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.

CONDOS FOR SALE IN CALGARY PRICED FROM $900,000 to $950,000

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  • 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843

    506 3204 Rideau Place SW Rideau Park Calgary T2W 1Z2
    Main Photo: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2205843
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    1,649 sq. ft.
    Live every day with breathtaking million-dollar views. Located in one of Calgary’s best neighbourhoods, this gorgeous END UNIT and DOUBLE SUITE is a rare opportunity situated in Renfrew House at sought after Rideau Towers. This immaculate and extremely well cared for home offers sixty feet of stunning unobstructed city, river valley and mountain views. Designed and once owned by sought after Interior Designer Douglas Cridland, this home is timeless, refined, and sophisticated. Offering almost 1650 sq.ft, this thoughtful floorplan provides an elegant and private foyer and leads you to an a bright and open spacious living area perfect for entertaining and spending time with family and friends while taking in the incredible views.Just off the dining area are beautiful sliding glass doors leading to a cozy family room with gorgeous skyline views to the east, custom built-in cabinetry, automated blinds and an integrated sound system. The timeless kitchen is truly a chef’s delight. It features limestone floors, european high gloss cabinets with endless storage, granite counters, induction cook top, double wall ovens and a Asko dishwasher. Wake up every morning to breath taking views of Calgary’s gorgeous skyline. The large bedroom features custom built-ins and a huge walk-in closet offering fantastic storage. The luxurious ensuite has double vanities with great storage, granite counter tops, a steam shower and Kohler soaker tub. Additional features include insuite laundry with a Asko washer and dryer, automated blinds and freshly painted throughout. Rideau Towers is cherished by Calgarians for its prize location on 13 acres of mature trees and greenery safely tucked away but still within walking distance to Mission restaurants and shops. The outdoor pool offers a gathering spot in the summer and the walking trails are a wonderful way to stay active throughout the seasons. This suite also comes with two underground assigned parking stalls and a double storage unit. Come and see how perfect the lock and go lifestyle can be! More details
    Listed by Real Estate Professionals Inc.
  • 1001 738 1 Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2165848

    1001 738 1 Avenue SW Eau Claire Calgary T2P 5G8
    Main Photo: 1001 738 1 Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2165848
    $938,000
    Residential
    Status:
    Active
    MLS® Num:
    A2165848
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    987 sq. ft.
    CORNER UNIT | 10' CEILINGS, | CITY SKYLINE & RIVER VIEWS | EAST, SOUTH, & WEST EXPOSURES | TWO BALCONIES Welcome to The Concord - Calgary's most prestigious riverfront residence, an architectural icon that defines luxury living. This rarely available 10th-floor corner suite offers 10' ceilings and panoramic views of the Bow River and downtown skyline, flooded with natural light from its east, south and west exposures. One of the few premium Suite Plan A layouts, this unit boasts two private balconies, allowing you to take in breathtaking sunrises and golden sunsets. The elegant foyer has been upgraded with marble flooring, setting the tone for the refined finishes throughout. The open-concept living and dining area features floor-to-ceiling windows and a stunning full-height Bianco Statuario marble encased fireplace, creating a sophisticated space to entertain or unwind. The designer Poggenpohl Kitchen is equipped with top-of-the-line Miele built-in appliances including a gas cooktop, wine fridge, built-in refrigerator, oven, microwave, and dishwasher. The spacious primary suite is a private retreat with a custom walk-in closet, and a 5-piece spa-inspired ensuite, complete with dual sinks, a deep soaker air-jet tub, a separate shower and heated marble floors. A patio door leads to a private balcony, offering a serene escape with stunning city and park views. The second bedroom also enjoys balcony access and its own floor-to-ceiling marble bathroom with heated floors. Additional features include an in-suite full-size washer and dryer, a titled tandem parking for two vehicles, and a titled storage room. World-Class Building Amenities include: 24-hour Concierge & Security services | 6 high-speed Elevators | Elegant Social Lounge with a Bar, full kitchen for your private events | State-of-art Fitness Centre | Touch-less automatic car wash | Ample guest parking | Stunning outdoor water garden and pond (transforms into a winter Skating rink) | Outdoor kitchen with BBQ and 2 fire-pits, perfect for entertaining. Exciting future amenities (Phase II - Launching May, 2025) include: Resort-style swimming pool and a hi-tech golf simulator. This fully furnished lightly use suite presents a rare opportunity to own a luxurious residence in The Concord. With unparalleled elegance, world-class amenities, and best value in the building, this offering is truly one-of-a-kind. Call today to schedule your private viewing! More details
    Listed by eXp Realty
  • 105 670 PRINCETON Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2229364

    105 670 PRINCETON Way SW Eau Claire Calgary T2P 5K2
    Main Photo: 105 670 PRINCETON Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2229364
    $920,000
    Residential
    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 details
    Listed by RE/MAX Realty Professionals
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Data was last updated August 4, 2025 at 08:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA