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.

TOWNHOUSE FOR SALE CALGARY

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  • 2001 2231 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2149581

    2001 2231 81 Street SW Springbank Hill Calgary T3H 3V8
    Main Photo: 2001 2231 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2149581
    $706,125
    Residential
    Status:
    Active
    MLS® Num:
    A2149581
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,533 sq. ft.
    This delightful Heritage model townhome in Juniper offers a perfect blend of comfort and style, making it an ideal choice for families and professionals. Featuring a den on the first floor that can be a perfect home office, this spacious home includes 3 bedrooms and 2.5 bathrooms (including an ensuite). The open-concept living and dining area is designed for modern living and entertaining, with rooms filled with natural light, creating a warm and inviting atmosphere. The kitchen boasts an elegant quartz countertop breakfast bar and stainless steel appliances. Enjoy the professionally landscaped front yard and convenient single-attached garage with additional parking on the driveway. Located in the vibrant Springbank Hill community, this home is close to Aspen Landing Shopping Centre, Rundle College, Griffith Woods, Ambrose University, an impressive variety of restaurants and takeaway options, and senior care facilities. Pre-construction, showings on site are available. Photos are representative. More details
    Listed by Bode Platform Inc.
  • 86 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2155899

    86 2117 81 Street SW Springbank Hill Calgary T3H 3V8
    Main Photo: 86 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2155899
    $656,736
    Residential
    Status:
    Active
    MLS® Num:
    A2155899
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,266 sq. ft.
    Welcome to this stunning new Lucas Model townhome in the sought-after Elkwood project, located in the vibrant Springbank Hill community in SW Calgary. This spacious 1282 sq ft home offers modern living at its finest with luxurious finishes throughout. An open-concept layout seamlessly integrates living and dining areas with large windows that flood the space with natural light. A modern kitchen with stainless steel appliances and quartz countertops is perfect for cooking and socializing. Luxury vinyl plank flooring extends throughout the main living areas and cozy carpets complete the bedrooms. Ensuite bathrooms and a walk-in closet provide convenience and extra storage. Outdoor living is enhanced with a private patio, ideal for relaxation and gatherings. Convenient attached single car garage with an additional driveway space allows you to park up to 2 vehicles. More details
    Listed by Bode Platform Inc.
  • 798 Alpine Avenue SW in Calgary: Alpine Park Row/Townhouse for sale : MLS®# A2160056

    798 Alpine Avenue SW Alpine Park Calgary T2Y 0V6
    Main Photo: 798 Alpine Avenue SW in Calgary: Alpine Park Row/Townhouse for sale : MLS®# A2160056
    $575,000
    Residential
    Status:
    Active
    MLS® Num:
    A2160056
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,646 sq. ft.
    Discover the Theo by Genesis Builder Group, a stylish three-story townhome that perfectly blends modern living with convenience. This home offers 3 bedrooms, 2.5 baths, and a versatile home office, all thoughtfully designed across three levels. The spacious kitchen boasts a central island and a gas line behind the range, ideal for culinary enthusiasts, while the balcony is equipped with a BBQ gas line for effortless outdoor dining. A double car garage provides ample parking, and with no condo fees, this home is as practical as it is beautiful. Located in a prime south-facing spot overlooking a future school, the Theo also comes with a Smart Home Package, solar rough-in, and an electric vehicle charger, ensuring you're ready for the future. Photos are representative. More details
    Listed by Bode Platform Inc.
  • 790 Alpine Avenue SW in Calgary: Alpine Park Row/Townhouse for sale : MLS®# A2160761

    790 Alpine Avenue SW Alpine Park Calgary T2Y 0V6
    Main Photo: 790 Alpine Avenue SW in Calgary: Alpine Park Row/Townhouse for sale : MLS®# A2160761
    $620,000
    Residential
    Status:
    Active
    MLS® Num:
    A2160761
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,773 sq. ft.
    Discover the Alicia by Genesis Builder Group, a stunning three-story corner townhome that seamlessly blends style and functionality. This spacious home features 3 bedrooms, 2.5 bathrooms, and a versatile home office, perfect for modern living. The open-concept kitchen boasts an island and a convenient gas line behind the range, while the upper floor hosts a laundry room and a primary bedroom with an ensuite that includes dual sinks. Enjoy outdoor living with a BBQ gas line on the balcony, and park with ease in the double car garage. This prime South-facing unit overlooks a future school and comes with no condo fees, a Smart Home Package, solar rough-in, and an electric vehicle charger—designed for today's eco-conscious homeowner. Photos are representative. More details
    Listed by Bode Platform Inc.
  • 302 Corner Glen Circle NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2180747

