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.
East Calgary Homes for Sale
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5277 28 Avenue SE in Calgary: Forest Lawn Industrial Industrial Land for sale : MLS®# A1255919
5277 28 Avenue SE Calgary T2B 1N3 
$1,382,500Land- Status:
- Active
- MLS® Num:
- A1255919
New Industrial Commercial land subdivision, all lots are part of a bareland condo development. More detailsListed by CMS Real Estate Ltd.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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5207 28 Avenue SE in Calgary: Forest Lawn Industrial Industrial Land for sale : MLS®# A1255950
5207 28 Avenue SE Calgary T2B 1N3
$3,500,000Land- Status:
- Active
- MLS® Num:
- A1255950
New Industrial Land subdivision, all lots will be part of a bareland condo development More detailsListed by CMS Real Estate Ltd.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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5236 28 Avenue SE in Calgary: Forest Lawn Industrial Industrial Land for sale : MLS®# A1255956
5236 28 Avenue SE Calgary T2B 1N3
$1,848,750Land- Status:
- Active
- MLS® Num:
- A1255956
New Industrial land subdivision, all lots will be part of a bareland condo development More detailsListed by CMS Real Estate Ltd.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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209 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2084617
209 1712 38 Street SE Calgary T2A 1H1
$157,000Residential- Status:
- Active
- MLS® Num:
- A2084617
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 815 sq. ft.
2 bedroom apartment on second floor of low rise building;open living room kitchen floor plan ;patio door to balcony; underground park stall. More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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5320 52 Avenue SE in Calgary: Starfield Industrial Land for sale : MLS®# A2151384
5320 52 Avenue SE Calgary T2C 4S5
$1,199,000Land- Status:
- Active
- MLS® Num:
- A2151384
A GREAT OPPORTUNITY to purchase a small vacant industrial parcel of land listed for sale with 120 feet of direct exposure onto 52nd Street SE. This undeveloped parcel of land was rezoned to I-G and is approximately 1.26 ac of land is an ideal site to build small front-loading industrial condominiums, or even a small fabrication/service shop with yard and heavy equipment parking. The property tax in 2024 was $1275.10. Over 24,000 vehicles drive past this site every weekday. City of Calgary may consider rezoning to I-C. The Legal description of the properties is: Plan 7558AF, Block 20, Lots 21 to 38 and the east 2.499 metres in perpendicular width throughout Lot 39, excepting thereout all mines and minerals. More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1540 36 Street in Calgary: Forest Lawn Residential Land for sale : MLS®# A2162353
1540 36 Street Calgary T2A 1C6
$650,000Land- Status:
- Active
- MLS® Num:
- A2162353
**Calling All Builders, Developers & Investors** Here's your chance to elevate South Calgary with this exceptional oversize corner lot zoned MC-2.. This spacious 6332 square feet parcel boasts excellent access and promising revenue opportunities. Also sold is lot 1536 with 6232 square feet zoned MC-2 next to it for a potential multifamily project with lucrative rental income opportunities. Accessibility: Positioned along 17 Avenue SE, a major arterial road in east Calgary, this property enjoys prime accessibility and exposure. Don't miss this rare chance to shape the future of South Calgary's residential landscape. With its prime location, expansive lot size, and promising potential, seize the opportunity now to make your mark. More detailsListed by Ace Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1536 36 Street SE in Calgary: Forest Lawn Residential Land for sale : MLS®# A2162358
1536 36 Street SE Calgary T2A 1C6
$600,000Land- Status:
- Active
- MLS® Num:
- A2162358
**Calling All Builders, Developers & Investors** Here's your chance to elevate South Calgary with this exceptional oversize cleared vacant MC-2 Zoned lot. This spacious 6232 square feet parcel boasts excellent access and promising revenue opportunities. Also sold is the corner lot 1540 with 6332 square feet zoned MC-2 for a potential multifamily project with lucrative rental income opportunities. Accessibility: Positioned along 17 Avenue SE, a major arterial road in east Calgary, this property enjoys prime accessibility and exposure. Don't miss this rare chance to shape the future of South Calgary's residential landscape. With its prime location, expansive lot size, and promising potential, seize the opportunity now to make your mark. More detailsListed by Ace Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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426 1717 60 Street SE in Calgary: Red Carpet Apartment for sale : MLS®# A2165066
426 1717 60 Street SE Calgary T2A 7Y7
$199,000Residential- Status:
- Active
- MLS® Num:
- A2165066
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 533 sq. ft.
Very nicely kept Condo with Large primary bedroom , huge den that can easily function as 2nd bedroom or a home office. A 4 pc. bathroom features a tub/shower. Laundry space with in-suite stacked washer & Dryer (new). Sliding glass doors off the open concept living/kitchen and eating area into an balcony complete with gas hookup for BBQ. A TITLED secure underground parking stall and storage locker (assigned) . Very secured building with lots of visitor parking stalls. Short drive to downtown, close to schools, parks including Elliston Park & Lake across the street from the complex. Bus stop is conveniently located outside the complex. More detailsListed by TREC The Real Estate Company- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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6151 Penworth Road SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2176544
6151 Penworth Road SE Calgary T2A 4J9
$566,000Residential- Status:
- Active
- MLS® Num:
- A2176544
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,093 sq. ft.
A fantastic opportunity awaits on this super quiet street 6151 Penworth Rd. SE. Upon entering, you'll be greeted by a bright living room, spacious kitchen with ample cabinets & pantry, This 4-level split property comes with 3 bed, 1 bath upper level, & 1 bed, 1 bath lower level, and a double detached garage. Newer roof. Quiet private back yard with lots of parking Located close to all major amenities, schools, shopping, transit, and parks! Schedule your viewing today! More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2211 45 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2177655
2211 45 Street SE Calgary T2B 1K1
$687,000Residential- Status:
- Active
- MLS® Num:
- A2177655
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,057 sq. ft.
LEGAL/Beautiful Basement Secondary SUITE # 00896). Unique - this is not commonly found but will impress you as it is meticulously maintained!! Fantastic opportunity to live upstairs in a beautiful bungalow and rent down!! RARE TRIPLE DETACHED GARAGE with 8 ft. high doors (a dream for toys, workshop, hobbies) with approximately 12 ft. ceilings and overhead mezzanine for storage, heated slab with a boiler & overhead gas furnace, air lines throughout with an 80 gal. upright compressor and separate electrical panel, stereo system. ALL SHELVING AND WORKBENCHES STAY!! Additional suite/RV/boat parking on South side of garage with a privacy wall so that you can enjoy the fabulous yard. Gorgeous curb appeal! Main floor has two bedrooms, living (A/C heat pump for cooling upstairs), kitchen with white cabinetry (sleek appliances including double ovens) has access to West back yard with two tiered deck/hot tub, dining, 4-piece bath. Vinyl plank, hardwood and porcelain flooring throughout! The stairway to basement which has laundry (front load washer/dryer) and utility room/water softener & lots of storage is dedicated space for the main floor residents. LEGAL BASEMENT SUITE with separate outside entrance is beautiful with living room, bedroom/walk-in closet, kitchen, 4-piece bathroom and convenient stacked washer/dryer. Yard is fully fenced and has shed & gravel dog area. Hot/cold taps on deck with drain for dog paws. CT cameras inside and out. FULL SECURITY SYSTEM!! Located minutes from downtown and with close proximity to all amenities, shopping, restaurants, schools, parks, transit, airport and all major transportation. PRIDE OF OWNERSHIP & GREAT QUALITY WORKMANSHIP!! Don't miss this opportunity to own and have some revenue at the same time, have a family member close to you or whatever suits!! Worth seeing - Own and pay off your mortgage, at the same time. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2 2106 50 Street SE in Calgary: Forest Lawn Industrial Mobile for sale : MLS®# A2178657
2 2106 50 Street SE Calgary T2B 1A7
$74,900Mobile- Status:
- Active
- MLS® Num:
- A2178657
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 1,023 sq. ft.
Welcome to this budget-friendly mobile home in Forest Lawn! If you are seeking a comfortable and inviting place to call your own without straining your finances, this could be the perfect fit. The home features a spacious living room, a well-equipped kitchen, a full bathroom, and an impressively large bedroom that can easily be converted into TWO SEPARATE BEDROOMS. Additionally, there is a generously sized foyer at the entrance. With park fees at an affordable $730 per month, this home offers exceptional value. Schedule your viewing today to explore this opportunity firsthand! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2815 12 Avenue SE in Calgary: Albert Park/Radisson Heights Semi Detached (Half Duplex) for sale : MLS®# A2181334
2815 12 Avenue SE Calgary T2A 0G4
$449,999Residential- Status:
- Active
- MLS® Num:
- A2181334
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 883 sq. ft.
Ideal for growing family needing more space, this house offers a versatile and spacious layout, with two generously-sized bedrooms upstairs and another two bedrooms downstairs, providing plenty of room for relaxation and privacy. The upstairs features a bright, open kitchen, a cozy wood burning fireplace in the living area, and access to a private balcony—ideal for enjoying outdoor moments. The lower level is bright and airy due to big windows and includes a second kitchen, fully equipped, adding convenience and flexibility. Each level has a 4 piece bathroom and each bedroom comes with a good amount of closet space. The house has a warm and cozy feel throughout, perfect for making it a comfortable home. The backyard offers unique outdoor potential, ideal for gardening or enjoying nature. With its thoughtful design, ample space, and inviting atmosphere, this is perfect for comfortable, functional living. Albert Park/ Radisson is a family-friendly, tight-knit community, close to parks, including Stanley Park, the Calgary Zoo, and the Bow River pathway for outdoor activities, with excellent access to public transit and major roadways, including an easy commute to downtown via 17Ave, Memorial Drive or the Ctrain (Franklin Station nearby) or to Chestermere. Derrfot Trail offers quick access to the rest of the city and the airport. Barlow and Max Bell Centre are just a short drive away. Amenities: Nearby shopping, dining, and healthcare facilities, steps away from elementary and junior high schools with breath taking views of Calgary downtown. More detailsListed by One Percent Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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