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.

Forgot password Extend Verify Contact

511 Cedarille Crescent SW
Cedarbrae Calgary T2W 2H6

$730,000
Residential beds: 4 baths: 3.0 1,306 sq. ft. built: 1973

Main Photo: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 1: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 2: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 3: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 4: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 5: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 6: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 7: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 8: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 9: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 10: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 11: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 12: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 13: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 14: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 15: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 16: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 17: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 18: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 19: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 20: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 21: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 22: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 23: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 24: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 25: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 26: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 27: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 28: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 29: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 30: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 31: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 32: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 33: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 34: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 35: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 36: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 37: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 38: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 39: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 40: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 41: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 42: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Photo 43: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2217236
Bedrooms:
4
Bathrooms:
3
Year Built:
1973
Attention investors and landlords! Here’s your chance to own a meticulously maintained and fully renovated bungalow in the desirable community of Cedarbrae—with tenants already in place and happy to stay. This spacious home offers a rare walk-out basement that includes a separate entrance; the lower level features a large bedroom with double closets and an egress window, a 3-piece bathroom, gas fireplace, pot lighting, built-in wall unit, huge storage, dedicated laundry room, and access to the heated garage—all adding tremendous appeal. Upstairs, the open-concept layout is both stylish and functional, with a kitchen island that flows into the dining and living areas, complete with a cozy wood-burning fireplace and a sun-filled bay window. This home is perfect for attracting quality tenants who value modern updates and thoughtful design. The private, low-maintenance backyard is a true draw, offering mature landscaping, new plant beds, fire pit, playset, shed, and interlocking brick courtyard. Additional perks include irrigation front and back, wiring for a future hot tub, and parking for up to three vehicles between the attached garage and driveway. Located just steps from a park and offering a new hot water tank, this is a turnkey investment with solid long-term potential. Whether you're looking to add to your portfolio or dive into your first income property, this home checks all the boxes. Cedarbrae | 4 Bed | 2 Bath | Walk-Out Basement | Heated Garage | Landscaped Yard Inquire today about this rare opportunity with built-in rental stability!
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:
1,306.45 sq. ft.
Main Level Finished Area:
1,306.45 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,067 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,264 sq. ft.
Lot Frontage:
56'11½"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
6
Year built:
1973 (Age: 52)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
731178
Heating:
Fireplace(s), Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
2
Fireplace Details:
Basement, Gas, Living Room, Wood Burning
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
In Basement
Cedarbrae
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Play set with blue slide in the backyard
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
12'4" × 12'2"
Main Floor
Dining Room
10'11" × 9'
Main Floor
Living Room
18'8" × 15'7"
Main Floor
Bedroom - Primary
15'4" × 11'11"
Main Floor
Bedroom
11' × 9'7"
Main Floor
Bedroom
10'11" × 10'10"
Basement
Game Room
18'2" × 18'1"
Basement
Laundry
8'9" × 8'8"
Basement
Storage
15'5" × 10'2"
Basement
Bedroom
13'1" × 12'7"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
Main Floor
No
4
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Storage
Exterior Features:
Fire Pit, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard, Front Yard, Rectangular Lot, Street Lighting, Treed, Underground Sprinklers
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
May 02, 2025
Days on Mkt:
  • Photo 1: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 1 of 43
  • Photo 2: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 2 of 43
  • Photo 3: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 3 of 43
  • Photo 4: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 4 of 43
  • Photo 5: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 5 of 43
  • Photo 6: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 6 of 43
  • Photo 7: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 7 of 43
  • Photo 8: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 8 of 43
  • Photo 9: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 9 of 43
  • Photo 10: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 10 of 43
  • Photo 11: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 11 of 43
  • Photo 12: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 12 of 43
  • Photo 13: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 13 of 43
  • Photo 14: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 14 of 43
  • Photo 15: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 15 of 43
  • Photo 16: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 16 of 43
  • Photo 17: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 17 of 43
  • Photo 18: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 18 of 43
  • Photo 19: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 19 of 43
  • Photo 20: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 20 of 43
  • Photo 21: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 21 of 43
  • Photo 22: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 22 of 43
  • Photo 23: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 23 of 43
  • Photo 24: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 24 of 43
  • Photo 25: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 25 of 43
  • Photo 26: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 26 of 43
  • Photo 27: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 27 of 43
  • Photo 28: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 28 of 43
  • Photo 29: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 29 of 43
  • Photo 30: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 30 of 43
  • Photo 31: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 31 of 43
  • Photo 32: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 32 of 43
  • Photo 33: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 33 of 43
  • Photo 34: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 34 of 43
  • Photo 35: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 35 of 43
  • Photo 36: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 36 of 43
  • Photo 37: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 37 of 43
  • Photo 38: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 38 of 43
  • Photo 39: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    This home has LOTS of storage!
  • Photo 40: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 40 of 43
  • Photo 41: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 41 of 43
  • Photo 42: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 42 of 43
  • Photo 43: 511 Cedarille Crescent SW in Calgary: Cedarbrae Detached for sale : MLS®# A2217236
    Photo 43 of 43
Listed by Royal LePage Benchmark
Data was last updated May 22, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$549,900
Min list price:
$319,900
Max list price:
$980,000
Avg days on market:
21
Min days on market:
2
Max days on market:
67
Avg price per sq.ft.:
$475.47
These statistics are generated based on the current listing's property type and located in Cedarbrae. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706