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.

CALGARY HOMES FOR SALE UNDER $300,000

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  • 5205 302 Skyview Ranch Drive NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2211529

    5205 302 Skyview Ranch Drive NE Skyview Ranch Calgary T3N 0P5
    Main Photo: 5205 302 Skyview Ranch Drive NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2211529
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211529
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    810 sq. ft.
    Welcome to 5205-302 Skyview Ranch Road NE — an impeccably updated 2-bedroom, 2-bathroom condo offering contemporary living in Calgary’s vibrant Skyview Ranch community. This stylish unit features brand-new laminate flooring and a fresh coat of paint, creating a bright and inviting atmosphere. The open-concept layout seamlessly connects the spacious living area to a modern kitchen, complete with sleek cabinetry, stainless steel appliances, and ample counter space—perfect for both everyday living and entertaining. Enjoy the convenience of in-suite laundry, a private balcony for outdoor relaxation, and the comfort of heated underground parking. Situated in a prime location, this condo offers easy access to major roadways like Country Hills Boulevard, Stoney Trail, and Deerfoot Trail, making commutes a breeze. The Calgary International Airport is just a short drive away, and nearby amenities include public and catholic schools, parks, shopping centers like the Cross Iron Mills and Costco, and public transit options ( Saddletowne C-train station located 10 mins away) , ensuring all your daily needs are met. Experience the perfect blend of style, comfort, and convenience in this exceptional Skyview Ranch residence. More details
    Listed by CIR Realty
  • 406 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2222718

    406 2505 17 Avenue SW Richmond Calgary T3E 7V3
    Main Photo: 406 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2222718
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222718
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    623 sq. ft.
    Step into modern urban living with this oversized one-bedroom unit, where floor-to-ceiling windows and an airy open-concept layout create a bright and inviting atmosphere. The spacious main foyer welcomes you into this thoughtfully designed home, leading seamlessly to the heart of the unit—the sleek and contemporary kitchen. Featuring a gas cooktop, stainless steel appliances, quartz countertops, and custom-fitted cabinetry, this culinary space is as functional as it is stylish. A convenient breakfast bar offers a casual dining option, while an adjacent area provides room for more formal dining. Beyond the kitchen, the living room is a showstopper, bathed in natural light from the expansive windows that frame stunning east-facing views of downtown. Generously sized, this space effortlessly connects to the open floor plan, offering both comfort and versatility. Step outside onto the large private deck, where the city skyline serves as the perfect backdrop for relaxing mornings or entertaining guests. The spacious bedroom, located just off the main living area, continues the theme of light and openness with its own floor-to-ceiling windows and captivating downtown views. Designed for convenience, the elegantly finished bathroom is easily accessible from both the bedroom and the main living space. This premium unit also comes with valuable extras, including a heated underground parking stall, a secure storage unit, and dedicated bike storage—ideal for urban dwellers seeking both comfort and practicality. Perfectly positioned on vibrant 17th Avenue, this residence offers quick access to the best dining, entertainment, and amenities the city has to offer. With in-unit laundry and a smartly designed layout that maximizes every inch of space, central air conditioning and the availability of fiber optic data - this modern apartment stands out with its premium finishes and unparalleled location. To top it off, buyers have the opportunity to assume a 1.79% MORTGAGE RATE until July 2026. Don't miss out on this exceptional inner-city home! More details
    Listed by RE/MAX First
  • 103 4507 45 Street SW in Calgary: Glamorgan Apartment for sale : MLS®# A2223130

    103 4507 45 Street SW Glamorgan Calgary T3J 6K7
    Main Photo: 103 4507 45 Street SW in Calgary: Glamorgan Apartment for sale : MLS®# A2223130
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2223130
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,111 sq. ft.
    *NEW PRICE!* Welcome to this bright and spacious main floor condo in the heart of Glamorgan! With a large open-concept layout, this two-bedroom, two-bathroom unit offers the perfect canvas for your personal touch. You'll love the oversized kitchen, complete with a pantry and plenty of counter space—ideal for entertaining or everyday living. Cozy up by the natural gas fireplace in the expansive living area, or enjoy your morning coffee on the charming south-facing patio that fills the home with beautiful sunlight all day long. The unit features in-suite laundry for your convenience, and the bedrooms are generously sized, including a primary suite with its own full bathroom. While the finishings are original and ready for a refresh, the smart layout and sunny disposition of this home make it a rare opportunity to create something truly special. Located in a well-managed complex in one of Calgary’s most desirable southwest communities, you're just minutes from shopping, parks, and easy access to downtown. Don't miss the chance to make this bright and welcoming space your own! More details
    Listed by The Real Estate District
  • 4206 4641 128 Avenue NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2226369

    4206 4641 128 Avenue NE Skyview Ranch Calgary T3N 1T5
    Main Photo: 4206 4641 128 Avenue NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2226369
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2226369
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    707 sq. ft.
    PRICE DECREASE FOR QUICK SALE !! Welcome to this bright and stylish 2-BEDROOM, 2-BATHROOM apartment featuring HEATED UNDERGROUND PARKING and a PRIVATE BALCONY in a well-managed complex! This spacious unit offers an OPEN-CONCEPT LAYOUT perfect for both everyday living and entertaining. The kitchen is thoughtfully designed with CEILING-HEIGHT CABINETRY, STAINLESS STEEL APPLIANCES, and a CONVENIENT BREAKFAST BAR, and PANTRY. The PRIMARY BEDROOM includes a WALK-THROUGH CLOSET and a PRIVATE 4-PIECE ENSUITE, while the SECOND BEDROOM is well-sized and the SECOND FULL BATHROOM—ideal for guests or a home office. Both bathrooms are upgraded with TILE-TO-CEILING SHOWER SURROUNDS for a sleek, modern finish. Enjoy your morning coffee or evening wind-down on your PRIVATE BALCONY. Additional features include, DAYCARE WIRHIN THE COMPLEX convenient for working parents IN-SUITE LAUNDRY, HEATED UNDERGROUND PARKING, and AMPLE VISITOR PARKING. Located minutes from STONEY TRAIL and METIS TRAIL, right opposite to DOLLARAMA, SANJHA PUNJAB GROCERY, and DESI BISTRO RESTAURANT, this home is surrounded by everyday essentials and amenities. SCHOOLS, PARKS, GAS STATION, and PUBLIC TRANSIT are at close proximity. Ideal for FIRST-TIME BUYERS, DOWNSIZERS, or INVESTORS—this home offers practical value and convenience. Book your private showing today! More details
    Listed by Century 21 Smart Realty
  • 1107 60 panatella Street in Calgary: Panorama Hills Apartment for sale : MLS®# A2228256

    1107 60 panatella Street Panorama Hills Calgary T3K 5Z6
    Main Photo: 1107 60 panatella Street in Calgary: Panorama Hills Apartment for sale : MLS®# A2228256
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2228256
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    859 sq. ft.
    Spacious 2 Bed + Den | 2 Bath Condo with Underground Parking – Unbeatable Value in a Prime Location! Condo fees include every utility! Discover the perfect blend of comfort and convenience in this bright and spacious 850 sq ft condo featuring 2 bedrooms, 2 full bathrooms, a flexible den/home office, and in-suite laundry. One of the standout features of this home is the titled underground parking stall—no more scraping snow off your windshield or searching for street parking. Enjoy secure, heated parking all year round! The open-concept layout is ideal for entertaining or relaxing, and the well-designed floorplan ensures maximum use of space. Whether you’re working from home or hosting friends, this condo has you covered. Located in a vibrant, family-friendly community just minutes from Stoney Trail, this unit offers easy access to major routes, shopping, dining, transit, parks, schools, fitness centers, and scenic walking paths. Currently tenanted, this property is a turn-key investment opportunity or a great first home with rental income already in place. Don’t miss this well-maintained, affordable condo with the rare bonus of underground parking in a prime location. Priced to sell! More details
    Listed by CIR Realty
  • 605 1500 7 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2231228

    605 1500 7 Street SW Beltline Calgary T2R 1A7
    Main Photo: 605 1500 7 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2231228
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231228
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    482 sq. ft.
    Investors or First Time Buyers! This is the prefect Executive one bedroom condo located on the 6th Floor in a West facing unit, bright sunlight from the floor to ceiling window and surrounded by expanding views. It has an open concept floor plan with an upgraded kitchen, Granite countertops, full height contemporary cabinets, stainless steel appliances wide plank laminate floors, 9' Ceilings and ensuite laundry. Enjoy walking home from work to this Stylish condo close to all the Shops and Restaurants, to relax and watch the sun go down on your west facing balcony. This condo unit can be pet friendly with up to 2 pets with board approval and maximum weight of 25 kg (55 lbs) each. It also comes with 1-underground Titled Parking stall and 1-Titled Storage locker. This home can come fully furnished for ask Realtor for details. More details
    Listed by Hope Street Real Estate Corp.
  • 1706 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2231534

    1706 910 5 Avenue SW Downtown Commercial Core Calgary T2P 0C3
    Main Photo: 1706 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2231534
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231534
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    663 sq. ft.
    Experience luxury living in the sought after Five West II Tower. Nestled in an unbeatable location in the heart of downtown, this executive 1 bedroom / 1 bathroom condo offers a convenient lifestyle for those wanting to enjoy everything inner city living has to offer. As you step inside, you’ll be captivated by an abundance of natural light, gleaming hardwood floors and a modern open concept floorplan. The elegant kitchen overlooks a spacious dining area (or flex space) and boasts a large island with breakfast bar, stainless steel appliances, granite countertops, and an abundance of storage including a built in pantry. As you enter the living room you can't help but notice the floor to ceiling windows with expansive views of downtown, and a cozy gas fireplace….the perfect place to relax after a long day. The primary bedroom offers plenty of space for a kingsize bed, double closets, and private access to the 4pc bathroom. This unit is fully equipped with insuite laundry, 1 titled underground parking stall and an assigned storage locker. Indulge in the best that Calgary has to offer just steps away, from restaurants, shopping, entertainment districts, Prince’s Island Park, the Bow River Pathway, and beyond. Close to all amenities and easy access to the LRT, bike paths, and more. Five West II is a highly sought after residential complex, offering concierge service, secured underground parking, visitor parking, a complimentary car wash, bicycle storage, residents’ lounge with games area, and a state-of-the-art residents terrace. Don’t miss the opportunity to call this beautiful property home! Please note – some photo’s have been virtually staged. More details
    Listed by CIR Realty
  • 4314 16969 24 Street SW in Calgary: Bridlewood Apartment for sale : MLS®# A2232295

    4314 16969 24 Street SW Bridlewood Calgary T2Y 0J7
    Main Photo: 4314 16969 24 Street SW in Calgary: Bridlewood Apartment for sale : MLS®# A2232295
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2232295
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    842 sq. ft.
    WOW! We have a new price for this 2 bedroom top floor unit with underground parking is bright, in suit laundry, super clean and well-maintained! Open concept kitchen with microwave hood fan, plenty of cabinet & counter space and raised eating bar overlooks dining and living rooms. Large south-facing balcony is covered and will fit a patio set and BBQ. Professional managed building with condo fees that include electricity, water/sewage & heat. Walk to schools, restaurant & pub, Tim Hortons, Sobeys, and more. Book your personal Showing Today! Sellers are motivated to sell! More details
    Listed by TREC The Real Estate Company
  • 1211 1317 27 Street SE in Calgary: Albert Park/Radisson Heights Apartment for sale : MLS®# A2233336

    1211 1317 27 Street SE Albert Park/Radisson Heights Calgary T2A 4Y5
    Main Photo: 1211 1317 27 Street SE in Calgary: Albert Park/Radisson Heights Apartment for sale : MLS®# A2233336
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233336
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    764 sq. ft.
    Exceptional Opportunity – Includes 2 Titled Underground Parking Stalls! Say goodbye to the hassle of street parking. This beautifully updated condo is a rare find, offering two titled underground parking stalls—a true luxury in urban living. Step into a bright, modern, and move-in-ready home featuring newer laminate flooring, fresh paint, and contemporary ceiling fans. The open-concept layout creates an inviting atmosphere, perfect for both relaxing and entertaining. The spacious living area flows seamlessly into a well-appointed kitchen with sleek medium-tone wood cabinetry, granite countertops, stainless steel appliances, a ceran top stove, and a convenient breakfast bar. This home offers two generous bedrooms, including a large primary suite complete with a walk-in closet and a private ensuite. A second full bathroom includes granite countertops, glass sliding shower doors, and a full-size stacked washer and dryer for added convenience. Need extra space? The versatile den is ideal for a home office, study area, or additional storage. Enjoy warm summer evenings on the nearly 100 sq. ft. south-facing balcony, large enough for a full patio set and more—perfect for entertaining or simply relaxing. The building is currently undergoing stylish updates, including new flooring and fresh paint throughout all common areas, enhancing its modern appeal. Unbeatable location: Just a short walk to Albert Park Centennial Gardens, the community centre with hockey/skating rink, community gardens, and a playground just steps from your door. Nearby schools include Radisson Park (K–12), Bishop Kidd, and Father Lacombe—ideal for families. Minutes to shopping, transit, schools, and parks, with quick access to Deerfoot Trail and Downtown. More details
    Listed by MaxWell Capital Realty
  • 6315 302 Skyview Ranch Drive NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2233557

    6315 302 Skyview Ranch Drive NE Skyview Ranch Calgary T3N 0P5
    Main Photo: 6315 302 Skyview Ranch Drive NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2233557
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233557
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    891 sq. ft.
    Don’t miss this rare opportunity! Welcome to Unit 6315 at Orchard Sky—a corner unit offering incredible value and one of the largest layouts in the entire complex with 890 sqft of thoughtfully designed living space. This spacious 2-bedroom, 2-bathroom home comes complete with 2 titled parking spots (one heated underground and one surface) and a dedicated storage unit—ideal for both convenience and peace of mind. Step inside to enjoy the comfort of open-concept living, perfect for both relaxing and entertaining. Step out onto your private balcony, the perfect spot for a quiet morning coffee or evening tea. Located in the vibrant community of Skyview Ranch, this condo puts you within walking distance of schools, parks, shopping centers, and bus stops. Plus, with easy access to Stoney Trail, Cross Iron Mills and major commercial hubs are just a short 10–15 minute drive away. This corner unit won’t last long—schedule your showing today before it’s gone More details
    Listed by CIR Realty
  • 6 206 Grier Terrace NE in Calgary: Greenview Row/Townhouse for sale : MLS®# A2234293

    6 206 Grier Terrace NE Greenview Calgary T2K 2Y7
    Main Photo: 6 206 Grier Terrace NE in Calgary: Greenview Row/Townhouse for sale : MLS®# A2234293
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234293
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    982 sq. ft.
    Two Bedroom Condo Townhouse – Investor/First Time Buyer Alert! This exceptional end unit two bedroom townhouse represents an outstanding opportunity. It's a perfect fit for both first time home buyers and savvy investors. Step into this inviting end unit and discover a comfortable and functional living space. The main floor boasts an open concept design, seamlessly connecting the kitchen and living room. You'll find a convenient in suite laundry room and generous storage space under the stairs. The spacious living room is bathed in natural light thanks to an entire wall of NEW windows. Leading out through sliding patio doors is your private deck and a sunny, semi-fenced east-facing backyard – an ideal spot for relaxing or entertaining. Upstairs, you'll find a large master bedroom and a good sized second bedroom. This townhouse is tucked away in a remarkably quiet location at the end of a no-through road, offering a peaceful retreat without sacrificing convenience. The complex itself is beautifully maintained with extraordinary landscaping, featuring an abundance of mature shrubs and large trees. Location is everything, and this property delivers! You're just minutes from the Calgary International Airport, Downtown Calgary, and Deerfoot Trail, ensuring effortless commutes. Key institutions like SAIT, the University of Calgary, Foothills Medical Centre, and Alberta Children's Hospital are all within a 15-minute drive, putting everything you need within easy reach. Don't wait, book your showing today! More details
    Listed by 2% Realty
  • 1406 298 Sage Meadows Park NW in Calgary: Sage Hill Apartment for sale : MLS®# A2236929

    1406 298 Sage Meadows Park NW Sage Hill Calgary T3P 1P5
    Main Photo: 1406 298 Sage Meadows Park NW in Calgary: Sage Hill Apartment for sale : MLS®# A2236929
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236929
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    644 sq. ft.
    Welcome to Georgia 2 by Brad Remington Homes, a stylish TOP FLOOR 2-bedroom + den, 1-bathroom condo designed for modern living. This bright, open-concept layout features 9-foot ceilings and premium vinyl plank flooring, creating a seamless and contemporary feel. The gourmet kitchen is a true highlight, complete with quartz countertops, soft-close cabinetry, and a full stainless steel appliance package including a refrigerator, stove, built-in dishwasher, over-the-range microwave, and a front-load washer and dryer. The spacious primary bedroom offers direct access to the shared ensuite, while the versatile den is perfect for a home office or cozy reading nook. Step outside to your private patio, an ideal spot for savouring morning coffee or evening relaxation. For added convenience, this home includes a titled parking stall, private storage unit, and in-suite laundry, making everyday living easy and organized. Set in the heart of Sage Hill Park, this sought-after community is surrounded by lush green space, tranquil ponds, and regional bike paths. Shopping and dining are just steps away at Sage Hill Crossing, with even more amenities at Beacon Hill Centre, including Costco. Walk-in clinics, dental offices, physio and massage services are just down the block, and Stoney Trail is minutes away for a quick commute. This modern condo is perfect for first-time buyers, downsizers, or investors—offering comfort, style, and unmatched convenience right at your doorstep. More details
    Listed by One Percent Realty
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Data was last updated August 11, 2025 at 04:05 AM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA