Southeast Calgary Homes for Sale: $500,000 to $600,000 Price Range (Updated Daily)

For those seeking affordability without sacrificing quality, the southeast quadrant of Calgary offers a wide selection of homes priced between $500,000 and $600,000. This price bracket is perfect for first-time homebuyers, young professionals, and small families, providing access to vibrant communities with plenty of amenities.

Key Highlights of Southeast Calgary Homes for Sale ($500,000 to $600,000):

  • Comfortable Living Spaces: Homes in this range often feature modern layouts, efficient use of space, and are designed with both style and practicality in mind.

  • Contemporary Features: Expect to find homes with updated kitchens, bathrooms, and fixtures, as well as appealing touches like hardwood floors, stainless steel appliances, and energy-efficient systems.

  • Community Amenities: Southeast Calgary is known for its excellent schools, abundant parks, and a variety of community centers that offer programs and services for all ages.

  • Outdoor Recreation: Residents can enjoy easy access to nature trails, public parks, and other outdoor recreational facilities, perfect for active lifestyles and weekend adventures.

  • Proximity to Essentials: The area boasts great connectivity to Calgary's city center and major highways, plus proximity to shopping, dining, and entertainment options, ensuring convenience at every turn.

  • Investment Opportunity: This price range is particularly attractive for those looking to enter the housing market, with potential for property value appreciation due to Calgary’s growing demand and development.

Partner with a Trusted Real Estate Expert: Diane Richardson, with her extensive experience in Southeast Calgary’s real estate market, is ideally positioned to help you navigate your home buying journey. Diane’s commitment to client satisfaction and her knowledge of the market trends make her an invaluable resource for any buyer.

Contact Diane Richardson:

Embark on Your Home Buying Journey in Southeast Calgary

Whether you are a first-time buyer or looking to downsize, the homes in the $500,000 to $600,000 range offer great value and a supportive community environment. Let Diane Richardson assist you in finding a home that meets your needs and budget in one of Calgary’s most appealing areas.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

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198 Masters Avenue SE
Mahogany Calgary T3M 2B7

$585,000
Residential beds: 3 baths: 4.0 1,088 sq. ft. built: 2016

Patio Vibes!
Photo 1: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 2: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 3: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 4: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 5: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 6: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 7: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 8: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 9: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 10: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 11: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 12: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 13: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 14: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 15: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 16: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 17: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 18: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 19: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Photo 20: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2091364
Bedrooms:
3
Bathrooms:
4
Year Built:
2016
YOOHOO!! Attention all real estate enthusiasts! Are you tired of searching for the needle in a haystack? Well, get ready to strike gold with this gem of a property. Don't miss your chance to snag this opportunity at TODAY'S prices and take over an already guaranteed tenant until 2025. Hello, passive income! Fully developed, 3 total bedrooms & 3.5 baths! Step inside and prepare to be wowed by the open-concept main floor plan, perfect for hosting epic gatherings or cozy nights in with loved ones. Want more? How about a front lifestyle room AND a smartly designed rear kitchen and dining area? That's right, we've got it all. Upstairs boasts not one but TWO master bedrooms, each with its own ensuite and walk-in closet big enough to fit all your king-sized bed dreams (and extra furniture too). Talk about EQUALITY! But wait, there's more! This prime location is steps away from the Mahogany wetlands where you can immerse yourself in nature or take a leisurely stroll down to the main beach for some sun-kissed relaxation. It's like having your own personal vacation spot right at your doorstep. So whether you're a young professional looking for a trendy pad, an empty nester seeking low-maintenance living or a young family craving space and convenience - this home has got you covered. But don't just take our word for it, come see for yourself and make this aweome home yours today! Prices are continuing to climb so now is the time to take this opportunity into consideration! Let's go see it!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Side by Side
Total Living Area:
1,088 sq. ft.
Main Level Finished Area:
540 sq. ft.
Upper Level Finished Area:
548 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
488 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
3,013 sq. ft.
Lot Frontage:
26'9¼"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
2016 (Age: 9)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1413493
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Composite Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Additional Parking, Alley Access, Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
HOA Fee:
$584.07
Mahogany
Beach Access, Boating, Clubhouse, Dog Park, Park, Party Room, Picnic Area, Playground, Racquet Courts, Recreation Facilities, Recreation Room, Visitor Parking
Dishwasher, Dryer, Gas Range, Microwave Hood Fan, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
10'4" × 8'10"
Main Floor
Kitchen
15' × 13'5"
Main Floor
Living Room
15' × 12'
Upper Level
Bedroom
11'9" × 11'6"
Upper Level
Bedroom - Primary
13'1" × 11'
Upper Level
Walk-In Closet
8'4" × 5'5"
Lower Level
Bedroom
9'3" × 8'8"
Lower Level
Game Room
17'9" × 6'1"
Lower Level
Furnace/Utility Room
10'4" × 8'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'6"
Upper Level
Yes
3
8'11" x 6'11"
Upper Level
Yes
4
5' x 9'
Lower Level
No
4
7'8" x 5'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
High Ceilings, Breakfast Bar, Kitchen Island, No Smoking Home, Quartz Counters, Soaking Tub, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Fruit Trees/Shrub(s), Front Yard, Lawn, Landscaped, Level, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R2-M
Listed Date:
Nov 03, 2023
Days on Mkt:
  • Photo 1: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Patio Vibes!
  • Photo 2: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Modern Build Design
  • Photo 3: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Entertaining Kitchen/Dining
  • Photo 4: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Stainless Steel Appliances
  • Photo 5: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Cozy dining area
  • Photo 6: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Living Room
  • Photo 7: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    1/2 bath
  • Photo 8: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Cutie little design spaces. Hello Pinterest!
  • Photo 9: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Primary 1 with King Size bed and oversize furniture able to fit no problem!
  • Photo 10: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Photo 10 of 20
  • Photo 11: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Photo 11 of 20
  • Photo 12: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Main Floor Plan
  • Photo 13: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Upper Floor Plan
  • Photo 14: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Lake Mahogany
  • Photo 15: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Mahogany Landscape
  • Photo 16: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Mahogany
  • Photo 17: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Wetlands
  • Photo 18: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Gorgeous Parks
  • Photo 19: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Beach!
  • Photo 20: 198 Masters Avenue SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2091364
    Beach Club
Listed by Real Broker
Data was last updated May 31, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$675,000
Min list price:
$274,900
Max list price:
$2,248,900
Avg days on market:
30
Min days on market:
1
Max days on market:
574
Avg price per sq.ft.:
$432.71
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706