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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7 4907 8 Street SW
Britannia Calgary T2S 2P1

$599,900
Residential beds: 2 baths: 2.0 1,149 sq. ft. built: 1957

Main Photo: 7 4907 8 Street SW in Calgary: Britannia Apartment for sale : MLS®# A2197732
Photo 1: 7 4907 8 Street SW in Calgary: Britannia Apartment for sale : MLS®# A2197732
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2197732
Bedrooms:
2
Bathrooms:
2
Year Built:
1957
Spacious 2 bedroom , 2 bathroom ground floor, end unit in a quiet, exclusive building within the prestigious community of Britannia. A large foyer with dual closets effortlessly tucks away jackets, shoes and bags. The elegant living room with crown molding invites relaxation in front of the gas fireplace. Large patio sliders stream in natural light and provide access to the private patio encouraging casual barbeques and time spent unwinding. A large dining area allows you entertain easily. Clear sightlines into the white, neutral kitchen promote unobstructed conversations. The primary bedroom is exceedingly large with a custom walk-in closet and a 5-piece ensuite for ultimate luxury! French doors open to reveal the large den for a tucked away work or hobby space or even use as a guest room thanks to the close proximity to the 4-piece bathroom. In-suite laundry, underground parking and a separate storage room further add to your comfort and convenience. This well-maintained home is outstandingly located within walking distance to exceptional amenities including Sunterra Market, Village Ice Cream, Grumans Delicatessen, Lina’s Italian Mercato, Browns Social House, the Calgary Golf and Country Club and the tranquil Elbow River. Book a showing to see for yourself!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
1,148.59 sq. ft.
Main Level Finished Area:
1,148.59 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,091.06
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, See Remarks, Sewer, Snow Removal, Trash, Water
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Ground
Entry Level:
1
Stories Total:
3
Levels:
Single Level Unit
End Unit:
End Unit, No One Below
Total Rooms Above Grade:
5
Year built:
1957 (Age: 68)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9611401
Heating:
Baseboard, Hot Water, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Tar/Gravel
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
0
Parking:
Parkade
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Britanna Park Manor
Britannia
Elevator(s), Secured Parking, Storage
Other
All unattached goods are sold as-is where-is and are not guaranteed and no representations or warranties whatsoever are given in connection therewith. As per Schedule "A"
Board Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Foyer
9'3" × 8'8"
Main Floor
Living/Dining Room Combination
18'8" × 18'2"
Main Floor
Kitchen
13'8" × 11'10"
Main Floor
Bedroom
11'10" × 9'8"
Main Floor
Bedroom - Primary
14'10" × 14'7"
Main Floor
Walk-In Closet
12' × 4'9"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
8'8" x 11'11"
Main Floor
No
4
8' x 4'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, Double Vanity, French Door, Open Floorplan, Soaking Tub, Storage, Walk-In Closet(s)
Exterior Features:
Courtyard
Patio And Porch Features:
Patio
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Feb 27, 2025
Days on Mkt:
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Listed by Real Broker
Data was last updated April 15, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
5,787
Avg list price:
$585,000
Min list price:
$119,500
Max list price:
$13,888,000
Avg days on market:
26
Min days on market:
0
Max days on market:
627
Avg price per sq.ft.:
$430.51
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706