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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Find Your Perfect Home in Southeast Calgary: Browse by Price Range
| $200,000 - $375,000 | $500,000 - $600,000 | $800,000 - $900,000 |
| $350,000 - $500,000 | $600,000 - $700,000 | $900,000 - |
| $400,000 - $500,000 | $700,000 - $800,000 | SW CALGARY HOMES FOR SALE |
Explore Mahogany's Diverse Real Estate Offerings
| MAHOGANY DETACHED HOMES FOR SALE | MAHOGANY CONDOS FOR SALE |
| MAHOGANY TOWNHOMES FOR SALE | BUNGALOWS FOR SALE IN MAHOGANY |
There are several ways to contact Diane Richardson:
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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.
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Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
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Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
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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.
CALGARY HOMES FOR SALE UNDER $900,000
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1402 22 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2182890
1402 22 Avenue NW Calgary T2M 1P8 
$920,000Residential- Status:
- Active
- MLS® Num:
- A2182890
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,223 sq. ft.
Discover the ultimate blend of luxury and comfort in this stunningly designed property, nestled in the vibrant neighborhood of Capitol Hill. Created by renowned architect Jackson McCormick and featuring interiors by acclaimed designer Paul Lavoie, this 4-bedroom, 3.5-bathroom home spans over 1,719 sq ft of meticulously crafted living space where no detail has been overlooked. Begin your mornings with breathtaking views from the rooftop patio, a serene oasis bathed in sunlight from dawn to dusk. The rooftop is thoughtfully wired for a hot tub, making it a perfect space for both relaxation and entertaining. For those with a green thumb, the integrated green roof vegetation system adds an eco-friendly touch. Inside, natural light floods the home, highlighting the exquisite hardwood floors and 8-foot solid core doors. The main level boasts a sleek kitchen equipped with a premium Fisher & Paykel appliance package, and quartz countertops. Soft-close cabinetry and a pantry provide ample storage, ensuring both beauty and practicality. The open main floor is perfect for hosting gatherings, while the living area with an electric fireplace offers a comfortable retreat for relaxation. Enjoy year-round comfort with central air conditioning. Upstairs, the primary suite is a haven of tranquility, featuring a luxurious 5-piece ensuite with dual sinks, a soaker tub, and a glass-enclosed shower. Custom cabinetry and built-in shelving within the walk-in closet provide ample storage. An additional bedroom with its own 3-piece ensuite and convenient laundry complete the upper level. The lower level includes two more bedrooms that share a 4-piece bath, offering privacy and flexibility. The attached single-car garage provides secure, heated parking and features a heated driveway for added convenience during the winter months. Located just minutes from downtown, the University of Calgary, local shops, restaurants, and top-rated schools, this home combines the best of urban living with a peaceful community vibe. Don’t miss this rare opportunity to own a property that seamlessly blends sophistication, functionality, and location. Schedule your private showing today! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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105 670 PRINCETON Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2229364
105 670 PRINCETON Way SW Calgary T2P 5K2
$920,000Residential- Status:
- Active
- MLS® Num:
- A2229364
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,330 sq. ft.
True Boutique Riverfront living in the heart of downtown. The Princeton offers luxury, space, and Location! This unique free standing complex shares only 7 homes. Estate quality finishing on this one of kind main level townhome. A unique unit with direct access to the Bow River and Prince's Island park right from your patio. No elevators or stairs. Boasting an excellent floor plan with 1330 square feet of well designed living space. Granite counters, stainless steel appliances, tile flooring and spacious principal rooms flooded with light and incredible views of the park. The Gourmet kitchen opens up to the large living area, featuring a fireplace, and French doors to a huge private terrace overlooking the river. The master suite is spacious and comfortable. Surrounded by windows, a walk in close, and of course a large ensuite with soaker tub, separate glass / tile shower and dual sink vanities. The second bedroom has lovely park views as it spreads the full north east corner of the suite. The second full bath is just off the hall with easy access for the bedroom and guest powder room. This unit boasts two large patios. The second one is located on the NE corner of the building, offering lots of light and privacy, yet surrounded by mature foliage. This is the perfect spot for the bbq, and extends the space off the kitchen for an al- fresco morning coffee patio. This is one of the most unique units in the Boutique 670 building at the Princeton. Offering you upscale living in a prime location, with townhome access. Just imagine your backyard as a private park overlooking the river. A wonderful four seasons access to a fully treed, lush lawn space, perfect for family bbq's and warm days playing with your dog. This unit features two side by side parking stalls and one large titled storage lockers. A great value, unique and truly iconic, immaculate and ready to move-in for the summer. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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189 Harvest Hills Way NE in Calgary: Harvest Hills Detached for sale : MLS®# A2232318
189 Harvest Hills Way NE Calgary T3K 2N7
$920,000Residential- Status:
- Active
- MLS® Num:
- A2232318
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,232 sq. ft.
Charming 2-Storey home conveniently located in a highly sought-after neighborhood. It is beautifully maintained & offers exceptional space, comfort & flexibility-perfect for growing families. The main floor is bright with an open-concept layout. It features an office/bedroom with double barn doors, just across from the full bathroom. Living room has a cozy fireplace for the cold winter nights. There's a spacious, modern kitchen with ample cabinetry, upgraded gas range, stainless steel appliances & a good size kitchen island. Store all your snacks in the walk in pantry. The dining area is overlooking the sunny deck through the sliding patio doors. This home is backing onto a walking path & green belt for added privacy. Upper level highlights expansive primary bedroom with luxurious 5-piece ensuite: stand-alone tub, separate shower, dual vanities and a walk-in closet. There are two additional well sized bedrooms. Large bonus room is ideal for a home office, kids' playroom, or media space. The upstairs main bathroom features double sinks, ideal for busy mornings. Convenient upstairs laundry room with cheater door to the ensuite. Professionally developed basement is finished by the builder with a separate side entrance. There's a wet bar with wine fridge, perfect for entertaining or extended family use. Spacious family/recreation room. Fourth bedroom & full 4-piece bathroom. This home is ideally located close to schools, parks, shopping, and walking trails. Whether you need room to grow, entertain, or work from home, this property has it all! More detailsListed by Premiere Realty Direct- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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55 Hampshire Grove NW in Calgary: Hamptons Detached for sale : MLS®# A2219381
55 Hampshire Grove NW Calgary T3A 4Y7
$919,900Residential- Status:
- Active
- MLS® Num:
- A2219381
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,036 sq. ft.
Live in the desirable NW community - The Hamptons! This house has it all - and then some! The yard is an absolute dream with mature trees (hammock included!) large deck and awning, and bins of firewood ready for those summer nights! Central air conditioning to cool down in the summer and a large steam bath/shower to warm up in the winter (or whenever your preference may be!) Sprinkler system, BBQ gas line, triple pane vinyl windows, gas stove, wet bar in your fully developed basement, fireplace and so much more! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1020 19 Avenue NW in Calgary: Mount Pleasant Semi Detached (Half Duplex) for sale : MLS®# A2227017
1020 19 Avenue NW Calgary T2M 0Z7
$919,900Residential- Status:
- Active
- MLS® Num:
- A2227017
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,700 sq. ft.
Location…Location…Location…situated in the desirable central neighborhood of Mount Pleasant and walking distance to downtown, Kensington shops and restaurants, Jubilee Auditorium, McHugh Bluff and Confederation Park just to name a few. New development on the street which is great for the overall look of the street. This stunning home features high end quality construction inside and out. Beautiful curb appeal featuring stone & acrylic exterior, stone curbed walkway, stone window wells and a fully landscaped front yard. When you walk through the front door you’re greeted with a nice open layout with 9’ ceilings, hardwood floors, custom woodwork & built ins and Hunter Douglas blinds throughout. The gourmet kitchen features full height cabinets, a massive 10’x5’ espresso stained island, quartz countertops and high end stainless steel appliance package with gas range, built in oven and microwave. The great room features custom built ins, stone faced fireplace and a large window overlooking the backyard. The dining room, which also has a large window, is set off the main living area by beautiful French doors with glass inserts creating an intimate setting for family dinners or those special guests. This room would also work great for a home office. Rear mudroom has marble tile, custom built in lockers and a double closet which is great for storage. The upper level features a spacious master retreat with walk in closet including built in lacquered closet system, 5 piece spa like ensuite with soaker tub, espresso vanity with duel sinks and separate glass shower. Amazing laundry room with tons of cabinets, pull out laundry bin, sink and quartz counter tops. Two additional bedrooms and 4 piece main bathroom round out this level. Fully developed basement with family room, wet bar with full height cabinets and custom wine rack and glasses holder. The 4th bedroom, 4 piece bathroom and a nice size storage room round out the basement. The backyard boasts an exposed aggregate stone patio and walkway to garage, beautiful mature tree surrounded by custom stone work and A/C for those hot summer days. Backyard to be professionally resodded. More detailsListed by ComFree- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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4010 8 Avenue SW in Calgary: Rosscarrock Detached for sale : MLS®# A2224122
4010 8 Avenue SW Calgary T3C 0G3
$919,000Residential- Status:
- Active
- MLS® Num:
- A2224122
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 864 sq. ft.
Outstanding Redevelopment Opportunity – Prime Corner Lot with Approved 4-Plex Plans! This is a rare and exciting investment opportunity on a large 8,320 sq. ft. corner lot, already approved for a 4-unit residential build (BP approved). Zoned M-C1, the property offers endless redevelopment potential in one of Calgary’s most sought-after locations. The existing raised bungalow features two separate units, each with private entrances and oversized windows for an abundance of natural light. Options abound: live in one unit and rent the other, rent both for immediate income, or develop the site into a modern multi-family build. Located just a short walk to Westbrook Mall and the LRT station, this property offers unbeatable convenience with shopping, restaurants, schools, and amenities all nearby. Upper unit includes 2 bedrooms, 1 full bathroom, a spacious living room with original hardwood floors, a kitchen with ample cabinetry, and shared laundry access. The bright, illegal basement suite features large windows, 2 bedrooms, 1 full bath, a generous living area, and a spacious kitchen. Other highlights include a double attached garage and the incredible potential of this expansive corner lot. This is truly a money-making opportunity in a location with limitless future value. Properties like this don’t come along often—book your showing today! More detailsListed by Homecare Realty Ltd.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1719 31 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2231226
1719 31 Avenue SW Calgary T2T 1S6
$919,000Residential- Status:
- Active
- MLS® Num:
- A2231226
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,815 sq. ft.
Welcome to this beautifully maintained home in the hart of Marda Loop neighbourhood! Offering over 2500 sq ft of thoughtfully designed living space this charming home features a fully developed walk-out basement and is just steps from parks, shops, restaurants, pool and schools. Spacious open concept main floor is perfect for entertaining, showcasing a formal dining area, stylish kitchen, convenient half bath and warm inviting family room with a cozy fireplace. Upstairs you’ll find primary bedroom with ensuite, along with two more bedrooms and a four-pice bathroom. The walk-out lower level is ideal for relaxation or hosting quests, complete with in-floor heating, a large recreations room, full bathroom, versatile den or home office and dedicated laundry room. Professionally cleaned and move-in ready. This is your chance to live in one of Calgary’s most desirable inner city communities! More detailsListed by BECK Real Estate Ltd.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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171 Edenwold Drive NW in Calgary: Edgemont Detached for sale : MLS®# A2243619
171 Edenwold Drive NW Calgary T3A 3T4
$916,800Residential- Status:
- Active
- MLS® Num:
- A2243619
- Bedrooms:
- 7
- Bathrooms:
- 4
- Floor Area:
- 1,537 sq. ft.
