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 KILLARNEY/GLENGARRY CALGARY
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2601 27 Street SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2227757
2601 27 Street SW Calgary T3E 2G4 
$1,099,000Residential- Status:
- Active
- MLS® Num:
- A2227757
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 843 sq. ft.
Prime Development Opportunity in Killarney! Discover the perfect investment opportunity with this charming 3-bedroom, 1-bathroom home situated on a large 50' x 125 CORNER lot in the sought-after neighborhood of Killarney. Located on a quiet street, this spacious lot is an ideal choice for developers and investors. With R-CG zoning this property offers a fantastic opportunity for a multi-family development. Enjoy the convenience of being just minutes from downtown, with easy access to transit, schools, parks, and local amenities. Whether you're looking to build or hold, this property offers endless potential in a high-demand area. Don’t miss out on this rare opportunity—contact us today to book a viewing! More detailsListed by Keller Williams BOLD Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3243 Kenmare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2225411
3243 Kenmare Crescent SW Calgary T3E 4R4
$899,000Residential- Status:
- Active
- MLS® Num:
- A2225411
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,016 sq. ft.
Attention Builders & Developers! This is an amazing opportunity to secure a prime redevelopment property in the highly sought-after community of Killarney. Located on a rare cul-de-sac, this expansive 50' x 120' lot offers endless possibilities for new construction. With a desirable south-facing backyard, the property provides the perfect setting for a sun-filled home or multi-unit development. Surrounded by tree-lined streets and close to parks, schools, shopping, and transit, this location is ideal for future homeowners seeking both convenience and charm. This property is being sold for land value—don’t miss your chance to capitalize on this exceptional investment opportunity! More detailsListed by MaxWell Capital Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3419 Kerry Park Road SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2214819
3419 Kerry Park Road SW Calgary T3E 4S5
$800,000Residential- Status:
- Active
- MLS® Num:
- A2214819
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 996 sq. ft.
ATTENTION BUILDERS & INVESTORS!! Welcome to this charming bungalow sitting on a 50 x 120 lot on a lovely street with INFILLS and LUXURY homes offering an unbeatable Killarney location facing a small green space. With a practical layout encompassing 995 sq ft, the main level offers HARDWOOD THROUGHOUT. A living/dining area with a large picture window and patio door allowing an abundance of NATURAL LIGHT. Enjoy peaceful views of the EXPANSIVE backyard from the kitchen window. The main floor features two LARGE bedrooms and a 4-piece bathroom. The lower level OFFERS a large rec room with patio doors, BIG 4th bedroom, 2 pc bathroom with room to add a shower and partially finished kitchen area with an entrance. The WEST FACING backyard is great for relaxing or gardening. Double detached garage. Great property to rent out and plan for future developments. LOCATION IS KEY, and this property does not disappoint. Close to elementary schools (Catholic & regular), high school, Mt Royal University, shopping, quick access to Stoney. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3115 Kilkenny Road SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2228858
3115 Kilkenny Road SW Calgary T3E 4R5
$799,900Residential- Status:
- Active
- MLS® Num:
- A2228858
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,052 sq. ft.
This original bungalow home on a 50' x 120' lot is on a well located and quite desirable side street in Killarney. It has a unique feel that must be seen. This well enjoyed and loved property is ready for new ownership be it for living, investment, renovation or even redevelopment. An ever gentrifying community, Killarney offers some of the best parts of inner city living in its own unique way. Come and see for yourself today. More detailsListed by Coldwell Banker Home Smart Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2612 26A Street SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2228102
2612 26A Street SW Calgary T3E 2C7
$625,000Residential- Status:
- Active
- MLS® Num:
- A2228102
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 813 sq. ft.
OPEN HOUSE Sat June 7 2:00-4:00 LOCATION, LOCATION, LOCATION. Here’s your rare chance to own a piece of one of the most beloved streets in Killarney—an inner-city gem where character meets modern comfort. This charming, well-maintained home is a true standout, effortlessly blending its original architectural details with tasteful contemporary updates. From the moment you step inside, you’ll feel the warmth and history that make this property so special. The main floor showcases timeless details alongside modern touches. The beautifully updated kitchen is both stylish and functional. The bathroom has been upgraded, and newer windows brighten the cozy bedrooms, bringing in soft, natural light.Need more space? Head downstairs to the fully finished basement complete with a generous family room, a full 3-piece bathroom, and an additional den—ideal for a teen retreat, or a home office.Step out back and you’ll discover your private oasis: a deck overlooking a beautifully treed backyard. It’s the perfect spot for lazy summer evenings, weekend BBQs, or morning coffee surrounded by nature.But there’s more... this street is one of Killarney’s most sought-after for a reason. Lined with mature trees and sprinkled with stunning new infill homes, the location offers strong redevelopment potential for the future—or simply move in and enjoy everything this incredible home already has to offer. Whether you're a first-time buyer looking for character and comfort, an investor eyeing a prime redevelopment opportunity, or simply someone dreaming of a home that tells a story—this is the one. Don't just find a home—discover one worth loving. More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2025 26A Street SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2223655
2025 26A Street SW Calgary T3E 2B9
$590,000Residential- Status:
- Active
- MLS® Num:
- A2223655
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 800 sq. ft.
Solidly built dollhouse in the heart of Killarney secluded behind a hedge with three big cedar trees for added privacy. 9' ceiling throughout the upper level. Back yard has a firepit, shed and a private deck facing west for great sun! Quiet neighbourhood just two blocks from 17th Avenue South. Just a short walk to Killarney Aquatic & Recreation Centre, Alexander Ferguson School, Killarney Off leash Park, churches, Shagannappi Golf Course, local pub, and Bow River Cycle path. Five min drive to Westbrook Mall, Walmart Super Centre and Safeway. Great location in the heart of Killarney. Solid bungalow secluded behind a hedge and cedar trees for added privacy. More detailsListed by ComFree- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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