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.

MAHOGANY HOMES FOR SALE UNDER $500,000

HOMES FOR SALE IN MAHOGANY UNDER $500,000, MAHOGANY CALGARY REAL ESTATE

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1-12/15
  • 7320 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2187390

    7320 1802 Mahogany Boulevard SE Mahogany Calgary T3M 2C7
    Main Photo: 7320 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2187390
    $345,900
    Residential
    Status:
    Active
    MLS® Num:
    A2187390
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    502 sq. ft.
    Presenting the BILD Calgary Region Award-winning floorplan, the Carr 2, 1 bedroom + 1 bathroom. This home features 41” upper cabinets with soft close doors and drawers, luxury vinyl plank, tile as standard in the bathroom, stainless steel appliances, pot lights, and 8' wide patio door, and titled parking. All Logel Homes customers receive a 1-on-1 professional Interior Design appointment and select from over 2000 standards and upgrades. Situated in Logel Homes new development, Waterside at Mahogany, this home, spanning 543 sq. ft. (Builder's size) will allow you to experience the perfect combination of lake life and walkable amenities in a location like no other. Right at your doorstep, stroll along inner-city-esque amenities with numerous retail and shopping experiences, including coffee shops, grocery stores, and restaurants. Enjoy the beautiful parks and pathways set alongside Mahogany Lake. With 100 sales in 6 months, located only 100 ft from Lake Mahogany and 200m from all the shopping of Village Market, don’t miss out on the best condo location in Calgary - Waterside at Mahogany. Acknowledged as Calgary’s most award-winning multi-family builder, Logel Homes is built on a legacy of innovation, quality, and a passion for exceptional customer experience. Recently named the four-time consecutive Large Volume Multi-Family Builder of the Year, 8-time Best Customer Experience & 2023’s Builder of Choice, and Canada’s Best Managed Platinum winner, Logel Homes is setting the standard for multi-family living. More details
    Listed by RE/MAX Real Estate (Central)
  • 707 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2188012

    707 135 Mahogany Parade SE Mahogany Calgary T3M 2J9
    Main Photo: 707 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2188012
    $439,500
    Residential
    Status:
    Active
    MLS® Num:
    A2188012
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,115 sq. ft.
    Located in Calgary's premier lake community, this two-storey home features a seamless open layout that integrates the kitchen, dining, and living areas, perfect for everyday life and entertaining. The kitchen has stainless steel appliances and an island with quartz countertops. Upstairs, you'll find two generously sized bedrooms with ensuite bathrooms and large closets, offering privacy and convenience. The upper floor also includes a laundry area, adding to the home's practicality. Superior insulation, exceeding building code by 40%, ensures that ZEN homes are quieter, more durable, and warmer than traditionally built homes. The house also includes a Fresh Air System (HRV) for improved indoor air quality and energy-efficient features like double-coated, triple-pane windows and extra insulation. Experience this ZEN townhome's ultimate blend of comfort, modern living, and close lakeside lifestyle.. Photos are representative. More details
    Listed by Bode
  • 704 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2187517

    704 135 Mahogany Parade SE Mahogany Calgary T3M 2J9
    Main Photo: 704 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2187517
    $285,500
    Residential
    Status:
    Active
    MLS® Num:
    A2187517
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    536 sq. ft.
    The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. ZEN townhomes feature superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. Ideal for first-time homebuyers or investors, the Braeburn offers a smart, efficient introduction to homeownership. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style, making it a great investment. Photos are representative. More details
    Listed by Bode
  • 304 402 Marquis Lane SE in Calgary: Mahogany Apartment for sale : MLS®# A2185993

    304 402 Marquis Lane SE Mahogany Calgary T3M 2G7
    Main Photo: 304 402 Marquis Lane SE in Calgary: Mahogany Apartment for sale : MLS®# A2185993
    $379,000
    Residential
    Status:
    Active
    MLS® Num:
    A2185993
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    877 sq. ft.
    Condo Living in the Heart of Mahogany – LAKE PRIVILEGES A perfect blend of convenience and lifestyle in this highly sought-after complex in Mahogany. This two-bedroom, two-bathroom condo is situated in a desirable lake community offering exclusive lake privileges and easy access to Fish Creek Park, schools, public transit, and all essential amenities. Step inside to an open-concept that connects the living room, dining area, and kitchen. The kitchen is great for those that love to cook and entertain. Kitchen features granite countertops, stainless steel appliances, and a large multipurpose room just off the kitchen—ideal for use as a pantry, storage, and laundry space. There is ample cabinetry and an L-shaped island complete with an eating bar, this kitchen has it all. The main living area features laminate flooring, and carpeting in the bedrooms. The spacious master bedroom boasts a walk-through closet leading to a private 3-piece ensuite. The second bedroom is generously sized, featuring a large closet and convenient access to the second 4-piece bathroom. Additional features include in-suite laundry, a spacious south facing balcony with a gas outlet for BBQs. Enjoy the titled heated underground heated parking spot. Plus, guests are welcomed with plenty of on-site visitor parking. Don't miss this opportunity to own an incredible condo in a vibrant and growing community with endless recreational and lifestyle amenities. Your Mahogany lakefront lifestyle awaits! More details
    Listed by Diamond Realty & Associates LTD.
  • 114 11 Mahogany Circle SE in Calgary: Mahogany Apartment for sale : MLS®# A2186929

    114 11 Mahogany Circle SE Mahogany Calgary T3M 2Z3
    Main Photo: 114 11 Mahogany Circle SE in Calgary: Mahogany Apartment for sale : MLS®# A2186929
    $410,000
    Residential
    Status:
    Active
    MLS® Num:
    A2186929
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    569 sq. ft.
    The lake is behind the house with one minute walk to the water! Come live in the lap of luxury at Westman Village – Mahogany Lake by Jayman BUILT. This resort style condo complex offers countless benefits and amenities. This ground floor 569 sq. ft. condo is composed of one bedroom plus den, one 4pc updated bath and an open concept design for the kitchen/LR area. The kitchen has been upgraded with new cabinets, quartz countertops, a breakfast bar and stainless appliances. The primary bedroom features a large closet and the bonus room adjacent could serve as a home office or space for guests. En suite laundry and storage provide additional convenience. Other pluses include air conditioning, a patio with gas hookup for your BBQ, a heated underground parking stall, common area maintenance, security and guest suite. The amenities offered by Village life are overwhelming! For the physically active these include several pools geared to your specific requirement, a gym, exercise room and walking track plus hot tub and steam room for after workout. For the social type there is a theatre, party room, virtual golf, billiards and darts. For those with an artistic bent a craft room woodworking shop, green thumb room and library. For the foodies there is an industrial kitchen and wine room. There is also a fire pit, playground, both car and dog washes and EV charging stations. All this plus various shops, pharmacies, medical and dental facilities, fitness clubs and restaurants and bars such as the prestigious Chairman’s Steak House, Alvin’s Jazz Club, Analog Coffee and Diner Deluxe. To top it all off access to the Mahogany Beach Club and Lake. If you do need to leave this perfect world, access is easy to Stoney and Deerfoot Trails, 52nd Street SE with its many shops, the South Health Campus and various schools. This is the epitome of the good life. Call for your exclusive viewing and begin enjoying today. More details
    Listed by Comox Realty
  • 1211 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2182906

    1211 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 1211 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2182906
    $404,900
    Residential
    Status:
    Active
    MLS® Num:
    A2182906
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    943 sq. ft.
    This stunning unit is the largest in the complex on the market right now! Embrace the allure of lakeside living in this elegant 2-bedroom, 2-bathroom CORNER apartment with a titled heated underground parking spot, situated in the coveted Mahogany community. As one of the largest CORNER units in the building, this spacious residence offers both comfort and style in a prime location. Ready for immediate occupancy, this spacious residence is a haven for those who appreciate modern design, easy maintenance, and close proximity to Mahogany Lake, shopping, and a full range of amenities. Step into your ideal home featuring an open-concept layout, large windows in every bedroom that fill the bedrooms with natural light, a generous living area, built-in closets, and a well-planned design focused on comfort. Just a short walk from the Mahogany Lake Beach Club, this apartment offers quick access to peaceful outdoor retreats. The kitchen is a culinary enthusiast’s dream, equipped with stainless steel appliances, a practical sit-up island, plentiful upgraded cabinet space, and granite countertops in both the kitchen and bathrooms. Additional conveniences include an in-unit washer and dryer, titled underground parking with a storage locker, and a spacious balcony overlooking the courtyard, complete with a natural gas line for effortless summer BBQs. Situated just a 4-minute walk from Mahogany’s West Beach, you'll have access to picnic areas, a playground, beach volleyball and basketball courts, a fire pit, a dock, a fishing pier, and a day-use complex with washrooms and changing facilities. Whether you’re skating in the winter, grilling in the summer, or taking leisurely walks in the fall, Mahogany provides a vibrant outdoor lifestyle year-round. This apartment is perfect for first-time homebuyers and savvy investors alike. Pets under 20 lbs are welcome (up to 2, with board approval). Schedule a showing today and explore the 3D iGuide Virtual Tour! More details
    Listed by CIR Realty
  • 3112 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2182779

    3112 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 3112 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2182779
    $398,900
    Residential
    Status:
    Active
    MLS® Num:
    A2182779
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    937 sq. ft.
    LARGE TWO BEDROOM TWO BATHROOM PLUS DEN in a popular Mahogany complex. NEW luxury plank, NEW carpet in the bedrooms, freshly painted throughout! This unit has open layout with huge windows which bring lots of natural light. Cozy private patio for BBq nights and summer time chillouts. Functional kitchen. Good sized bedrooms and even space for your own office! All these in a well cared for complex and close to absolutely everything- Mahogany Lake, Westman Village, South Campus, shopping, dining and transportation. Great for the first time Buyers or Investment More details
    Listed by CIR Realty
  • 1403 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2180660

    1403 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 1403 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2180660
    $384,900
    Residential
    Status:
    Active
    MLS® Num:
    A2180660
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    844 sq. ft.
    This stunning top-floor 2-bedroom, 2-bathroom condo is located at 11 Mahogany Row SE, in the desirable community of Mahogany. Featuring underground parking, the unit offers convenient access to Mahogany's private lake. The condo boasts breathtaking lake views, providing a serene atmosphere right from your living space. With modern finishes, recently changed carpets, new paint, and ample natural light, this condo is perfect for those seeking a stylish and comfortable lifestyle. Additionally, there is a city view from the balcony. It's within walking distance to all amenities, with easy access to Deerfoot, Stoney Trail, and 52nd. Enjoy the convenience of nearby amenities and exclusive access to the community's beach and recreational facilities. More details
    Listed by Century 21 Bravo Realty
  • 3309 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2179716

    3309 11 Mahogany Row SE Mahogany Calgary T3M 2L6
    Main Photo: 3309 11 Mahogany Row SE in Calgary: Mahogany Apartment for sale : MLS®# A2179716
    $409,900
    Residential
    Status:
    Active
    MLS® Num:
    A2179716
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    939 sq. ft.
    ONE OF THE LARGEST IN THE COMPLEX, over 938 sq ft 2 bedroom, 2 bath & OFFICE CORNER UNIT condo with TITLED PARKING, presents an opportunity for you to own real estate for less than what you would pay in rent! OR BUY AN ENVESTMENT. In the beautiful community of Mahogany this complex is located conveniently close (just a short walk) to the Mahogany Shopping Village and Westman Village shopping plaza. With easy access to both Stoney and Deerfoot trails, and just a short 5-minute walk from the amenities within the 4 season Mahogany community including 74 acre wetlands with surrounding walking/cycling trails, 3 gated and connected lakes with wide sandy beaches for residents and their guests to enjoy year round with free use of kayaks, canoes, pedal boats, SUPs, beach volleyball, NG fire pits, BBQ sites, many playgrounds, movies in the park, fishing in all 3 lakes and tennis/pickleball courts. There is an abundance of winter activities such as skating on the lake with a Zamboni cleared path, along with annual year-round celebration open to all residents. Central to this vibrant community is the 22,000 sq. ft. Mahogany Beach Club facility which hosts even more activities, programs, a full-size gymnasium and gathering spaces. The expanding local village market offers a car wash, a pharmacy, shopping, restaurants, doctors, dentists, banks, coffee shops and so much more. South Health Campus hospital and the world’s largest YMCA are both a 5-minute drive away. Area schools and daycares provide many choices for your family. This modern spacious condo is designed in a classic white and black style, white beautiful quartz counters, SS appliances with water and ice in the refrigerator and a Breakfast bar that seats at least 3. The primary bdrm is large enough for big furniture and has a walk-in closet as well as a 4-piece ensuite with a deep soaker tub and dual flush toilet. The 2nd bdrm is a good size and the 2nd 4-piece bath also has a soaker tub and dual flush toilet. There is a desk area in the hallway, and a large balcony, covered and facing west, perfect for summer sunsets. Comes with secure underground titled parking and 1 storage locker, conveniently located Infront of the parking stall. Don't miss this opportunit More details
    Listed by One Percent Realty
  • 207 30 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2178794

    207 30 Mahogany Mews SE Mahogany Calgary T3M 3H4
    Main Photo: 207 30 Mahogany Mews SE in Calgary: Mahogany Apartment for sale : MLS®# A2178794
    $329,500
    Residential
    Status:
    Active
    MLS® Num:
    A2178794
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    603 sq. ft.
    Life is best at the lake! Welcome home to this IMPECCABLE 2-bedroom fully FURNISHED condo in desirable Sandgate in Mahogany. Building is equipped with its own GYM. You will love this award-winning LAKE COMMUNITY with beaches, 22 km of pathways, parks, and walking distance to restaurants, shops, green spaces, fitness centers, studios, and more. This BEAUTIFUL MODERN unit is the perfect place to call home or an excellent investment opportunity. The fresh, MODERN open design features BRIGHT WHITE cabinets, QUARTZ countertops, STAINLESS STEEL appliances, and a BREAKFAST BAR overlooking the dining area and living room. The patio door leads to your LARGE BALCONY with gas hookup. There are 2 bedrooms, including a spacious primary. There is also a full bathroom, in-suite laundry, storage, and a parking stall. Why rent when you can own and live in one of Calgary’s top communities? Excellent LOCATION within walking distance to restaurants, shops, fitness centers, studios, playgrounds, and more! More details
    Listed by RE/MAX Real Estate (Central)
  • 105 2231 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2177408

    105 2231 Mahogany Boulevard SE Mahogany Calgary T3M 3E1
    Main Photo: 105 2231 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2177408
    $405,000
    Residential
    Status:
    Active
    MLS® Num:
    A2177408
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    567 sq. ft.
    Welcome to this Ground level, 2 Bedroom, (second bedroom could be an office/den or dining room also) 1 Bathroom condo in WESTMAN VILLAGE in the amazing SE LAKE community of Mahogany ! Lets talk about your life style with ALL the amenities this state of the art condo has to offer, with full Concierge Service and 24/7 on site security, the full sized fitness gym, the full sized indoor pool, Hot tub spa and water slide, the spin classes, the entire second floor of village centre is where you'll find a lot of the amenities, such as the full sized indoor basketball court (and pickle ball), the full sized movie theatre, Party room with pool tables and dart boards, an entertainment kitchen/lounge and a golf simulator ! You also get access to a full kitchen room for cooking classes, or just hosting a good time ! This floor is complete with a 3 season social bar, a library, a "live greenery" sitting room, a board room and a walking path with lap counters to help you get your steps in ! In the basement you have access to a child craft room and a full wood working shop ! in the parkade there is a car wash & a pet wash, with an abundance amount of underground visitor parking ! (but don't worry, its completely separate for the secured owners parking) for the dog lovers, there is a dog run specifically for large dogs and one for small dogs. A portion of the main level is commercial space with shops and businesses, like Analog coffee, Chopped leaf, Pie Junkie, Marble Slab, Dentists, Optometrist, Medical, and so much more ! This is also the home of the famous "Chairmans Steak House". This complex is a one of a kind ! This unit welcomes you with LVP throughout, with quartz counters and stainless steel appliances ! A second bedroom (could be used as a den/office also), in unit Laundry and storage, and a large patio, with a gate, giving you direct access without having to go through the building. You are also directly beside the lake which you get full access to ! Living in WESTMAN VILLAGE, you would rarely ever have the leave the building ! A MUST SEE to truly appreciate ! More details
    Listed by eXp Realty
  • 344 Masters Crescent SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2176064

    344 Masters Crescent SE Mahogany Calgary T3M 3W9
    Main Photo: 344 Masters Crescent SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2176064
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2176064
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,230 sq. ft.
    Introducing "The Newport" by Mountain Pacific Homes. This spacious open concept home caters to all lifestyle needs. The U-shaped kitchen, adorned with a single-sided waterfall island, invites culinary adventures and includes appliances. Abundant natural light fills the home through large windows. Step onto the balcony with built-in gas line for outdoor grilling. The central dining area suits family dinners, entertaining, or game nights. Upstairs features 2 master bedrooms, one of which - the 4 piece ensuite boasts a walk-in closet. Also find stacked laundry, and a second master with its own ensuite. Embrace comfort and functionality in this exquisite residence. *Photos are representative* More details
    Listed by Bode
1-12/15
Data was last updated January 22, 2025 at 12:05 AM (UTC)

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  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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Cell: 403-397-3706