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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4406 11811 Lake Fraser Drive SE
Lake Bonavista Calgary T2J 7J1

$279,972
Residential beds: 1 baths: 1.0 688 sq. ft. built: 2006

Main Photo: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 1: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 2: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 3: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 4: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 5: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 6: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 7: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 8: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 9: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 10: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 11: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 12: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 13: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 14: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 15: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 16: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 17: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 18: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 19: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 20: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 21: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 22: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 23: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Photo 24: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2223694
Bedrooms:
1
Bathrooms:
1
Year Built:
2006
4406, 11811 Lake Fraser Drive SE – Exceptional Fourth Floor, West Facing Views | Gateway Southcentre Is In The Coveted Community of Lake Bonavista | Open Concept Floor Plan | Kitchen Boasts Stylish Cabinets, Sleek, Black Appliances & Granite Countertops | Generous Sized Primary Bedroom With Walk-In Closet, Plus A Den or Office | Forget About A Gym Membership! Amazing Amenities Include A State of the Art Fitness Centre, A Dedicated Yoga Studio, Two Party Rooms For Entertaining, Owner’s Lounge With Kitchen, Interior Courtyard, Two Onsite Guest Suites & Several Guest Parking Stalls | Convenient Titled Underground-Heated Parking Stall With Storage Space| Building Features Unique Energy-Saving Geothermal Heat & Cooling System | Steps To Southcentre Mall, Avenida Market, Shopping, Dining & Entertainment | Located On The Corner Of Macleod Trail & Anderson Road With Quick Access To Major Roads | 15 Minute Walk To Canyon Meadows LRT Station | Condo Fees $646.58 Include ALL Utilities, Common Area Maintenance, Electricity, Heat, Water, Sewer, Insurance, Maintenance Grounds, Parking, Professional Management, & Reserve Fund Contributions | PETS Subject to Board Approval – ‘Tweety’ Bird(s) or ‘Sylvester’ The Cat or Dog (Max 23 kilograms) | No Age Restrictions | No Short Term Rentals.
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:
688.36 sq. ft.
Main Level Finished Area:
688.36 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$646.58
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Electricity, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Floor Location:
Other
Entry Level:
4
Stories Total:
6
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2006 (Age: 19)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0614475
Heating:
Geothermal, Natural Gas
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete, Stucco
Structure Type:
High Rise (5+ stories)
Roof:
Membrane
Ensuite:
No
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Parkade, Secured, Stall, Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Gateway Southcentre
Lake Bonavista
Clubhouse, Elevator(s), Fitness Center, Guest Suite, Parking, Party Room, Recreation Facilities, Recreation Room, Secured Parking, Storage, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
N/A
Board Approval, Pet Restrictions or Board approval Required, Pets Allowed, Short Term Rentals Not Allowed
Restrictions, Cats OK, Dogs OK, Yes
Floor
Type
Size
Other
Main Floor
Living Room
15'8" × 11'3"
Main Floor
Bedroom
11'4" × 9'10"
Main Floor
Kitchen
11'10" × 8'4"
Main Floor
Dining Room
11'3" × 6'3"
Main Floor
Office
9'3" × 7'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'10" x 8'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Breakfast Bar, Granite Counters, High Ceilings, Open Floorplan, Storage, Walk-In Closet(s)
Exterior Features:
Balcony, Courtyard, Storage
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone S
Zoning:
DC
Listed Date:
Jun 12, 2025
Days on Mkt:
  • Photo 1: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
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  • Photo 2: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Lobby
  • Photo 3: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Lobby
  • Photo 4: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Main Floor Plan
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    Photo 12 of 24
  • Photo 13: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Office
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    Photo 14 of 24
  • Photo 15: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Exercise Room
  • Photo 16: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Exercise Room
  • Photo 17: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Exercise Room
  • Photo 18: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Games room
  • Photo 19: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Social Room
  • Photo 20: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Social Room
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  • Photo 23: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Avenida Place
  • Photo 24: 4406 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2223694
    Map of Surrounding Area

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Listed by Real Broker
Data was last updated June 18, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$725,000
Min list price:
$265,000
Max list price:
$2,500,000
Avg days on market:
19
Min days on market:
2
Max days on market:
89
Avg price per sq.ft.:
$574.9
These statistics are generated based on the current listing's property type and located in Lake Bonavista. 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