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.
Luxury Homes for Sale in East Calgary
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2718 9 Avenue SE in Calgary: Albert Park/Radisson Heights Detached for sale : MLS®# A2220697
2718 9 Avenue SE Calgary T2Y 3Y3 
$2,300,000Residential- Status:
- Active
- MLS® Num:
- A2220697
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 704 sq. ft.
Investor & Developer Alert: Prime Inner-City Land Assembly with Submitted Development Permit! (2718, 2714, 2712 9 Avenue SE, Calgary – Albert Park/Radisson Heights) This property must be sold together with the adjoining lots 2712 & 2714 9Ave SE. This is rare opportunity to acquire a fully assembled 3-lot parcel in one of Calgary’s most promising inner-city redevelopment zones. This site of 3 lots comes with a submitted Development Permit for a 12-unit townhome project, each designed with a legal basement suite — for a total of 24 income-generating units. DP plans and renderings available upon request. Just 400 meters from Franklin LRT Station, this location offers unmatched convenience with: 8 minutes to downtown, 5 minutes to Marlborough and Sunridge Malls, 15 minutes to Calgary International Airport. The property backs directly onto open green space, giving all future units unobstructed downtown and mountain views — a rare amenity for inner-city living. The area is surrounded by key employment hubs, including engineering and industrial employers such as Wood, Emerson, and Spartan Controls, driving strong and stable rental demand. 2718 is currently rented for $1,700/month, 2714 for $1,550/month and 2712 will renew the lease son for $2,900/month for both upper and lower units. Whether you're a seasoned developer or savvy investor, this shovel-ready, high-upside opportunity in a rapidly revitalizing community is not to be missed. Contact us today for the full development package and take the first step toward securing a lucrative multi-family asset in Calgary’s evolving urban core. More detailsListed by TrustPro Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1312 24 Street SE in Calgary: Albert Park/Radisson Heights Detached for sale : MLS®# A2225710
1312 24 Street SE Calgary T2A 0W9
$950,000Residential- Status:
- Active
- MLS® Num:
- A2225710
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,551 sq. ft.
HUGE PRICE REDUCTION!! Perched on the ridge in Albert Park, 1312 24 St SE offers BREATHTAKING CITY VIEWS and immaculate upkeep. Enjoy front-row seats to stunning sunsets and city lights, right from your living room. Enter through a gated, low-maintenance yard with a charming path leading to the front porch, with stone facade across the exterior. Spend your time enjoying the front perennial garden or refreshing the rock garden and water feature -- no lawnmower needed. The durable tile roof still has plenty of life left, offering peace of mind against hail and costly repairs. Inside the 3100 sq of developed space, a grand entryway with a 12’ domed ceiling leads to a spacious living room with 9’ ceilings and panoramic skyline, park, river and mountain views. Relax with the included 84” 8K TV and KEF sound system, all kept comfortable by central AC. The kitchen features tall solid oak cabinets, thick granite countertops, and stainless steel appliances, ready for your personal touch. Enjoy meals beside the bay window, watching the sunset, then step onto your front patio for an evening drink. The master suite fits a full king set and includes a luxurious ensuite with floor-to-ceiling Italian tile, a sit-in bath, and mural tile accents. The second bedroom features a walkthrough ensuite with Italian tile, a soaker tub, and laundry hookups. Downstairs, you’ll find a massive living area perfect for a pool table or media setup, with tile flooring throughout. Two more bedrooms, a full bath, a workshop, and cold storage complete the space. The mechanical room features a new high-efficiency furnace, on-demand water system, and water softener. In the zero-maintenance backyard: a cool cedar shed, a 20x10’ storage shed, and a secure gated garage. Most furnishings and items are negotiable with the sale. You’ll love the easy access to Deerfoot, Memorial, and Blackfoot Trail, making commuting or getting around the city a breeze. Nearby shopping, bike trails, and parks add even more convenience and lifestyle appeal to this beautiful home. Lastly, the basement could be converted into a suite for steady AirBnB income, either with an entrance under the front patio or split entrance at the foyer. Book your showing today with your favorite realtor! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1225 25 Street SE in Calgary: Albert Park/Radisson Heights Detached for sale : MLS®# A2227526
1225 25 Street SE Calgary T2A 0X1
$1,100,000Residential- Status:
- Active
- MLS® Num:
- A2227526
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,419 sq. ft.
Investor/Builder Opportunity 62x120 Corner Lot With an Approved Development Plan (DP) for a 5 plex with 5 Legal Suites. The approved building permit would allow for 1380-1390 sq/ft with 2 bedrooms and 2-1/2 bathrooms on the upper floors with a legal basement suite with 1 bedroom having approximately 680sq/ft. The home on the property currently has 2 bedrooms up, with a living and dining room, a spacious kitchen and bathroom, Can be rented with some work required in the meantime before getting your Building Permit! Mostly land value and house is sold as is. Contact for more information! More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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