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.

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202 11 Avenue NW
Crescent Heights Calgary T2M 0B8

$1,150,000
Residential beds: 7 baths: 3.0 3,567 sq. ft. built: 1928

Main Photo: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 1: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 2: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 3: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 4: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 5: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 6: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 7: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 8: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Photo 9: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2216921
Bedrooms:
7
Bathrooms:
3
Year Built:
1928
A truly exceptional opportunity in the coveted community of Crescent Heights! Zoned with approval already in place for eight suites, this 50' x 120' property provides a head start for your next project. Situated on a corner lot, this two-storey property offers incredible potential for builders, developers, or investors looking to capitalize on one of Calgary’s most sought-after inner-city neighbourhoods. Whether you choose to develop immediately or hold as a long-term investment, opportunities like this are exceedingly rare. Surrounded by new and modern homes, it’s just steps from parks, schools—including Crescent Heights High School—and minutes to downtown, local shops, and restaurants. With strong land value appreciation, high rental demand, and unbeatable proximity to the Bow River and city core, this is a remarkable chance to secure a prime piece of land in one of Calgary’s most vibrant, established communities. Don’t miss your chance to build or invest in Crescent Heights—opportunities like this don’t come along often in this beloved community.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
3,566.8 sq. ft.
Main Level Finished Area:
1,599.3 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'
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:
Two
Total Rooms Above Grade:
12
Year built:
1928 (Age: 97)
Bedrooms:
7 (Above Grd: 5)
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
3946N
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Cedar Shake
Ensuite:
No
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Common Area, In Basement
Crescent Heights
Other, See Remarks
N/A
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Dining Room
15'6" × 12'10"
Main Floor
Living Room
16' × 15'6"
Main Floor
Entrance
7'11" × 7'3"
Main Floor
Kitchen
17'4" × 12'
Main Floor
Bedroom
15'1" × 11'1"
Main Floor
Bedroom
12'7" × 11'
Main Floor
Bedroom - Primary
14'1" × 11'8"
Main Floor
Flex Space
10'11" × 7'1"
2nd Floor
Dining Room
12'6" × 11'7"
2nd Floor
Kitchen
12'9" × 11'1"
2nd Floor
Living Room
25'2" × 14'6"
2nd Floor
Bedroom
15'9" × 10'6"
3rd Floor
Bedroom
16'7" × 9'8"
3rd Floor
Bonus Room
23'6" × 16'10"
Basement
Furnace/Utility Room
12'9" × 10'10"
Basement
Kitchen
11'7" × 11'4"
Basement
Laundry
10'6" × 7'2"
Basement
Bedroom
12'7" × 10'9"
Basement
Bedroom
13'10" × 12'8"
Basement
Flex Space
10'11" × 8'9"
Basement
Game Room
17'10" × 11'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'8" x 7'11"
2nd Floor
No
4
6'8" x 7'9"
Basement
No
4
8'6" x 7'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Beamed Ceilings, Ceiling Fan(s), Natural Woodwork, See Remarks, Separate Entrance, Track Lighting
Exterior Features:
Balcony, Other
Patio And Porch Features:
Balcony(s), Deck, Front Porch, Rooftop Patio
Lot Features:
Back Lane, Back Yard, Corner Lot, Few Trees, Front Yard, Fruit Trees/Shrub(s), Lawn, Rectangular Lot, See Remarks, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
May 02, 2025
Days on Mkt:
  • Photo 1: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 1 of 9
  • Photo 2: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 2 of 9
  • Photo 3: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 3 of 9
  • Photo 4: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 4 of 9
  • Photo 5: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 5 of 9
  • Photo 6: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 6 of 9
  • Photo 7: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 7 of 9
  • Photo 8: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 8 of 9
  • Photo 9: 202 11 Avenue NW in Calgary: Crescent Heights Detached for sale : MLS®# A2216921
    Photo 9 of 9
Listed by RE/MAX House of Real Estate
Data was last updated August 11, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$359,900
Min list price:
$187,900
Max list price:
$2,390,000
Avg days on market:
47
Min days on market:
2
Max days on market:
200
Avg price per sq.ft.:
$476.86
These statistics are generated based on the current listing's property type and located in Crescent Heights. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA