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.

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No matter which method you choose, I'm always here to assist you with your real estate needs.

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412 46 Avenue SW
Elboya Calgary T2S 1B7

$1,049,000
Residential beds: 3 baths: 2.0 1,616 sq. ft. built: 1953

Front Garden, facing South
Photo 1: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 2: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 3: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 4: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 5: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 6: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 7: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 8: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 9: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 10: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 11: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 12: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 13: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 14: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 15: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 16: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 17: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 18: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 19: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 20: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 21: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 22: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 23: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 24: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 25: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 26: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 27: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 28: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 29: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 30: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 31: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 32: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 33: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 34: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 35: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 36: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 37: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 38: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 39: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 40: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 41: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 42: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 43: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 44: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 45: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 46: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 47: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 48: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 49: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Photo 50: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2246618
Bedrooms:
3
Bathrooms:
2
Year Built:
1953
Very interesting property in the wonderful Elboya district! The home is beautifully located close to Elboya Park, and Stanley Park in one of the highly desired parts of Elboya with many lovely homes. One very interesting feature, is that the rear garden and driveway backs directly onto Brunswick Avenue. The home had a major addition plus renovations several years ago. There is a double rear garage attached under part of this addition with a driveway giving access to Brunswick Avenue. One of the first built homes (1953) solid and ready for your own further decorating ideas. With the natural rear slope of the property it is also perfectly situated for your new dream home with a walk out lower level! The garden is full of mature trees in clouding tall fir trees. There are several varieties of fruit bearing trees and shrubs. One can choose different outdoor sitting areas, plus a balcony/porch off the family room over looking the rear garden. The garden has a very comfortable peaceful country/ cottage feel, with lots of birds, even blue jays. Newer maple kitchen cabinets and quality appliances including a JennAir downdraft counter top, plus a Bosch built in oven. Newer laundry room cabinets and washer/dryer. Solid oak and maple floors through most of the main floor, plus the raised floors in the lower level. The large bath in the lower level has a built in sun tanning system, plus room for some gym equipment.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,615.67 sq. ft.
Main Level Finished Area:
1,615.67 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,040 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
533 sq. ft.
Lot Frontage:
50'½"
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:
South
Reg. Size:
Reg. Size Includes:
Floor Location:
Ground
Levels:
One
Total Rooms Above Grade:
7
Year built:
1953 (Age: 72)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7887GH
Heating:
Forced Air, Natural Gas
Basement:
Partially Finished, See Remarks, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Cedar, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Brick Facing, Family Room, Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached, Garage Faces Rear, Rear Drive
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Elboya
Built-In Oven, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer/Dryer
Existing window coverings
None Known
Floor
Type
Size
Other
Main Floor
Living Room
14' × 12'3"
Main Floor
Dining Room
16'10" × 12'7"
Main Floor
Kitchen
12'6" × 12'3"
Main Floor
Family Room
18' × 12'
Main Floor
Bedroom - Primary
12'8" × 12'4"
Main Floor
Bedroom
12'4" × 10'2"
Main Floor
Den
10'2" × 9'2"
Lower Level
Game Room
25'9" × 12'9"
Basement
Bedroom
12'5" × 11'
Basement
Laundry
12'5" × 6'
Basement
Other
20'9" × 10'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'7" x 7'7"
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bookcases, Kitchen Island, No Animal Home, No Smoking Home
Exterior Features:
Balcony, Garden, Rain Gutters
Patio And Porch Features:
Balcony(s)
Lot Features:
Irregular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Aug 08, 2025
Days on Mkt:
  • Photo 1: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Garden, facing South
  • Photo 2: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Garden
  • Photo 3: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Garden
  • Photo 4: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Deck
  • Photo 5: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Rear Deck
  • Photo 6: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Rear Deck, access to balcony, ebtry to family room
  • Photo 7: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Deck
  • Photo 8: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Frint Entrance Walkway
  • Photo 9: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Rear Balcony
  • Photo 10: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Entry
  • Photo 11: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Garden
  • Photo 12: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Kitchen, built in oven and cook top
  • Photo 13: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Kitchen
  • Photo 14: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Kitchen
  • Photo 15: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Family Room, patio Door Access to Balcont/Deck
  • Photo 16: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Family Room, Wood Burning Fireplace
  • Photo 17: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Family Room
  • Photo 18: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Family Room, with Mulitiple built in Bookcases
  • Photo 19: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Dining Room/ or could be the Living Room
  • Photo 20: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Dining Room
  • Photo 21: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Living Room/ or could be the Dining Room
  • Photo 22: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Dining or Living Room
  • Photo 23: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Dining or Living Room
  • Photo 24: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Den
  • Photo 25: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Bedroom
  • Photo 26: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Bedroom
  • Photo 27: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Living Room
  • Photo 28: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Principal Bedroom
  • Photo 29: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Principal Bedroom
  • Photo 30: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Front Entry
  • Photo 31: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Stairs to Lower Level
  • Photo 32: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Recreation Room, Lower Level
  • Photo 33: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Recreation Room
  • Photo 34: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Laundry Room, Lower Level
  • Photo 35: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Bedroom Lower Level
  • Photo 36: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Bath off Den
  • Photo 37: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Photo 37 of 50
  • Photo 38: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Photo 38 of 50
  • Photo 39: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Bath off Den
  • Photo 40: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Bath off Den
  • Photo 41: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Photo 41 of 50
  • Photo 42: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Rear Garage, Facing Brunswick Avenue
  • Photo 43: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Rear Garage
  • Photo 44: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Rear Garage and Balcony/Deck
  • Photo 45: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Playground, very close
  • Photo 46: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Playground
  • Photo 47: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Elboya Park, Steps Away
  • Photo 48: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    Floor Plan
  • Photo 49: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    RPR
  • Photo 50: 412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
    412 is Second from the end on 46 Ave., note rear driveway faces Brunswick Avenue.
Listed by CIR Realty
Data was last updated August 14, 2025 at 04:09 PM (UTC)
Area Statistics
Listings on market:
6,936
Avg list price:
$569,900
Min list price:
$1,000
Max list price:
$13,500,000
Avg days on market:
35
Min days on market:
0
Max days on market:
748
Avg price per sq.ft.:
$412.3
These statistics are generated based on the current listing's property type and located in Calgary. 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