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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NEXT Open House details
Jun 21, 2025 12:00 PM - 02:00 PM MDT

72 Edforth Crescent NW
Edgemont Calgary T3A 3X4

$1,030,000
Residential beds: 5 baths: 3.0 2,061 sq. ft. built: 1983

Main Photo: 72 Edforth Crescent NW in Calgary: Edgemont Detached for sale : MLS®# A2232089
Photo 1: 72 Edforth Crescent NW in Calgary: Edgemont Detached for sale : MLS®# A2232089
Photo 2: 72 Edforth Crescent NW in Calgary: Edgemont Detached for sale : MLS®# A2232089
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Open House - Jun 21, 2025
12:00 PM - 02:00 PM MDT
NOTES: Open House on Saturday, June 21, 2025 12:00PM - 2:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2232089
Bedrooms:
5
Bathrooms:
3
Year Built:
1983
*OPEN HOUSE, SATURDAY JUNE 21, 12 - 2PM* RARE FIND in Edgemont – Meticulously Renovated Luxury Home on a Private Corner Lot! Welcome to 72 Edforth Crescent NW, a stunning and fully renovated 4-level split by Ocean Home Calgary, ideally located on a private corner lot in the highly sought-after community of Edgemont. This rare gem offers 5 spacious bedrooms, 3 full bathrooms, and nearly 2,500 sq ft of beautifully finished living space. The home features brand new hardwood flooring throughout and an impressive, vaulted ceiling that enhances the bright, open-concept main floor. The show-stopping kitchen is a chef’s dream, complete with quartz countertops, custom cabinetry, stainless steel appliances, and a luxury pot filler - an upscale touch rarely found in homes at this price point. Upstairs, you’ll find three generous bedrooms and two fully updated bathrooms, including a luxurious primary suite with a double vanity, quartz counters, designer tilework, and sleek modern fixtures. Every bathroom has been redone with high-end finishes, new faucets, tile, and mirrors. The lower level is an entertainer’s dream, featuring a custom fireplace wall, built-in bar, and an inviting family room for cozy nights or lively get-togethers. The oversized garage has a brand-new door with the highest R-value, and offers ample space for vehicles, tools, and extra storage. Outside, the large backyard has been professionally landscaped with a new stone patio area, perfect for relaxing or hosting guests. A standout feature of this property is the unique rubber roof - highly durable, energy-efficient, and built to last up to 50 years, offering peace of mind for decades to come. Additional highlights include new lighting, custom finishes, and quality craftsmanship throughout. This home combines timeless elegance, luxury features, and modern convenience in one of Calgary’s most desirable neighborhoods - don’t miss your chance to own this truly exceptional property.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
4 Level Split
Total Living Area:
2,060.55 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,049 sq. ft.
Lot Frontage:
49'2"
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:
Levels:
4 Level Split
Total Rooms Above Grade:
6
Year built:
1983 (Age: 42)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
8311477
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Other
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Oversized
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Edgemont
Bar Fridge, Dishwasher, Dryer, Garage Control(s), Gas Stove, Microwave, Range Hood, Washer, Water Softener
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
10'7" × 8'11"
Main Floor
Bedroom
10'7" × 8'3"
Main Floor
Dining Room
13' × 10'11"
Main Floor
Kitchen
13'1" × 12'11"
Main Floor
Living Room
23'10" × 13'6"
Main Floor
Bedroom - Primary
13'2" × 12'10"
Lower Level
Bedroom
12' × 11'4"
Lower Level
Great Room
20'9" × 17'9"
Basement
Bedroom
13'1" × 11'6"
Basement
Furnace/Utility Room
15'3" × 13'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'1"
Main Floor
Yes
5
4'11" x 10'6"
Lower Level
No
3
4'2" x 11'3"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, See Remarks, Storage, Vaulted Ceiling(s), Vinyl Windows
Exterior Features:
Private Yard
Patio And Porch Features:
Rear Porch
Lot Features:
Back Yard, Corner Lot, See Remarks, Street Lighting, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Jun 19, 2025
Days on Mkt:
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Virtual Tour

Listed by Real Broker
Data was last updated June 21, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$799,399
Min list price:
$249,000
Max list price:
$1,777,000
Avg days on market:
16
Min days on market:
1
Max days on market:
161
Avg price per sq.ft.:
$406.97
These statistics are generated based on the current listing's property type and located in Edgemont. 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