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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105 670 PRINCETON Way SW
Eau Claire Calgary T2P 5K2

$920,000
Residential beds: 2 baths: 2.0 1,330 sq. ft. built: 2002

Main Photo: 105 670 PRINCETON Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2229364
Photo 1: 105 670 PRINCETON Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2229364
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2229364
Bedrooms:
2
Bathrooms:
2
Year Built:
2002
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.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
1,330 sq. ft.
Main Level Finished Area:
1,330 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,580.41
Condo Fee Includes:
Caretaker, Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
HOA Fee Includes:
Lot Area:
0 sq. ft.
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:
Front Exposure:
Southeast
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northeast
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
End Unit
Total Rooms Above Grade:
5
Year built:
2002 (Age: 23)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0210494
Heating:
In Floor, Natural Gas
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
Low Rise (2-4 stories)
Roof:
See Remarks
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
Titled, Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Princeton Waterfront
Eau Claire
Elevator(s), Secured Parking, Storage
Dishwasher, Dryer, Gas Cooktop, Microwave, Oven-Built-In, Range Hood, Refrigerator, Washer
NONE
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
19'3" × 11'10"
Main Floor
Dining Room
19'3" × 7'11"
Main Floor
Kitchen
12'5" × 8'3"
Main Floor
Bedroom - Primary
14'1" × 11'3"
Main Floor
Bedroom
11'9" × 11'1"
Main Floor
Laundry
6'5" × 6'5"
Main Floor
Breakfast Nook
10'5" × 8'11"
Main Floor
Walk-In Closet
10' × 6'5"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
Main Floor
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool
Interior Features:
High Ceilings, No Animal Home, No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Front Porch, Patio, Rear Porch, Terrace
Lot Features:
Backs on to Park/Green Space, Corner Lot, Environmental Reserve, Level, Views
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Jun 10, 2025
Days on Mkt:
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Virtual Tour

Listed by RE/MAX Realty Professionals
Data was last updated August 5, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$1,095,000
Min list price:
$199,000
Max list price:
$7,500,000
Avg days on market:
61
Min days on market:
6
Max days on market:
479
Avg price per sq.ft.:
$741.4
These statistics are generated based on the current listing's property type and located in Eau Claire. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA