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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
$200,000 - $375,000 | $500,000 - $600,000 | $800,000 - $900,000 |
$350,000 - $500,000 | $600,000 - $700,000 | $900,000 - |
$400,000 - $500,000 | $700,000 - $800,000 | SW CALGARY HOMES FOR SALE |
Explore Mahogany's Diverse Real Estate Offerings
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There are several ways to contact Diane Richardson:
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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.
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Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
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Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
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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.
SW CALGARY HOMES FOR SALE FROM $500,000 to $600,000
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52 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2194648
52 2117 81 Street SW Springbank Hill Calgary T3H 3V8 $600,000Residential- Status:
- Active
- MLS® Num:
- A2194648
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,453 sq. ft.135 m2
Welcome to this stunning new Lucas Model townhome in the sought-after Elkwood project, located in the vibrant Springbank Hill community of SW Calgary. This spacious 1500+ sq ft home offers modern, open-concept living with seamless integration of the living and dining areas, filled with natural light from large windows. The kitchen features stainless steel appliances and quartz countertops, perfect for cooking and entertaining. Luxury vinyl plank flooring enhances the main living areas, while cozy carpets warm the bedrooms. The primary bedroom boasts an ensuite bathroom and walk-in closet. Enjoy outdoor living with a private patio, ideal for relaxation and gatherings. The attached garage, along with additional driveway space, offers parking for up to two cars. (Photos are representative.) More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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18 Everstone Court SW in Calgary: Evergreen Detached for sale : MLS®# A2211638
18 Everstone Court SW Evergreen Calgary T2Y 4J6 $600,000Residential- Status:
- Active
- MLS® Num:
- A2211638
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 938 sq. ft.87 m2
Welcome to one of the best values in Evergreen! Sitting on a massive 5,157 sq. ft. lot, this updated 3-bedroom walkout bi-level offers a rare mix of space, comfort, and curb appeal. It's also one of the largest lots on the market in Evergreen—with plenty of room to build your dream garage and still have space to park your trailer or RV. Inside, you’ll find a bright, open-concept layout with high-end vinyl flooring, a kitchen skylight, and a cozy gas fireplace in the living room. The breakfast nook opens out to a huge sunlit deck, perfect for summer BBQs and relaxing evenings. The main floor has two well-sized bedrooms and a stylish 4-piece bathroom with ensuite access, featuring updated finishes and updated flooring that adds a touch of personality and warmth. The walkout basement is flooded with natural light and offers a ton of functional space, including a large rec room, second gas fireplace, third bedroom, and another updated full bathroom—ideal for guests or a growing family. This home comes loaded with upgrades, including central air conditioning, Gemstone exterior lighting, modernized bathrooms, and new 30-year shingles for peace of mind. Move-in ready and packed with value, this is one you won’t want to miss. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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39 Somercrest Grove SW in Calgary: Somerset Detached for sale : MLS®# A2208028
39 Somercrest Grove SW Somerset Calgary T2Y 3M2 $600,000Residential- Status:
- Active
- MLS® Num:
- A2208028
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,470 sq. ft.137 m2
Welcome to this well-maintained 3-bedroom home located on a quiet street in the desirable community of Somerset. Featuring an open floor plan & a vaulted ceiling in the entryway, this home offers a spacious & inviting feel from the moment you walk in. The main floor includes an open kitchen with lots of counter space, cupboards, corner pantry & a movable island which has room for two bar stools, a cozy living room with a fireplace, convenient laundry, & a versatile formal dining room that can double as a flex space or home office. Upstairs, you’ll find two generously sized bedrooms & a king-sized primary suite with a walk-in closet & ensuite. The fully finished basement adds even more living space with a large family room & an additional bedroom — perfect for guests, teens, or a home gym. Enjoy the huge backyard, ideal for entertaining or relaxing, along with a double attached garage for added convenience. Recent updates include newer laminate flooring on the main level & a new shingles and siding (2022). Located close to shopping, restaurants, the C-Train, & major routes, this home offers both comfort & unbeatable convenience. Don’t miss out! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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5332 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2169770
5332 2 Street SW Manchester Calgary T2R 0W4 $600,000Land- Status:
- Active
- MLS® Num:
- A2169770
LAND ASSEMBLY. Must be purchased with MLS #A2170786. Attention Builders and Developers: Prime Vacant Land! Explore this exceptional opportunity to acquire 581 sq. m (6,254 sq. ft.) of commercially zoned land, ideally situated in the highly sought-after community of Manchester. The nice liveable home to the South at 5336 2 Street SW, located beside this property, MUST be purchased with this one. EXPAND your investment and purchase the 150' vacant property to the North of this one (MLS #A2153760) and own a total of 250'. This property, located just three blocks northeast of Chinook Centre—Calgary's largest and most popular shopping destination—offers immense potential for new development. Scroll the photos (read the photo descriptions), and drive by this intriguing site. Call today for more information. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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5336 2 Street SW in Calgary: Manchester Detached for sale : MLS®# A2170786
5336 2 Street SW Manchester Calgary T2R 0W4 $600,000Residential- Status:
- Active
- MLS® Num:
- A2170786
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 838 sq. ft.78 m2
LAND ASSEMBLY! Fine 827 square foot home on this DEVELOPMENT site. Must be purchased with neighbouring property to the North - 5332 2 ST SW (MLS A2169770 - also listed at $600,000). Attention Builders and Developers: Exceptional Land Opportunity! Presenting a prime parcel of 581 sq. m (6,254 sq. ft.) zoned C-COR2, ideal for retail with potential for upper residential condos. This property offers a unique chance to expand your investment, as the adjacent Lot 5332 MUST be purchased with this one, and then there is another 150 FEET North also available for sale (MLS #A2153760). Highlights: Strategic Location: Situated just three blocks northeast of CF Chinook Centre, Calgary’s largest and most popular mall, this land is poised for impactful development. Excellent Connectivity: Benefit from proximity to major routes including Macleod Trail, Glenmore Trail SW, and Blackfoot Trail SE, along with easy access to the Chinook CTrain Red Line, ensuring effective citywide transportation. High Traffic Area: Less than 100 m from the bustling intersection of Macleod Trail and 53 Ave SW, this site enjoys excellent visibility and accessibility. Desirable Demographics: The Manchester community is one of Calgary's fastest-growing areas, with a 12% population increase over the past five years. Projections indicate a robust growth rate of 23.8% through 2028, attracting a young, affluent, and educated renter demographic. Versatile Development Potential: The C-COR2 zoning allows for a mix of retail and residential uses, making it a versatile option for various development projects. Don’t miss out on this remarkable opportunity to invest in a thriving community with tremendous growth potential. Contact us today for more information or to schedule a viewing! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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8226 Fairmount Drive SE in Calgary: Fairview Detached for sale : MLS®# A2214066
8226 Fairmount Drive SE Fairview Calgary T2H 0Y3 $600,000Residential- Status:
- Active
- MLS® Num:
- A2214066
- Bedrooms:
- 6
- Bathrooms:
- 2
- Floor Area:
- 1,097 sq. ft.102 m2
Investor opportunity in Fairview! This 1,097 sq ft bungalow sits on a 56' x 100' lot (17.08m x 30.47m) with H-GO zoning—a prime location for future development. The property includes a 24' x 22' detached double garage and is nestled on a quiet street in one of Calgary’s most accessible inner-city communities. Quick access to Macleod Trail, Chinook Centre, transit, schools, and parks. The value here is in the land, location, and long-term potential. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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636 Midridge Drive SE in Calgary: Midnapore Detached for sale : MLS®# A2219638
636 Midridge Drive SE Midnapore Calgary T2X 1C1 $600,000Residential- Status:
- Active
- MLS® Num:
- A2219638
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 1,068 sq. ft.99 m2
Welcome to your beautifully renovated bungalow nestled in the heart of Midnapore, one of Calgary’s most desirable and established lake communities. Set on a generous 45 x 130 lot, this inviting home delivers over 2,000 SqFt of stylish living space across two levels, each thoughtfully appointed to suit a variety of living arrangements. The main floor welcomes you with elegant LVP flooring and an inviting open-plan layout, where natural light pours into the spacious living and dining areas. The upgraded kitchen features sleek wood cabinetry, ample counter space, a striking mosaic tile backsplash, and stainless steel appliances, ensuring both style and practicality. Your master suite provides a private retreat with a 2 piece en-suite and walk-in wardrobe, while two further sizeable bedrooms and a tastefully tiled family bathroom with a soaker tub offer comfort for family or guests. Downstairs, discover a superb illegal suite with its own private entrance, making it an ideal candidate for mortgage helper, in-law accommodation or even a lucrative Airbnb opportunity. The lower level mirrors the quality of the main with beautiful LVP flooring, a bright and airy living area, a stylish white kitchen boasting abundant storage, and a mosaic tiled splashback. Here you’ll also find an impressive master bedroom, a 2nd bedroom room (windowless), a three-piece bathroom, and a large egress window that floods the space with natural light. Shared lower level amenities include laundry facilities and a third bedroom with ample storage. Recent upgrades such as triple-glazed windows with contemporary zebra blinds and fresh exterior paint ensure lasting comfort. Step outside and enjoy two sunny patio areas, thoughtfully positioned to capture light from the east, south, and west throughout the day. The newly fenced backyard is spacious, featuring a custom-built bin store, and there’s parking for up to three vehicles, as well as room to construct a future garage without sacrificing outdoor space. This excellent location offers just a short stroll to schools, Fish Creek Park, and the neighbourhood’s wide range of amenities, while life in Midnapore means year-round access to a private lake, where you can enjoy everything from summer beach days to skating in the winter. This exceptional property melds the tranquillity of lakeside living with modern comfort and investment potential, providing a rare opportunity in a truly special community. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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43 Sunmount Road SE in Calgary: Sundance Detached for sale : MLS®# A2220168
43 Sunmount Road SE Sundance Calgary T2X 2N1 $600,000Residential- Status:
- Active
- MLS® Num:
- A2220168
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,585 sq. ft.147 m2
Charming 4-Level Split in the Heart of Sundance Welcome to this bright and spacious 3-bedroom, 2-bathroom 4-level split home, nestled in the sought-after lake community of Sundance. Thoughtfully designed with comfort and functionality in mind, this home offers a warm and inviting atmosphere that’s perfect for both relaxing and entertaining. Step inside to a sunlit main level featuring a bright, airy kitchen with ample cabinet space and generous countertops—ideal for daily meals or weekend culinary adventures. The spacious living areas flow effortlessly, with the lower-level family room offering a cozy wet bar—perfect for movie nights or hosting friends and family. Upstairs, you’ll find three well-appointed bedrooms, including a primary suite complete with a large window that fills the room with natural light. The adjacent full bathroom features a soothing jetted tub and in-floor heating, also found in the second bathroom for year-round comfort. This home has seen several key updates, including a new furnace, air conditioner, and hot water tank, giving you modern peace of mind. The Poly-B plumbing has also been fully removed. Outside, enjoy a well-maintained yard—ideal for outdoor gatherings or letting the kids and pets play. Perfectly located just minutes from Sundance Lake, top-rated schools, parks, and shopping, you’ll also love the quick access to Fish Creek Provincial Park, Stoney Trail, and Deerfoot Trail. Whether you're starting a new chapter or looking for your forever family home, this Sundance gem offers the lifestyle and location you've been searching for. Don’t miss your chance—book your private showing today! More detailsListed by Royal LePage Solutions- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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212 11A Street NE in Calgary: Bridgeland/Riverside Semi Detached (Half Duplex) for sale : MLS®# A2214530
212 11A Street NE Bridgeland/Riverside Calgary T2E 4P1 $600,000Residential- Status:
- Active
- MLS® Num:
- A2214530
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 841 sq. ft.78 m2
** LEGAL SUITE ** ** Live up - Rent down! ** Welcome to the much desired established inner-city community of Bridgeland. This home is located on a 29.5 ft x 110 ft lot with a LEGAL suite! The main level is complete with a large living room with hardwood floors, kitchen & dining plus 2 good sized bedrooms and a 4 piece bath (and separate laundry!) The lower level is accessed from a separate side entrance & is fully finished with a kitchen, 2 more bedrooms , a 3 piece bath & laundry room! Single detached garage too! Fenced backyard and patio area! Close to Public Transit, Downtown, Parks, School & Shops! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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309 Sierra Morena Green SW in Calgary: Signal Hill Row/Townhouse for sale : MLS®# A2208428
309 Sierra Morena Green SW Signal Hill Calgary T3H 3H8 $599,999Residential- Status:
- Active
- MLS® Num:
- A2208428
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,369 sq. ft.127 m2
WATCH THE VIDEO TOUR! NO AGE RESTRICTIONS! As soon as you enter you’ll notice that there is NOTHING like this in SW Calgary for under $600K. You have brand new LVP flooring, space for a breakfast nook & these gorgeous vaulted ceilings accentuate your new custom designed kitchen w/ hidden cabinet drawers for a clean look that maximizes storage, 2-toned cabinets w/ white oak uppers, a classic yet beautiful backsplash, a window over your sink, quartz countertops, undermount lighting & new appliances - be sure to open your fridge! Straight ahead, is your sunlit family/dining room w/ space to host up to 8 people & decorative transom windows. You’ll fall in love w/ the 12ft ceilings, the expansive views & a large living room w/ a corner gas fireplace. A door leads to your private S-facing balcony where you’ll love watching the sunset w/ mountain views to the west. Back inside, you’ll notice that the entire place has just been painted & you have a TV outlet in your living room. Around the corner, is your primary bedroom, staged w/ a Queen Bed but could comfortably fit a King w/ nightstands & extra furniture. Your renovated ensuite is a life upgrade. Between the XL vanity w/ quartz countertops, lighting & elegant touches like the brushed gold hardware, the waterfall faucet & new shower w/ a rainfall showerhead (shower glass sliding door just installed) & a handheld spray. Last but not least, you have a large walk-in closet. Leaving your primary bedroom & down the hall, you’ll find an additional bed/bath. Your guest bathroom ft. a new tub, matte black shower fixtures & easy to clean tile w/ a niche, new toilets in both bathrooms, another great vanity & a medicine cabinet. Outside you’ll find a hallway w/ a door leading to your 2nd bedroom, on opposite sides of the primary. This room is spacious, it could sleep 2 kids; perfect for your teenager, act as a guest room or be used as a private office. Back in the hall, you’ll find a coat closet, your laundry room just across w/ a new washer/dryer, upper cabinets & even a linen closet in this room. Straight ahead is your furnace room w/ storage space. Your HE Furnace & hot water tank were both installed in 2023, central vac. & 100amp panel. A door leads down (by stairs) to your 20” x 21.5’’ garage that’s drywalled/insulated, giving you room to comfortably park 2 cars + 2 more on the driveway, overhead space for storage & even has space for a workshop. This townhouse comes w/ blinds in the beds, no carpet throughout, NO AGE limit, the windows were upgraded in 2022, roof replaced in 2021 & you have year-round maintenance meaning no shovelling or cutting grass. You’re 15mins to downtown, 26mins to Brag Creek, 1 hr to Banff & Canmore, w/ an easy commute via the ring road. You’re surrounded by prestigious schools, Golf Courses nearby, the Westside Rec. Centre w/in a 4min drive along w/ 69th St.Train Station, the Aspen, Westhills & Signal Hill Shopping centre along w/ Richmond Square. WATCH THE VIDEO! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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31 Bridlecrest Road SW in Calgary: Bridlewood Detached for sale : MLS®# A2201375
31 Bridlecrest Road SW Bridlewood Calgary T2Y 5J2 OPEN HOUSE: May 16, 202511:00 AM - 02:00 PM MDTOpen House on Friday, May 16, 2025 11:00AM - 2:00PMOPEN HOUSE: May 17, 202511:00 AM - 02:00 PM MDTOpen House on Saturday, May 17, 2025 11:00AM - 2:00PM$599,999Residential- Status:
- Active
- MLS® Num:
- A2201375
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,321 sq. ft.123 m2
PRICE REDUCED!!. Welcome to this beautiful well-kept home located in the bustling community of Bridlewood! Step through the front door and this bright and sunny home greets you with a cozy living room filled with natural light, continue through the main floor to the kitchen and dining room complete with all of your appliances, plenty of storage and counter space. Head upstairs to your second floor where you will find a generously sized master bedroom, with a 4 pc ensuite bathroom, this floor also has 2 additional large bedrooms and another full bathroom. The finished basement currently is set up with a home gym that most athletes could only dream of having at home, along with a fourth bedroom and yet another 4 pc bathroom. Some extras to note about this gem: Double oversized garage, Hardwood flooring, extra on street parking, front and Back Yard space, main floor powder room, perfect starter home for young family's or great investment opportunity. Book your showing today to see your beautiful new home in a great community. More detailsListed by Royal LePage Solutions- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1150 1001 13 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2197110
1150 1001 13 Avenue SW Beltline Calgary T2R 0L5 $599,900Residential- Status:
- Active
- MLS® Num:
- A2197110
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,588 sq. ft.147 m2
OPEN HOUSE Saturday April 5, 12 - 3 PM. Spacious and Bright SW Corner Unit in The Royal Oak. Offering 1587 Sq Ft with an Open Concept Floor Plan, 2 Bedrooms, 2 Bathrooms and 2 Titled Parking with storage lockers. Huge Wrap Around Balcony, Central Air Conditioning, In suite Laundry and storage room. Indoor Wood Burning Fire Place. The Kitchen Features Kitchen Kraft Cabinets, Ample Counter space and raised eating bar. Updated Luxury Vinyl Plank Flooring throughout. Large Primary Bedroom Offers a Walk in Closet and Full Ensuite Bathroom. Amenities of Royal Oak Include a fitness Centre, Social Room, Guest Suite, Bike Room, and Car Wash. Walking distance to grocery stores, restaurants, cafes and the vibrant 17 Ave SW. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com

Featured Listing
