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.
JUST LISTED CALGARY MLS® LISTINGS
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507 301 10 Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2236940
507 301 10 Street NW Calgary T2N 1V5 
$405,000Residential- Status:
- Active
- MLS® Num:
- A2236940
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 581 sq. ft.
Nestled in Calgary’s lively Kensington entertainment district, this stylish 1-bedroom apartment is an urban retreat designed for modern living and effortless functionality—ideal for investors, professionals, and startup couples. Featuring 8.6 ft ceilings and expansive windows that flood the open-concept layout with natural light, the home boasts a sleek kitchen with high-gloss cabinetry, quartz countertops, clever storage solutions, a built-in wine rack, and premium energy-efficient appliances from BOSCH and Fisher & Paykel. The spacious bedroom offers a walk-through closet and a spa-inspired ensuite complete with a soaker tub, glass shower, and floating vanity. Step out onto a private balcony with a gas BBQ hookup and take in stunning sunset views over Hillhurst. Additional perks include digitally controlled A/C, USB outlets, a titled underground parking stall, storage locker, self-serve car wash, and secure bike storage. JUST STEPS from Sunnyside C-Train station, restaurants, shops, cafés, grocery stores, parks, river pathways, and downtown—this is the sophisticated lifestyle you’ve been waiting for. Don’t miss this opportunity—schedule your private showing today! More detailsListed by WExcel- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3118 95 Burma Star Road SW in Calgary: Currie Barracks Apartment for sale : MLS®# A2237486
3118 95 Burma Star Road SW Calgary T3E 6L1
$340,900Residential- Status:
- Active
- MLS® Num:
- A2237486
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 612 sq. ft.
Welcome to this stunning one-bedroom home featuring soaring 9-foot ceilings and a thoughtfully designed layout that blends style with functionality. This north-facing unit is bathed in natural light thanks to an expansive wall of windows, creating a warm and inviting atmosphere throughout the day. The open-concept main living area offers a perfect space to relax, with a cozy lounge zone that flows seamlessly into the well-appointed dining area and European-inspired kitchen. You’ll love the gorgeous quartz countertops, extended island, and full penny tile backsplash, all framed by elevated cabinetry and sleek stainless steel appliances, including a GAS STOVE. Additional upgraded pantry storage and stylish pendant lighting complete this elegant space. The Primary Suite overlooks a generous open-air patio and includes a spa-like en-suite with quartz counters, an undermount sink, chic tile surround in the bath, and porcelain floor tiles. A spacious walk-in closet with built-in shelving on both sides offers ample storage and adds to the suite’s functionality. Modern vinyl flooring runs throughout the home, enhancing the bright, upscale feel. This unit is located in an architecturally impressive building, featuring a striking lobby with exposed beams, contemporary décor, and multiple relaxation areas. Residents enjoy designated pet-friendly zones, bike storage, and ample underground visitor parking. Just minutes from Mount Royal University, with easy access to Crowchild Trail, Glenmore Trail, and the seasonal markets and events of Currie Barracks, this location offers a vibrant yet peaceful urban lifestyle. Don’t miss this incredible opportunity—exceptional value in an unbeatable location. This unit won’t last long, so book your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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575 Lucas Boulevard NW in Calgary: Livingston Detached for sale : MLS®# A2237555
575 Lucas Boulevard NW Calgary T3P 2E1
$699,900Residential- Status:
- Active
- MLS® Num:
- A2237555
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,750 sq. ft.
Brand new, walk out, and upgraded, welcome to this 1750 sqft single family home in NW side of Livingston. It features 9 feet ceiling and LVP flooring throughout the main floor, quartz counter tops in the kitchen and bathrooms, electric fireplace, higher upper kitchen cabinets, built in microwave oven and chimney hood fan, stainless steel appliances, knock down ceiling, and wrought iron spindle railings on the stairs. Upper floor has 3 good size bedrooms, master bedroom with beautiful mountain view, ensuite with double vanity sinks and separated shower, large walk in closet, functional laundry room with lots of shelving storage spaces. Main floor with large and sunny living room, computer room/den, spacious dining area, large kitchen with window, mud room with seating bench and coat hooks, and large deck with views. Basement is walk out, with big windows and bathroom rough in. It closes to playground, shopping, shopping, future school, and easy access to major roads. ** 575 Lucas Blvd NW ** More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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401 950 Arbour Lake Road NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2218107
401 950 Arbour Lake Road NW Calgary T3G 5B3
$429,888Residential- Status:
- Active
- MLS® Num:
- A2218107
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,250 sq. ft.
This corner unit townhome is locate in an easy access to Crowfoot LRT+shopping+schools at walking distance, library, YMCA, banks and so much more. Bright open floor plan with 3 bedrooms on the upper floor and a fully developed basement. The floor plan is very efficient with a large living+dining room. Large window in the entire home. The kitchen has an eating area nook that has a back door access to deck. All of the bedrooms' are really good size and feature double closet in the Master. This unit is locate in a community that features a full lake facility w/year round activities for the entire family including swimming, boating, fishing, tennis & skating. You will not find better value in Arbour Lake for lake privileges. Call for a private showing. More detailsListed by AMP Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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315 Mountain Park Drive SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2237431
315 Mountain Park Drive SE Calgary T2Z 2L3
$798,800Residential- Status:
- Active
- MLS® Num:
- A2237431
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 2,462 sq. ft.
LAKE PRIVILEGES | 4 BEDROOMS UP | SPACIOUS LAYOUT | LARGE YARD | EXCELLENT LOCATION Welcome to 315 Mountain Park Drive SE in the highly sought-after community of McKenzie Lake, where lake access, recreation, and family-friendly living come together perfectly. This beautiful two-story home offers over 2,461 sq ft of living space above grade, featuring 4 generously sized bedrooms upstairs, including a spacious primary bedroom with a luxurious 4-piece en-suite and walk-in closet. The main floor features separate formal living and dining areas, a bright family room, and an open, well-appointed kitchen with extensive granite countertops, stainless steel appliances (including a brand-new gas range, 2024 refrigerator, and 2022 dishwasher), an oversized island, and ample cabinetry. The sunny breakfast nook overlooks the landscaped backyard, perfect for family gatherings, BBQs, and summer fun. Conveniently located on the main floor is a private office space ideal for work-from-home arrangements, alongside a laundry room featuring a brand-new washer and dryer. The developed basement adds 846 sq ft of finished living space, including a massive recreation room, games area, and plenty of storage. The basement also features brand-new carpets and has rough-in plumbing for a future bathroom. Additional updates include a roof replacement in summer 2019. This home is ideally positioned near exceptional amenities, including full lake privileges, Fish Creek Park trails, golfing, schools, and easy access to Deerfoot and Stoney Trail. It truly is the perfect family home in an unbeatable location. Don't miss your opportunity, schedule your viewing today! More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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31 Bridlewood Road SW in Calgary: Bridlewood Detached for sale : MLS®# A2237565
31 Bridlewood Road SW Calgary T2Y 3P9
$659,000Residential- Status:
- Active
- MLS® Num:
- A2237565
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 1,631 sq. ft.
Welcome to this beautifully renovated two-storey home, located in the highly sought-after community of Bridlewood! Boasting over 2,200 square feet of thoughtfully designed living space, this stunning residence offers a double attached garage and numerous upgrades throughout. Perfectly situated within walking distance to parks and offering convenient access to Stoney Trail, this home combines comfort, style, and location. The main floor showcases an open-concept layout, blending functionality and elegance. A convenient 2-piece powder room and laundry area complete this level. From the moment you step inside, you’ll be impressed by the spacious front entryway leading into a bright and welcoming living room featuring a cozy gas fireplace. The modern kitchen is a dream, complete with sleek quartz countertops, stainless steel appliances, a central island and ample cabinetry. The adjoining dining area flows seamlessly to the sun-soaked, south-facing backyard with a private deck and pergola—ideal for entertaining or relaxing outdoors. Upstairs, you’ll find four generously sized bedrooms, including an expansive primary suite with a walk-in closet and a luxurious 4-piece ensuite. A well-appointed 4-piece main bathroom completes the upper level. The fully finished basement offers even more living space, featuring a large recreation room, (currently set up as bedroom), a fifth bedroom, and an additional 4-piece bathroom with tons of storage options. The front driveway has been widened to add extra space for parking. Don’t miss your opportunity to own this move-in-ready home in one of Calgary’s most desirable family communities. Book your private showing today! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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113 Aspen Meadows Hill SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2231335
113 Aspen Meadows Hill SW Calgary T3H 0G3
$995,000Residential- Status:
- Active
- MLS® Num:
- A2231335
- Bedrooms:
- 2
- Bathrooms:
- 4
- Floor Area:
- 2,837 sq. ft.
