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.
May 31, 2025
01:00 PM
-
04:00 PM
MDT
2616 11811 Lake Fraser Drive SE
Calgary
T2J 7J4
$290,000
Residential
beds: 2
baths: 1.0
739 sq. ft.
built: 2008
Open House
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May 31, 2025
01:00 PM
-
04:00 PM
MDT
NOTES: Open House on Saturday, May 31, 2025 1:00PM - 4:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2210686
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 2008
- Photos (32)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
**Open House - Saturday May 31, 1:00 pm - 4:00 pm** Welcome to The Gateway South Centre, located in the desirable community of Lake Bonavista and just steps away from Avenida Village. This second floor, south facing unit features two bedrooms, one bathroom, and underground parking. The open concept floor plan boasts 9-foot ceilings with an abundance of natural light. The kitchen offers an extended granite breakfast bar, along with a striking backsplash, stainless steel appliances, and ample cupboard space. The open living room and dining area makes a superb space for entertaining friends and family – leading out to the covered balcony with gas hookup and south-facing views. The primary bedroom is generously sized and features a walk-through closet that connects to the 4-piece bathroom. The second bedroom is large and enjoys abundant natural light from south-facing windows. In this beautiful unit, you will also find in-suite storage with a stacked washer/dryer in addition to 1 titled parking stall conveniently located in the heated underground parkade. Take advantage of all the amenities this well managed complex has to offer. Two guest suites for your overnight guests, in addition to a well-equipped fitness centre and two recreation/social rooms for your convenience with ample of visitor parking. Geothermal heating paired with green technology empowers residents to control heating and air conditioning individually in their units. With concrete walls between suites, this building offers excellent soundproofing. Plus, the condo fees include all utilities - electricity, heat and water! The location can’t be beat, within a 2-block walk of the building, you will find the Avenida Shopping complex with a Tim Horton's, Yoga Studio, The Avenida Food Hall, Medical Clinic, Pharmacy and so much more! Enjoy easy access to Macleod Trail and Anderson Road, with Southcentre Mall and Anderson C-Train Station less than 5 minutes away. Take advantage of the location of this very well-maintained pet friendly building. See it for yourself, book your private tour today!
- Property Type:
- Residential
- Property Sub Type:
- Apartment
- Condo Type:
- Conventional Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- Apartment-Single Level Unit
- Total Living Area:
- 739 sq. ft.
- Main Level Finished Area:
- 739 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- Condo Fee:
- $646.58
- Condo Fee Includes:
- Common Area Maintenance, Electricity, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash
- HOA Fee Includes:
- Signup
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- East
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Unit Exposure:
- South
- Floor Location:
- Other
- Entry Level:
- 2
- Stories Total:
- 4
- Levels:
- Single Level Unit
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 5
- Year built:
- 2008 (Age: 17)
- Bedrooms:
- 2 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0 (Full:1, Half:0)
- Plan:
- 0614475
- Heating:
- Geothermal
- New Constr.:
- No
- Construction Material:
- Brick, Concrete, Stone
- Structure Type:
- Low Rise (2-4 stories)
- Ensuite:
- No
- Flooring:
- Carpet, Linoleum
- Cooling:
- Central Air
- Fireplaces:
- 0
- Garage:
- 0
- Parking:
- Parkade, Stall, Underground
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- In Unit, Laundry Room
- Condo Fee Frequency:
- Monthly
- Gateway Southcentre
- Lake Bonavista
- Elevator(s), Fitness Center, Guest Suite, Party Room, Recreation Facilities, Recreation Room, Visitor Parking
- Dishwasher, Garburator, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- N/A
- Pet Restrictions or Board approval Required, Pets Allowed
- Yes
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 67'6" × 35'10"
- Main Floor
- Kitchen
- 34'2" × 27'11"
- Main Floor
- Dining Room
- 31'5" × 28'2"
- Main Floor
- Bedroom - Primary
- 50'7" × 33'11"
- Main Floor
- Bedroom
- 39'1" × 28'2"
- Main Floor
- Laundry
- 24'1" × 15'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 15'10" x 26'
- Title to Land:
- Fee Simple
- Community Features:
- Clubhouse, Park, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
- Interior Features:
- Granite Counters, No Animal Home, No Smoking Home, Open Floorplan, Storage, Walk-In Closet(s)
- Exterior Features:
- Balcony, BBQ gas line, Courtyard, Lighting
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- DC
- Listed Date:
- Apr 16, 2025
- Days on Mkt:
- Signup
-
Welcome to Unit 2616 - Virtually Staged -
Virtually Staged
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Photo 3 of 32
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Photo 4 of 32
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Virtually Staged
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Photo 6 of 32
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Primary Bedroom - Virtually Staged
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Primary Bedroom
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Primary Bedroom: walk-through closet to 4 piece bathroom
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4 piece bathroom
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Second Bedroom - Virtually Staged
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Second Bedroom
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In-Suite Laundry / Storage Room
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South Facing Balcony w/ Gas Line
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Titled Underground Parking, Stall #462
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Main Entrance Lobby
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Main Entrance Lobby
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South Entrance Lobby and Mailroom
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Guest Suite #1
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Guest Suite #2
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Fitness Room
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Fitness Room
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Fitness Room
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Lounge/Party Room
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Lounge/Party Room
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Lounge/Party Room
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Photo 27 of 32
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Photo 28 of 32
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Photo 29 of 32
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Courtyard
-
Courtyard
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Courtyard
Listed by RE/MAX iRealty Innovations
Data was last updated May 30, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $725,000
- Min list price:
- $279,972
- Max list price:
- $1,470,000
- Avg days on market:
- 15
- Min days on market:
- 1
- Max days on market:
- 70
- Avg price per sq.ft.:
- $533.41
These statistics are generated based on the current listing's property type
and located in
Lake Bonavista. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
111 - 338 Seton Circle Southeast
$290,000
MLS®#: A2215400
Bedrooms: 2
Bathrooms: 1.0
Floor Area: 654.17 sq. ft.
CIR Realty