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.

Forgot password Extend Verify Contact

305 3204 Rideau Place SW
Rideau Park Calgary T2S 1Z2

$849,000
Residential beds: 2 baths: 2.0 1,400 sq. ft. built: 1955

Main Photo: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 1: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 2: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 3: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 4: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 5: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 6: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 7: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 8: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 9: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 10: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 11: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 12: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 13: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 14: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 15: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 16: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 17: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 18: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 19: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 20: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 21: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 22: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 23: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 24: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 25: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 26: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 27: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 28: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 29: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 30: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 31: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 32: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Photo 33: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2202789
Bedrooms:
2
Bathrooms:
2
Year Built:
1955
Experience the best of urban living in this stunning 1,400 square-foot condo that is now available for you to call home. With both NORTH and SOUTH facing balconies, this property offers not only breathtaking views but also an abundance of natural sunlight, setting it apart from other residences. Inside, you'll find two spacious bedrooms and two full bathrooms, offering comfort and privacy. Additional features include dual storage units and two side-by-side parking stalls in the underground garage, providing maximum convenience. Located in a highly sought-after area, this condo is perfectly positioned to take advantage of everything the city has to offer. Enjoy the natural beauty of serene walking paths along the Elbow River, or head to the nearby Stampede grounds, theaters, and a wide variety of dining options—ensuring that entertainment and leisure are just steps away. The recently renovated decks offer panoramic views of the vibrant downtown skyline, creating a spectacular backdrop for both daily life and hosting guests. This condominium blends modern elegance with urban convenience, creating an inviting and functional living space. The two underground parking stalls (17 and 18) are conveniently located side by side, and the building offers a unique, personal bike lock-up separate from the communal bike storage area. For those looking to relax, the seasonal pool is an additional perk available for your enjoyment. Don't miss out on this exceptional opportunity—contact your realtor for more details!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
1,400 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,363.30
Condo Fee Includes:
Caretaker, Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
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:
Unit Exposure:
North, South
Floor Location:
Other
Entry Level:
3
Stories Total:
7
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1955 (Age: 70)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7510322
Heating:
Hot Water
New Constr.:
No
Construction Material:
Concrete, Wood Siding
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
0
Parking:
Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Renfrew House
Rideau Park
Elevator(s), Outdoor Pool, Visitor Parking
Dishwasher, Dryer, Induction Cooktop, Oven, Refrigerator, Washer
n/a
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
18'7" × 11'2"
Main Floor
Laundry
5'5" × 3'11"
Main Floor
Bedroom
13'11" × 11'7"
Main Floor
Walk-In Closet
11' × 6'6"
Main Floor
Kitchen
16'8" × 10'2"
Main Floor
Bedroom - Primary
19' × 15'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
10' x 5'8"
Main Floor
Yes
3
7'10" x 9'3"
Title to Land:
Fee Simple
Community Features:
Park, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Soaking Tub, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-H2
Listed Date:
Mar 15, 2025
Days on Mkt:
  • Photo 1: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 1 of 33
  • Photo 2: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 2 of 33
  • Photo 3: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 3 of 33
  • Photo 4: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 4 of 33
  • Photo 5: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 5 of 33
  • Photo 6: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 6 of 33
  • Photo 7: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 7 of 33
  • Photo 8: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 8 of 33
  • Photo 9: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 9 of 33
  • Photo 10: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 10 of 33
  • Photo 11: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 11 of 33
  • Photo 12: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 12 of 33
  • Photo 13: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 13 of 33
  • Photo 14: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 14 of 33
  • Photo 15: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 15 of 33
  • Photo 16: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 16 of 33
  • Photo 17: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 17 of 33
  • Photo 18: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 18 of 33
  • Photo 19: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 19 of 33
  • Photo 20: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 20 of 33
  • Photo 21: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 21 of 33
  • Photo 22: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 22 of 33
  • Photo 23: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 23 of 33
  • Photo 24: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 24 of 33
  • Photo 25: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 25 of 33
  • Photo 26: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 26 of 33
  • Photo 27: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 27 of 33
  • Photo 28: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 28 of 33
  • Photo 29: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 29 of 33
  • Photo 30: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 30 of 33
  • Photo 31: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 31 of 33
  • Photo 32: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 32 of 33
  • Photo 33: 305 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2202789
    Photo 33 of 33
Listed by CIR Realty
Data was last updated April 25, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
5,858
Avg list price:
$589,900
Min list price:
$115,000
Max list price:
$13,888,000
Avg days on market:
28
Min days on market:
0
Max days on market:
636
Avg price per sq.ft.:
$429.69
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706