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.

BUNGALOWS FOR SALE MARDA LOOP CALGARY

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  • 4811 15 Street SW in Calgary: Altadore Detached for sale : MLS®# A2220461

    4811 15 Street SW Altadore Calgary T2T 4B5
    Main Photo: 4811 15 Street SW in Calgary: Altadore Detached for sale : MLS®# A2220461
    $1,650,000
    Residential
    Status:
    Active
    MLS® Num:
    A2220461
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,370 sq. ft.
    Welcome to 4811 15th St SW in the inner-city community of Altadore. Located on a wide, quiet, tree lined street, steps away from the River Park escarpment, nearly 1400 sq ft foot bungalow sits on a 65 x 100 foot southwest facing lot that backs onto an adorable park with a playground. A better location in the neighbourhood is tough to find! This property presents a variety of intriguing options. An ideal lot to build your dream home or enjoy the bungalow living lifestyle and put your own personal touch on the existing structure. There are no bad options. As you walk up the driveway you'll notice the fantastic landscaping and attention to detail which is consistent throughout the property. An open floorplan with hardwood flooring welcomes you into this home with great sightlines the moment you open the front door. The expansive galley style kitchen features stainless steel appliances, tile flooring, and ample cabinet space. The spacious living room and dining room blend together to create a welcoming cohesive space. The primary bedroom located at the rear of the home features a walk-in closet and 5-piece ensuite. A second bedroom and half bathroom complete this main floor. Walk through the kitchen and out the patio doors onto the southwest facing cedar deck with built in heater, hot tub, and gas BBQ. With sightlines to the park behind the property, this is the backyard oasis you’ve been looking for. Heading downstairs, you will find two more bedrooms, a flex space, another full bathroom, and loads of storage – something you can’t have enough of! A double attached garage and rubber/metal roof gives this property a few features not found in other options nearby. Steps to the Elbow River pathway, Glenmore reservoir, River Park Off Leash Dog Park, Sandy Beach, Glenmore Athletic Park, Aforza Tennis Centre, and minutes from neighbourhood amenities like Neighbour and Monogram Coffee, this location is an A+. Easy access out of the city as well with Crowchild Trail and Glenmore Trail minutes away. Altadore School (K-6), Central Memorial High School (G10-12), William Reid (French K-4) and private offerings in Masters Academy (K-12), Rundle Academy, and Lycee Pasteur (French) are all within shouting distance. Call your favourite Realtor today to book your private showing! More details
    Listed by CIR Realty
  • 1731 46 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2235858

    1731 46 Avenue SW Altadore Calgary T2T 2R6
    Main Photo: 1731 46 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2235858
    $1,349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2235858
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,380 sq. ft.
    Attention builders renovators prime location on super quiet wide street. SOUTH BACKYARD middle of the block , one block to park, walk to River Park and Glenmore Athletic Park. Beautiful open floor plan, two large bedrooms up one down. Two fireplaces. Features an oversized 24x22 garage. More details
    Listed by RE/MAX House of Real Estate
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Data was last updated July 16, 2025 at 06:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA