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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1106 1234 5 Avenue NW
Hillhurst Calgary T2N 0R9

$674,900
Residential beds: 2 baths: 3.0 1,331 sq. ft. built: 2016

Main Photo: 1106 1234 5 Avenue NW in Calgary: Hillhurst Apartment for sale : MLS®# A2238254
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2238254
Bedrooms:
2
Bathrooms:
3
Year Built:
2016
Welcome to a beautifully maintained, barely lived in multi-level townhouse in the heart of Hillhurst. This home is steps from Riley Park and a short walk into 10th street and the Bow River. A wondreful location! The main floor has a large living room with 10ft high ceilings along with large windows facing south. The kitchen is modern with quartz counter tops, SS appliances (gas range), with high end cabinetry. An office/den along with a 2 piece bathroom plus a 2nd door that leads to the lobby entrance. The upper level has stacked laundry, some built in cabinets at the top of the stairs and 2 large bedrooms each with their own bathrooms. The master bedroom is large, bright and faces south. The ensuite is a 5 piece with a standalone tub, a walk in shower, and dual sinks. There is a large walk in closet that fits plenty of clothes and shoes. The unit comes with an underground titled parking spot and an assigned storage unit. The complex comes with a plethora of amenities that includes a fitness room on the 2nd floor and a large games room/wine room on the 2nd floor as well. Bike storage in the parkade. This well located unit won't last long!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Multi Level Unit
Total Living Area:
1,331 sq. ft.
Main Level Finished Area:
638 sq. ft.
Upper Level Finished Area:
692 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,177.00
Condo Fee Includes:
Common Area Maintenance, Insurance, Maintenance Grounds, Professional Management, Snow Removal
HOA Fee Includes:
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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Floor Location:
Ground
Entry Level:
1
Stories Total:
11
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2016 (Age: 9)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1711550
Heating:
Boiler
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
0
Garage:
No
Garage Spaces:
1
Parking:
Parkade, Stall, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Upper Level
Condo Fee Frequency:
Monthly
EZRA on Riley Park
Hillhurst
Car Wash, Clubhouse, Elevator(s), Fitness Center, Guest Suite
Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer, Window Coverings
none
Pet Restrictions or Board approval Required
Yes
Floor
Type
Size
Other
Main Floor
Dining Room
10'9" × 9'9"
Main Floor
Kitchen With Eating Area
12'8" × 11'9"
Main Floor
Office
9'8" × 7'7"
Main Floor
Entrance
5'5" × 5'4"
Upper Level
Bedroom - Primary
13'10" × 9'9"
Upper Level
Bedroom
12'10" × 12'10"
Upper Level
Walk-In Closet
8'7" × 8'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'5" x 6'5"
Upper Level
No
4
6'7" x 8'5"
Upper Level
No
5
9'9" x 12'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Closet Organizers, Crown Molding, No Smoking Home, Quartz Counters
Exterior Features:
Barbecue
Patio And Porch Features:
Patio
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Jul 11, 2025
Days on Mkt:
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Listed by RE/MAX Real Estate (Mountain View)
Data was last updated August 8, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$695,000
Min list price:
$210,000
Max list price:
$5,250,000
Avg days on market:
42
Min days on market:
7
Max days on market:
741
Avg price per sq.ft.:
$641.77
These statistics are generated based on the current listing's property type and located in Hillhurst. 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