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.
Southwest Homes $225,000 to $325,000
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102 788 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2213496
102 788 12 Avenue SW Calgary T2R 0H1 
$325,000Residential- Status:
- Active
- MLS® Num:
- A2213496
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 767 sq. ft.
BEST PRICE for CONDO 2 BEDS 1 BATH 767 sf | TITLED UNDERGROUND PARKING | SEPARATE ENTRANCE from STREET | THIS IS A LIVE and WORK UNIT | MAY RUN BUSINESS / AIR BNB (Subject to Condo Approval and City Approval). Stylish Urban Living with Street-Level Access in the Heart of Beltline. Experience the best of inner-city living in this rare and versatile 2 bedrooms, 1-bathroom ground-floor condo located in the highly sought-after Xenex on 12th building. Step inside to an open-concept floor plan filled with natural light from floor-to-ceiling windows. The modern kitchen is equipped with stainless steel appliances and ample cabinetry — ideal for cooking and entertaining. The unit comes with a spacious primary bedroom features a 4-piece bathroom, plus a good size interior bedroom. Enjoy the convenience of in-suite laundry, underground titled parking, and a separate storage locker. With a Walk Score of 99, you're just steps from cafes, restaurants, shops, Safeway, parks, transit, and everything downtown Calgary has to offer. Whether you're a professional, investor, or entrepreneur, this unit delivers unmatched flexibility and style in one of the city's most vibrant communities. Strong Reserved Funds and Very Well-Managed Building. Don't miss the opportunity to own this exceptional property in one of the best community in Calgary downtown. This unit has a separate entrance from street with its own balcony providing extra privacy and convenience. Listing Price under City Calgary assessment, call your favorite agent and book the showing ! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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607 1053 10 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2217125
607 1053 10 Street SW Calgary T2R 1S6
$325,000Residential- Status:
- Active
- MLS® Num:
- A2217125
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 786 sq. ft.
Welcome to Unit 607 at Vantage Pointe, a bright and spacious 2-bedroom, 2-bathroom condo ideally located in the heart of downtown Calgary! This well-designed unit features floor-to-ceiling windows, a private balcony with city views, and a functional split-bedroom layout that offers privacy and flexibility. The open-concept kitchen is complete with modern cabinetry, black appliances, and a breakfast bar—perfect for entertaining. You'll also enjoy the convenience of in-suite laundry. The primary bedroom includes a 4-piece ensuite, while the second bedroom and full bath are perfect for guests, roommates, or a home office. This home includes secure underground parking, and the condo fees cover all utilities—gas, water, and electricity—providing exceptional value. The building offers excellent amenities, including a fully equipped fitness centre, lobby security, . Just steps away from Safeway, the LRT station, restaurants, cafes, and the Bow River pathways, this location combines convenience, comfort, and vibrant city living—ideal for first-time buyers, professionals, or investors! More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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103 4507 45 Street SW in Calgary: Glamorgan Apartment for sale : MLS®# A2223130
103 4507 45 Street SW Calgary T3J 6K7
$325,000Residential- Status:
- Active
- MLS® Num:
- A2223130
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,111 sq. ft.
*NEW PRICE!* Welcome to this bright and spacious main floor condo in the heart of Glamorgan! With a large open-concept layout, this two-bedroom, two-bathroom unit offers the perfect canvas for your personal touch. You'll love the oversized kitchen, complete with a pantry and plenty of counter space—ideal for entertaining or everyday living. Cozy up by the natural gas fireplace in the expansive living area, or enjoy your morning coffee on the charming south-facing patio that fills the home with beautiful sunlight all day long. The unit features in-suite laundry for your convenience, and the bedrooms are generously sized, including a primary suite with its own full bathroom. While the finishings are original and ready for a refresh, the smart layout and sunny disposition of this home make it a rare opportunity to create something truly special. Located in a well-managed complex in one of Calgary’s most desirable southwest communities, you're just minutes from shopping, parks, and easy access to downtown. Don't miss the chance to make this bright and welcoming space your own! More detailsListed by The Real Estate District- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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403 1315 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2228107
403 1315 12 Avenue SW Calgary T3C 0P6
$325,000Residential- Status:
- Active
- MLS® Num:
- A2228107
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 874 sq. ft.
Experience the urban lifestyle in your new home at The Monaco. This Mediterranean inspired building offers the convenience of walking to your downtown office, picking up a few groceries on your way home, shop and dine on 17th Avenue, enjoy a quick walk to the C-train station and indulge in boutique café’s on every corner. This well maintained 2 bed, 2 bathroom corner unit features an open concept floorplan, high ceilings, newer LVP flooring (no carpets in this home) and tons of natural light. The kitchen is spacious and boasts beautiful light maple cabinetry, stainless steel appliances including a gas stove, neutral tile backsplash and a central island. The kitchen effortlessly flows to a lovely dining space and large living room complete with a cozy gas fireplace, and easy access to your patio, offering breathtaking downtown views (and a gas BBQ line). The spacious primary bedroom features a private 4pc ensuite with deep soaker tub. Across the living space is a lovely 2nd bedroom, right next to an additional 3pc bath with stand up shower. This unit also features insuite laundry with full size washer/dryer, extra storage, and a titled underground parking stall. The concrete construction ensures privacy and peace, and be sure to enjoy the rooftop patio, as well as additional visitor parking. This home is move-in ready, and offers a great opportunity for you to experience living in the heart of the city, and enjoy all that downtown has to offer. Please note – some photo’s have been virtually staged. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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311 15 Aspenmont Heights SW in Calgary: Aspen Woods Apartment for sale : MLS®# A2229545
311 15 Aspenmont Heights SW Calgary T3H 0E3
$325,000Residential- Status:
- Active
- MLS® Num:
- A2229545
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 591 sq. ft.
Experience elevated condo living in this beautifully upgraded TOP FLOOR 1 bedroom, 1 bathroom unit in the sought-after community of Aspen Woods! Just a short stroll to Aspen Landing, you'll enjoy trendy shops, restaurants, and fantastic amenities, all while being minutes from downtown and only an hour from the mountains. Step into a sleek modern kitchen featuring stainless steel appliances including a newer stove and refrigerator, gleaming white quartz countertops, kitchen island with breakfast bar, and AIR CONDITIONING for year-round comfort. The open-concept living and dining area flows effortlessly onto a sunny west-facing balcony that overlooks a serene, private green space. The spacious bedroom comfortably accommodates a king-sized bed and features a built-in King Murphy bed with drawers and nightstands, offering the flexibility to transform the space into a day room or office; while a walk-through closet leads to a stylish 4-piece cheater ensuite. Enjoy the comfort and convenience of numerous thoughtful upgrades, including plush new carpet in the bedroom, automatic roller blinds, a phantom screen on the patio door, smart color-changing LED ceiling lighting, electric ceiling fan in the living room, and updated faucets in both the kitchen and bathroom. The kitchen also features pull-out drawers in the lower cabinets for easy access and organization! Freshly painted just five months ago, the home is further enhanced by a professionally installed wall-mounted A/C unit in the living room with venting into the bedroom for year-round comfort. Additional perks include a titled heated underground parking stall, access to a well-equipped gym, secure bike storage, and guest suites for visitors. This is truly a turn-key opportunity—book your private showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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103 280 Shawville Way SE in Calgary: Shawnessy Apartment for sale : MLS®# A2231540
103 280 Shawville Way SE Calgary T2Y 3Z8
$325,000Residential- Status:
- Active
- MLS® Num:
- A2231540
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 868 sq. ft.
Welcome to this beautifully renovated 2-bedroom, 2-bathroom ground-floor condo located in the desirable community of Shawnessy. This well-maintained unit features an open floor plan with spacious bedrooms and modern updates throughout. The kitchen shines with brand new quartz countertops, a brand-new electric stove, microwave hood fan, dishwasher, refrigerator, washer and dryer the newer luxury vinyl plank flooring adds both style and durability. Enjoy the convenience of utilities included in the condo fees except electricity , as well as a titled underground heated parking stall. Situated directly across from the Somerset-Bridlewood LRT Station, commuting is a breeze. The building also backs onto several shopping plazas with Walmart, Co-op, and numerous restaurants just steps away. Nearby amenities include the YMCA, public library, and local schools, with easy access to Macleod Trail and Stoney Trail. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready condo offers unbeatable value in a prime location. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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6 206 Grier Terrace NE in Calgary: Greenview Row/Townhouse for sale : MLS®# A2234293
6 206 Grier Terrace NE Calgary T2K 2Y7
$325,000Residential- Status:
- Active
- MLS® Num:
- A2234293
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 878 sq. ft.
Two Bedroom Condo Townhouse – Investor/First Time Buyer Alert! This exceptional end unit two bedroom townhouse represents an outstanding opportunity. It's a perfect fit for both first time home buyers and savvy investors. Step into this inviting end unit and discover a comfortable and functional living space. The main floor boasts an open concept design, seamlessly connecting the kitchen and living room. You'll find a convenient in suite laundry room and generous storage space under the stairs. The spacious living room is bathed in natural light thanks to an entire wall of NEW windows. Leading out through sliding patio doors is your private deck and a sunny, semi-fenced east-facing backyard – an ideal spot for relaxing or entertaining. Upstairs, you'll find a large master bedroom and a good sized second bedroom. This townhouse is tucked away in a remarkably quiet location at the end of a no-through road, offering a peaceful retreat without sacrificing convenience. The complex itself is beautifully maintained with extraordinary landscaping, featuring an abundance of mature shrubs and large trees. Location is everything, and this property delivers! You're just minutes from the Calgary International Airport, Downtown Calgary, and Deerfoot Trail, ensuring effortless commutes. Key institutions like SAIT, the University of Calgary, Foothills Medical Centre, and Alberta Children's Hospital are all within a 15-minute drive, putting everything you need within easy reach. Don't wait, book your showing today! More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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106 659 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2236879
106 659 4 Avenue NE Calgary T2E 0J9
$325,000Residential- Status:
- Active
- MLS® Num:
- A2236879
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,015 sq. ft.
Welcome to this bright and spacious two-bedroom condo, perfectly located in the heart of Bridgeland—one of Calgary’s most vibrant and sought-after inner-city neighborhoods. Blending comfort, convenience, and modern lifestyle, this ground-level unit stands out with its thoughtful design and impressive outdoor space. The kitchen is well maintained, featuring timeless white cabinetry, ample counter space, and quality white appliances. Its functional layout flows effortlessly into the open-concept dining and living areas, where large windows fill the space with an abundance of natural light. The true centerpiece of this home is the expansive south-facing patio—ideal for entertaining, gardening, or simply relaxing. This private outdoor retreat is a rare gem in inner-city living, offering unparalleled tranquility and charm. Both bedrooms are generously sized, providing ample space for rest and relaxation. The home also boasts a well-appointed four-piece bathroom, in-suite laundry, and a convenient storage room, ensuring functionality meets style. Additional advantages include secure underground parking for peace of mind and a pet-friendly building that welcomes your furry companions. Situated just steps away from trendy shops, charming cafés, top-rated restaurants, scenic parks, river pathways, the Calgary Zoo, Telus Spark, and the Bridgeland LRT station, this condo provides unbeatable walkability and effortless access to downtown. Condo fees cover everything except electricity and internet, making this property an exceptional value for urban living. Whether you’re a first-time buyer, savvy investor, or downsizer seeking low-maintenance living with premium amenities, this Bridgeland treasure checks every box. Don’t miss the chance to make this incredible property your new home!! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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512 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2236323
512 510 6 Avenue SE Calgary T2G 0H1
$325,000Residential- Status:
- Active
- MLS® Num:
- A2236323
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 574 sq. ft.
Fantastic opportunity for a bright south-facing unit in the desirable Evolution complex! Vacant and ready for quick possession! Full time concierge/security and gorgeous common areas including gym, party room and ROOFTOP PATIO enhance your lifestyle in one of Calgary's most exciting communities, the East Village! Enjoy strolling or biking the Riverwalk, dining at Charbar, meeting friends for coffee at Sidewalk Citizen, getting groceries across the street, hanging at the Central Library, visiting Studio Bell and walking to the Stampede or a Flames game! This open-concept condo has modern styling and great upgrades like full-slab granite counters & backsplash, high-end appliances including gas stove and floor-to-ceiling windows. Huge south balcony with expansive city views! This is no shoe-box sized condo - there is room for both a dining table AND a living room setup so you can have friends & family over for dinner parties. Beautifully appointed full bathroom, stacked washer/dryer, front closet plus included coat rack/shoe storage. Underground parking with adjacent storage locker. Enjoy central A/C to stay cool all summer long! This is the ultimate urban lifestyle - make it yours today! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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71D 231 Heritage Drive SE in Calgary: Acadia Apartment for sale : MLS®# A2238019
71D 231 Heritage Drive SE Calgary T2H 1N1
$325,000Residential- Status:
- Active
- MLS® Num:
- A2238019
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 990 sq. ft.
