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.

BUNGALOWS FOR SALE IN MOUNT PLEASANT CALGARY

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  • 722 20 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2231139

    722 20 Avenue NW Mount Pleasant Calgary T2M 1E1
    Main Photo: 722 20 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2231139
    $509,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231139
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    668 sq. ft.
    Step into this beautifully restored home that seamlessly blends timeless character with modern finishes. From the moment you walk in, you’ll appreciate the warmth of wide plank hardwood flooring and the thoughtfully preserved original features—including vintage doors, glass knobs, and classic baseboards. The updated kitchen boasts rich, dark-stained maple cabinetry, sleek stainless steel appliances, and elegant quartz countertops, with an open-counter design that flows into the dining and living areas—perfect for entertaining. The bathroom has been upgraded with stylish tile flooring and includes a convenient stackable washer and dryer. An open-riser staircase leads to a bright and spacious loft with a skylight and new carpet, offering a versatile space for a home office, studio, or guest area. (Please note: Loft and enclosed front porch are not included in the RMS square footage.) Additional upgrades include newer shingles, windows, electrical, paint, fencing, and crown mouldings. Enjoy a large private backyard, rear lane access, gravel parking pad, and storage shed—ideal for relaxed outdoor living. Located just minutes from SAIT, the University of Calgary, Foothills Hospital, downtown, and major amenities, this property offers charm, convenience, and long-term potential. Whether you’re a homeowner or investor, this is a must-see! More details
    Listed by eXp Realty
  • 2214 4 Street NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2234750

    2214 4 Street NW Mount Pleasant Calgary T2M 1N4
    Main Photo: 2214 4 Street NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2234750
    $899,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234750
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    734 sq. ft.
    Exceptional opportunity for Builders and investors Corner lot in Mount Pleasant with Approved DP for 4 Rowhomes with LEGAL basement suites. Located in the highly sought after inner city community of Mount Pleasant . Well Maintained Bungalow with 2 bedrooms up, living room kitchen and full bathroom. Basement is finished . Single detached garage. Beautiful South facing backyard. Great holding property, priced to sell. More details
    Listed by 4th Street Holdings Ltd.
  • 317 18 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2240412

    317 18 Avenue NW Mount Pleasant Calgary T2M 0T4
    Main Photo: 317 18 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2240412
    $575,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240412
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    557 sq. ft.
    Welcome to this gorgeous character home nestled in the highly sought-after neighborhood of Mount Pleasant. Bursting with charm and warmth, this inviting bungalow effortlessly blends vintage appeal with thoughtful modern upgrades. Step inside to discover 9-foot ceilings and stunning wide plank white oak hardwood floors, creating a light and airy atmosphere that complements the home’s original character. The main floor features a cozy one-bedroom, one-bathroom layout. The lovely front porch offers a serene space to unwind with a coffee or enjoy a quiet evening, while the large unfinished basement presents a blank canvas for your personal touch. The home has undergone numerous updates for peace of mind, including updated electrical and plumbing, new sewer and water mains (2019), a newer roof with architectural shingles (2019), a high-efficiency furnace (2020), and a new washer and dryer (2022). Located on an excellent, quiet street, this gem is just moments from schools, parks, shopping, and all the vibrant offerings of inner-city living. Whether you're a first-time buyer, investor, or simply someone who appreciates character homes, this Mount Pleasant beauty is a rare opportunity you won’t want to miss. More details
    Listed by CIR Realty
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Data was last updated August 1, 2025 at 08:05 AM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA