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.

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:

  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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Falconridge

BUNGALOWS FOR SALE IN SHAGANAPPI CALGARY

Forgot password Extend Verify Contact
1-4/4

  • 3004 13 Avenue SW in Calgary: Shaganappi Detached for sale : MLS®# A2207866

    3004 13 Avenue SW Shaganappi Calgary T3C 0V2
    Main Photo: 3004 13 Avenue SW in Calgary: Shaganappi Detached for sale : MLS®# A2207866

    3004 13 Avenue SW Calgary T3C 0V2 Shaganappi

    $1,295,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207866
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,166 sq. ft.
    Taking in the curb appeal of this home from the front street, you’ll be surprised by how deceptively large it is inside….providing a beautiful blend of almost 3000ft2 of sophisticated living space with quiet areas and room to spread out. Originally built in the 1950s and later expanded, you’ll benefit from the stylish mid century modern influence coupled with a substantially renovated home, including a beautiful legal 750 ft2 suite that was recreated from the walls in. The principal areas of this home flow seamlessly from the large living room to the dining area and entertainers dream kitchen with huge island housing built in appliances. A bright flex room sits at the back of the home with access to a private wrap around deck that can also be accessed from the kitchen/dining area. The volume of newer triple paned windows on all sides of the home provides an unmatched interior brightness and creates an exceptionally quiet and peaceful indoor environment. Three bedrooms can be found situated away from the common area on the main floor. A very private principal bedroom provides a cozy oasis for rest, while offering an abundance of built in closets, and a full ensuite. The secondary bedrooms bookend the renovated main bathroom.  The lower level of the principal residence provides even more built in storage, a great foyer from the double attached garage provides a versatile flex space. An additional 4th bedroom, well sized laundry room and new full bathroom round out this level. An amazing lower legal suite, registered with the city of Calgary, can be accessed from a completely separate entrance, providing privacy. Feeling more like a home than a suite, you’ll be greeted by a large foyer and down the hallway to an incredible space offering an open concept kitchen with full appliance package, comfortable living room and dining area, well sized bedroom, spa like bathroom and washer & dryer.  Perched on a corner lot, this incredible property has a view of the Shaganappi golf course, is walking distance to local schools, is within close proximity to the C-Train and is a quick commute by car to the downtown core. The extra wide lot provides enough lawn space remaining for your kids or dogs to enjoy. Showings by appointment only. No open houses are scheduled. More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS

  • 3011 12 Avenue SW in Calgary: Shaganappi Detached for sale : MLS®# A2196177

    3011 12 Avenue SW Shaganappi Calgary T3C 0S5
    Main Photo: 3011 12 Avenue SW in Calgary: Shaganappi Detached for sale : MLS®# A2196177

    3011 12 Avenue SW Calgary T3C 0S5 Shaganappi

    $1,100,000
    Residential
    Status:
    Active
    MLS® Num:
    A2196177
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    938 sq. ft.
    Situated on a 60x124 LOT with H-GO zoning in the highly sought-after Shaganappi neighborhood Located next to the LRT station, it offers exceptional connectivity and high rental demand, making it an excellent investment opportunity. Currently, this property features a beautifully renovated bungalow with an illegal basement suite, providing great potential for rental income while planning future development. The main floor boasts a spacious layout with 2 bedrooms, a living room, dining room, kitchen, and a 4-piece bath. The separate-entry basement includes 2 additional bedrooms, a large rec room, a kitchen, a 4-piece bath, and laundry, making it a turnkey rental opportunity. Hold and rent or redevelop for maximum returns—this prime location offers endless possibilities! Don’t miss out on this rare opportunity! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 1726 32 Street SW in Calgary: Shaganappi Detached for sale : MLS®# A2203169

    1726 32 Street SW Shaganappi Calgary T3C 1N5
    Main Photo: 1726 32 Street SW in Calgary: Shaganappi Detached for sale : MLS®# A2203169

    1726 32 Street SW Calgary T3C 1N5 Shaganappi

    $899,900
    Residential
    Status:
    Active
    MLS® Num:
    A2203169
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    966 sq. ft.
    ATTENTION BUILDERS, DEVELOPERS, & INVESTORS! Here is a rare investment opportunity in the sought-after community of Shaganappi! This 50 ft x 120 ft M-C1 zoned lot is perfect for redevelopment, whether you envision a duplex with suites or townhomes (subject to city approval). The existing home is a '50s era bungalow and features a 2-bed, 1-bath main floor and a 2-bed, 1-bath basement illegal suite (windows may not meet current egress requirements) - fully liveable & easily rentable while you do up plans and get your permits for development, providing an opportunity for additional rental income. The property also boasts a sizeable East-facing backyard and a single detached garage. Shaganappi is situated between the Bow River and Calgary’s vibrant urban core and offers the perfect blend of natural landscapes and city conveniences. With quick access to Bow Trail, Crowchild Trail, and the West LRT, downtown Calgary is less than 10 minutes away. The area is also home to several reputable schools, including Calgary Quest School, Wildwood School, and Alexander Ferguson School, making it an appealing choice for families. This location also enjoys easy access to the University of Calgary, Alberta Children’s Hospital, and Foothills Hospital. Seize this prime redevelopment opportunity in a thriving community—don’t miss your chance to invest in one of Calgary’s most desirable inner-city neighbourhoods! Reach out today for more information! More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 1701 32 Street SW in Calgary: Shaganappi Detached for sale : MLS®# A2210203

    1701 32 Street SW Shaganappi Calgary T3C 1N6
    Main Photo: 1701 32 Street SW in Calgary: Shaganappi Detached for sale : MLS®# A2210203

    1701 32 Street SW Calgary T3C 1N6 Shaganappi

    $799,900
    Residential
    Status:
    Active
    MLS® Num:
    A2210203
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,013 sq. ft.
    Disclosure: this is a civil enforcement listing and access for measurements isn’t possible at this time, all information contained has been taken from a previous listing. Showings may be permitted however not at this time. This property was previously listed so feel free to get more details from that. Once we receive an offer, the lawyer will request a judge to grant access to the property for a viewing/ home inspection provided that is a condition. Home being 'sold as is, where is'. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS
1-4/4
 <  1  > 
Data was last updated May 1, 2025 at 08:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson
Cell: 403-397-3706