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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157 Lake Sylvan Close SE
Bonavista Downs Calgary T2J 3E5

$1,080,000
Residential beds: 6 baths: 5.0 2,065 sq. ft. built: 2025

Main Photo: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 1: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 2: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 3: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 4: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 5: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 6: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 7: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 8: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 9: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 10: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 11: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 12: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 13: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 14: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 15: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 16: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 17: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Photo 18: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2211076
Bedrooms:
6
Bathrooms:
5
Year Built:
2025
Click brochure link for more details. This duplex is currently under construction and getting build by the experienced owner. Discover this STUNNING and LUXURIOUS semi-detached infill in the sought-after Bonavista community, offering an incredible mortgage helper with a LEGAL SUITE basement! Live in the expansive 2,064 SQ FT upper level, featuring 3 BEDROOMS and 2.5 BATHROOMS, while renting out the PRIVATE 3 BEDROOM, 1260 SQ FT LEGAL basement full legal suite. The basement comes with 4" thick rigid insulation under the concrete slab together with the INFLOOR HEATING SYSTEM. Bonavista is an ideal neighbourhood for both young professionals and families, conveniently located near shopping, amenities, restaurants, public transit, and excellent schools and parks. The Bonavista community is one of the QUIETEST and SAFEST community in Calgary. This home is set on a spacious 125 ft deep lot and boasts an open-concept design, high ceilings (10 ft on the main level and 9 ft upstairs), stunning lighting and plumbing fixtures, European windows, and an abundance of natural light. The backyard has 40 ft long space and completed with a concrete patio. The back alley is double lined and paved. Upon entry, you’ll be welcomed by a spacious foyer and front closet with built-in shelving and hanging racks. The kitchen is a chef’s dream with a beautiful farmhouse hood fan, ceiling-height cabinetry, QUARTZ backsplash, a MASSIVE island with gorgeous quartz countertops and ample seating, and stainless-steel appliances, including a cooler. The living room is flooded with natural light through large windows and features a GAS fireplace with elegant tile for cozy gatherings. There is plenty of built-in cabinetry and shelving, offering ample storage space throughout. The upper level is home to the primary bedroom, complete with a feature wall, walk-in closet with built-in shelving and hanging racks, and a luxurious ensuite bathroom with heated floors, a freestanding soaker tub, and a fully tiled shower with glass doors. This floor also includes the laundry room, two additional generously-sized bedrooms, and a 5-piece bathroom. The legal basement suite has its own private separate entrance—accessible from the side of the house and the kitchen on the main level. The legal suite features a primary and 2 spacious bedrooms, 2 - 4-piece bathrooms, linen closet, and additional storage under the stairs. The kitchen includes ceiling-height cabinets, quartz countertops, a built-in pantry, dual undermount sink, fridge, electric range, and dishwasher. The legal suite also offers a large living/dining area and in-suite laundry.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
2 Storey, Attached-Side by Side
Total Living Area:
2,064.92 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,134 sq. ft.
Lot Frontage:
25'2"
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:
Entry Level:
0
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
7
Year built:
2025 (Age: 0)
Bedrooms:
6 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
642LK
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Brick, Other
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Upper Level
Bonavista Downs
See Remarks
Call seller directly.
Phone Listing Broker
Floor
Type
Size
Other
Main Floor
Living Room
19'6" × 11'10"
Main Floor
Office
7'9" × 7'2"
Main Floor
Kitchen
16'6" × 11'
Main Floor
Dining Room
14'2" × 11'
Upper Level
Bedroom - Primary
15' × 11'9"
Upper Level
Laundry
Measurements not available
Upper Level
Bedroom
12'2" × 9'10"
Upper Level
Bedroom
12'2" × 11'9"
Basement
Bedroom
10'6" × 9'4"
Basement
Bedroom
10'5" × 9'6"
Basement
Living Room
19'2" × 12'10"
Basement
Bedroom
12'3" × 9'7"
Basement
Kitchen
8'5" × 5'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
5
0' x 0'
Upper Level
No
4
0' x 0'
Basement
No
4
0' x 0'
Basement
Yes
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Built-in Features, Double Vanity, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Pantry, Quartz Counters, Separate Entrance, Soaking Tub, Storage
Exterior Features:
None
Patio And Porch Features:
Patio
Lot Features:
Back Lane
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone S
Zoning:
TBD
Listed Date:
Apr 25, 2025
Days on Mkt:
  • Photo 1: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
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Listed by Honestdoor Inc.
Data was last updated June 10, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
6,907
Avg list price:
$585,000
Min list price:
$100,000
Max list price:
$13,500,000
Avg days on market:
30
Min days on market:
1
Max days on market:
683
Avg price per sq.ft.:
$423.16
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706