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.

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506 3204 Rideau Place SW
Rideau Park Calgary T2W 1Z2

$949,900
Residential beds: 1 baths: 1.0 1,649 sq. ft. built: 1955

Million Dollar View
Photo 1: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 2: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 3: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 4: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 5: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 6: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 7: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 8: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 9: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 10: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 11: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 12: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 13: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 14: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 15: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 16: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 17: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 18: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 19: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 20: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 21: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 22: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 23: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 24: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 25: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 26: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 27: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 28: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 29: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 30: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 31: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 32: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 33: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 34: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 35: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 36: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 37: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 38: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 39: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 40: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 41: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Photo 42: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2205843
Bedrooms:
1
Bathrooms:
1
Year Built:
1955
Live every day with breathtaking million-dollar views. Located in one of Calgary’s best neighbourhoods, this gorgeous END UNIT and DOUBLE SUITE is a rare opportunity situated in Renfrew House at sought after Rideau Towers. This immaculate and extremely well cared for home offers sixty feet of stunning unobstructed city, river valley and mountain views. Designed and once owned by sought after Interior Designer Douglas Cridland, this home is timeless, refined, and sophisticated. Offering almost 1650 sq.ft, this thoughtful floorplan provides an elegant and private foyer and leads you to an a bright and open spacious living area perfect for entertaining and spending time with family and friends while taking in the incredible views.Just off the dining area are beautiful sliding glass doors leading to a cozy family room with gorgeous skyline views to the east, custom built-in cabinetry, automated blinds and an integrated sound system. The timeless kitchen is truly a chef’s delight. It features limestone floors, european high gloss cabinets with endless storage, granite counters, induction cook top, double wall ovens and a Asko dishwasher. Wake up every morning to breath taking views of Calgary’s gorgeous skyline. The large bedroom features custom built-ins and a huge walk-in closet offering fantastic storage. The luxurious ensuite has double vanities with great storage, granite counter tops, a steam shower and Kohler soaker tub. Additional features include insuite laundry with a Asko washer and dryer, automated blinds and freshly painted throughout. Rideau Towers is cherished by Calgarians for its prize location on 13 acres of mature trees and greenery safely tucked away but still within walking distance to Mission restaurants and shops. The outdoor pool offers a gathering spot in the summer and the walking trails are a wonderful way to stay active throughout the seasons. This suite also comes with two underground assigned parking stalls and a double storage unit. Come and see how perfect the lock and go lifestyle can be!
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:
1,649.21 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,561.07
Condo Fee Includes:
Common Area Maintenance, Heat, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
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
Floor Location:
Other
Entry Level:
5
Stories Total:
7
Levels:
Single Level Unit
End Unit:
1 Common Wall, End Unit
Total Rooms Above Grade:
6
Year built:
1955 (Age: 70)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7510322
Heating:
Hot Water, Natural Gas
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Carpet, Stone
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parkade
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Renfrew House
Rideau Park
Coin Laundry, Elevator(s), Outdoor Pool, Park, Storage, Trash, Visitor Parking
Dishwasher, Double Oven, Induction Cooktop, Microwave, Refrigerator, Washer/Dryer, Window Coverings
N/A
Pet Restrictions or Board approval Required, Restrictive Covenant, Utility Right Of Way
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
21'7" × 18'3"
Main Floor
Dining Room
14'4" × 11'9"
Main Floor
Family Room
15'3" × 10'9"
Main Floor
Foyer
7'7" × 6'4"
Main Floor
Kitchen
18'9" × 16'2"
Main Floor
Living Room
29' × 14'10"
Main Floor
Walk-In Closet
13'2" × 6'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
5
13'7" x 9'7"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Built-in Features, Chandelier, Closet Organizers, Crown Molding, Double Vanity, Granite Counters, Open Floorplan, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Pool Features:
Outdoor Pool
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-H2
Listed Date:
Mar 26, 2025
Days on Mkt:
  • Photo 1: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Million Dollar View
  • Photo 2: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Breathtaking at life
  • Photo 3: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Suite 506
  • Photo 4: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Private and Peaceful
  • Photo 5: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Surrounded by Nature
  • Photo 6: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Spacious Foyer
  • Photo 7: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Bright and Oepn
  • Photo 8: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Seperate Dining Room
  • Photo 9: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Spacious Family Room
  • Photo 10: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Flex Room/2nd Bedroom
  • Photo 11: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Built-in Custom Cabinetry
  • Photo 12: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Incredible Office Area
  • Photo 13: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Office with city views
  • Photo 14: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Large living room
  • Photo 15: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Perfect for Entertaining
  • Photo 16: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Open and Bright
  • Photo 17: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    A double unit offering tons of space
  • Photo 18: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Large Master Bedroom
  • Photo 19: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    with incredible view
  • Photo 20: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Seperate entrance to private patio area
  • Photo 21: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    FabulousWalk-in closet
  • Photo 22: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Large ensuite
  • Photo 23: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Huge shower and soaker tub
  • Photo 24: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Custom Kitchen
  • Photo 25: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Highend Appliance
  • Photo 26: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Chef inspired kitchen
  • Photo 27: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 27 of 42
  • Photo 28: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Incredible storage
  • Photo 29: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Built-in laundry
  • Photo 30: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Overlooking green space
  • Photo 31: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 31 of 42
  • Photo 32: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Incredible green space
  • Photo 33: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Private Pool
  • Photo 34: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 34 of 42
  • Photo 35: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 35 of 42
  • Photo 36: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 36 of 42
  • Photo 37: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 37 of 42
  • Photo 38: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 38 of 42
  • Photo 39: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Sitting areas in Parkhill
  • Photo 40: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    River Valley
  • Photo 41: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    4th Street
  • Photo 42: 506 3204 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2205843
    Photo 42 of 42

Virtual Tour

Listed by Real Estate Professionals Inc.
Data was last updated April 17, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
5,759
Avg list price:
$585,000
Min list price:
$115,000
Max list price:
$13,888,000
Avg days on market:
27
Min days on market:
0
Max days on market:
629
Avg price per sq.ft.:
$430.08
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