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.

KILLARNEY HOMES & CONDOS FOR SALE FROM $475,000 to $575,000 IN SW CALGARY

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  • 3 2421 29 Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2202960

    3 2421 29 Street SW Killarney/Glengarry Calgary T3E 2K3
    Main Photo: 3 2421 29 Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2202960
    $549,999
    Residential
    Status:
    Active
    MLS® Num:
    A2202960
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,574 sq. ft.
    Experience modern inner-city living in Killarney without the million-dollar price tag! This front-facing townhome offers all the perks of homeownership with none of the hassle—no yard work, snow removal, or landscaping to worry about. Step inside to high ceilings and a stylish entry with built-in wardrobe and bench. The versatile front room can be a sitting area, playroom, office, or formal dining room. Gorgeous hardwood floors and tile flow throughout the main level, accented by under-mount lighting in the half bath and ceiling accents in the kitchen and living room. The kitchen boasts high-end built-in cabinetry, a five-burner gas stove, granite countertops, and a two-tier island. Enjoy cozy evenings by the gas fireplace in the living room, which overlooks the private, west-facing fenced backyard. The staircase leads to a bonus room with natural light, perfect for an office or extra living space. The front bedroom features French doors with a Juliet balcony and plenty of sunlight. The spacious primary bedroom includes built-in wardrobes, a walk-in closet, and a media or vanity area. The ensuite offers a large soaking tub, stall shower, and a long vanity with ample storage. The fully developed basement includes an additional bedroom, a luxury bathroom, and a flexible sitting room. Extra storage is available along the hallway, and built-in speakers are featured throughout. Enjoy a private backyard and covered garage parking with no maintenance required. The established Killarney neighbourhood offers numerous amenities including Killarney Pool, Good Companions Activity Centre, tennis courts, bike paths, and Shaganappi Point Golf Course—all within walking distance. Shopping, schools, and transit options, including the Shaganappi Point Train Station, are just minutes away. This Killarney townhome is a must-see! Come experience the perfect blend of comfort, convenience, and style. More details
    Listed by One Percent Realty
  • 1942 29 Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2225534

    1942 29 Street SW Killarney/Glengarry Calgary T3E 2J8
    Main Photo: 1942 29 Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2225534
    $549,900
    Residential
    Status:
    Active
    MLS® Num:
    A2225534
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,630 sq. ft.
    Imagine yourself in this perfectly located and sophisticated 3 bedroom brownstone home in beautiful Killarney. Just steps to the Killarney Recreation Centre/Pool with its large greenspace plus easy access to downtown, this is the lifestyle you've been desiring. Enjoy a flood of natural light that connects the spacious, tall and open floorplan starting with a chefs kitchen you will love - complete with stone counters, stainless appliances and plenty of cabinet space. Beside a large dining area, the living room centers around warm hardwood flooring and a cozy fireplace that will be a delight for entertaining. Or choose to spill outdoors onto the west facing balcony, which is also perfect for enjoying your morning coffee or evening barbeques. The upper floor includes the primary bedroom complete with a walk in closet, 2 more proper sized bedrooms, a laundry area and the bathroom spaces. Enter from the courtyard and discover your private fenced patio, leading into a large entry space which is also accessed from the attached garage. Central air offers your family comfort for those hot Summer days. I can’t stress enough how incredible the location is. This home boasts excellent walk, transit and bike scores. LRT stations, schools, numerous shops and services are all easily accessible by walking or cycling. Trendy 17th ave is also close with its numerous restaurants and entertainment options and leads right to the Saddledome. This is a unique and rare offering that is extrordinarily well cared for, you can’t afford to miss it. More details
    Listed by eXp Realty
  • 3 1930 26A Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2213891

    3 1930 26A Street SW Killarney/Glengarry Calgary T3E 2B7
    Main Photo: 3 1930 26A Street SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2213891
    $543,900
    Residential
    Status:
    Active
    MLS® Num:
    A2213891
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,480 sq. ft.
    Welcome to this modern END UNIT townhouse with LOW CONDO FEES & a SINGLE ATTACHED GARAGE in the heart of Killarney, arguably one of SW Calgary's most sought after communities with a great 10/10 location just off of 17th Ave nestled amongst Killarney off leash dog park, Shaganappi Park, Killarney Aquatic & Rec Centre, restaurants, close to downtown, shopping, parks & Westbrook Mall. This 2 bedroom 2.5 bathroom home features A/C, 9 ft ceilings, modern vinyl plank flooring, in unit laundry, tons of natural sunlight, quartz countertops, a modern kitchen with a trendy hexagon backsplash & stainless steel appliances. The OPEN CONCEPT main level greets you with an optimal layout & large windows for tons of natural sunlight seamlessly connecting the living room (with a gas fireplace feature) to the dining room, kitchen, balcony & half bathroom. The large upper level primary bedroom retreat features large windows, a 12 ft 7 apex vaulted ceiling & a 3-pc ensuite bathroom with a quartz countertop. Down the hall is the laundry closet & the second bedroom with a 4-pc full ensuite bathroom with another quartz countertop -that is correct, this home has 2 ensuite bathrooms! The lower level provides access to the garage and hosts an open space that is perfect for an exercise space or an office. This is an excellent complex in a great location that is AirBnB friendly that does not have many units come up for sale, especially at this price point! More details
    Listed by Grassroots Realty Group
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Data was last updated June 1, 2025 at 08:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706