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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7206 1802 Mahogany Boulevard SE
Mahogany Calgary T3M 0T2

$499,900
Residential beds: 2 baths: 2.0 974 sq. ft. built: 2025

Main Photo: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 1: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 2: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 3: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 4: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 5: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 6: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 7: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 8: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 9: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 10: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 11: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 12: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 13: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 14: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Photo 15: 7206 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2216099
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2216099
Bedrooms:
2
Bathrooms:
2
Year Built:
2025
Logel Homes proudly presents the Atwood 3 in Mahogany, one of Calgary’s most desirable lake communities. This spacious two-bedroom, two-bathroom condo offers professionally designed interiors, complete with air conditioning, 41" upper cabinets with soft-close hardware, luxury vinyl plank flooring, designer tile, stainless steel appliances, pot lighting, and an oversized patio door. This home includes titled parking, a private storage locker, and comes standard with Logel Homes’ Energy Return Ventilation system and industry-leading sound attenuation technology. The Atwood 3 is covered by the Alberta New Home Warranty Program for added peace of mind. Residents of Mahogany enjoy a unique lifestyle surrounded by nature, with access to Calgary’s largest man-made lake, extensive walking and biking trails, and a variety of nearby amenities including coffee shops, grocery stores, and restaurants—all within walking distance. Homeowners also have access to the community clubhouse and beaches through the HOA.
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:
974 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$625.00
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
HOA Fee Frequency:
Annually
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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Floor Location:
Other
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2025 (Age: 0)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
TBD
Heating:
Hot Water
Basement:
None
Foundation:
Poured Concrete
Builder:
Logel Homes Ltd
New Constr.:
Yes
Construction Material:
Concrete, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Vinyl Plank
Cooling:
Wall/Window Unit(s)
Fireplaces:
0
Garage:
0
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
HOA Fee:
$425.00
Condo Fee Frequency:
Monthly
Z-name Not Listed
Mahogany
Clubhouse, Picnic Area, Playground, Recreation Facilities
Electric Stove, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Microwave
N/A
Pet Restrictions or Board approval Required, Pets Allowed
Restrictions, Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Entrance
Measurements not available
Main Floor
Kitchen With Eating Area
13'11" × 8'10"
Main Floor
Dining Room
10'10" × 6'7"
Main Floor
Living Room
14'4" × 10'7"
Main Floor
Bedroom - Primary
11'5" × 10'10"
Main Floor
Bedroom
9'11" × 9'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
0' x 0'
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Lake
Interior Features:
Kitchen Island, No Animal Home, No Smoking Home, Quartz Counters, Walk-In Closet(s)
Exterior Features:
Balcony, Playground
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
MC-1
Listed Date:
Apr 30, 2025
Days on Mkt:
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Listed by RE/MAX Real Estate (Mountain View)
Data was last updated June 20, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$664,900
Min list price:
$264,500
Max list price:
$3,550,000
Avg days on market:
34
Min days on market:
1
Max days on market:
594
Avg price per sq.ft.:
$441.75
These statistics are generated based on the current listing's property type and located in Mahogany. 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