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 MCKENZIE TOWNE CALGARY
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167 Elgin Meadows Way SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2222877
167 Elgin Meadows Way SE Calgary T2Z 0W7 
$739,900Residential- Status:
- Active
- MLS® Num:
- A2222877
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,320 sq. ft.
This stunning updated bungalow features 3 spacious bedrooms and 3 modern bathrooms across 2,640ft2 of total space. The modern, open concept, fully permitted, illegal basement suite offers opportunities for multi-generational living, long term rental or Air BNB to help with the affordability of the home. To add to the appeal of the suite, you have a separate laundry room down here as well! Enjoy the comfort of central A/C (2020), a cozy fireplace, and a private, zeroscaped backyard perfect for relaxation. There are no neighbours behind, which adds even more appeal, and the deck and patio will be amazing spaces for you to spend time listening to the frogs after a rain, soaking up the sun or hiding in the shade on a hot afternoon. The landscaping will amaze and show the love that’s been poured into the home, a trained eye will even notice the kiwi vines… and yes kiwi’s do grow in Calgary! Updates abound on the main floor from 2021 when they added more hardwood, removed some areas of carpet and refinished the original hardwood. The kitchen received a facelift as well with new quartz counters, backsplash appliances and a main floor laundry room that is all about functionality and convenience. Even the washer & dryer were replaced in 2023! The bathrooms weren’t forgotten either featuring new vanities, paint, mirrors, and flooring. The gorgeous gas fireplace was re-tiled in 2021 as well and is flaunting a marble trim to highlight the ceramic tile. Of course, the primary bedroom is set up with all the creature comforts you’ll need, including a walk-in closet and 4-pc ensuite. With 9’ ceilings on both levels, you’ll be tempted to engage the wired surround sound and in-ceiling speakers. The double rear attached garage adds convenience, and your car will thank you for the paved alley. Mechanical features include a high efficient furnace, new hot water tank, water softener and of course the aforementioned Central A/C.This location offers easy access to parks and local amenities. Don't miss out on this fantastic opportunity for stylish living, we’re happy to accommodate your showing needs! More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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102 Prestwick Gardens SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2220093
102 Prestwick Gardens SE Calgary T2Z 3V4
$399,900Residential- Status:
- Active
- MLS® Num:
- A2220093
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,132 sq. ft.
Full townhouse with no neighbours up and down. Fabulous condo situated in the heart of popular McKenzie Towne. This spacious 2 bed/2 bath unit boasts two patios and tons of windows to flood it with natural light. Featuring an open concept floorplan and a great U-shaped kitchen keeps you connected with guests while entertaining. The great room features a cozy gas fireplace and leads to one of the balconies while the dining area has access to the second balcony. The large primary bedroom is equipped with an ensuite and wonderful windows. There is also a second good-sized bedroom and 4 piece bath. Convenient laundry room and walk in utility area that’s great for extra storage. The single attached garage has a storage alcove to the side of it, handy for all your storage needs. This exceptional property is turnkey ready! Steps from shopping centres, transit and easy access to Deerfoot/Stoney trail. More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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535 Mckenzie Towne Close SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2224428
535 Mckenzie Towne Close SE Calgary T2Z 1A8 OPEN HOUSE: Jun 14, 202512:00 PM - 02:00 PM MDTOpen House on Saturday, June 14, 2025 12:00PM - 2:00PM
$335,000Residential- Status:
- Active
- MLS® Num:
- A2224428
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,083 sq. ft.
**OPEN HOUSE SAT JUNE 14 12:00 - 2:00** This is a very special unit. LIKE NEW!!! Although it is below grade, the home is impressively flooded with natural light, creating a warm and inviting atmosphere throughout. Beautifully renovated with top-quality finishes, this 2-bedroom, 2-bathroom condo offers exceptional value and includes two parking stalls—one titled and one assigned. Some of the many reasons to love this home include brand new laminate flooring, fresh paint throughout, a new hot water on demand system, air conditioning, and a reverse osmosis system. The home is thoughtfully updated with soft-close kitchen cabinetry, quartz countertops in both the kitchen and bathrooms, a decorative tiled foyer, modern light fixtures, and a stylish coffee/wine bar that adds both counter space and extra storage. The spacious, open-concept layout includes a generous dining area that’s perfect for entertaining. The large primary bedroom features a full ensuite, while the second bedroom is equipped with a Murphy bed (mattress not included), making the space incredibly versatile for guests or a home office. Step outside to your private patio retreat, complete with composite deck tiles and a shade sail—ideal for relaxing or entertaining on warm summer evenings. This stunning condo seamlessly blends comfort, style, and functionality in a bright, sun-drenched below-grade unit. Book your showing today—seeing is believing! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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