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 GLAMORGAN CALGARY
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47 & 49 Galbraith Drive SW in Calgary: Glamorgan Full Duplex for sale : MLS®# A2227556
47 & 49 Galbraith Drive SW Calgary T3E 4Z5 
$1,050,000Residential- Status:
- Active
- MLS® Num:
- A2227556
- Bedrooms:
- 7
- Bathrooms:
- 4
- Floor Area:
- 1,780 sq. ft.
Rare Full Duplex Investment Opportunity in Glamorgan - in the established and centrally located community of Glamorgan. This unique property offers a total of 7 bedrooms, 1 den, and 4 full bathrooms, with illegal suites on both sides, providing excellent income potential. With a spacious open floor plan on each level, this duplex is designed for comfortable multi-family living or rental flexibility. The property has been well maintained and thoughtfully updated over the years, making it a turnkey investment. Newer Furnace, Hot Water Tank and Renovated. Currently fully rented, it boasts a strong cap rate, making it ideal for savvy investors looking for immediate cash flow. Located just steps from Galbraith Park and offering easy access to Glenmore Trail, Stoney Trail & MRU . Whether you're expanding your investment portfolio or looking for a multi-generational living setup, this is a rare opportunity you won’t want to miss More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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120 Glacier Drive SW in Calgary: Glamorgan Detached for sale : MLS®# A2198787
120 Glacier Drive SW Calgary T3E 5A1
$714,900Residential- Status:
- Active
- MLS® Num:
- A2198787
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 994 sq. ft.
Welcome to this beautifully maintained and upgraded bungalow, located in the highly sought-after inner-city community of Glamorgan. With an inviting, open-concept design, this home offers the perfect blend of modern updates and timeless charm. Upon entry, you're greeted by a spacious living room, dining room, and a large island that seamlessly flows into the kitchen—ideal for entertaining! The updated kitchen features sleek white and grey cabinetry, a large butcher-block style island, and a bright bay window that bathes the space in natural light. The main floor also includes a generously sized primary bedroom, complete with two closets, a cozy sitting area, and access to a front deck—perfect for morning coffee or evening relaxation. This area is currently being used as an office but pictures portray both set ups. A second bedroom, also being used as an office, and a beautifully updated 3-piece bath with a glass shower complete this level. Vinyl plank flooring runs throughout the main floor, with carpet in the bedrooms. (Original hardwood is underneath the living and dining room areas for those who may want to restore the classic look.) The fully finished lower level provides versatile living space with half dedicated to the owner's suite. It includes a large bedroom area with a cozy wood-burning fireplace, a spacious "Men's Dudoir," and an expansive walk-in closet/dressing room for her. This space can easily be converted back to a rec room and additional bedroom or den. A 3-piece bath and a gym or extra bedroom further enhance the functionality of this level. Key upgrades include a new furnace with air purification and AC installed in 2021, and a hot water tank replaced approximately 6 years ago. Step outside to enjoy a private, west-facing backyard with a large deck, a fully enclosed 3-season sunroom with electric heat (furniture included), and a new hot tub located on a stone patio. The covered BBQ area, large patio table, and chairs are all included in this amazing outdoor space. The oversized single garage with new door and door opener is heated and offers ample storage. Located on a quiet street within walking distance to Mount Royal University, Glamorgan TLC School, and St. Andrews School, this home is also close to Westhills Shopping Centre, Grey Eagle Events Centre, restaurants, and entertainment. With easy access to downtown and major roadways, this location offers the best of inner-city living. Don't miss your chance to see this gem—book your showing today! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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4711 43 Street SW in Calgary: Glamorgan Detached for sale : MLS®# A2215206
4711 43 Street SW Calgary T3E 3P9
$700,000Residential- Status:
- Active
- MLS® Num:
- A2215206
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 959 sq. ft.
Attention Builders and Developers - Prime development opportunity in the sought-after community of Glamorgan. This R-CG zoned corner lot offers incredible potential, sitting on a spacious 5,283 sq ft parcel — perfect for your next project. The existing 3-bedroom, 2-bath home has been lovingly cared for by the same family for over 30 years, offering a solid foundation for rental income while you plan your development. Additional features include a double detached garage and a long driveway that easily accommodates multiple vehicles or even an RV. The property boasts a large fenced green space alongside the front yard, providing an abundance of outdoor area. Located just steps to public transit, and is close to Mount Royal University, schools, parks, playgrounds, grocery stores, restaurants, and coffee shops, and more — this location offers unbeatable convenience for future residents. Don't miss this opportunity to secure a prime piece of land in one of Calgary’s established and thriving communities. More detailsListed by Coldwell Banker Mountain Central- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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173 Gordon Drive SW in Calgary: Glamorgan Detached for sale : MLS®# A2228410
173 Gordon Drive SW Calgary T3E 5B1
$655,000Residential- Status:
- Active
- MLS® Num:
- A2228410
- Bedrooms:
- 6
- Bathrooms:
- 2
- Floor Area:
- 1,008 sq. ft.
ATTENTION INVESTORS! Turn-key 6 bed/2 bath bungalow on a 52 × 100 ft lot, only minutes to Mount Royal University. Updates include kitchen & full electrical w/ new panel (2010), shingles (2014), plus luxury vinyl plank flooring, full interior paint and 2 windows (2024). Separate rear entrance makes a future legal basement suite straightforward. Currently rented by the room with projected gross rents of ˜$4,960 / mo at full capacity. Sunny, usable yard offers excellent outdoor space today and R-CG land-use gives long-term redevelopment potential. Walk to campus, transit, grocery, cafés and major routes. Solid cash-flow now—future upside later. Book your showing! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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76 Gordon Drive SW in Calgary: Glamorgan Detached for sale : MLS®# A2224921
76 Gordon Drive SW Calgary T3E 5A8
$650,000Residential- Status:
- Active
- MLS® Num:
- A2224921
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,007 sq. ft.
Charming Bungalow in Prime Glamorgan Location Welcome to this well-maintained 4-bedroom home situated on a spacious lot in the heart of Glamorgan—one of Calgary’s most sought-after family neighbourhoods. From its oversized garage with 220v in the garage to its fully renovated bathroom, this property blends comfort, function, and convenience. I remember being on this street as a kid, and it’s even more beautiful as the years went on. Inside, you’ll find a bright and inviting layout featuring a spacious living area, a fully updated bathroom with modern finishes, and a lower level wet bar—perfect for entertaining. The three bedrooms offer ample space for family, guests, or a home office setup. Step outside to enjoy the large backyard, ideal for kids, pets, or future garden plans. The oversized garage provides plenty of storage and workspace for all your hobbies and gear. Located on a quiet street, this home offers excellent access to major routes including Stoney Trail, is within walking distance to shopping, public transit, parks, and is just minutes from Mount Royal University. Whether you’re a first-time buyer, renovator or investor—this is one 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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4107 46 Avenue SW in Calgary: Glamorgan Detached for sale : MLS®# A2210077
4107 46 Avenue SW Calgary T3E 1N5
$545,000Residential- Status:
- Active
- MLS® Num:
- A2210077
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 999 sq. ft.
**THIS IS A FORECLOSURE** and great development opportunity. The property has had recent fire damage + no access is allowed into the house. It is possible to walk the property but please book a showing to do so. Great development potential in this Glamorgan neighbourhoood and offering excellent location. This property has not been listed for many years + offers a 50 X 100 foot lot with a South facing backyard. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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