Dana Village, a 55+ community which is perfectly managed to promote an active and fulfilling lifestyle. Step inside to discover a thoughtfully refreshed interior featuring brand-new soundproof vinyl plank flooring in the entry and kitchen, new carpet throughout the living room and bedrooms, and a modern paint palette that brightens and elevates the space. At the heart of the home, the kitchen now boasts freshly refinished cabinets with crisp white uppers and rich blue lowers, creating a clean and modern look which complements the other colours in the home. Quartz countertops add a touch of luxury to the kitchen, while generous cupboard space, in addition to the pantry ensures everything stays organized and accessible. The open-concept layout seamlessly flows from kitchen, to dining, to the spacious living area, which opens to your large private balcony overlooking the serene courtyard. This unit features two generously sized, sun-filled bedrooms, including a primary suite complete with a 4-piece ensuite. You’ll also love the added convenience of in-suite laundry with new washer/dryer, extra storage, and a 3-piece guest bathroom. A brand new furnace, added in December 2024, means you can move in with confidence; no need to budget for a big-ticket replacement. You'll also appreciate that heating and water are included in your monthly condo fees. Dana Village is the perfect place to start your retirement as it offers an abundance of amenities including a fitness centre, games room with pool tables, woodworking shop, and beautifully landscaped grounds. And you can't forget about the private car wash, a convenient amenity that makes it easy to keep your car looking its best year-round. In addition, the community boasts a vibrant calendar of clubs and year-round social events designed to keep residents engaged and connected. The building is ideally located within walking distance to the LRT, scenic walking paths, parks, shopping, and dining, everything you need is right at your doorstep. Please Note: Cats are permitted on upper levels; small dogs are allowed on the main floor only. Don’t miss your chance to own this move-in-ready unit in one of the best 55+ communities in the area. Book your private showing today! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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701 817 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2220691
701 817 15 Avenue SW Calgary T2R 0H8
$350,000Residential- Status:
- Active
- MLS® Num:
- A2220691
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 621 sq. ft.
Welcome to the Montana - This beautiful 1 bed, 1 bath unit offers exceptional inner city living. Conveniently located in the heart of the Beltline. Walking distance to 17th ave, along with several other shops, restaurants & pubs just steps from the lobby entrance. This East facing unit offers stunning views of Calgarys beautiful skyline. The quadruple pain windows and patio door create a very quiet atmosphere within the residence. As you enter the unit you are welcomed by 9' ceilings, a large entry way, stacked laundry closet and generous sized living room filled with natural sunlight. The kitchen features beautiful cork floors, stainless steal appliances, granite counter tops, and wood cabinetry - including a large pantry. The bedroom is spacious and located right next to the functional 4 piece bathroom. This unit is a must see. The Montana Building has a great reputation for being well managed and sought after for its location and classy design. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1208 624 8 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2200734
1208 624 8 Avenue SE Calgary T2G 1S7
$350,000Residential- Status:
- Active
- MLS® Num:
- A2200734
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 540 sq. ft.
Massive Price Reduction*Immediate Possession Available-Just in time for Stampede* Enjoy the beautiful down town views from this wonderful 12th floor corner unit apartment. This 2 bed 1 bath condo is perfect for downtown living or for investors looking for short/long term rental options. With shopping, transit, and great restaurants near by it has something to suit every lifestyle. The unit has a modern/industrial aesthetic with exposed cement ceiling, ducting, and a polished cement floor. In the kitchen you'll find beautiful quartz countertops and full sized appliances. Floor to ceiling windows provide great natural light and stunning views of downtown and the Stampede grounds. The 2 bedrooms make this a great option for investors or the second bedroom would be the perfect home office for those who work or study from home. The INK building also has many great community spaces for you to enjoy. The roof top level has a recreational area with a ping pong table and additional seating. There is also access to a roof top patio with fire place, seating, and more exceptional city views. Other amenities in the pet friendly building include bike storage, bike/pet wash, and titled underground parking. If you enjoy fresh air and being active the community of East Village also has many great features right at your door step. These include walking/bike paths along the bow, community gardens, dog parks, and much more to explore. Don't miss out on this great opportunity to live the downtown life you've always wanted. More detailsListed by REMAX ACA Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated June 15, 2025 at 02:05 AM (UTC)
Featured Listing
220048 RR 212
$564,900
MLS®#: A2224407
Bedrooms: 4
Bathrooms: 2.0
Floor Area: 1,328.2 sq. ft.
CIR Realty