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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1116 604 East Lake Boulevard NE
East Lake Industrial Airdrie T4A 0G5

$259,900
Residential beds: 2 baths: 2.0 841 sq. ft. built: 2008

Main Photo: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 1: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 2: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 3: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 4: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 5: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 6: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 7: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 8: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 9: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 10: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 11: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 12: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 13: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 14: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 15: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Photo 16: 1116 604 East Lake Boulevard NE: Airdrie Apartment for sale : MLS®# A2235187
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2235187
Bedrooms:
2
Bathrooms:
2
Year Built:
2008
GROUND FLOOR UNIT! Great unit! Great price! 2 bed AND a DEN! And ALL Furniture INCLUDED! Walk into a nice UPDATED and Modern kitchen (YES QUARTZ countertops) with a peninsula island with eating bar. This opens on to the open living space large enough for a table and chairs (for a more social dining experience) and ample space for a couch or two to enjoy socializing, or to watch your favorite show. Off to either side are 2 good size bedrooms, 2 - 4 piece Bath (1 being an ensuite) and also a DEN/Storage! Did I mention in suite laundry? And there are sliding doors to your patio and some green space to enjoy the summer! The unit also comes with it's own assigned Parking Stall! VERY close to recreation (Genesis Centre steps away)...Legacy Loop walking trails...shopping...schools... Come have a LOOK!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
840.72 sq. ft.
Main Level Finished Area:
840.72 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$482.31
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, 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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2008 (Age: 17)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0913950
Heating:
Baseboard, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Metal Siding, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Outside, Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Edge
East Lake Industrial
Elevator(s), Visitor Parking
Dishwasher, Dryer, Electric Range, Range Hood, Washer, Window Coverings
All Furnishings - See Schedule "F" attached to Supplements
Pet Restrictions or Board approval Required, Pets Allowed
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
9'1" × 7'11"
Main Floor
Living Room
15'11" × 11'9"
Main Floor
Dining Room
11'9" × 9'4"
Main Floor
Den
8'11" × 6'7"
Main Floor
Bedroom - Primary
11'5" × 9'10"
Main Floor
Bedroom
12'10" × 8'11"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
4'11" x 7'1"
Main Floor
No
4
8'10" x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Ceiling Fan(s), No Animal Home, Open Floorplan, Quartz Counters, Storage
Exterior Features:
Private Entrance
Patio And Porch Features:
Patio
Num. of Parcels:
0
Region:
Airdrie
Zoning:
DC-29
Listed Date:
Jun 27, 2025
Days on Mkt:
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Listed by RE/MAX First
Data was last updated July 1, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
533
Avg list price:
$599,900
Min list price:
$199,900
Max list price:
$2,499,999
Avg days on market:
30
Min days on market:
1
Max days on market:
334
Avg price per sq.ft.:
$351.01
These statistics are generated based on the current listing's property type and located in Airdrie. 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