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.

BANKVIEW CONDOS & HOMES FOR SALE FROM $675,000 to $775,000

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  • 2507 15A Street SW in Calgary: Bankview Detached for sale : MLS®# A2222844

    2507 15A Street SW Bankview Calgary T5M 0H4
    Main Photo: 2507 15A Street SW in Calgary: Bankview Detached for sale : MLS®# A2222844
    $685,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222844
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,056 sq. ft.
    This charming 4-bedroom (plus den) bungalow sits on a very quiet one-way street and offers so many possibilities. The home features arched doorways, plenty of natural sunlight, and has hardwood flooring throughout first level. Main floor boasts inviting living room with decorative fireplace, open dining room and large kitchen. Recently refinished shower surround and new flooring in kitchen. Finished basement with separate entrance includes laminate and carpet, open concept kitchen and living room, master bedroom with large window that is on ground level and lets in lots of light. This level also has plenty of storage space, laundry, two bedrooms and a 4-piece bath. Large back deck and green space with a view that looks westward over a valley. More details
    Listed by ComFree
  • 1812 14A Street SW in Calgary: Bankview Row/Townhouse for sale : MLS®# A2194361

    1812 14A Street SW Bankview Calgary T2T 3W6
    Main Photo: 1812 14A Street SW in Calgary: Bankview Row/Townhouse for sale : MLS®# A2194361
    $684,500
    Residential
    Status:
    Active
    MLS® Num:
    A2194361
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,626 sq. ft.
    HOME SWEET HOME! FRESHLY PAINTED! Welcome to one of the most unique opportunities you will find in inner-city Calgary! This contemporary, executive 3 STOREY TOWNHOUSE offers 2,132+ trendy SQFT developed space in the popular community of BANKVIEW, just steps from 17th AVE SW and all the amazing amenities the area has to offer. This home has been used as a COMMERCIAL OFFICE SPACE, accommodating up to 10 bullpen style desks AND AS A WORK/LIVE SPACE accommodating several offices and a family home. This unbeatable location is suitable for your many needs (C1-CORE - commercial/office/residential) . The main floor features a stunning open concept floor plan with a large spacious sun drenched living space accented by oversized windows, 18 foot ceilings, and a cozy gas fireplace (suitable as a living/dining area or den/home office space), and a gourmet kitchen with stainless steel appliances, granite countertops and tons of cabinet space. There is both a back and side entrance on the ground level. The 2nd floor contains a bedroom with a 4 piece ensuite bathroom and a bright convenient open plan den/office. There is a back balcony just off the office area. The upper 3rd floor offers a massive primary bedroom that occupies the entire floor with a stunning spa like 5 piece ensuite bathroom with double vanity sinks, an oversized shower and a relaxing soaker tub, to wind down after a busy day. The fully developed basement offers a spacious recreation/family/board room with a dry bar, a 2 piece bathroom with laundry hookups and a utility room with ample storage space. The basement has 2 large windows, making the space very sunny. Additional features include a 2nd floor west facing balcony, an attached, insulated garage, a driveway parking spot, ample street parking and a partially fenced backyard that is is beautifully professionally low maintenance landscaped and manicured offering you your own private patio and oasis! This unrivalled location is steps from 17th Ave and Downtown Calgary, restaurants, grocery stores, Buckmaster Park, local cafes, boutique shops, schools including Connaught School and Mount Royal School, public transportation options including nearby bus stops and the Sunalta LRT station and much more. Don’t miss out on this RARE OPPORTUNITY, book your private viewing today! Currently zoned C-COR1 with residential status. Its very easy to convert/re-status property back to a full time commercial office space. (Residential work from home status allows for a lower tax fee but if you don't live there you can convert back to an office by contacting the city). Property has been recently fully painted. More details
    Listed by Century 21 Bamber Realty LTD.
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Data was last updated June 1, 2025 at 12:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706