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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

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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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|University District

MAYFAIR HOMES FOR SALE IN CALGARY

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  • 159 Malibou Road SW in Calgary: Mayfair Detached for sale : MLS®# A2212908

    159 Malibou Road SW Mayfair Calgary T2V 1X5
    Main Photo: 159 Malibou Road SW in Calgary: Mayfair Detached for sale : MLS®# A2212908

    159 Malibou Road SW Calgary T2V 1X5 Mayfair

    $1,590,000
    Residential
    Status:
    Active
    MLS® Num:
    A2212908
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,603 sq. ft.
    Welcome to 159 Malibou Rd SW. This stunning bungalow is situated in the southwest community of Mayfair, one of Calgary’s most sought-after neighborhoods for its quiet suburban feel whilst offering quick access to some of the city's major roads including Glenmore and Elbow Drive. Many amenities are at your fingertips including Chinook Mall, Britannia Plaza and only 15 mins to the downtown core. The home boasts an impressive curb appeal with soffit lighting, oversized front entry way door, custom California shutters and a beautifully landscaped exterior with aggregate concrete driveway and walkways. The huge backyard is south facing with an expansive deck and offers ample sunlight which pours into the kitchen and dining area of the home. The home faces a beautiful green space and park and has no backyard neighbors, giving lots of privacy. From your back gate is a biking/walking path, which takes you to some of the nicest views in the city. As you step inside the home, you’re greeted with stunning vaulted ceilings and exposed beams, which give a large open feel. The massive kitchen offers endless storage space with integrated appliances to give the space a seamless finish. All kitchen appliances are of the highest quality with Wolfe double wall ovens, microwave and counter cooktop, integrated Sub Zero fridge/freezer and an additional Subzero freezer within the kitchen island and Miele Dishwasher. All the custom cabinetry offers convenient custom pull outs for easy access. The master bedroom boasts tons of storage, large south facing windows and a big 3 piece ensuite and towel warmer. The upstairs is completed by a spacious main floor laundry room with side by side laundry, secondary bedroom and 4 piece main bathroom. Downstairs provides additional flexible space with a huge family room with gas fireplace, office, a bedroom and a hobby room that could easily be converted back into a 4th bedroom, gym space and 3 piece bathroom with heated floors and steam shower. Houses in this community do not stay on the market long. Reach out to your favorite realtor today and book a viewing. More details
    Listed by CIR Realty
    LISTING DETAILS
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Data was last updated June 17, 2025 at 12:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson
Cell: 403-397-3706