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.

RICHMOND HILL HOMES & CONDOS $275,000 to $375,000 CALGARY

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  • 605 1900 25A Street SW in Calgary: Richmond Apartment for sale : MLS®# A2225575

    605 1900 25A Street SW Richmond Calgary T3E 1Y5
    Main Photo: 605 1900 25A Street SW in Calgary: Richmond Apartment for sale : MLS®# A2225575
    $359,900
    Residential
    Status:
    Active
    MLS® Num:
    A2225575
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,164 sq. ft.
    Beautifully upgraded 2-storey penthouse loft, offering impressive downtown skyline views! Enjoy the downtown lifestyle in a thoughtfully designed space filled with natural light, soaring vaulted ceilings, and elegant finishings throughout. This one-of-a-kind home features extensive renovations, including brand new luxury vinyl plank flooring, quartz countertops and stylish subway tile backsplash, new stainless steel appliances, fresh designer paint and modernized bathrooms, full-size stacked washer & dryer. The open-concept main floor creates a welcoming and flexible living space, with a versatile room behind French doors — perfect for a home office, second bedroom, or creative studio. Upstairs, the lofted primary suite overlooks the main level and includes a generous closet with additional storage space. Perfectly positioned in Calgary’s vibrant inner city — just steps to 17th Avenue, transit, parks, and all the amenities you could ask for — this stylish penthouse is ideal for those who value character, comfort, and location. Urban living meets elevated design with concrete construction. — a must-see for the buyer with discerning taste! More details
    Listed by eXp Realty
  • 406 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2222718

    406 2505 17 Avenue SW Richmond Calgary T3E 7V3
    Main Photo: 406 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2222718
    $329,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222718
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    623 sq. ft.
    Step into modern urban living with this oversized one-bedroom unit, where floor-to-ceiling windows and an airy open-concept layout create a bright and inviting atmosphere. The spacious main foyer welcomes you into this thoughtfully designed home, leading seamlessly to the heart of the unit—the sleek and contemporary kitchen. Featuring a gas cooktop, stainless steel appliances, quartz countertops, and custom-fitted cabinetry, this culinary space is as functional as it is stylish. A convenient breakfast bar offers a casual dining option, while an adjacent area provides room for more formal dining. Beyond the kitchen, the living room is a showstopper, bathed in natural light from the expansive windows that frame stunning east-facing views of downtown. Generously sized, this space effortlessly connects to the open floor plan, offering both comfort and versatility. Step outside onto the large private deck, where the city skyline serves as the perfect backdrop for relaxing mornings or entertaining guests. The spacious bedroom, located just off the main living area, continues the theme of light and openness with its own floor-to-ceiling windows and captivating downtown views. Designed for convenience, the elegantly finished bathroom is easily accessible from both the bedroom and the main living space. This premium unit also comes with valuable extras, including a heated underground parking stall, a secure storage unit, and dedicated bike storage—ideal for urban dwellers seeking both comfort and practicality. Perfectly positioned on vibrant 17th Avenue, this residence offers quick access to the best dining, entertainment, and amenities the city has to offer. With in-unit laundry and a smartly designed layout that maximizes every inch of space, central air conditioning and the availability of fiber optic data - this modern apartment stands out with its premium finishes and unparalleled location. To top it off, buyers have the opportunity to assume a 1.79% MORTGAGE RATE until July 2026. Don't miss out on this exceptional inner-city home! More details
    Listed by RE/MAX First
  • 101 2005 24 Street SW in Calgary: Richmond Apartment for sale : MLS®# A2223932

    101 2005 24 Street SW Richmond Calgary T3E 1T1
    Main Photo: 101 2005 24 Street SW in Calgary: Richmond Apartment for sale : MLS®# A2223932
    $309,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223932
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    760 sq. ft.
    Welcome to Unit 101 at 2005 24th Street SW — a beautifully updated 2-bedroom condo nestled in the vibrant community of Richmond. This ground-level condo features a modern, open-concept layout with bright natural light and updated vinyl plank flooring. The spacious living area is anchored by a cozy gas fireplace, perfect for Calgary’s cooler evenings, and opens to a private patio — ideal for relaxing or entertaining. The kitchen is outfitted with crisp white cabinetry, matching bathroom finishes, and functional design throughout. Both generously sized bedrooms include large closets, offering ample storage. Situated steps from 17th Ave SW and Crowchild Trail, you’ll enjoy unmatched access to downtown, the University of Calgary, Mount Royal University, and the Killarney Aquatic & Recreation Centre. Public transit is highly accessible, including proximity to LRT making commuting a breeze. Whether you're a first-time buyer or investor, this home is a must-see. Book your showing today with your favourite REALTOR® and make this exceptional unit your own! More details
    Listed by eXp Realty
  • 108 1900 25A Street SW in Calgary: Richmond Apartment for sale : MLS®# A2226505

    108 1900 25A Street SW Richmond Calgary T3E 1Y5
    Main Photo: 108 1900 25A Street SW in Calgary: Richmond Apartment for sale : MLS®# A2226505
    $225,000
    Residential
    Status:
    Active
    MLS® Num:
    A2226505
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    836 sq. ft.
    A Great Two bedroom and One bathroom condo with a large patio in a quiet building. Ground floor unit. The living room has patio doors that open to your own private patio. Well maintained unit and great square footage for this price. A Seventh floor social room and balcony with spectacular city views. Underground heated parking is additional feature. Easy access to 17th Ave and public transit. Very close to Killarney Pool and Recreational Center. Overall is good location condo. With easy access to shopping, transit, and only minutes to downtown or a short walk to the LRT, this location truly has it all. More details
    Listed by Century 21 Bravo Realty
  • 107 1900 25A Street SW in Calgary: Richmond Apartment for sale : MLS®# A2219477

    107 1900 25A Street SW Richmond Calgary T3E 1Y5
    Main Photo: 107 1900 25A Street SW in Calgary: Richmond Apartment for sale : MLS®# A2219477
    $219,000
    Residential
    Status:
    Active
    MLS® Num:
    A2219477
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    721 sq. ft.
    Nestled just steps from the lively 17th Avenue area, this charming two-bedroom condo blends comfort with convenience. The thoughtfully designed interior boasts a bright, open-concept layout complemented by a generous private patio perfect for unwinding. A contemporary kitchen showcases sleek stainless steel appliances, stylish tile backsplash, and abundant counter and cupboard space. The sunlit living and dining areas face south, creating a warm atmosphere ideal for hosting or relaxing. The primary bedroom offers dual built-in closets, while the second bedroom is spacious and versatile. A renovated 4-piece bathroom features modern upgrades including sink, faucet, and lighting. Additional perks include in-suite laundry and dedicated storage. Step outside to a sprawling patio that opens to a landscaped communal courtyard, plus access to a shared rooftop patio for even more outdoor enjoyment. The unit comes with a covered, gated, and secure parking stall, and there’s plenty of extra street parking nearby. With easy access to shopping, transit, and only minutes to downtown or a short walk to the LRT, this location truly has it all. More details
    Listed by Homecare Realty Ltd.
  • 6 2121 26 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2223993

    6 2121 26 Avenue SW Richmond Calgary T2T 1E7
    Main Photo: 6 2121 26 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2223993
    $179,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223993
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    653 sq. ft.
    Tenant but 24 hrs notice not required but there is time restrictions as she works from home. We also need a full 3 months for possession. She pays $1250 per month. This small 6 unit building was completely renovated in the summer of 2006 and offers low condo fees! The updates go well beyond the cosmetic features of the units. The wiring, plumbing and exterior of the building have all been addressed. You enter the unit through your own private entrance directly from the front of the building. When you enter the unit you will love how bright and wide open it is. The updates are top quality and very modern. The updates include refinished hardwood flooring in the living room, hallway and rear bedroom, tile flooring in the kitchen and bathroom, brand new shaker kitchen cabinets, knock down stipple ceiling, rounded corner bead and all 4 kitchen appliances are stainless steel. There is also a front loading washer/dryer in the suite as part of the renovation. The living room is very bright and an excellent size for entertaining. The kitchen has room for a large table and tons of counter top working area. The bedroom offers two large windows and a good size walk in closet with organizer . Private parking stall at the rear of the unit with alley access (north stall) Located on a bus route with great access to downtown, Marda Loop and the 17 Ave shopping. More details
    Listed by MaxWell Capital Realty
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Data was last updated June 6, 2025 at 04:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706