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.

ALTADORE HOMES & CONDOS FOR SALE FROM $475,000 to $575,000

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  • 7 1729 34 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2227668

    7 1729 34 Avenue SW Altadore Calgary T2T 2B7
    Main Photo: 7 1729 34 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2227668
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2227668
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,376 sq. ft.
    Welcome to this beautifully maintained three-storey end-unit townhouse, ideally situated in the heart of Altadore—one of Calgary’s most vibrant and sought-after inner-city communities. Offering the perfect balance of modern living and urban convenience, this stylish home is just steps away from the lively Marda Loop district, where you’ll find a wide array of trendy shops, local boutiques, and everyday amenities. With easy access to public transportation and a quick commute to downtown, this is the perfect location for professionals, young families, or anyone looking to enjoy the best of inner-city living. This spacious and thoughtfully designed townhouse features 3 bedrooms, 2.5 bathrooms, and an attached private tandem garage that provides both convenience and added storage. Recently refreshed with new paint throughout and plush new carpeting, the home offers a bright and welcoming feel the moment you step inside. The main level boasts an open-concept living space highlighted by a cozy corner gas fireplace, perfect for relaxing or entertaining. The adjoining gourmet kitchen showcases granite countertops, sleek stainless steel appliances, ample cabinetry, and a convenient breakfast bar for casual dining. Upstairs, you’ll find two generously sized bedrooms, a well-appointed 4-piece main bathroom, and a convenient laundry area. The third level is dedicated to a primary retreat, complete with soaring vaulted ceilings, large windows that flood the space with natural light, and a spacious walk-in closet. The spa-inspired 5-piece ensuite has been tastefully updated with dual vanities, a luxurious soaker tub, and a separate shower, creating a serene sanctuary to unwind in. The lower level offers practical touches including a mudroom, a well maintained mechanical room, and direct access to the attached tandem garage. Whether you're commuting downtown, heading to a nearby park, or meeting friends for brunch in Marda Loop, this home puts you in the center of it all. With its unbeatable location, modern updates, and smart layout, this townhouse presents an exceptional opportunity to own in one of Calgary’s most dynamic and walkable neighborhoods. More details
    Listed by Greater Property Group
  • 8 2040 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2230869

    8 2040 35 Avenue SW Altadore Calgary T2T 2E1
    Main Photo: 8 2040 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2230869
    $474,900
    Residential
    Status:
    Active
    MLS® Num:
    A2230869
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,104 sq. ft.
    Located in the heart of ALTADORE and just a short walk to the shops and dining of MARDA LOOP, this 3-STOREY TOWNHOME with ATTACHED GARAGE offers thoughtful design and low-maintenance living with every level above grade. Inside, a welcoming PRIVATE FOYER includes built-in cabinetry for everyday functionality, while a spacious front patio connects you to the landscaped COURTYARD beyond. The main floor living room features a GAS FIREPLACE, large WEST-FACING WINDOW, and open sightlines into the kitchen and dining areas, blending comfort with convenience. The KITCHEN is equipped with STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, a corner PANTRY, and a central PENINSULA for casual seating or entertaining. A full-sized DINING AREA easily fits a large table and makes great use of the open-concept plan. Upstairs, two generously sized BEDROOMS each offer their own 4-PIECE ENSUITE—ideal for roommates, guests, or small families—while a FLEX ROOM with upper cabinetry creates space for a home office, library, or exercise nook. Throughout the home you’ll find easy-care LAMINATE and TILE FLOORING with NO CARPET, and efficient IN-FLOOR HEATING on all levels, including the garage. The SINGLE ATTACHED GARAGE is insulated, drywalled, and features extra-high ceilings with built-in shelving for seasonal storage. Additional upgrades include a NEW HOT WATER TANK in 2024. The exterior is finished in modern STUCCO, with raised planters and private entrances for each unit. This pet-friendly complex ALLOWS PETS WITH BOARD APPROVAL and offers an unbeatable lifestyle near River Park, Sandy Beach, transit, and highly rated schools including Altadore School and Central Memorial High. A smart choice for professionals, couples, or investors seeking location, functionality, and comfort in one of Calgary’s most desirable communities. More details
    Listed by eXp Realty
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Data was last updated June 15, 2025 at 10:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706