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
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
Find Your Perfect Home in Southeast Calgary: Browse by Price Range
| $200,000 - $375,000 | $500,000 - $600,000 | $800,000 - $900,000 |
| $350,000 - $500,000 | $600,000 - $700,000 | $900,000 - |
| $400,000 - $500,000 | $700,000 - $800,000 | SW CALGARY HOMES FOR SALE |
Explore Mahogany's Diverse Real Estate Offerings
| MAHOGANY DETACHED HOMES FOR SALE | MAHOGANY CONDOS FOR SALE |
| MAHOGANY TOWNHOMES FOR SALE | BUNGALOWS FOR SALE IN MAHOGANY |
There are several ways to contact Diane Richardson:
-
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.
-
Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
-
Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
-
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.
BUNGALOWS FOR SALE ELBOYA CALGARY
-
703 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2243765
703 47 Avenue SW Calgary T2S 1C7 
$1,099,999Residential- Status:
- Active
- MLS® Num:
- A2243765
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,236 sq. ft.
Timeless Elegance in Elboya. Welcome to this beautifully updated bungalow nestled in the heart of prestigious Elboya—a family-friendly community that blends charm, convenience, and connectivity. Situated on a spacious 50' x 120' corner lot with a sunny south-facing backyard, this home offers over 2,200 sq ft of developed living space and a layout designed with families in mind, including three bedrooms above grade. Just steps away from Elboya School and surrounded by green spaces—Elboya Park a block away and Britannia Park just two blocks further—this location encourages an active lifestyle. The Britannia Ridge pathway offers a scenic stroll to Sandy Beach and Stanley Park, only three blocks from your front door. This move-in-ready residence has been thoughtfully updated, with siding, roof, and a spacious cedar deck all completed in 2015. Inside, enjoy updated windows, stylish tile flooring in the kitchen, and a fully renovated main bathroom (2015). The bright living room with a cozy gas fireplace frames picturesque views of Calgary’s skyline—including the Calgary Tower and Bow Building—a dazzling sight after dark. The kitchen is a chef’s dream, featuring granite countertops, a Wolf gas cooktop, Miele built-in oven, stainless steel dishwasher, and ample cabinetry. The lower level adds versatility with a generous family room, an additional flex room, full bath, laundry area, and updated laminate flooring throughout. Step outside into a sun-drenched backyard surrounded by mature trees—ideal for entertaining, gardening, or quiet relaxation. With the potential for a second-storey addition, take full advantage of the unobstructed downtown views year-round. Enjoy the best of Calgary living with easy access to Britannia Plaza, Calgary Golf & Country Club, Chinook Centre, Glenmore Reservoir, Rockyview Hospital, and downtown—all just minutes away. 703 47 Avenue SW isn’t just a home—it’s an opportunity to live in one of Calgary’s most desirable inner-city neighborhoods. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
-
412 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2246618
412 46 Avenue SW Calgary T2S 1B7
$1,049,000Residential- Status:
- Active
- MLS® Num:
- A2246618
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,616 sq. ft.
Very interesting property in the wonderful Elboya district! The home is beautifully located close to Elboya Park, and Stanley Park in one of the highly desired parts of Elboya with many lovely homes. One very interesting feature, is that the rear garden and driveway backs directly onto Brunswick Avenue. The home had a major addition plus renovations several years ago. There is a double rear garage attached under part of this addition with a driveway giving access to Brunswick Avenue. One of the first built homes (1953) solid and ready for your own further decorating ideas. With the natural rear slope of the property it is also perfectly situated for your new dream home with a walk out lower level! The garden is full of mature trees and shrubs. Several outdoor sitting areas, plus a balcony/porch off the family room over looking the rear garden. The garden has a very comfortable country/ cottage feel, with lots of birds, even blue jays. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
-
704 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2232361
704 47 Avenue SW Calgary T2S 1C8
$849,000Residential- Status:
- Active
- MLS® Num:
- A2232361
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,200 sq. ft.
Welcome to this charming bungalow in the sought-after community of Elboya. Thoughtfully updated and full of potential, this inviting 3-bedroom, 2-bathroom home is ideal for families, professionals, or those looking to downsize. Freshly painted throughout and featuring a bright, open-concept layout, it offers a double-car garage, generous storage, and a covered breezeway with gated access to the backyard. Recent updates include a fresh coat of paint, new LVP flooring, newer furnace, hot water tank, and shingles—providing added peace of mind for years to come. Step inside to a warm and welcoming living space, where natural light pours in. The main floor boasts luxury vinyl plank flooring, a beautifully renovated kitchen with stainless steel appliances and a cozy breakfast nook, a spacious living room, and a formal dining area—perfect for entertaining. Two bedrooms and a stylish 3-piece bathroom complete the main level. The fully finished lower level adds even more living space, featuring a third bedroom, a comfortable family room, a 4-piece bathroom with heated floors, and a laundry area. Nestled on a quiet, tree-lined street with wonderful neighbors, this home offers a peaceful retreat while being just minutes from Britannia Plaza, Chinook Centre, Stanley Park, and downtown. With easy access to Elbow Drive and Macleod Trail, commuting is a breeze. Excellent schools, parks, and local amenities are all close at hand. For developers or those dreaming of a custom build, the property presents fantastic potential. Move in and enjoy, renovate further, or redevelop—the possibilities are endless in this prime location. More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
