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.

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1701 510 6 Avenue SE
Downtown East Village Calgary T2G 1L7

$399,999
Residential beds: 1 baths: 1.0 713 sq. ft. built: 2016

Main Photo: 1701 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2225307
Photo 1: 1701 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2225307
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2225307
Bedrooms:
1
Bathrooms:
1
Year Built:
2016
Experience sophisticated urban living in this stunning west-facing unit in the heart of East Village. Floor-to-ceiling windows flood the space with natural light and offer picturesque views of downtown and the Bow River. The gourmet kitchen is designed to impress with high-gloss white cabinetry, granite countertops, stainless steel appliances, a 4-burner gas stove with griddle, and a large breakfast bar. The open-concept layout features a spacious living and dining area—perfect for entertaining—as well as a dedicated office nook ideal for working from home. The primary bedroom enjoys the same breathtaking views and includes a large walk-in closet. The 4-piece bathroom showcases elegant finishes, including granite counters and modern cabinetry. Wide plank natural flooring runs throughout the main living and bedroom areas, creating a seamless, stylish aesthetic. Enjoy outdoor living on the oversized balcony with ample space for seating and dining. Building amenities include concierge service, a rooftop patio with BBQ and fire pit, party/lounge room with kitchen, a full fitness facility, sauna, and steam room. Located steps from the river pathways, Central Library, Superstore, National Music Centre, City Transit, and boutique shops—everything you need is within easy reach. Don’t miss this opportunity to live in one of Calgary’s most vibrant downtown communities!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
713 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$643.40
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Security, Sewer, Trash, Water
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Floor Location:
Other
Entry Level:
1
Stories Total:
17
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2016 (Age: 9)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1512254
Heating:
Fan Coil, Electric
New Constr.:
No
Construction Material:
Brick, Concrete, Metal Frame
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Laminate, Tile
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Garage Spaces:
1
Parking:
Assigned, Parkade, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Evolution
Downtown East Village
Bicycle Storage, Elevator(s), Fitness Center, Parking, Party Room, Roof Deck, Sauna, Visitor Parking
Dishwasher, Gas Range, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked
None
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living/Dining Room Combination
23'3" × 13'8"
Main Floor
Kitchen
9'8" × 8'1"
Main Floor
Entrance
5'4" × 5'
Main Floor
Storage
4' × 3'2"
Main Floor
Laundry
3'2" × 3'
Main Floor
Den
5'7" × 4'6"
Main Floor
Bedroom
11'4" × 9'5"
Main Floor
Walk-In Closet
5'10" × 4'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 9'5"
Title to Land:
Fee Simple
Community Features:
Other
Interior Features:
Granite Counters, Open Floorplan, See Remarks
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CC-EMU
Listed Date:
May 28, 2025
Days on Mkt:
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Listed by RE/MAX House of Real Estate
Data was last updated June 19, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$358,888
Min list price:
$199,900
Max list price:
$1,250,000
Avg days on market:
34
Min days on market:
1
Max days on market:
160
Avg price per sq.ft.:
$533.7
These statistics are generated based on the current listing's property type and located in Downtown East Village. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA