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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

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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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Martindale
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8 Silver Spruce Bay SW
Silverado Calgary T2X 5L8

$666,225
Residential beds: 4 baths: 4.0 1,664 sq. ft. built: 2025

Main Photo: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 1: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 2: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 3: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 4: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 5: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 6: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 7: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 8: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 9: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 10: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 11: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 12: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Photo 13: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2193881
Bedrooms:
4
Bathrooms:
4
Year Built:
2025
This beautiful brand-new home has been intelligently designed to offer 4 bedrooms (3 upstairs, 1 downstairs), 3.5 bathrooms, two distinct living areas, a fully legal 1-bedroom basement suite and is situated on a large corner lot! Located in desirable Silverado the 'Wicklow' model by Brookfield Residential is the perfect modern design, providing nearly 2,300 square feet of thoughtfully developed living space spread over three levels. The main floor boasts expansive west-facing front windows allowing natural light to flood the living space all day long. The open-concept layout is enhanced by 9-foot ceilings, offering a bright, comfortable living environment. The kitchen is a standout with full-height cabinetry, a large central island, a pantry, and a complete suite of stainless-steel appliances, including a French door fridge, range, chimney-style hood fan, and built-in microwave. The kitchen seamlessly flows into the dining area, with sliding patio doors leading out to the backyard—perfect for indoor-outdoor living. Upstairs, a central bonus room acts as a divider, offering privacy between the spacious primary suite and the two additional bedrooms. The primary suite features a walk-in closet, and a luxurious 4-piece ensuite with dual sinks. Two more bedrooms, a full bathroom, and an upper-level laundry room complete this level. The fully legal basement suite is ready for occupancy after possession. It includes its own mechanical system, a full kitchen, pantry, living/dining area, a generously sized bedroom, a full bathroom, and in-suite laundry—ideal for multi-generational living or as a potential rental for added income. The backyard of this corner lot is partially fenced and leads to the double parking pad that can accommodate a double detached garage. This home comes with a builder's warranty, as well as the Alberta New Home Warranty, giving you peace of mind. Situated a short walk from a playground and quick access to the scenic walking paths of the community this home offers a tranquil location. **Please note photos are from a show home model and are not an exact representation of the property for sale.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
2 Storey, Attached-Side by Side
Total Living Area:
1,664 sq. ft.
Main Level Finished Area:
791 sq. ft.
Upper Level Finished Area:
873 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
616 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
2,274 sq. ft.
Lot Frontage:
28'1½"
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:
West
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2025 (Age: 0)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Upper Level
HOA Fee:
$1.00
Silverado
None
Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer
SUITE APPLIANCES - Dishwasher, Dryer, Microwave Hood Fan, Refrigerator, Stove, Washer.
None Known
Floor
Type
Size
Other
Main Floor
Great Room
56' × 42'5"
Main Floor
Dining Room
43'6" × 26'
Upper Level
Bonus Room
39'4" × 32'10"
Upper Level
Bedroom - Primary
42'8" × 36'1"
Upper Level
Bedroom
29'9" × 28'2"
Upper Level
Bedroom
39'4" × 26'10"
Upper Level
Laundry
Measurements not available
Basement
Great Room
42'1" × 41'7"
Basement
Bedroom
35'3" × 35'3"
Basement
Kitchen
29'9" × 29'9"
Basement
Laundry
Measurements not available
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
4
0' x 0'
Upper Level
No
4
0' x 0'
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Vinyl Windows
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Corner Lot, Private, Rectangular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-G
Listed Date:
Feb 11, 2025
Days on Mkt:
  • Photo 1: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
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  • Photo 13: 8 Silver Spruce Bay SW in Calgary: Silverado Semi Detached (Half Duplex) for sale : MLS®# A2193881
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Listed by Charles
Data was last updated April 27, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$722,450
Min list price:
$279,900
Max list price:
$2,999,999
Avg days on market:
37
Min days on market:
2
Max days on market:
90
Avg price per sq.ft.:
$400.47
These statistics are generated based on the current listing's property type and located in Silverado. Average values are derived using median calculations.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson
Cell: 403-397-3706