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.

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321 1808 36 Avenue SW
Altadore Calgary T2T 6J2

$375,000
Residential beds: 1 baths: 2.0 843 sq. ft. built: 2001

Main Photo: 321 1808 36 Avenue SW in Calgary: Altadore Apartment for sale : MLS®# A2227484
Photo 1: 321 1808 36 Avenue SW in Calgary: Altadore Apartment for sale : MLS®# A2227484
Photo 2: 321 1808 36 Avenue SW in Calgary: Altadore Apartment for sale : MLS®# A2227484
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Photo 19: 321 1808 36 Avenue SW in Calgary: Altadore Apartment for sale : MLS®# A2227484
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2227484
Bedrooms:
1
Bathrooms:
2
Year Built:
2001
If you’re after something with style and substance, this one checks the boxes. This two-level, loft-style condo is bright, bold, and full of personality. With soaring ceilings, massive windows, and an open layout, the space feels even bigger than its 850 square feet. The main floor has polished concrete floors with in-floor heat, a sleek kitchen with stainless steel appliances, and a dining/living area that opens to a private, tree-shaded balcony. There’s a cozy gas fireplace and a convenient half bath for guests. Head up the spiral staircase to your lofted primary suite with a full ensuite, custom wardrobe wall, in-suite laundry, and space for a desk or reading nook. There's even a second entrance up here—great for seconday access to the unit. Titled underground parking is included, and your condo fees cover all utilities—heat, electricity, water. And location? You’re right in Altadore—one of Calgary’s best inner-city communities. Walk to coffee, groceries, and Marda Loop’s shops. Quick access to downtown and 17th Ave. Parks and transit nearby. It’s the kind of spot you’ll want to show off. Looking for something with edge and charm in one of the city’s most-loved neighbourhoods? You found it. For more information and photos, click the links below!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Multi Level Unit
Total Living Area:
843.32 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$664.62
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Other
Entry Level:
3
Stories Total:
4
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2001 (Age: 24)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
0212072
Heating:
In Floor, Natural Gas
New Constr.:
No
Construction Material:
Brick, Concrete, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Concrete, Vinyl
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
0
Parking:
Parkade, Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Upper Level
Condo Fee Frequency:
Monthly
Gateway Marda Loop
Altadore
Parking, Snow Removal, Trash
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer
N/A
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Dining Room
10'4" × 6'2"
Main Floor
Kitchen
12'7" × 7'
Main Floor
Living Room
17'7" × 13'2"
2nd Floor
Bedroom
20'4" × 13'2"
2nd Floor
Laundry
8' × 7'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 4'7"
2nd Floor
Yes
4
7'11" x 5'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), High Ceilings, Open Floorplan, Vaulted Ceiling(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Jun 05, 2025
Days on Mkt:
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Listed by eXp Realty
Data was last updated June 24, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,125,000
Min list price:
$220,000
Max list price:
$2,880,000
Avg days on market:
32
Min days on market:
4
Max days on market:
299
Avg price per sq.ft.:
$586.12
These statistics are generated based on the current listing's property type and located in Altadore. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA