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.

BUNGALOWS FOR SALE IN SOUTH CALGARY

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  • 2006 30 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2221184

    2006 30 Avenue SW South Calgary Calgary T2T 1R2
    Main Photo: 2006 30 Avenue SW in Calgary: South Calgary Detached for sale : MLS®# A2221184
    $899,999
    Residential
    Status:
    Active
    MLS® Num:
    A2221184
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    999 sq. ft.
    Prime Inner-City Opportunity in Marda Loop with Mountain Views! Attention builders and savvy investors — this is your chance to secure a premium 43’ x 128’ lot in one of Calgary’s most sought-after inner-city communities. Or if you are a buyer looking for a perfect lot to build your dream home. Located just steps from the heart of Marda Loop, this property offers endless potential in a vibrant, amenity-rich neighbourhood known for its boutique shops, trendy restaurants, and walkable lifestyle. Whether you're looking to build a luxury custom home or hold as a long-term investment, this lot delivers big on location and flexibility. Development permits (DP) are currently under review with the City of Calgary and full construction plans are available — saving you time and fast-tracking your next project. The lot size easily supports a large two-storey detached home (pontentially a three-storey depending on City review and approval) with plenty of room for a spacious backyard and triple garage. Opportunities like this don’t come around often — especially in a neighbourhood that continues to see strong demand and future growth. Build, invest, or hold — the choice is yours. But in Marda Loop, you’re always winning. More details
    Listed by eXp Realty
  • 103 2905 16 Street SW in Calgary: South Calgary Row/Townhouse for sale : MLS®# A2238111

    103 2905 16 Street SW South Calgary Calgary T2T 4G5
    Main Photo: 103 2905 16 Street SW in Calgary: South Calgary Row/Townhouse for sale : MLS®# A2238111
    $599,900
    Residential
    Status:
    Active
    MLS® Num:
    A2238111
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,404 sq. ft.
    Welcome to this one-of-a-kind, executive bungalow townhome-style condo in the sought-after Elements building, ideally located in vibrant Marda Loop. Positioned on the elevated ground floor, this unique corner unit offers the privacy and feel of a standalone residence with its own direct front door access, no need to navigate common hallways. A rare wraparound outdoor living space surrounds the unit, perfect for gardening, letting your dog out, or simply relaxing in your own private oasis with two convenient access points back inside. Inside, the home is flooded with natural light thanks to 9’ ceilings, floor-to-ceiling windows, and two walls of exterior exposure. Brand-new wide plank oak hardwood floors span the main living areas and hallways, setting the tone for high-end living. The spacious living room features a gas fireplace and flows seamlessly into the dining area and modern kitchen, which is complete with quartz countertops, flat-top island, sleek cabinetry, and brand-new fridge and dishwasher. The primary suite includes a walk-in closet, executive-style ensuite, and private access to the patio. A second bedroom and full bathroom round out the layout, ideal for guests or a home office setup. Additional highlights include premium finishings throughout, in-suite laundry, and direct access to the parkade for ultimate convenience. A seldom-found bonus space between the unit and parkade, currently used for storage, offers excellent potential as a private mudroom or gear room. This home is perfect for professionals, investors, and especially downsizers seeking single-level living without sacrificing space, quality, or location. Just steps from the best of Marda Loop, and with easy access to downtown, River Park, Sandy Beach, and all corners of the city, this is urban living at its best. Call your favourite realtor today to book a private showing! More details
    Listed by The Home Hunters Real Estate Group Ltd.
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Data was last updated July 20, 2025 at 04:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA