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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Explore Mahogany's Diverse Real Estate Offerings

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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|Varsity
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227 Calais Drive SW
Currie Barracks Calgary T3E 7M3

$1,859,900
Residential beds: 6 baths: 5.0 3,565 sq. ft. built: 2024

Main Photo: 227 Calais Drive SW in Calgary: Currie Barracks Detached for sale : MLS®# A2173401
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2173401
Bedrooms:
6
Bathrooms:
5
Year Built:
2024
Welcome to this stunning 3-STORY home offering 4352 sq ft of beautifully developed space, perfectly balancing luxury and functionality. Designed with both family living and entertainment in mind, this home features 6 BEDROOMS and 4.5 beautifully appointed bathrooms - ideal for accommodating the whole family. The main floor boasts a bright office space, thoughtfully seperated for privacy, making in perfect for working from home. The oversized great room complete with cozy gas fireplace, flows seamlessly into the large kitchen with separate pantry, while the dining room offers views of the backyard. A mudroom with separate entry adds convenience to daily living. On the second floor the luxurious primary bedroom welcomes you with DOUBLE DOORS, accompanied by three additional bedrooms. The third floor is an entertainers dream, featuring a bonus room, a wet bar, and an expansive COVERED OUTDOOR LIVING space, along with an additional bedroom and bathroom. Photos representative.
Additional Images
Alternate Feature Sheet
Map Service
Sales Brochure
Sound Byte
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 (or more) Storey
Total Living Area:
3,564.63 sq. ft.
Main Level Finished Area:
1,400.75 sq. ft.
Upper Level Finished Area:
2,163.88 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,230 sq. ft.
Lot Frontage:
38'10"
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
Three Or More
Total Rooms Above Grade:
10
Year built:
2024 (Age: 1)
Bedrooms:
6 (Above Grd: 5)
Bedrooms Above Grade:
5
Bedrooms Below Grade:
1
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
2111941
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Mantle
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Detached
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
Upper Level
Currie Barracks (Calgary)
Bar Fridge, Built-In Gas Range, Dishwasher, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer
N/A
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Dining Room
18'6" × 12'
Main Floor
Kitchen
21'8" × 14'3"
Main Floor
Mud Room
10'2" × 5'9"
Main Floor
Den
11'6" × 9'6"
Main Floor
Great Room
19'10" × 14'6"
2nd Floor
Bedroom - Primary
16' × 14'6"
2nd Floor
Bedroom
11'11" × 11'4"
2nd Floor
Bedroom
11'11" × 11'4"
2nd Floor
Bedroom
12' × 10'9"
2nd Floor
Laundry
9'6" × 6'2"
3rd Floor
Bonus Room
23'8" × 14'6"
3rd Floor
Bedroom
11'6" × 9'9"
Basement
Game Room
13' × 13'
Basement
Media Room
18'10" × 13'10"
Basement
Bedroom
11'10" × 10'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
No
5
2nd Floor
Yes
5
3rd Floor
No
4
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby
Interior Features:
Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Tankless Hot Water, Walk-In Closet(s), Wet Bar
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s), Porch
Lot Features:
Back Lane, Landscaped
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone W
Zoning:
DC
Listed Date:
Oct 16, 2024
Days on Mkt:
  • Photo 1: 227 Calais Drive SW in Calgary: Currie Barracks Detached for sale : MLS®# A2173401
    Photo 1 of 1
Larger map options:
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Listed by Bode Platform Inc.
Data was last updated May 22, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$589,900
Min list price:
$259,900
Max list price:
$2,790,000
Avg days on market:
59
Min days on market:
2
Max days on market:
218
Avg price per sq.ft.:
$608.25
These statistics are generated based on the current listing's property type and located in Currie Barracks. Average values are derived using median calculations.
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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