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 $375,000 to $475,000 IN SW CALGARY

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  • 652 Killarney Glen Court SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2209224

    652 Killarney Glen Court SW Killarney/Glengarry Calgary T3E 7H4
    Main Photo: 652 Killarney Glen Court SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2209224
    $449,998
    Residential
    Status:
    Active
    MLS® Num:
    A2209224
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,234 sq. ft.
    Welcome to this charming 2-bedroom, 1.5-bathroom townhome located in the highly sought-after community of Killarney. The main living area exudes warmth with a beautifully stoned gas fireplace — perfect for curling up with a good book on chilly evenings. The functional kitchen is outfitted with sleek stainless steel appliances and ample cabinet and counter space, making it as stylish as it is practical. Upstairs, you’ll find a modern, spa-inspired bathroom featuring a sleek standalone soaker tub — the ultimate retreat after a long day. Step outside to a generously sized east-facing deck, ideal for entertaining, soaking up the morning sun, or simply relaxing. This home also includes, CENTRAL AIR CONDITIONING UNIT for comfort during the summer months , SINGLE ATTACHED garage with a driveway, and offers easy access to shopping, major roadways, public transit, and the vibrant energy of trendy Marda Loop — filled with boutique shops, cafés, and restaurants. Don’t miss your chance to live in one of Calgary’s most desirable neighborhoods! ***VIRTUAL TOUR AVAILABLE*** More details
    Listed by Royal LePage Benchmark
  • 308 1939 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2223831

    308 1939 30 Street SW Killarney/Glengarry Calgary T3E 2L5
    Main Photo: 308 1939 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2223831
    $375,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223831
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    846 sq. ft.
    Urban living meets everyday comfort in this bright and stylish, freshly painted top-floor condo in Killarney. With park views, a smart layout, and an unbeatable location, this 2-bedroom unit offers the perfect balance of inner-city convenience and quiet residential charm. Step inside and you'll immediately appreciate the natural light pouring through the floor-to-ceiling windows in the living room, offering an open view of the green space just across the street. Whether you're enjoying a peaceful morning on your private east-facing balcony or watching the seasons change from your couch, this home delivers those little moments that make a big difference. The kitchen is well-equipped for cooking and entertaining with granite countertops, stainless steel appliances, and plenty of cabinet space. The open concept layout flows easily into the living and dining areas, making it easy to host friends or keep things relaxed and low key. The primary bedroom offers a generous walk-through closet that leads to a 4-piece ensuite, while the second bedroom is perfect for guests, roommates, or a dedicated work-from-home setup. Both bedrooms enjoy views of the park. Additional features include in-suite laundry, titled underground parking, and an assigned storage locker. You’ll love the quiet building, which is also pet-friendly, offering a welcoming environment for both you and your furry friends. Located just a 2-minute walk from public transit and only 10 minutes to the C-Train, commuting is a breeze. All levels of schools are nearby, making this a fantastic option for families, students, or anyone looking for a long-term home in a connected community. You'll also enjoy being just steps from local shopping, cafés, restaurants, and the Killarney Rec Centre. This is a great opportunity to get into a well-managed building in one of Calgary’s most vibrant and accessible neighbourhoods. Let’s get your showing booked—this one won’t last long! More details
    Listed by RE/MAX iRealty Innovations
  • 206 1939 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2227374

    206 1939 30 Street SW Killarney/Glengarry Calgary T3E 2L5
    Main Photo: 206 1939 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2227374
    $375,000
    Residential
    Status:
    Active
    MLS® Num:
    A2227374
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    811 sq. ft.
    **OPEN HOUSE - Sunday, June 8, 12PM - 2PM** Welcome to this beautifully designed and impeccably maintained two-bedroom, two-bathroom condo located in the heart of Killarney, one of Calgary’s most sought-after communities! This spacious and thoughtfully laid-out home offers heated floors throughout, ensuring year-round comfort and warmth. The inviting front entrance features a front closet and opens into a stunning open-concept living area filled with natural light. The modern kitchen is a chef’s dream, complete with granite countertops, stainless steel appliances, espresso cabinetry, a generous island with a custom wood eating bar, and a large pantry with a trendy barn door for added style and storage. The expansive living room overlooks a tranquil park and provides direct access to your private glass balcony, perfect for morning coffee or evening relaxation. The floor plan is ideal for privacy, with bedrooms located on opposite sides of the unit. The primary suite includes ample closet space and a private 4-piece ensuite, while the second bedroom/den (no window) is ideal for guests, a home office, or a cozy retreat. A stylish common 4-piece bathroom and convenient in-suite laundry complete the interior. Two titled underground parking stalls and a separate storage unit add to the incredible value of this property. Situated just off 17th Ave SW, this well-managed building offers the perfect balance of serenity and convenience—directly across from the park, pool, and recreation centre, and minutes from downtown, Westbrook LRT, shopping, and top-rated restaurants. Don’t miss your chance to own this exceptional home in a vibrant inner-city neighborhood. Book your showing today and experience all that Killarney living has to offer! More details
    Listed by CIR Realty
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Data was last updated June 8, 2025 at 10:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706