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.
BUNGALOWS FOR SALE IN CAPITOL HILL CALGARY
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1419 22 Avenue NW in Calgary: Capitol Hill Detached for sale : MLS®# A2206822
1419 22 Avenue NW Calgary T2M 1P9 
$1,575,000Residential- Status:
- Active
- MLS® Num:
- A2206822
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,774 sq. ft.
NEW PRICE! OPEN HOUSE: Tuesday, June 3: 12-4:30pm! BRAND NEW EXECUTIIVE BUNGALOW! This is a very rare opportunity to own a brand-new, 1,774 square foot inner-city bungalow situated on a 41' x 120' lot just steps from Confederation Park. Located on a quiet, tree-lined street in Capitol Hill, this masterfully designed home by Buci's Homes features a sunny, south-facing rear yard and an incredible open floor plan with undeniable grandeur. The home boasts massive 12-foot ceilings with a 14-foot vaulted section that showcases a stunning fireplace, expansive windows, and a spacious living area. Thoughtful architectural details include beamed ceilings, ultra-modern LED lighting, warm wood-toned built-ins, engineered hardwood flooring throughout, and central air conditioning to keep you comfortable year-round. The main floor's primary suite is a luxurious retreat featuring a large walk-in closet and a spa-like en-suite complete with a soaker tub, steam shower, heated tile floors, and dual vanities. The chef-inspired kitchen is designed for both functionality and style, offering stainless steel appliances, including a gas cooktop stove, built-in wall oven and microwave, and a large-format fridge/freezer combo. The centerpiece is a waterfall quartz island with extra storage, complemented by a walk-through butler’s pantry that also houses the laundry room for added convenience. The bright and open basement is an entertainer's dream, featuring media built-ins, a wet bar, a games area, two spacious bedrooms, a full bath, and plenty of storage space. It is also roughed-in for in-floor heating and central vacuum to enhance your living experience. With its meticulous design and premium finishes, this custom home must be seen to be fully appreciated. Schedule your private tour today and experience this extraordinary property for yourself! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1804 18 Avenue NW in Calgary: Capitol Hill Detached for sale : MLS®# A2207781
1804 18 Avenue NW Calgary T2M 0X5
$850,000Residential- Status:
- Active
- MLS® Num:
- A2207781
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 835 sq. ft.
CORNER LOT in Capitol Hill! DP APPROVED & Ready to Build: Prime 3-PLEX with Legal Basement Suites or 4-Plex with Upzone to HGO. Discover this beautiful CORNER LOT situated on a quiet street in Capitol Hill, perfect for a multi-family development. This property is MLI-SELECT eligible and comes with development permits already APPROVED, saving you both time and money on your project. With plans for 6 LEGAL SUITES, this location is highly desirable and conveniently close to LRT/transit, 16 Ave, SAIT, the University of Calgary, and Foothills Hospital, also making for a quick commute downtown. Plans available upon request! Currently, the property features a 2-bedroom bungalow with a 1-bedroom LEGAL suite. With a little TLC, the main floor, legal suite, and double detached garage can provide good rental income for buyers looking to hold the property long-term. Additionally, this property has potential as a HGO candidate due to its prime location, which would allow for increased density (ie. 4-Plex + Legal Basement Suites). Don’t miss out on this fantastic investment opportunity! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1903 24 Avenue NW in Calgary: Capitol Hill Detached for sale : MLS®# A2225890
1903 24 Avenue NW Calgary T2M 1Z4
$819,000Residential- Status:
- Active
- MLS® Num:
- A2225890
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,043 sq. ft.
CORNER LOT ***RCG *** PRIME LOCATION *** 75 FEET WIDE FRONT ***Alert: Builders, Investors & Live-Up / Rent Down Buyers! Rare find full size R-CG CORNER LOT home in Capitol Hill with a LEGAL BASEMENT SUITE. Bright & great layout 3-bedroom Bungalow with newer appliances (2023). Shared Laundry in basement’s Common Areas. It also has 2 Bedroom LEGAL Basement with separate entrance. Currently rented for $1500 + 40% Utilities. This home shows pride of ownership and has GREAT DEVELOPMENT POTENTIAL. Close to schools, parks/green spaces, University of Calgary, SAIT, transit and all other amenities. Call your favourite REALTOR to book your private tour now before the GEM is gone. More detailsListed by URBAN-REALTY.ca- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1108 18 Avenue NW in Calgary: Capitol Hill Detached for sale : MLS®# A2226284
1108 18 Avenue NW Calgary T2M 0V9
$599,900Residential- Status:
- Active
- MLS® Num:
- A2226284
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 722 sq. ft.
Welcome to this cozy and charming bungalow in the heart of Capitol Hill, one of Calgary’s most walkable and well-connected communities. Bursting with character and nestled on a mature, tree-lined street, this home is perfect for first-time buyers, downsizers, or investors looking for a prime inner-city location. Step inside to find a warm and inviting layout featuring a functional kitchen, spacious dining and living areas, an updated floor, a comfortable primary bedroom, and a 4-piece bathroom. The recently renovated basement (2024) offers some additional space. The standout sunroom adds an extra touch of charm—perfect for relaxing with a book or enjoying your morning coffee year-round. Outside, the beautifully landscaped yard and private patio offer a serene retreat surrounded by greenery—an ideal space for entertaining or unwinding after a long day. A new cedar fence was installed in 2022 on west side of property as well as new cedar walkway in 2023. Situated just minutes from SAIT, Confederation Park, North Hill Centre, Alberta University of the Arts, McMahon Stadium, and Foothills Hospital, this location is unmatched. Enjoy quick access to downtown, LRT & major transit routes, Highway 1, and University of Calgary, making commuting a breeze. Plus, with nearby shops, cafes, schools, and bike paths, everything you need is just steps away. This adorable home offers timeless charm in a truly unbeatable location—don’t miss your chance to call Capitol Hill home! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1515 24 Avenue NW in Calgary: Capitol Hill Semi Detached (Half Duplex) for sale : MLS®# A2214462
1515 24 Avenue NW Calgary T2M 1Y5
$549,999Residential- Status:
- Active
- MLS® Num:
- A2214462
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,018 sq. ft.
BANKRUPTCY SALE!!! This bright and spacious home offers stunning views of the Confederation Golf Course. The open main floor features a large living room and a dining area, creating an inviting space for relaxation and entertaining. The kitchen is well-equipped with plenty of cabinet space, making meal preparation a breeze. Two comfortable bedrooms and a full bathroom complete the main level. The fully finished basement provides additional living space with a private third bedroom, a large recreation room with a cozy gas fireplace, that could be used for a kids’ playroom or for hosting your friends or family. There is also a dedicated laundry area, a cold-storage pantry, and a large storage room for seasonal items or extra belongings. PLEASE NOTE, THE WINDOW IN THE BASEMENT BEDROOM IS NOT EGRESS. The south-facing yard fills the home with natural light and offers a perfect space for outdoor activities. Located just minutes from shopping, restaurants, schools, parks, and public transit, this home is also close to SAIT, the University of Calgary, and other key amenities, providing the perfect blend of convenience and peaceful living. Experience it in person, Schedule your showing today! More detailsListed by Greater Property Group- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1409 22 Avenue NW in Calgary: Capitol Hill Detached for sale : MLS®# A2225060
1409 22 Avenue NW Calgary T2M 1P9
$530,000Residential- Status:
- Active
- MLS® Num:
- A2225060
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 721 sq. ft.
Charming Character Home Across from Confederation Park! Welcome to this beautifully maintained 2-bedroom home tucked just past Capitol Hill—steps from the serenity of Confederation Park. Perfect for nature lovers, morning joggers, and anyone who loves scenic views right outside their window. Inside you’ll find: Two full bathrooms A fully developed basement (ideal for a rec room, guest space, or home office) A bright and cozy main floor with classic character details A large oversized garage with plenty of room for storage, toys, or a workshop Outside perks include: A welcoming front porch to enjoy your coffee or wave to the neighbours A spacious backyard perfect for summer BBQs, entertaining, or even a garden Mature trees and great curb appeal Located on a quiet street with quick access to downtown, SAIT, U of C, schools, and transit—this home has the location, charm, and function you've been waiting for. **PROPERTY IS CURRENTLY C/S AWAITING DEPOSIT** More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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