    302 Corner Glen Circle NE Cornerstone Calgary T3N 2E1
    Main Photo: 302 Corner Glen Circle NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2180747
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2180747
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,568 sq. ft.
    Welcome to this Townhome built by Shane Homes. This unit features 4 bedrooms, 2.5 bathrooms with an attached double car garage. The main floor entrance level is developed with a flex area which can be used as Bedroom or Office. Walking up the stairs you will find the upper-level main floor which is bright and open and has vinyl plank throughout; the L-shaped kitchen has quartz countertops, stainless steel appliances; a spacious dining area open to the living room, a 2 pc bathroom and a north-facing balcony with gas line. The top floor has a primary bedroom with a walk-in closet and 3 pc ensuite with shower with glass sliding door; 2 additional bedrooms; a 4 pc bathroom; a stacked laundry closet and a linen closet. This complex has ample of visitor parking, and a beautifully landscaped courtyard area. Located in Cornerstone with just steps away from a shopping center with Chalo Frescho, RBC Bank, and Tim Hortons, and local restaurants. Plus plenty of future parks, school spaces, and LRT stations and excellent access to the airport, Stoney Trail, and Deerfoot Trail. Don’t miss out on the opportunities to own a Beautiful townhome in Cornerstone. More details
    Listed by RE/MAX Real Estate (Central)
  • 117 Chaparral Valley Gardens SE in Calgary: Chaparral Row/Townhouse for sale : MLS®# A2180868

    117 Chaparral Valley Gardens SE Chaparral Calgary T2X 0P9
    Main Photo: 117 Chaparral Valley Gardens SE in Calgary: Chaparral Row/Townhouse for sale : MLS®# A2180868
    $408,000
    Residential
    Status:
    Active
    MLS® Num:
    A2180868
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,165 sq. ft.
    This fully developed 3-bedroom, 2.5-bathroom townhome in Riverside Towns offers the perfect blend of comfort, convenience, and modern living. Located in a highly sought-after area, it is just minutes away from the natural beauty of Fish Creek Park, scenic walking paths, schools, and shopping, making it an ideal spot for families and outdoor enthusiasts alike. The main floor features a spacious living room with a cozy gas fireplace, perfect for relaxing or entertaining. The open-concept kitchen boasts an island, pantry, and plenty of cabinet space, flowing seamlessly into the dining room. From here, step through the patio doors to your private, fenced backyard, ideal for outdoor gatherings or quiet moments. Upstairs, you'll find three generously sized bedrooms, including a king-sized primary suite complete with a walk-in closet and a full 4-piece ensuite bathroom. The lower level is fully developed, offering a cozy family room where kids can play or the family can enjoy movie nights together. Additional highlights include 2 parking stalls, ensuring convenience and ease.  More details
    Listed by RE/MAX First
  • 207 Evanscrest Square NW in Calgary: Evanston Row/Townhouse for sale : MLS®# A2176931

