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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7246 24 Street SE
Ogden Calgary T2C 0Y5

$489,900
Residential beds: 6 baths: 2.0 1,055 sq. ft. built: 1969

Main Photo: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 1: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 2: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 3: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 4: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 5: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 6: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 7: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 8: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 9: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 10: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 11: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 12: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 13: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 14: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 15: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 16: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 17: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 18: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 19: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 20: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 21: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 22: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 23: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 24: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Photo 25: 7246 24 Street SE in Calgary: Ogden Semi Detached (Half Duplex) for sale : MLS®# A2227008
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2227008
Bedrooms:
6
Bathrooms:
2
Year Built:
1969
INVESTMENT OPPORTUNITY!!! A RARE chance to own a TURN-KEY Semi-Detached Bungalow with TWO Separate RENTAL-READY Units. Featuring 6 TOTAL BEDROOMS - a 3 Bedroom Main Floor Suite, a 3 Bedroom Illegal Basement Suite, plus a SINGLE DETACHED GARAGE – this property in OGDEN is the IDEAL setup for INVESTORS seeking RELIABLE INCOME, multigenerational households, or buyers looking to OFFSET their mortgage with STRONG RENTAL POTENTIAL. Offering OVER 2,100 SQ FT OF TOTAL LIVING SPACE, this home is situated directly across from a LARGE PARK, providing PEACEFUL GREEN SPACE VIEWS and fantastic CURB APPEAL. Step inside through the front foyer and enjoy NATURAL LIGHT pouring in through the LARGE WINDOWS of the spacious living room. Adjacent is a defined dining space and a well-appointed galley kitchen with ample cabinetry. The main level features LAMINAT + CARPET FLOORING, along with 3 GENEROUSLY SIZED BEDROOMS, a beautiful 4 PC BATHROOM, with NEW Tile surround in bathtub area, and its own NEW SEPARATE LAUNDRY room for added convenience. Downstairs, the ILLEGAL SUITE has its own PRIVATE EXTERIOR ENTRY, making it a truly SELF-CONTAINED UNIT. The lower level offers 3 MORE BEDROOMS, a stylish 4 PC BATHROOM with NEW Tile surround in bathtub area, a SPACIOUS OPEN-CONCEPT KITCHEN, and a LARGE FAMILY ROOM - ideal for relaxing or entertaining. With a combination of LUXURY VINYL PLANK + CARPET FLOORING, this suite is both durable and functional. A SEPARATE LAUNDRY AREA ensures total independence between units. This EFFICIENT layout maximizes RENTAL FLEXIBILITY and adds LONG-TERM VALUE to the property. Inside and out, this home has been UPGRADED! New Hot Water Tank 75 Gallon (2021). Sewer Line cleaned (2024). A NEW Roof Torch Membrane (2024), VALUED AT $25,000, has been installed - an invaluable upgrade for PEACE OF MIND and future RESALE VALUE. The WEST-FACING FRONT YARD soaks up the AFTERNOON SUN and faces directly onto GREEN SPACE, making it a standout for both CURB APPEAL and LIFESTYLE. The 3,100 SQ FT LOT also includes a FENCED BACKYARD, a DETACHED SINGLE GARAGE, and additional OFF-STREET PARKING, perfect for tenants or owners with multiple vehicles. Located in OGDEN, a community rapidly gaining popularity among investors and homebuyers, this property is close to everything - including SCHOOLS, PARKS, TENNIS COURTS, PLAYGROUNDS, PATHWAYS, and local shops. With quick access to DEERFOOT AND GLENMORE TRAILS, and the UPCOMING GREEN LINE LRT, this is a neighborhood with MAJOR UPSIDE and LONG-TERM GROWTH POTENTIAL. Whether you're looking to LIVE UP & RENT DOWN, lease out both units, or house extended family, this home offers UNMATCHED VERSATILITY, STRONG CASH FLOW, and key RECENT UPGRADES that set it apart from the rest. Don’t miss your chance to own this TURN-KEY INCOME PROPERTY in one of Calgary’s most accessible and developing areas. Virtually staged photos are used to showcase the space. BOOK YOUR PRIVATE TOUR TODAY - THIS ONE WON’T LAST!!!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
1,054.94 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,100 sq. ft.
Lot Frontage:
24'11"
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:
West
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
7
Year built:
1969 (Age: 56)
Bedrooms:
6 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
375AM
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
Duplex
Roof:
Flat Torch Membrane
Ensuite:
No
Flooring:
Carpet, Laminate, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Off Street, Single Garage Detached
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Electric Dryer Hookup, In Basement, Main Level, Multiple Locations, Washer Hookup
Ogden
Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
Two Refrigerators, Two Electric Stoves, Two Washers, Two Dryers, Two Range Hoods, Garage Door Opener, Garage Remote, Storage Shed
Airspace Restriction
Floor
Type
Size
Other
Main Floor
Living Room
18'7" × 13'3"
Main Floor
Kitchen
10'11" × 10'11"
Main Floor
Dining Room
8'11" × 8'4"
Main Floor
Bedroom - Primary
12'5" × 9'11"
Main Floor
Bedroom
8'11" × 8'11"
Main Floor
Bedroom
10'7" × 8'5"
Main Floor
Foyer
5'7" × 5'5"
Main Floor
Laundry
4'7" × 4'2"
Main Floor
Mud Room
3'10" × 3'8"
Basement
Family Room
16'2" × 11'2"
Basement
Kitchen
19'10" × 7'
Basement
Bedroom
15'10" × 10'8"
Basement
Bedroom
11'9" × 7'1"
Basement
Bedroom
12'1" × 8'4"
Basement
Laundry
7'2" × 6'1"
Basement
Furnace/Utility Room
7' × 4'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 9'5"
Basement
No
4
4'11" x 7'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
Separate Entrance
Exterior Features:
Private Entrance
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, City Lot, Front Yard, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-C2
Listed Date:
Jun 10, 2025
Days on Mkt:
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Listed by RE/MAX House of Real Estate
Data was last updated June 20, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$549,000
Min list price:
$319,999
Max list price:
$825,000
Avg days on market:
21
Min days on market:
1
Max days on market:
360
Avg price per sq.ft.:
$535.1
These statistics are generated based on the current listing's property type and located in Ogden. 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