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.

ALTADORE HOMES & CONDOS FOR SALE FROM $675,000 to $775,000

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  • 2 3702 16 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2210196

    2 3702 16 Street SW Altadore Calgary T2T 4H2
    Main Photo: 2 3702 16 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2210196
    $679,900
    Residential
    Status:
    Active
    MLS® Num:
    A2210196
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,356 sq. ft.
    Don't miss out on this wonderful three bedroom and three full bathroom two-storey situated in the highly sought-after community of Altadore. This stunning home is within walking distance to Kiwanis Park and the River Park, as well as the vibrant shops, restaurants, and pubs of Marda Loop, and is just minutes away from schools and downtown. The property features high-end finishes, including solid core doors, a built-in sound system, and extensive Carrera marble and limestone tiling. Thoughtful details such as closet organizers, elegant lighting fixtures, and 9-foot ceilings enhance the overall aesthetic. The main floor boasts a seamless flow of hardwood and tile throughout, showcasing a gourmet kitchen equipped with espresso cabinets, stainless steel appliances, a gas stove, quartz countertops, a glass tile backsplash, and an inviting eating bar. The adjoining dining area and living room, complete with a fireplace adorned in floor-to-ceiling tile and built-in shelving, provide direct access to a spacious deck, perfect for entertaining. A conveniently located laundry room and powder room round out this thoughtfully designed space. The upper level features two generously sized bedrooms, each with its own luxurious 4-piece ensuite. The master bathroom ensuite is particularly impressive, featuring dual vessel sinks and a fully-tiled grand master shower. The fully developed basement offers a cozy family room, an additional 3-piece bathroom, and a third bedroom, providing ample space for relaxation and entertainment. Additional highlights include a single detached garage and low-maintenance living for a truly effortless lifestyle. Book your viewing today! More details
    Listed by CIR Realty
  • 1526 34 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2200167

    1526 34 Avenue SW Altadore Calgary T2T 2A9
    Main Photo: 1526 34 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2200167
    $679,000
    Residential
    Status:
    Active
    MLS® Num:
    A2200167
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    890 sq. ft.
    Charming 2-Bedroom Character Home in the Heart of Marda Loop – A Rare Investment Opportunity! Welcome to 1526 34 Ave SW, a fantastic property offering 890 SqFt of living space in one of Calgary’s most vibrant and sought-after neighborhoods, Marda Loop. This charming older character home features 2 bedrooms, 1 bathroom, and a large unfinished basement, offering significant potential for redevelopment or customization. With its prime location and lot, this property was selected for a brand new future single family bungalow to be built. The property is being sold primarily for its location and lot value, providing an exciting opportunity for those looking to invest in Calgary’s high-demand real estate market. The home currently has a tenant who is willing to stay, allowing you to generate rental income while planning your next steps. The expansive unfinished basement offers endless possibilities, whether you choose to finish it for additional living space or use it for storage. The original plan for the property was for an new build, making it a rare find in the area. Located in the heart of Marda Loop, this property places you just steps from one of Calgary’s most desirable and eclectic communities. Marda Loop is known for its vibrant, walkable streets filled with trendy boutiques, independent shops, and local dining options. Residents enjoy a variety of unique cafés like Caffe Beano, Little Empire Coffee, and The Noodle Shop, as well as incredible restaurants such as Blush Lane Organic Market, Osteria de Medici, and The Coup—perfect for foodies and coffee lovers alike. With Safeway, Calgary Co-op, and several farmer's markets nearby, grocery shopping and daily errands couldn’t be easier. Families and young professionals will appreciate the close proximity to top-rated schools such as Marda Loop School, Mount Royal Junior High, Mount Royal University and Western Canada High School. The area is also rich with parks and recreational spaces, including River Park, Altadore Park, and Glenmore Reservoir, perfect for outdoor enthusiasts and those who enjoy weekend strolls or bike rides. The Marda Loop Community Association offers a variety of activities and events throughout the year, fostering a strong sense of community and connection. Marda Loop's prime location also provides quick access to major transit routes, making commuting to downtown Calgary a breeze. Whether you're enjoying a night out in the neighborhood or heading into the city for work, everything you need is within reach. Whether you’re looking to hold for future development, restore the charm of the existing home, or build your dream property, 1526 34 Ave SW offers unmatched potential in an unbeatable location. Don’t miss out on this rare opportunity in one of Calgary’s most sought-after neighborhoods! More details
    Listed by Greater Property Group
  • 1746 35 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2205949

    1746 35 Avenue SW Altadore Calgary T2C 2T9
    Main Photo: 1746 35 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2205949
    $675,000
    Residential
    Status:
    Active
    MLS® Num:
    A2205949
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    758 sq. ft.
    2 BEDROOMS | 2 BATHROOMS | OPEN-CONCEPT LIVING | QUARTZ COUNTERTOPS | PREMIUM APPLIANCE PACKAGE | INVITING AMBIANCE This beautifully designed home blends modern elegance with everyday functionality, featuring two spacious bedrooms, two full bathrooms, and a bright, open-concept main living area. Thoughtfully crafted with comfort and style in mind, it’s perfect for both entertaining and relaxed daily living. The kitchen showcases sleek quartz countertops, a premium appliance package—including a wine fridge—and a seamless layout that flows naturally into the living and dining areas. Whether you’re hosting friends or enjoying a quiet night in, this space makes it effortless. The primary bedroom serves as a private retreat with a spa-inspired ensuite bathroom, offering a peaceful space to unwind. Downstairs, the fully developed basement adds versatile square footage—ideal for a home office, media room, or guest suite. Outside, enjoy a professionally landscaped, low-maintenance yard and a large private rear deck—perfect for morning coffee, summer BBQs, or evening relaxation under the stars. Located in the heart of Marda Loop, this home puts you just steps away from vibrant local shops, cafés, and restaurants. Experience the best of inner-city living in one of Calgary’s most sought-after communities. Don’t miss this rare opportunity to own a stunning, move-in-ready home in a neighborhood that truly has it all. More details
    Listed by Real Broker
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Data was last updated May 12, 2025 at 12:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706