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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4107 17 Avenue SW
Glendale Calgary T3E 0C8

$3,200,000
Multi-Family 5,793 sq. ft. built: 2025

Main Photo: 4107 17 Avenue SW in Calgary: Glendale Row/Townhouse for sale : MLS®# A2194550
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2194550
Year Built:
2025
Elevate your real estate portfolio with this exceptional new 8-plex in Glendale, a thriving Calgary community known for its strong rental demand and excellent amenities. This purpose-built property features four townhomes, each offering three bedrooms, along with four well-designed 2-bedroom basement suites with private entrances—providing a highly desirable rental configuration for tenants and investors alike. Strategically located, this investment property offers unparalleled convenience with easy access to downtown Calgary, major roadways, schools, shopping, and transit, ensuring strong occupancy and above-average rental income potential. Built with low-maintenance exteriors and high-efficiency HVAC systems, this development is designed for long-term performance and minimal upkeep. Investors will appreciate the opportunity to leverage CMHC Select Financing, optimizing cash flow and maximizing returns. Whether you’re expanding your portfolio or securing a high-yield asset in a sought-after location, this turnkey property presents an incredible opportunity for stable rental income and long-term appreciation. The interiors boast quartz countertops, stainless steel appliances, black hardware, luxury vinyl plank flooring, and energy-efficient windows—all combining style and durability for maximum tenant appeal. Don't miss out on this rare, high-performing multi-unit property in Glendale—contact us today for more details!
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
2 Storey
Total Living Area:
5,793.35 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,631 sq. ft.
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:
Reg. Size:
Reg. Size Includes:
Year built:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
2002GS
New Constr.:
Yes
Structure Type:
Five Plus
Ensuite:
No
Garage:
0
Parking Places:
4
Parking Total/Covered:
4 / -
Glendale (Calgary)
Dishwasher, Range, Refrigerator
n/a
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone W
Zoning:
H-GO
Listed Date:
Feb 19, 2025
Days on Mkt:
  • Photo 1: 4107 17 Avenue SW in Calgary: Glendale Row/Townhouse for sale : MLS®# A2194550
    Photo 1 of 1
Listed by Greater Property Group
Data was last updated July 1, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,975,000
Min list price:
$899,000
Max list price:
$12,750,000
Avg days on market:
33
Min days on market:
4
Max days on market:
176
Avg price per sq.ft.:
$453.71
These statistics are generated based on the current listing's property type and located in Calgary. 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