    207 Evanscrest Square NW Evanston Calgary T3P 1S2
    Main Photo: 207 Evanscrest Square NW in Calgary: Evanston Row/Townhouse for sale : MLS®# A2176931
    $424,900
    Residential
    Status:
    Active
    MLS® Num:
    A2176931
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,078 sq. ft.
    Welcome to this impressive, recently built three-level townhouse nestled in the desirable community of Evanston. Designed with both style and functionality in mind, this home offers a spacious and open layout, perfect for modern living. The main floor greets you with a seamless flow between the living room and dining area. Enhanced by high ceilings and abundant natural light that creates a welcoming ambiance. The extensively upgraded kitchen is a true chef's delight, featuring raised cabinetry, sleek white quartz countertops with a sophisticated waterfall design, and premium stainless steel and high-performance appliances. Upstairs, you’ll discover two generously sized bedrooms, providing a tranquil retreat. The primary bedroom comes with a private ensuite, ensuring comfort and privacy, while a second full bathroom and a convenient half bath on the main level offer additional functionality. Every inch of this property showcases carefully selected upgrades, highlighting attention to detail and quality throughout. For added convenience, the townhouse includes a single attached garage. Enjoy the large balcony, accessible from the main living area, where you’ll find the perfect setting for morning coffee, relaxing evenings, or entertaining with friends and family. The front of the home is beautifully landscaped and fenced, adding curb appeal and a touch of greenery to enjoy year-round. This townhouse is perfectly positioned for an active and vibrant urban lifestyle, offering easy access to Stony Trail, local schools, shops, and various amenities. Schedule your showing now and experience firsthand the exceptional comfort and modern upgrades this Evanston townhouse has to offer! More details
    Listed by URBAN-REALTY.ca
  • 93 1555 Falconridge Drive in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2181592

    93 1555 Falconridge Drive Falconridge Calgary T3J 1L8
    Main Photo: 93 1555 Falconridge Drive in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2181592
    $299,900
    Residential
    Status:
    Active
    MLS® Num:
    A2181592
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,205 sq. ft.
    Welcome home to this charming 3-bedroom townhome, nestled in a convenient and family-friendly location! The main floor boasts a spacious kitchen/dining area, perfect for meal preparation and gatherings, along with a cozy living room that flows seamlessly into the private fenced backyard—ideal for outdoor activities and relaxation. You'll also find a handy 2-piece bathroom on this level for added convenience. The home has seen several updates over the years, including a new stove and a vented heavy-duty hood fan. The unfinished basement offers additional space for storage or entertainment, providing endless possibilities to make it your own. Families will appreciate the proximity to amenities, including the nearby Sportsplex, shopping centers, schools, and a bus stop just steps away on 68th Street, offering a short commute to the LRT line. The well-maintained Windfields complex also features a private park for children, plenty of guest parking, and more. With just over 1,000 sq ft of living space, this well-maintained townhouse is an excellent choice. The upper floor features three generous bedrooms and a 4-piece bathroom. You'll also love the easy access to Stoney Trail, McKnight Boulevard, and other essential services. At this price point, you can't go wrong. Call your favorite realtor today for a showing! More details
    Listed by RE/MAX Real Estate (Central)
  • 1003 Cameron Avenue SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2181924

    1003 Cameron Avenue SW Lower Mount Royal Calgary T2T 0K2
    Main Photo: 1003 Cameron Avenue SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2181924
    $2,490,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2181924
    Floor Area:
    4,356 sq. ft.
    Exceptional Investment Opportunity: 4-Plex-Bungalow House with 3 Attached Townhouses in Prime Mount Royal Location! Introducing a unique and remarkable 4-plex at 1003 Cameron Ave SW, perfectly nestled in the sought-after Lower Mount Royal neighbourhood. This prime real estate boasts an unbeatable location, just steps away from the vibrant heart of 17th Ave SW, making it a coveted choice for savvy investors and visionary developers alike. This exceptional property features a spacious bungalow house with three bedrooms alongside three additional attached townhouses, all fully rented, ensuring immediate revenue generation. The main of the bungalow house floor unit showcases a bright living room, a charming dining area, a well-equipped kitchen, a sunroom, and a full bathroom. The fully developed basement further enhances the property's appeal by including two separate, self-contained units: one 2-bedroom and one 1-bedroom, each equipped with its own kitchen and bathroom. Collectively, the property generates an impressive income of $12,000 per month, with abundant potential for even higher returns. The three townhouses, accessible from Royal Ave, are in excellent condition and designed for tenant appeal, featuring configurations that include one townhouse with three bedrooms and 1.5 bathrooms, while the others offer two bedrooms each, with either 1.5 or 1 bathroom. All units come with unobstructed downtown views. Spanning an expansive 6,921.19 sq ft, the lot is zoned M-C2, offering substantial development potential of up to 5 stories. With no maximum density for the site, current zoning allows for a building size of up to 17,230 sq ft and a maximum height of 16.0m (52.5 ft), making this property a haven for ambitious developers eager to innovate. Additional Highlights: Parking On-Site: Convenient on-site parking for tenants and guests, enhancing the property's appeal. Unique Access Points: Access from 9th Street, Royal Ave, and Cameron Ave ensures easy entry for residents. Natural Parkade Opportunities: The lot’s advantageous slope creates a cost-effective opportunity for a natural parkade entrance along Cameron Ave. With a solid monthly rental income and significant potential for appreciation, this investment is truly attractive in a blue-chip location with breathtaking views. Additionally, there is ample room to explore possibilities for condominium conversion or enhanced revenue streams. After years of ownership since the 1950s, this developer-friendly seller is open to creative insights—don’t miss out on this fantastic investment opportunity! More details
    Listed by eXp Realty
  • 84 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2181218

    84 2117 81 Street SW Springbank Hill Calgary T3H 3V8
    Main Photo: 84 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2181218
    $645,750
    Residential
    Status:
    Active
    MLS® Num:
    A2181218
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,553 sq. ft.
    Welcome to this stunning new Lucas Model townhome in the sought-after Elkwood project, located in the vibrant Springbank community in SW Calgary. This spacious 1500+ sq ft home offers modern living at its finest with an open-concept design and luxurious finishes throughout. Open-Concept layout, seamlessly integrated living and dining areas with large windows that flood the space with natural light. Modern kitchen with stainless steel appliances and quartz countertops are perfect for cooking and socializing. Unit has luxury vinyl plank flooring throughout the main living areas and cozy carpets in the bedrooms. Spacious primary bedroom featuring an ensuite bathroom and a walk-in closet.Outdoor living enhanced with a private patio, ideal for outdoor relaxation and gatherings. Convenient attached car garage with an additional driveway space will allow you to park up to 2 cars. Be a part of the desirable, vibrant Springbank Hill community. Showings on site available. Photos are representative. More details
    Listed by Bode Platform Inc.
  • #319 857 Belmont Drive SW in Calgary: Belmont Row/Townhouse for sale : MLS®# A2182674

    #319 857 Belmont Drive SW Belmont Calgary T2X 4P2
    Main Photo: #319 857 Belmont Drive SW in Calgary: Belmont Row/Townhouse for sale : MLS®# A2182674
    $489,195
    Residential
    Status:
    Active
    MLS® Num:
    A2182674
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,133 sq. ft.
    Welcome home! This is your opportunity to live at Goodwin by Anthem in the brand-new master planned community of Belmont. Your spacious open concept townhome comes complete with high end finishes, appliances and an attached double car garage. Inspired by west coast aesthetic, translated to contemporary prairie architecture the homes are bright, modern and approachable. Whether you are a family, young professional, downsizer or investor these homes bring forth value, craftsmanship and quality that you do not want to live without. Amenities include exclusive access to the Goodwin outdoor living space including picnic tables, a fire pit and dog run! Goodwin is surrounded by shopping, parks, recreation centers, schools and much more. NOTE: Unit 319 is a F Plan, 3 BR /2.5 Bath. This is a quick possession home. Photos are of display suites. The area size was calculated by applying the RMS to the blueprints provided by the builder. More details
    Listed by Royal LePage Benchmark
  • 303 85 Sage Hill Heights in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2182306

    303 85 Sage Hill Heights Sage Hill Calgary T3R 1J1
    Main Photo: 303 85 Sage Hill Heights in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2182306
    $579,900
    Residential
    Status:
    Active
    MLS® Num:
    A2182306
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,412 sq. ft.
    Logel Homes, presents their latest development in Sage Hill, featuring a double car garage and 4 bedrooms in a generous total of 1,647 square feet(builder size). This southeast-facing end unit overlooks an environmental reserve, providing breathtaking views. The layout includes 2.5 bathrooms and is designed with high-quality finishes such as full-height cabinets, quartz countertops, and complemented by beautiful, upgraded lighting fixtures. Enjoy the comfort of central air-conditioning, stainless-steel appliances, abundant natural light from the oversized windows and 9-foot ceilings on the main level. Outdoor living is enhanced with a front patio and a covered rear deck. Ready for possession, this exceptional home comes with no HOA fees. More details
    Listed by RE/MAX Real Estate (Central)
1-12/1,500
Data was last updated May 14, 2025 at 10:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706