Welcome to this exquisite, fully renovated luxury bungalow offering about 3,000 sq ft of beautifully designed living space. Nestled on a spacious lot with an East-facing and lush green space, this home combines elegance, comfort, and functionality in an open-concept layout. //Main Floor Highlights: 2 Primary Suites, each with a private 3-piece ensuite 1 Additional Bedroom with a 4-piece bath Bright and spacious living room Elegant dining room and open office area Gourmet kitchen featuring quartz countertops and access to a sunlit breakfast/dining area // Basement Highlights (Separate Entrance): 4 Spacious Bedrooms, including a luxurious primary suite with a 4-piece ensuite Additional 4-piece bathroom for guests or family Fully equipped professional-grade kitchen Private laundry room //Exterior & Extras: Low-maintenance landscaping in both front and backyards Ideal for large families or multi-generational living Excellent investment potential with separate living quarters Whether you're looking for your dream home or a high-return investment, this property is good to live, good to invest! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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89 Sage Bluff Rise NW in Calgary: Sage Hill Detached for sale : MLS®# A2223779
89 Sage Bluff Rise NW Calgary T3R 1T4
$915,000Residential- Status:
- Active
- MLS® Num:
- A2223779
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,179 sq. ft.
Exquisite and versatile, this 4-bedroom, 3.5-bathroom split-level home in the highly sought-after Sage Hill community is designed for both refined family living and effortless entertaining. The open-concept main floor features premium luxury vinyl plank flooring, expansive windows that bathe the space in natural light, and a chef-inspired kitchen complete with an oversized island, full-height cabinetry, quartz countertops, stainless steel appliances, a built-in wall oven, a sleek chimney hood fan, and a spacious walk-in pantry. Upstairs, you'll find three generously sized bedrooms including a luxurious primary suite with a large walk-in closet and a spa-like 5-piece ensuite. The upper level also includes a lavish 5-piece main bathroom with double sinks and a conveniently located laundry room with ample storage. The home is filled with thoughtful upgrades such as stained maple railings, a cozy fireplace, vaulted ceilings in the bonus room, quartz countertops in all bathrooms, and over $25,000 in custom Hunter Douglas window treatments. The 12’x24’ Dura Deck is enhanced with pot lights and a garden fan, complemented by a heated outdoor water tap and upgraded lighting solutions throughout. The attached garage is fully finished with epoxy flooring, drywall, ceiling enhancements, and pot lights for a polished look. The WALKOUT BASEMENT FEATURES A FULLY LEGAL SUITE with one bedroom plus a den and an upgraded kitchen with quartz countertops, a gas stove, and a chimney hood fan—ideal for extended family, guests, or RENTAL INCOME OPPORTUNITIES. The property is APPROVED BY THE CITY OF CALGARY FOR SHORT-TERM RENTALS and is CURRENTLY GENERATING $6,500 TO $7,000 PER MONTH through Airbnb, VRBO, and other platforms. This creates a STRONG POSITIVE CASH FLOW, making it a standout TURNKEY INVESTMENT OPPORTUNITY. Located in a tranquil yet accessible neighborhood, the home is just minutes from parks, walking paths, top-tier schools, and shopping destinations such as Sage Hill Quarter, Sage Hill Crossing, and Beacon Hill Centre. Easy access to major roadways ensures seamless connectivity across Calgary. Don’t miss your chance to own this INCOME-GENERATING LUXURY HOME, where style, function, and financial return come together in one remarkable property. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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961 Sierra Morena Court SW in Calgary: Signal Hill Detached for sale : MLS®# A2236524
961 Sierra Morena Court SW Calgary T3H 3R3
$915,000Residential- Status:
- Active
- MLS® Num:
- A2236524
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,230 sq. ft.
Exceptional Signal Hill location (perfect culdesac location, walking paths in all directions, kiddies playground accessible through culdesac, play fields across the street, all amenities are nearby). Beautiful and very well kept, and upgraded family home with 4 bedrooms up, a 5th in the nicely finished basement and 3.5 baths. Large primary bedroom on the upper level with a renovated 5pc ensuite, and 2 walk-in closets. Generous living spaces on the main floor and very well developed bonus living spaces on the lower level. Large west facing pie yard with mature landscaping and privacy. Many accessible school options. House has AC and quality appliances. Excellent spot! More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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42 Inverness Close SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2234527
42 Inverness Close SE Calgary T2Z 2X7 OPEN HOUSE: Aug 02, 202502:00 PM - 04:00 PM MDTOpen House on Saturday, August 2, 2025 2:00PM - 4:00PM
$914,900Residential- Status:
- Active
- MLS® Num:
- A2234527
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 1,944 sq. ft.
"" OPEN HOUSE: SATURDAY, AUGUST 2, 2:00 - 4:00 PM "". THIS PRISTINE HOME HAS IT ALL: friendly, quiet, mature, stunning Neighbourhood of Inverness, quiet cul de sac location in Mckenzie Towne. 1947 sq ft bungalow with another 1600 sq ft in the lower level, updated kitchen overlooking a large spacious great room, gas fireplace, main floor flex room, large dining area, total of 6 bedrooms, 4 bathrooms, family room (second gas fireplace) and games area in the lower area. Pie shaped lot with beautifully landscaped backyard (with garden, flower beds, gazebo). A true large family home with substantial upgrading over the last 10-12 years including: central air conditioning, complete kitchen incl granite countertops, stainless steel appliances, hi efficiency furnace, 2 hot water tanks (2024), roof, zebra blinds, solid main floor oak hardwood and porcelain tile flooring, bathrooms incl jetted ensuite tub and separate shower, 36 inch wide doors (wheelchair accessible), all main floor windows, vinyl exterior fence, water softener, central vac, insulated attached 21 foot wide garage plus 4 vehicle and rv parking , basement heat ducts and floor level, beautiful landscaped and spacious backyard with large deck More detailsListed by Royal LePage Solutions- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1015 Russet Road NE in Calgary: Renfrew Detached for sale : MLS®# A2225457
1015 Russet Road NE Calgary T2E 5L2
$910,000Residential- Status:
- Active
- MLS® Num:
- A2225457
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 960 sq. ft.
Welcome to 1015 Russet Rd NE—an incredible opportunity in the heart of Renfrew! This unique property sits on a large 6,700+ sq ft lot and offers two fully independent homes, including a legal garage suite built in 2018. The 1947-built storey and a half home has been updated over the years and is still full of charm and character, featuring 2 bedrooms, 1 bathroom, and cozy living spaces that are perfect for a homeowner who values personality in their space. Out back, you’ll find a double detached garage and an oversized single garage that supports the suite above it. The garage suite is a standout—spacious, modern, and flooded with natural light. It includes 2 bedrooms, 1 bathroom, a full kitchen, and a private balcony, making it ideal for rental income, multi-generational living, or a home office setup. Whether you're an investor, a homeowner looking for mortgage help, or someone needing space for extended family, this is a smart and flexible option in one of Calgary’s most desirable inner-city neighbourhoods. Located minutes from downtown, schools, parks, and local shops. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated July 30, 2025 at 06:05 PM (UTC)
Diane Richardson 403.397.3706
Diane@mypadCalgary.com
Cell:
403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary
AB
T2H 2C3
CA
Featured Listing
Location: Heritage Pointe
77 Waters Edge Drive
$1,549,900
MLS®#: A2233552
Bedrooms: 4
Bathrooms: 4.0
CIR Realty