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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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:
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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.
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Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.
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Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.
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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.
RED DEER BUNGALOWS FOR SALE
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9 Cronquist Close: Red Deer Detached for sale : MLS®# A2166964
9 Cronquist Close Red Deer T4N 1E3 
$999,000Residential- Status:
- Active
- MLS® Num:
- A2166964
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,058 sq. ft.
Discover the perfect blend of country charm and urban convenience with this 1.07-acre property, offering an updated home since its construction in 1969. This residence boasts a unique cultured stone exterior and a thoughtfully designed interior that integrates modern amenities with rustic appeal. As you walk in you will step into a sunken living room featuring a cozy gas fireplace and elegant engineered hardwood flooring. The open layout extends into the dining area and a very functional kitchen that is a chef's dream with granite countertops, ceramic tile flooring with in-floor heating, stainless steel appliances, including a gas range and built-in range fan plus a pantry. The kitchen looks out onto the back yard with side doors to the deck. The primary bedroom is a true retreat with a cedar-lined walk-in closet while the recently remodelled ensuite features dual sinks, a towel warmer, new light fixture and vinyl plank floors. The home includes a total of 4 1/2 bathrooms, with infloor heating and granite countertops in the main bathroom. Additional Living Spaces consists of the sunroom to enjoy year-round relaxation complete with a 6-person hot tub, a free-standing gas stove and four patio doors leading to the great outdoors. Then add in the lower level featuring another sunken living room with a gas fireplace surrounded by brick, updated lighting, a laundry/furnace room, two furnaces, on-demand hot water, and a built-in vacuum system. This level is finished off with 3 bedrooms and a full bath. Do not miss the Studio above its own garage. This space is completely separate from the main house and ideal for teenagers, family or guests that features its own kitchen, gas stove and bathroom, offering privacy and independence. Outdoor Amenities includes a beautiful wrap-around deck, a charming gazebo, an ice rink, and ample parking space for four or more vehicles. Utility costs got you down? Tired of paying high service charges? Enjoy the benefits of a well and septic & field in excellent condition, with the option to connect to city services if desired. With ample space and numerous updates, this property is perfect for a large family seeking a serene retreat with all the conveniences of city living. Don’t miss your chance to own this exceptional piece of land! More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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4209 43 Avenue: Red Deer Detached for sale : MLS®# A2177915
4209 43 Avenue Red Deer T4N 3C1
$475,000Residential- Status:
- Active
- MLS® Num:
- A2177915
- Bedrooms:
- 7
- Bathrooms:
- 3
- Floor Area:
- 1,105 sq. ft.
Welcome to 4309 43rd Ave, a prime investment property in the heart of Red Deer! This spacious home has been thoughtfully updated, featuring new shingles, new windows, fresh paint, and new flooring throughout, offering a modern and low-maintenance appeal. The main level showcases an open-concept living area with abundant natural light, flowing into a functional kitchen, and includes three spacious bedrooms perfect for family or rental use. The fully finished basement enhances the property’s potential with four additional bedrooms and two bathrooms, making it an ideal choice for generating rental income or multi-family living. Situated in a desirable location close to schools, parks, and amenities, this property is a fantastic opportunity to invest in a move-in-ready home with strong value appreciation. Don’t miss out—this one won’t last long! The fully finished basement extends the property's appeal, boasting an additional four bedrooms and two bathrooms. Whether you're looking to generate rental income or create a multi-family living space, this property delivers outstanding potential. Located in a prime area close to amenities, schools, and parks, 4309 43rd Ave offers convenience and promising growth in value. Don’t miss out on this incredible investment opportunity! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
625 Lancaster Drive Red Deer T4R 3N8
$520,000Residential- Status:
- Active
- MLS® Num:
- A2180763
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,282 sq. ft.
Discover the incredible potential of this spacious bungalow in the desirable Lonsdale neighborhood! With 1,282 sq ft on the main floor and an additional 1,190 sq ft of fully developed basement space, this home offers room to grow, live, and generate income. The main floor features a large, open kitchen and dining area with ample cabinets and counter space, a bright living room, and three generously sized bedrooms, including the primary with a 3-piece ensuite. A 4-piece bathroom completes this level, making it perfect for families or hosting guests. The basement includes an illegal suite with a walk-up separate entrance to grade, a kitchenette, and a spacious living area with a cozy fireplace. The basement's primary bedroom boasts a walk-in closet and an oversized ensuite with a large tub and separate shower. Shared utilities and laundry are conveniently located in the basement, and there’s an additional bedroom, adding to the home's versatility. The property features a heated and insulated double detached garage, RV parking with alley access, and a fenced backyard. Whether you're looking for a multi-generational home or an investment property, this home offers exceptional rental income potential. Currently, four bedrooms are rented to tenants who wish to stay, with the owner open to becoming a fifth renter, maximizing revenue opportunities. Located near schools, parks, and the Collicutt Centre, and offering easy access to shopping and public transit, this property combines convenience with endless possibilities. Any and all offers will be greeted and reviewed. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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4001 51 A Street: Red Deer Detached for sale : MLS®# A2195468
4001 51 A Street Red Deer T4N 2B2
$379,000Residential- Status:
- Active
- MLS® Num:
- A2195468
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 977 sq. ft.
Legal suited home and Investment opportunity here in Michener Hill Subdivision. The main floor suite features 3 bedrooms and a 4 piece bathroom, kitchen with dishwasher and dining and living room space with hardwood floors. This suite has front and rear access. Currently rented to a long term tenant for $ 1545/ month which includes utilities provided by the seller. The basement suite has a separate entry area from the back of the home with storage cabinets one bedroom, kitchen and dining space and large living room area with modern vinyl flooring and modern kitchen cabinets.This suite was finished with double drywall with green glue noise proofing compound between the floors. Currently rented for $1250/month with utilities included by the seller. There is a shared laundry area in the basement where the tenants rotate usage and the utility room is with some storage space. The electrical panel is located in the basement bedroom and was updated around 2016. There are 2 separate furnaces here replaced 8 years ago for the suites and one water tank. There is a single 12 x 24 garage in the back of the home accessed by a rear alleyway rented separately to a long term tenant for $100 a month. Shingles were replaced 2020. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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104 Darling Crescent: Red Deer Detached for sale : MLS®# A2196186
104 Darling Crescent Red Deer T4R 2V8
$549,900Residential- Status:
- Active
- MLS® Num:
- A2196186
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,271 sq. ft.
FULLY DEVELOPED WALKOUT BUNGALOW ~ BACKING ON TO A PARK WITH NO NEIGHBOURS BEHIND ~ LOADED WITH UPGRADES ~ Mature trees and a stucco exterior welcome you to this well cared for home ~ Bright tile foyer opens to the living room that boasts soaring vaulted ceilings, hardwood flooring and a large west facing window that overlooks the front yard ~ The kitchen offers an abundance of light stained maple cabinetry with under cabinet lighting, ample counter space including a large island with an eating bar, full tile backsplash, walk in pantry, black stainless steel appliance, and heated tile floors ~ The dining room is flooded with natural light from large windows, has built in shelving and can easily accommodate a large family gathering ~ A garden door off the dining room leads to the deck that has glass railings for unobstructed views of the backyard and green space behind ~ The primary bedroom is a generous size, features built in shelving, a walk in closet with floor to ceiling organizers and a 3 piece ensuite ~ Second bedroom is conveniently located next to the 4 piece main bathroom with a jetted tub and built in cabinetry ~ The fully finished basement has operational in floor heating, vinyl plank flooring, tons of natural light from the large above grade windows ~ The media room has an arched niche perfect for your TV, and is wired for sound and a projector, making this the perfect spot for movie night ~ A set of pocket doors leads to the games room that has plenty of space for a pool table plus French doors leading to a covered stamped concrete patio and the backyard ~ Laundry is located in it's own room and has additional space for storage ~ 2 bedrooms are both a generous size, one has a walk in closet ~ Oversized 4 piece basement bathroom and additional storage complete the lower level ~ Other great features include; New shingles, central air conditioning, stucco exterior ~ The backyard is landscaped with mature trees and shrubs, has a garden area and is fully fenced with access to the park and green space just behind this home ~ 25' L x 23' W double attached garage is insulated, finished with drywall and has 11' ceilings ~ Excellent location; located close to multiple schools, parks, playgrounds, Collicut Centre, and all amenities. More detailsListed by Lime Green Realty Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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4237 53 Street: Red Deer Detached for sale : MLS®# A2197017
4237 53 Street Red Deer T4N 2E1
$499,000Residential- Status:
- Active
- MLS® Num:
- A2197017
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 994 sq. ft.
