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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1801 400 Eau Claire Avenue SW
Eau Claire Calgary T2P 4X2

$4,750,000
Residential beds: 3 baths: 5.0 5,255 sq. ft. built: 1995

Main Photo: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
Photo 1: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
Photo 2: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
Photo 3: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
Photo 4: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
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Photo 24: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
Photo 25: 1801 400 Eau Claire Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2132204
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2132204
Bedrooms:
3
Bathrooms:
5
Year Built:
1995
Experience the pinnacle of luxury living at the Penthouse in Prince’s Island Estates, situated in the heart of the city along the peaceful banks of the Bow River. This exceptional residence offers proximity to a range of amenities, including upscale shops, fine dining establishments, theaters, parks, and scenic pathways. Enter this lavish home through your own private elevator entrance, where you'll be welcomed by a bright and spacious living area featuring vaulted ceilings and expansive windows that fill the space with natural light and stunning views. The living room, sunlit office, and elegant dining area are graced with impeccably heated hardwood floors. The kitchen, perfect for culinary enthusiasts, features solid wood cabinetry, high-end appliances, dual dishwashers, and a charming breakfast nook with a custom-built table. A full bar leads to the formal dining room, creating an ideal setting for indoor and outdoor gatherings on the sprawling terrace accessible from both the nook and dining area. The primary suite is a serene retreat with a two-story sitting area framed by large windows overlooking lush treetops. Relax in the deep soaker tub or refresh under the double shower in the primary ensuite. The ensuite seamlessly connects to the walk-in closet and dressing room, complete with a spacious island and integrated laundry area. Completing the main level are two additional bedrooms, a welcoming office, and a cozy den. The North loft boasts a fitness area, a bathroom with a steam shower, and a large patio with a relaxing hot tub where you can unwind while enjoying city views. On the South side, a loft with 16-foot vaulted ceilings houses the media room, a comfortable lounge, and a well-appointed wet bar. Two expansive patios offer panoramic views in every direction. This condominium is equipped with a cutting-edge Control4 system for managing lighting, blinds, and audio, as well as an alarm system, Hubbardton Forge lighting fixtures, and three reserved underground parking spaces. Don't miss this extraordinary opportunity to own an estate condominium in one of Calgary's most prestigious communities.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Penthouse
Total Living Area:
5,255.36 sq. ft.
Main Level Finished Area:
4,053.67 sq. ft.
Upper Level Finished Area:
1,201.69 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$4,309.79
Condo Fee Includes:
Common Area Maintenance, Electricity, Heat, Insurance, Parking, Reserve Fund Contributions, Residential Manager, Sewer, 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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East, North, Northeast, Northwest, South, Southeast, Southwest, West
Floor Location:
Top
Entry Level:
8
Stories Total:
8
Levels:
Multi Level Unit
End Unit:
End Unit
Total Rooms Above Grade:
17
Year built:
1995 (Age: 30)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
5.0 (Full:3, Half:2)
Plan:
9512180
Heating:
Baseboard, Forced Air, Natural Gas
New Constr.:
No
Construction Material:
Brick, Concrete, Stucco
Structure Type:
High Rise (5+ stories)
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Mantle, Stone
Garage:
0
Parking:
Parkade, Stall, Underground
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
In Unit, Main Level
Condo Fee Frequency:
Monthly
Prince's Island Estates
Eau Claire
Car Wash, Elevator(s), Secured Parking, Visitor Parking
Bar Fridge, Dishwasher, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked, Wine Refrigerator
Hot tub, kitchen table, dining table, TVs, remote blinds in living room and master bedroom
Easement Registered On Title, Restrictive Covenant-Building Design/Size, Underground Utility Right of Way
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
17'2" × 17'
Main Floor
Kitchen
12'5" × 11'8"
Main Floor
Dining Room
16'9" × 13'11"
Main Floor
Breakfast Nook
16'2" × 12'10"
Main Floor
Other
13' × 9'
Main Floor
Family Room
13'11" × 13'
Main Floor
Bedroom - Primary
20'8" × 16'10"
Main Floor
Laundry
18'11" × 10'6"
Main Floor
Office
13'8" × 9'10"
Main Floor
Bedroom
11'5" × 8'11"
Main Floor
Bedroom
11'5" × 10'4"
Main Floor
Foyer
10'6" × 6'9"
Main Floor
Den
10'11" × 9'9"
Main Floor
Office
10'6" × 9'7"
Main Floor
Storage
13'5" × 4'1"
Main Floor
Furnace/Utility Room
18'3" × 7'5"
Upper Level
Game Room
116'10" × 12'5"
Upper Level
Exercise Room
15'11" × 9'1"
Upper Level
Furnace/Utility Room
13'8" × 5'5"
Upper Level
Storage
26'10" × 5'
Upper Level
Loft
13'8" × 11'10"
Upper Level
Media Room
16'9" × 12'6"
Upper Level
Other
13' × 7'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
11' x 25'
Main Floor
No
2
4'9" x 5'5"
Main Floor
No
5
5'3" x 12'3"
Upper Level
No
3
6'5" x 10'
Upper Level
No
2
3'2" x 8'5"
Title to Land:
Fee Simple
Community Features:
Gated, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Bar, Beamed Ceilings, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Closet Organizers, Double Vanity, Elevator, French Door, Granite Counters, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Recessed Lighting, Recreation Facilities, Smart Home, Soaking Tub, Stone Counters, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data, Wired for Sound
Exterior Features:
Balcony, Courtyard, Garden, Lighting
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
May 15, 2024
Days on Mkt:
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Virtual Tour

Listed by Century 21 Masters
Data was last updated April 25, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$569,900
Min list price:
$199,000
Max list price:
$9,500,000
Avg days on market:
52
Min days on market:
7
Max days on market:
378
Avg price per sq.ft.:
$718.19
These statistics are generated based on the current listing's property type and located in Eau Claire. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706