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.

KILLARNEY HOMES & CONDOS FOR SALE FROM $675,000 to $775,000 IN SW CALGARY

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  • 2716 21 Avenue SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2223139

    2716 21 Avenue SW Killarney/Glengarry Calgary T3E 0H4
    Main Photo: 2716 21 Avenue SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2223139
    $764,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223139
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,759 sq. ft.
    Welcome to this completely REBUILT & RENOVATED gem in the heart of family friendly Killarney! Featuring 3 separate suites (1 legal, 2 illegal) 3 kitchens, 3 Laundry areas and all have separate entrances, this turn-key home is the ultimate opportunity for families, professionals, or savvy investors. Everything has been updated from the roof, windows, stucco, insulation, flooring, kitchens, bathrooms, garage, deck & more! High end finishes include granite counters, custom cabinets, stonework, hardwood & tile. Unique layout offers a 2 bed upper illegal suite, self contained main floor unit w/ 10’ ceilings, and a finished basement with 2 separate entrances. Massive oversized double garage w/10' ceiling, corner lot w/ ample parking, and a prime location near 17th Ave & Crowchild Trail. Live in one legal or illegal suite, rent the others, or bring extended family, the possibilities are endless! Quiet street, bold design, and unbeatable value. Book your private tour today. this one won’t last! More details
    Listed by RE/MAX iRealty Innovations
  • 101 1921 27 Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2223034

    101 1921 27 Street SW Killarney/Glengarry Calgary T3E 2E6
    Main Photo: 101 1921 27 Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2223034
    $719,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223034
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,818 sq. ft.
    Sophisticated, stylish, and superbly located, this beautifully customized townhome in the heart of Killarney offers elevated inner-city living across three thoughtfully designed levels. Tucked into a unique five-unit enclave, this home is the only one with windows facing east, west and south on all three floors, creating a bright, airy atmosphere and providing rare natural light and privacy. Step inside to a spacious open-concept main floor that blends modern design with functional comfort. A striking linear gas fireplace is flanked by built-in cabinetry and an extended wood mantel, anchoring the living space in warmth and style. Oversized windows overlook the central courtyard, while a private front entry offers excellent separation from neighboring units. The gourmet kitchen features sleek white cabinetry, a gas stove, stainless steel appliances and a large island with seating, ideal for entertaining or daily living. A central dining area, designer lighting and a convenient powder room complete this level. Upstairs, the second floor offers flexibility for families, guests, or roommates with two spacious bedrooms, a full bath, a bonus room/lounge and a laundry area. The entire top floor is dedicated to the primary suite — a private retreat featuring two sunny balconies, one for east-facing morning light and another west-facing for evening sunsets. This level also includes a custom walk-in closet and a spa-inspired 5-piece ensuite with a double vanity, soaker tub, and glass shower for ultimate luxury. Enjoy secure underground parking, a large storage locker and the peace of mind of low-maintenance living in a well-managed, boutique complex. The Hot water tank is replaced with new hot water tank last month . This exceptional location supports your active lifestyle — walk to transit, parks, the Killarney Aquatic Centre, schools and local amenities. Plus, you're minutes from downtown, the Bow River and vibrant Marda Loop. A rare opportunity to own a truly unique and modern townhome in one of Calgary’s most connected communities. More details
    Listed by RE/MAX Real Estate (Mountain View)
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Data was last updated June 14, 2025 at 02:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706