Nestled in the highly desirable Woodlea neighborhood, this charming 993 sq. ft. bungalow offers the perfect blend of privacy and convenience. Located just steps from parks, schools such as Lindsay Thurber and Camille, plus the scenic trail system, this home boasts a beautiful large backyard backing onto a forest, ensuring a peaceful and private setting. The inviting front porch welcomes you inside, where you'll find a warm and cozy living room complete with a gas fireplace and elegant sculptured ceilings. Hardwood floors flow throughout the main level, including the galley kitchen, which features painted cabinetry and a patio door leading to the back deck—ideal for outdoor entertaining. A private dining room with classic white paneling adds character and charm. The main level includes two bedrooms, including a spacious primary bedroom, as well as a renovated three-piece bathroom with walk-in shower. Updates over the years include electrical, plumbing, windows, and siding. New furnace was installed in 2023, new dishwasher in 2024, A/C in 2024, and a new bathroom in 2025! The fully developed basement has been designed with an open and bright floor plan, featuring laminate flooring throughout. It offers additional living space with two bedrooms, a large recreational room, a den, and a newly renovated three-piece bathroom. A spacious laundry room adds extra convenience. Completing this impressive property is a detached, oversized heated and insulated garage, perfect for storage or a workshop built in 2023 and a separate 8 X 12 shed. Don’t miss this rare opportunity to own a home in one of Woodlea’s most sought-after locations! More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2 Tyrrell Place: Red Deer Detached for sale : MLS®# A2198236
2 Tyrrell Place Red Deer T4P 0T8
$699,900Residential- Status:
- Active
- MLS® Num:
- A2198236
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,465 sq. ft.
Welcome to this executive-style walkout bungalow, located in a highly desirable community "The Timber's". This home is designed for those who appreciate both beauty and functionality. Featuring a spacious, open-concept layout, the main floor is a perfect blend of style and comfort. The master suite is a true retreat, with a well-appointed ensuite offering a soaker tub, separate shower and great sized walk in closet. The main floor also boasts a versatile den or office space, perfect for working from home or a quiet reading nook. Conveniently located on the main floor, the laundry room offers added functionality and ease of living. The heart of this home is the open-concept kitchen, dining, and living room area, which is ideal for entertaining. The kitchen is complete with quartz countertops, two tones cabinetry, a convenient pot filler, and rustic wood beams that add a touch of charm. The dry bar or coffee station with a beverage cooler is an added bonus, making it even easier to entertain or enjoy your favorite drinks at any time and the walk-through pantry ensures you have plenty of storage space. Garden doors lead to a covered patio, providing seamless indoor-outdoor living, where you can relax and enjoy your surroundings. The large walkout basement offers even more space to suit your needs, with two additional bedrooms, a full bath, and a versatile space that could serve as an office, small gym, or additional storage. With an condo fee that covers snow removal and landscaping, you can enjoy the beauty of your surroundings without the hassle of maintenance. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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10 Root Close: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2199536
10 Root Close Red Deer T4P 3X3
$430,000Residential- Status:
- Active
- MLS® Num:
- A2199536
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,014 sq. ft.
Visit REALTOR® website for additional information. This charming ½ duplex, features a cozy bungalow floor plan with a double attached garage in the quiet subdivision of Rosedale in Red Deer. The inviting kitchen is adorned with granite countertops, a stylish backsplash, & stainless appliances. Enjoy the comfort of in-floor heating with the tile floors in the kitchen & bathroom, while downstairs features carpet & elegant bamboo flooring with in-floor heat as well. The main floor includes 2 beds & a 4 pc bath, with the master suite offering a walk-in closet with a charming barn door, & the convenience of main floor laundry. The partially finished basement presents a recreation room, 2 additional beds, & a 3 pc bath - all just awaiting its ceiling to be added. The maintenance free backyard is landscaped with fabric & pea gravel, enclosed by a vinyl fence that includes a garbage nook. More detailsListed by PG Direct Realty Ltd.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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96 Dempsey Street: Red Deer Detached for sale : MLS®# A2199364
96 Dempsey Street Red Deer T4R 2Z1
$359,900Residential- Status:
- Active
- MLS® Num:
- A2199364
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,136 sq. ft.
Property was built for accessibility and has been used by owner to house service providers with clients needing assistance. If an investment property isn't on your radar that's okay too. Property is fully wheelchair accessible on main floor, simply move in as a family home and enjoy the wider spaces and open floor plan. This home also would be an opportunity for someone to put some sweat equity into the property as there is a bit of TLC required. More detailsListed by Royal LePage Lifestyles Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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19 Cole Street: Red Deer Detached for sale : MLS®# A2196494
19 Cole Street Red Deer T4P 2E5
$409,777Residential- Status:
- Active
- MLS® Num:
- A2196494
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,462 sq. ft.
Spacious and grand and built to impress! A dreamy ranch you won’t second-guess. Discover this expansive bungalow renovated to create an open floorplan. Gorgeous kitchen with endless countertops and full wall of tile backsplash behind the range. Sit up breakfast bar and recessed lighting to add extra sparkle. The main floor offers both a family room with biofuel fireplace and a living room, providing ample space for relaxation and gatherings. Complete with 3 bedrooms on main. New Carpet in back bedroom. A separate entrance at the back with direct downstairs access to a fully finished basement with games room, fourth bedroom and office with three-piece bath; add a window and you could have five bedrooms! Roomy laundry area and tons of storage. From your main floor family room, step out through patio doors to enjoy your spacious back yard with detached garage and ground floor deck with pergola. Nestled in a quiet location, close to parks and walking trails and amenities. Bonus: New Shingles installed in 2024. It’s a great home isn’t it! Shouldn’t be yours? More detailsListed by Realty Executives Alberta Elite- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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3305 44A Avenue: Red Deer Detached for sale : MLS®# A2194352
3305 44A Avenue Red Deer T4N 3J6
$475,000Residential- Status:
- Active
- MLS® Num:
- A2194352
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,300 sq. ft.
Introducing a stunning gem in the highly desirable Mountview community! This beautifully renovated home is move-in ready and offers a perfect blend of comfort, style, and functionality. With 3 spacious bedrooms and 2 full bathrooms on the main floor, plus an additional 2 bedrooms, 1 full bath, and a separate entrance in the basement, this home provides plenty of space for a growing family. The basement also features its own kitchen and laundry. Throughout the home, you'll find gorgeous hardwood plank flooring and exquisite stonework and tiling that enhance the overall charm. The modern kitchen is a chef's dream, complete with soft-close cabinets and drawers, BRAND -NEW STAINLESS STEEL APPLIANCES, and thoughtful design to make meal prep a breeze. The home also features a NEW FURNACE, HOT WATER TANK and ALL-NEW PLUMBING, ensuring peace of mind and efficiency for years to come. The master suite is a relaxing retreat, offering a full ensuite with a beautifully tiled shower. Downstairs, the large family room is perfect for entertaining or relaxing, with additional storage space and another full bathroom for convenience. Step outside to a serene backyard that’s ideal for outdoor activities or enjoying peaceful moments. The double detached, heated garage ensures your vehicles stay warm and protected during the winter months. With its prime location, exceptional design, and thoughtful features, this home is a must-see. Don’t miss out on the opportunity to make it yours! More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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208 Wiley Crescent: Red Deer Detached for sale : MLS®# A2200419
208 Wiley Crescent Red Deer T4N 7G7
$449,900Residential- Status:
- Active
- MLS® Num:
- A2200419
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,025 sq. ft.
Great Westlake Family Bungalow. Kitchen with eating bar, pantry and gas stove. Living and dining room include hardwood floors with large deck overlooking the Environmental Reserve. Granite counter tops to be installed in kitchen and all 3 full bathrooms. Master suite includes large walk-in closet and full ensuite. Second bedroom on main floor and 2nd full bathroom. Lower level includes large utility room with washer and dryer, children's playroom, 3rd bedroom, 3rd full bathroom and another kitchen with walkout to the backyard. Close to bus route, schools, parks and shopping. Attached double garage. More detailsListed by The Property Shop Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated April 19, 2025 at 06:05 AM (UTC)
Featured Listing
415 Roxboro Road Southwest
$3,200,000
MLS®#: A2200034
Bedrooms: 5
Bathrooms: 5.0
Floor Area: 3,406 sq. ft.
CIR Realty