Step into sophistication with this professionally redesigned 2-bedroom, 1.5-bath gem that effortlessly blends comfort with contemporary style. Located in a vibrant 25+ building surrounded by lush green space, this inviting residence is perfect for those seeking elevated living with a splash of luxury. Features You'll Love - Track lighting and sleek new cabinetry create a modern, gallery-like ambiance - New appliances throughout, plus a dedicated coffee bar—perfect for morning rituals - Two spacious bedrooms and 1.5 spa-inspired baths with refined finishes - Convenient in-suite laundry and durable new flooring - Steps from transit, shopping, and restaurants, making life effortlessly accessible - Surrounded by plenty of green space for peaceful morning walks or afternoon lounging Whether you're downsizing or just upgrading your lifestyle, this home is a stylish sanctuary designed for comfort, convenience, and connection. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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201 2111 34 Avenue SW in Calgary: Altadore Apartment for sale : MLS®# A2235773
201 2111 34 Avenue SW Calgary T2T 2C5
$325,000Residential- Status:
- Active
- MLS® Num:
- A2235773
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 845 sq. ft.
This property presents an excellent opportunity for investors and first-time home buyers. Located in Calgary's sought-after Marda Loop neighborhood, this contemporary 2-bedroom, 2-bathroom condominium offers convenient access to a wide range of shops, amenities, and Mount Royal University. The area features diverse dining options, grocery stores including Blush Lane Market and Safeway, fitness centers, coffee shops, bakeries, and recreational spaces such as River Park, which is suitable for year-round activities. Additionally, the location is close to 17th Avenue, major banks, public transit routes, and offers easy connectivity via Crowchild Trail and Glenmore Trail, with downtown only 10 minutes away. The condo itself features a bright, spacious living area, an updated kitchen with NEW RANGE AND DISHWASHER, featuring granite countertops, luxury vinyl plank and concrete flooring, two full bathrooms, in-suite laundry, and two gas fireplaces. Additional amenities include a quiet balcony, double entrances, assigned rear parking, and available street parking. The modern kitchen and living room create an inviting space for entertaining, while the fireplace-equipped bedroom and living area offer comfort during the winter months. This well-maintained unit is move-in ready and awaits its next owner. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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102 2000 Somervale Court SW in Calgary: Somerset Apartment for sale : MLS®# A2235979
102 2000 Somervale Court SW Calgary T2Y 4J1
$325,000Residential- Status:
- Active
- MLS® Num:
- A2235979
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 883 sq. ft.
Here's your opportunity to own a corner 2 bedroom, 2 bath unit within a few minutes walking distance to Somerset-Bridlewood station! Located on the ground floor of Building 2000, this condo offers a bright and spacious layout that's perfect for entertaining. The open layout of the kitchen and living area feels comfortable with lots of natural sunlight coming in from the windows and patio doors. The bedrooms are located across from each other allowing more privacy between the rooms. It also includes in-suite laundry with ample storage space. This unit is available for a quick possession and the BONUS: condo fees covers all utilities except internet and cable! Whether you are looking for an investment property or a place for yourself this condo offers both value and convenience. Location is another plus with amenities like groceries, fitness centre, library and restaurants within close proximity. Contact your realtor and schedule a showing ASAP! Vacant and easy to show. More detailsListed by Charles- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated July 24, 2025 at 10:05 PM (UTC)
Diane Richardson 403.397.3706
Diane@mypadCalgary.com
Cell:
403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary
AB
T2H 2C3
CA
Featured Listing
Location: Rural Wheatland County
220048 RR 212
$564,900
MLS®#: A2224407
Bedrooms: 4
Bathrooms: 2.0
CIR Realty