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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1502 99 Spruce Place SW
Spruce Cliff Calgary T3C 3X7

$637,000
Residential beds: 2 baths: 2.0 1,535 sq. ft. built: 2010

Main Photo: 1502 99 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2211774
Photo 1: 1502 99 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2211774
Photo 2: 1502 99 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2211774
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Photo 40: 1502 99 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2211774
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2211774
Bedrooms:
2
Bathrooms:
2
Year Built:
2010
This impressive two-level residence stands out with over 1,500 sq. ft. of well-designed space and some of the most breathtaking, uninterrupted panoramic views in Calgary. From every angle, you’re surrounded by stunning scenery, including the full downtown skyline, Shaganappi Golf Course, and the Rocky Mountains. The main level features soaring floor-to-ceiling windows that flood the space with natural light, an open-concept living and dining area, and access to one of two private balconies. A spacious bedroom on this floor offers a walk-through closet and ensuite bath, combining comfort with thoughtful design. Upstairs, a bright and versatile loft awaits — ideal as a second living area, home office, or creative studio, all while soaking in those incredible views and offering direct access to the second balcony. The upper-level bedroom mirrors the main-level layout, complete with its own walk-through closet and private ensuite. Premium finishes and a smart, functional layout are further enhanced by the building amenities, including an indoor pool, hot tub, fully equipped fitness centre, games room, social rooms,24-hour security, and TWO titled underground parking stalls. Steps from the C-Train and just moments from downtown. this is more than a home — it’s a lifestyle for those who want elevated living with unmatched views!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Multi Level Unit
Total Living Area:
1,534.7 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,363.58
Condo Fee Includes:
Amenities of HOA/Condo
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Other
Entry Level:
1
Stories Total:
31
Levels:
Multi Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
2010 (Age: 15)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1010834
Heating:
Baseboard
New Constr.:
No
Construction Material:
Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
0
Garage Spaces:
2
Parking:
Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Ovation
Spruce Cliff
Elevator(s), Fitness Center, Indoor Pool, Party Room, Recreation Room, Secured Parking, Storage
Dishwasher, Dryer, Refrigerator, Stove(s), Washer, Window Coverings
n/a
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Entrance
5'6" × 5'2"
Main Floor
Kitchen
9'4" × 7'1"
Main Floor
Dining Room
9'10" × 7'6"
Main Floor
Living Room
12'11" × 11'8"
Main Floor
Bedroom
13'3" × 9'3"
Main Floor
Balcony
14'4" × 4'11"
2nd Floor
Flex Space
14'1" × 10'9"
2nd Floor
Bedroom
12'1" × 9'4"
2nd Floor
Laundry
6'8" × 4'11"
2nd Floor
Balcony
14'4" × 4'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
2nd Floor
No
4
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Chandelier, Closet Organizers, High Ceilings, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Pool Features:
Indoor
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone W
Zoning:
DC
Listed Date:
Apr 16, 2025
Days on Mkt:
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    Virtually Staged
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    Balcony #1
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    Balcony #1
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    virtually staged
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    first Floor ensuite
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    Laundry
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    first floor ensuite/main bath
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    second floor ensuite
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    second floor bedroom
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    Second floor bedroom
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    Loft
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    loft
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    loft
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    virtually staged
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    Balcony #2
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    Balcony #2
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    Main entrance-Secure building
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Listed by Century 21 Bamber Realty LTD.
Data was last updated April 26, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$487,450
Min list price:
$275,000
Max list price:
$2,495,000
Avg days on market:
24
Min days on market:
1
Max days on market:
155
Avg price per sq.ft.:
$446.18
These statistics are generated based on the current listing's property type and located in Spruce Cliff. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706