This Manhattan loft-style home radiates urban sophistication with its industrial-inspired design and park-facing orientation. Enjoy sun-filled living across all levels with an East-facing front and West-facing rear exposure. Step through the private foyer into a flexible main-floor den or bedroom with a full bathroom. A custom steel barn door reveals a spacious family room with built-ins, a Murphy bed, a covered patio, and a sleek wet bar featuring a Sub-Zero fridge and dishwasher. Upstairs, the second level offers two bedrooms and a well-equipped laundry area with a sink and ample storage. The primary retreat boasts a renovated ensuite with a custom shower, indulgent soaker tub, dual sinks, a private balcony, and refined touches like designer lighting and elegant wallpaper. A second bedroom with its ensuite ensures comfort for guests. The top floor is designed for effortless entertaining, host in the stylish dining room, relax in the living room with balcony access and cook in a chef-inspired kitchen featuring a large island, Sub-Zero refrigerator with dual freezer drawers, 6-burner Wolf stove, and Bosch dishwasher. An elevator connects all floors to the secure double-attached garage. Outside, the beautifully landscaped courtyard and nearby amenities enhance the lifestyle experience. Bright, spacious, and luxurious, this home offers the perfect blend of comfort and modern design. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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23 Auburn Meadows Gardens SE in Calgary: Auburn Bay Detached for sale : MLS®# A2236483
23 Auburn Meadows Gardens SE Calgary T3M 2H8
$634,800Residential- Status:
- Active
- MLS® Num:
- A2236483
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,703 sq. ft.
**OPEN HOUSE - JULY 19, 2025 1:00 P.M. - 3:00 P.M.**. Welcome to this charming home nestled in the highly sought-after lake community of Auburn Bay, this beautifully maintained home offers the perfect blend of comfort, function, and charm. With three spacious bedrooms and 2.5 bathrooms, it’s an ideal space for families or anyone looking to settle into a vibrant, amenity-rich neighbourhood. As you enter, there is a spacious foyer waiting to welcome guests. As you continue, you’re immediately welcomed by a bright and open-concept main floor that invites you to feel right at home. The kitchen is the heart of the space, thoughtfully designed with granite countertops, a walk-in pantry, and plenty of room to create delicious meals and gather with loved ones. From there, the layout flows effortlessly into the dining area and cozy living room, where a charming fireplace sets the perfect ambiance for quiet evenings or lively get-togethers. It’s a space made for connection, comfort, and making memories. Upstairs, a versatile bonus room offers the perfect spot for movie nights, a playroom, or simply relaxing with a good book. The primary bedroom is a peaceful retreat, featuring a spa-like ensuite with a separate soaker tub and shower, plus a generous walk-in closet. Two additional bedrooms and a full bathroom complete the upper level, providing plenty of space for family and guests. The unfinished basement is a blank canvas—ready for your personal touch and already equipped with roughed-in plumbing, giving you endless possibilities to create the space of your dreams. Located just minutes from the lake, parks, schools, and a wide range of shopping, schools and dining options, this home offers more than just a place to live—it offers a lifestyle. Whether you’re enjoying a day at the beach, walking along scenic trails, or simply relaxing in your new home, you’ll love everything Auburn Bay has to offer. This is more than a home—it’s your next chapter. Welcome! 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 Royal Elm Drive NW in Calgary: Royal Oak Detached for sale : MLS®# A2237567
42 Royal Elm Drive NW Calgary T3G 5P7
$689,900Residential- Status:
- Active
- MLS® Num:
- A2237567
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,723 sq. ft.
Welcome to 42 Royal Elm Drive NW, a thoughtfully designed and beautifully maintained family home located in the desirable community of Royal Oak. With a fully developed basement and a smart, functional layout, this property offers the perfect combination of comfort, space, and flexibility in a family-friendly neighbourhood with easy access to transit, parks, and amenities. The main floor features a bright, welcoming layout ideal for both entertaining and everyday living. The kitchen comes equipped with a centre island with raised breakfast bar, a corner walk-in pantry, and plenty of counter space. It connects seamlessly to the sunlit dining area, which leads directly to the backyard. Step outside to your low-maintenance concrete patio, where you can enjoy summer BBQs or relax in the shade of three mature apple trees, offering both beauty and fresh fruit right at your doorstep. This level also features a formal living room and a cozy family room with a gas fireplace, providing multiple spaces to gather, unwind, or host guests. Upstairs, a generous bonus room offers excellent flexibility and can be used as a second family room, a home office, or even your own home theatre. The spacious primary bedroom provides a private retreat with a walk-in closet and a four-piece ensuite complete with a jetted soaker tub. Two additional bedrooms, a shared full bathroom, and convenient upper-floor laundry complete this level, offering practical living for the whole family. The fully developed basement adds even more versatility, featuring a large recreation room that can easily serve as a games area, home gym, or entertainment space. You’ll also find an additional bedroom and a full bathroom, perfect for guests, teenagers, or extended family. A dedicated utility room and extra storage space complete this level. The property also includes an attached double garage and a welcoming front foyer that sets the tone for this well-maintained home. Located in Royal Oak, you’ll enjoy extensive walking trails, parks, playgrounds, and natural wetland ponds right within the community. The location is ideal, with schools and the C-Train station within walking distance and easy access to Stoney Trail, Crowchild Trail, and other major routes. The new YMCA at Rocky Ridge, shopping centres, and the prestigious Renert private school are all just minutes away. If you’re looking for a well-cared-for home with space, comfort, and a smart layout in one of Calgary’s most desirable communities, this is it. Book your showing today and experience the lifestyle that Royal Oak has to offer. More detailsListed by MaxWell Central- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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72 Panatella Manor NW in Calgary: Panorama Hills Detached for sale : MLS®# A2230187
72 Panatella Manor NW Calgary T3K 0A7
$760,000Residential- Status:
- Active
- MLS® Num:
- A2230187
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,591 sq. ft.
Welcome to this meticulously maintained bi-level home tucked away on the quiet street of Panatella Manor. Inside a 1,591 sq.ft. main with all-tile flooring sets a classic low-maintenance tone throughout the main living spaces. The kitchen is thoughtfully designed with Samsung appliances, granite countertops, and abundant storage to keep everything organized and within reach. Additionally the main floor features two bedrooms, two full baths, and a spacious living room. An undeveloped basement with large windows invites endless possibilities to tailor additional living space to your needs and vision. Step outside to a beautifully landscaped backyard, ideal for entertaining or peaceful evenings under the open sky. The home’s exterior features a grade-level entrance finished with elegant tile, stone accents, and decorative railings, with a new roof coming soon enhancing its impressive curb appeal. Practical features include a water softener and underground sprinklers for added convenience. Residents of Panorama Hills enjoy exclusive access to the community centre and its private 6-acre park, complete with a water spray park, sport courts, basketball courts, playgrounds, picnic spaces, and more - a vibrant setting for active living and connection. An exceptional opportunity in one of Calgary’s most sought-after neighbourhoods. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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609 788 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2237345
609 788 12 Avenue SW Calgary T2R 0H1
$229,000Residential- Status:
- Active
- MLS® Num:
- A2237345
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 469 sq. ft.
Inner city living in a newer Condo building at an affordable price! Here is your chance to own a SLEEK and MODERN *studio suite* in desirable Xenex on 12th, an AWARD winning building. Access to everything,No car needed! This well DESIGNED condo feature an Open concept. Spacious kitchen with the eating bar and STAINLESS Steel appliances. Large living room area with a BALCONY with VIEWS. There is a den area with a built-in computer desk. INSUITE laundry and additional storage. Steps to grocery store, shopping, dining, cafes and only 6 blocks to LRT! Exceptional value. (There is no parking stall for this unit) More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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19 131 Templehill Drive NE in Calgary: Temple Row/Townhouse for sale : MLS®# A2237574
19 131 Templehill Drive NE Calgary T1Y 4T1
$304,900Residential- Status:
- Active
- MLS® Num:
- A2237574
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,114 sq. ft.
Welcome Home to this 2 story end unit which has one of the best locations in the complex, backing onto green space with south exposure for morning sun!. The main floor has a nice size kitchen, dining area. The large living room has patio doors that lead out to your private fenced yard and patio. BBQ is a breeze with gas line built in! The upstairs has a 4pc bath and 3 bedrooms. The basement is partially finished and is awaiting your finishing touches, but could easily accommodate a fourth bedroom. The green space behind is home to 2 schools, the community center, tennis courts, bike paths, skating rink and ball diamonds. The unit comes with 1 assigned stall number 308 and you can also rent other stalls if you need additional parking. there is lots of visitor & street parking should you have guests. More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated July 28, 2025 at 08:05 AM (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: Rural Wheatland County
220048 RR 212
$564,900
MLS®#: A2224407
Bedrooms: 4
Bathrooms: 2.0
CIR Realty