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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$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:

  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

ASPEN WOODS HOMES & CONDOS FOR SALE FROM $475,000 to $575,000

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  • 12 Aspen Hills Terrace SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2217974

    12 Aspen Hills Terrace SW Aspen Woods Calgary T3H 0P3
    OPEN HOUSE: May 11, 2025
    01:00 PM - 03:00 PM MDT
    Open House on Sunday, May 11, 2025 1:00PM - 3:00PM
    Main Photo: 12 Aspen Hills Terrace SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2217974

    12 Aspen Hills Terrace SW Calgary T3H 0P3 Aspen Woods

    $574,900
    Residential
    Status:
    Active
    MLS® Num:
    A2217974
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,482 sq. ft.
    **OPEN HOUSE: May 10th & 11th - 1 PM to 3 PM** Welcome to effortless elegance in the heart of Aspen Woods. Tucked into the highly sought-after Mosaic of Aspen Hills, this 3-storey townhome delivers the perfect balance of upscale living and low-maintenance convenience — ideal for downsizers, first-time buyers, or professionals seeking a refined lock-and-leave lifestyle. Spanning nearly 1,500 sq ft across three thoughtfully designed levels, this home features 2 generously sized bedrooms—each with its own private ensuite and walk-in closets. The open-concept main level blends functionality with comfort. Enjoy rich hardwood flooring, a thoughtfully designed kitchen built for both function and flair with full-height dark-stained maple cabinetry, sleek granite countertops, a central island, and adjacent dining space—all seamlessly connected to a sun-splashed living room with access to a private balcony overlooking the landscaped courtyard. Whether you’re hosting or unwinding, this layout is designed for easy living. On the ground floor, a spacious flex room offers options galore: home office, home gym, hobby studio—you decide. The double attached garage adds peace of mind with secure parking and extra storage, while the charming fenced front patio create a welcoming presence. Set within walking distance of top-rated public and private schools (including Webber, Rundle, and Guardian Angel), endless parks and pathways, and the West LRT station—this address delivers on location. Shop, dine, and run daily errands within minutes at Aspen Landing, Blush Lane, and nearby boutiques and cafés. This is stress-free living tailored for modern lifestyles. Come home to quality, comfort, and the Aspen experience you’ve been waiting for. This is a must see! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 309 Ascot Circle SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2218835

    309 Ascot Circle SW Aspen Woods Calgary T3H 0W9
    Main Photo: 309 Ascot Circle SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2218835

    309 Ascot Circle SW Calgary T3H 0W9 Aspen Woods

    $548,888
    Residential
    Status:
    Active
    MLS® Num:
    A2218835
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,266 sq. ft.
    The Enclave at Aspen Woods redefines townhome living with a masterful balance of privacy and proximity in Calgary’s coveted west end. Tucked away from the main thoroughfare, each residence is oriented to capture abundant natural light, as evidenced by the private west-facing balcony—an ideal spot for morning coffee or evening repose. Stepping inside a neutral canvas, that highlights thoughtful design choices, such as the updated powder room. Or the kitchen, clad in granite countertops. The main level flows seamlessly, with clean lines and thoughtful finishes setting the stage for modern living. The upper level, where a double-master configuration offers two full en-suites and stacked laundry for seamless day-to-day life. Each oasis enjoys generous proportions, ample natural light, and quality fixtures—reflecting The Enclave’s commitment to elevated comfort. Below, the tandem double garage accommodates two vehicles comfortably, its extra length lending itself to storage solutions or a hobby workshop. Beyond the walls of The Enclave you’ll enjoy nearby Aspen Landing for boutique shopping and artisanal fare, or explore Blush Lane’s charming cafés. Pond-side trails and neighborhood parks invite leisurely strolls, while quick access to Stoney Trail and the Rocky Mountains positions adventure within easy reach. A townhome complex with a synthesis of thoughtful architecture, refined finishes, and an exceptional location—a townhome community that offers both value and an elevated standard of living. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 316 Ascot Circle SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2203500

    316 Ascot Circle SW Aspen Woods Calgary T3H 0X2
    Main Photo: 316 Ascot Circle SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2203500

    316 Ascot Circle SW Calgary T3H 0X2 Aspen Woods

    $542,000
    Residential
    Status:
    Active
    MLS® Num:
    A2203500
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,330 sq. ft.
    Welcome to this stunning 3-story townhome in the heart of Aspen, an ideal blend of comfort, style, and convenience, perfectly poised for its next owner. As you enter on the first floor, you’re greeted by a concrete patio, where you can unwind while enjoying the tranquil, private views of the adjacent ravine—an oasis of nature right outside your door. This level also includes a spacious double tandem garage, providing ample space for parking and storage. Additionally, you'll find a versatile flex room at the end of the garage, perfect for a home office, study, or creative space. Ascend to the second floor, where an inviting open-concept kitchen awaits, seamlessly flowing into a spacious dining area and a cozy living room. Step out onto your private balcony equipped with a gas line, ideal for summer barbecues. The living room, featuring an elegant electric fireplace, offers picturesque views of the wooded ravine, providing both beauty and privacy. The upper level is designed for convenience and comfort, featuring a stacked washer and dryer and two spacious master bedrooms with ensuite bathrooms. This townhome is situated in a vibrant community with abundant walking and biking paths, ensuring easy access to outdoor activities. Enjoy nearby shopping at the renowned Aspen Landing and utilize the Westside Recreation Center for fitness and fun. The light rail system nearby provides effortless connections for downtown commuters, while the property offers convenient access to the ring road for easy navigation throughout the city. Don’t miss your chance to own this exceptional townhome in one of the most coveted locations! Schedule your showing today before it’s too late! More details
    Listed by Bow Realty
    LISTING DETAILS
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Data was last updated May 11, 2025 at 08:05 PM (UTC)
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