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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5016 Stanley Avenue SW
Elboya Calgary T2S 2R5

$2,100
Rental beds: 2 baths: 1.0 750 sq. ft.

Main Photo: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 1: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 2: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 3: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 4: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 5: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 6: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 7: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 8: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 9: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 10: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 11: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 12: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 13: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 14: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Photo 15: 5016 Stanley Avenue SW in Calgary: Elboya Rental for sale : MLS®# A2221982
Status:
Active
Prop. Type:
Rental
MLS® Num:
A2221982
Bedrooms:
2
Bathrooms:
1
Be the first to live in one of four fully renovated 2-bedroom units, located in the prestigious and peaceful inner-city community of Elboya. These brand-new suites have never been lived in and feature a seamless blend of modern design, thoughtful layout, and high-end finishes. Each unit offers spacious bedrooms with generous closet space, bright and open living areas, contemporary kitchens with quartz countertops, stainless steel appliances, custom cabinetry, and stylish backsplashes. The bathrooms are finished with sleek tile, modern fixtures, and elegant vanities. Large windows flood the space with natural light, while luxury vinyl plank flooring adds warmth and durability throughout. In-suite laundry is also included for added convenience. Situated in a prime location, these homes offer immediate access to everything you need. Just steps away, you’ll find Chinook Centre, a wide selection of restaurants, cafés, retail shops, and major transit routes. Enjoy easy connectivity to downtown and nearby green spaces including parks and river pathways. These units are perfect for professionals, couples, or small families seeking upscale living in a vibrant, connected community. Available for immediate occupancy. Contact us today to book your private showing — these units won’t last long.
Property Type:
Rental
Possession:
Possession Date:
Rental Type:
Apartment
Total Living Area:
750 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
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:
Reg. Size:
Reg. Size Includes:
Total Rooms Above Grade:
2
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Furnished:
Negotiable
Roof:
Flat
Ensuite:
No
Garage:
0
Parking:
Parking Pad
Elboya
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
Measurements not available
Main Floor
Bedroom - Primary
Measurements not available
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Listed Date:
May 16, 2025
Days on Mkt:
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Listed by Real Broker
Data was last updated May 30, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,100
Min list price:
$1,200
Max list price:
$3,500
Avg days on market:
22
Min days on market:
13
Max days on market:
64
Avg price per sq.ft.:
$2.76
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706