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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404 1524 15 Avenue SW
Sunalta Calgary T3C 0X9

$229,000
Residential beds: 1 baths: 1.0 532 sq. ft. built: 1969

Main Photo: 404 1524 15 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2201794
Photo 1: 404 1524 15 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2201794
Photo 2: 404 1524 15 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2201794
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Photo 22: 404 1524 15 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2201794
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2201794
Bedrooms:
1
Bathrooms:
1
Year Built:
1969
Airbnb potential shines in this top-floor 1-bedroom unit with a storage/den room in the vibrant Sunalta community of SW Calgary Downtown, currently operating as a successful Airbnb for excellent cash flow. The property has been updated throughout, showcasing a modern aesthetic and turnkey condition, making it ideal for both New homebuyers and investors. With recent upgrades to the unit and the building, this well-maintained space offers comfort and style, ensuring it stands out in the rental market. Conveniently located near downtown amenities, public transit, parks, and local shops, this property not only shows beautifully but also promises significant potential for returns. Don’t miss your chance to explore this exceptional offer!
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:
532 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$364.15
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
3
Year built:
1969 (Age: 56)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0511631
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Alley Access, Off Street, Stall, Unassigned
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Common Area
Condo Fee Frequency:
Monthly
Z-name Not Listed
Sunalta
Other
Dishwasher, Electric Stove, Refrigerator
na
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
12'2" × 8'7"
Main Floor
Bedroom - Primary
11'10" × 9'3"
Main Floor
Living Room
13'4" × 9'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Other
Interior Features:
Storage
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Mar 12, 2025
Days on Mkt:
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Listed by Real Broker
Data was last updated April 25, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$231,400
Min list price:
$169,000
Max list price:
$899,900
Avg days on market:
21
Min days on market:
1
Max days on market:
63
Avg price per sq.ft.:
$384.56
These statistics are generated based on the current listing's property type and located in Sunalta. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706