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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NEXT Open House details
Aug 16, 2025 01:30 PM - 03:30 PM MDT

40 Seton Mews SE
Seton Calgary T3M 3G8

$749,900
Residential beds: 4 baths: 4.0 1,839 sq. ft. built: 2021

Main Photo: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
Photo 1: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
Photo 2: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
Photo 3: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
Photo 4: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
Photo 5: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
Photo 6: 40 Seton Mews SE in Calgary: Seton Detached for sale : MLS®# A2237052
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Open House - Aug 16, 2025
01:30 PM - 03:30 PM MDT
NOTES: Open House on Saturday, August 16, 2025 1:30PM - 3:30PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2237052
Bedrooms:
4
Bathrooms:
4
Year Built:
2021
*Open House on Saturday, August 16, 1.30-3.30pm* Welcome to 40 Seton Mews SE, where high-tech living meets smart investment opportunity in one of Calgary’s most exciting and vibrant communities. This exceptional home stands out with a fully developed legal basement suite featuring a private side entrance, its own kitchen, laundry, spacious living area, and a dedicated furnace—making it ideal for multi-generational living or generating reliable rental income (currently $1,500/month under a long-term contract). Add in the oversized double detached garage with Top-tier EV charging provision and you've got the full package. Built in 2021 and brimming with upgrades, this home offers state-of-the-art smart home features, including remote-operated smart locks, a Nest thermostat system with room-by-room sensors, and an EV-ready garage equipped for future solar installation. The main kitchen is a dream for any home chef, complete with sleek quartz countertops, modern cabinetry, and smart appliances that can be controlled directly from your phone. Step inside and you'll discover nearly 1,840 sq ft above grade, plus another 730 sq ft in the professionally finished basement. The main floor offers an open-concept layout with a generous living room, dedicated office, and modern dining area. Upstairs, the large bonus/family room is perfect for movie nights (especially with the Sony Bravia projector system that stays with the home), and the spacious primary suite includes a walk-in closet and private ensuite. Families will fall in love with the neighborhood—Seton is alive with energy, home to great parks, playful streets, and friendly neighbors. Kids walk to the nearby school bus stop, and the new HOA facility (coming by year-end) will bring even more community amenities. With the South Health Campus, shops, restaurants, and entertainment just minutes away, this location delivers convenience and lifestyle in one. Additional features include a new on-demand hot water heater, a 24/7 Lorex security camera system, upper-floor laundry, and a beautifully maintained private yard. Whether you're looking to live, invest, or both—this home checks every box. Schedule your showing today and see why 40 Seton Mews SE is the one you’ve been waiting for.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
2 Storey
Total Living Area:
1,839.29 sq. ft.
Main Level Finished Area:
880.25 sq. ft.
Upper Level Finished Area:
959.04 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
729.98 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
2,906 sq. ft.
Lot Frontage:
29'8"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2021 (Age: 4)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2011958
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Laundry Room, Upper Level
HOA Fee:
$375.00
Seton
None
Dishwasher, Dryer, Electric Range, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer
Lorex Securty Camera System, Sony Bravia projector system, EV Charger. Appliance in Suite: Dishwasher, electric stove, hood fan, fridge, washer & dryer.
Easement Registered On Title, Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Dining Room
11'5" × 7'1"
Main Floor
Foyer
14'1" × 5'
Main Floor
Living Room
16' × 13'2"
Main Floor
Office
11'10" × 7'5"
Main Floor
Kitchen
17'4" × 11'3"
2nd Floor
Bedroom
11'4" × 9'2"
2nd Floor
Bedroom
14'10" × 9'3"
2nd Floor
Family Room
13'6" × 12'9"
2nd Floor
Laundry
7'2" × 4'11"
2nd Floor
Bedroom - Primary
14'9" × 14'6"
Basement
Bedroom
11'11" × 9'7"
Basement
Kitchen
9'6" × 8'2"
Basement
Game Room
17'4" × 11'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 5'3"
2nd Floor
Yes
3
10'4" x 4'10"
2nd Floor
No
4
8'7" x 4'10"
Basement
No
4
8'4" x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Ceiling Fan(s), Kitchen Island, Quartz Counters, Separate Entrance, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Landscaped, Level, Low Maintenance Landscape, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Jul 30, 2025
Days on Mkt:
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    Legal Basement Suite
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    Legal Basement Suite
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    Legal Basement Suite
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    Legal Basement Suite
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Additional Images

Listed by RE/MAX iRealty Innovations
Data was last updated August 16, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
122
Avg list price:
$494,400
Min list price:
$228,900
Max list price:
$1,085,900
Avg days on market:
44
Min days on market:
2
Max days on market:
164
Avg price per sq.ft.:
$386.79
These statistics are generated based on the current listing's property type and located in Seton. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA