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.
SPRINGBANK HILL HOMES FOR SALE UNDER $600,000
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91 spring willow Close SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2221486
91 spring willow Close SW Calgary T3H 3V8 
$579,000Residential- Status:
- Active
- MLS® Num:
- A2221486
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,613 sq. ft.
Upgraded, Air-Conditioned Townhome | 3 Bed + 2.5 Bath +Den | Attached Garage|1612 sqrt Welcome to this like-new, beautifully upgraded townhome in the prestigious community of Springbank Hill. Featuring central air conditioning, luxury vinyl plank flooring throughout, and a thoughtfully designed open-concept layout, this home offers style, functionality, and comfort in one of Calgary’s most sought-after neighborhoods. The main floor a modern chef’s kitchen with quartz countertops, stainless steel appliances, gas cooktop, chimney hood fan, and a spacious living and dining area perfect for entertaining. Step out onto your south-facing balcony complete with a gas BBQ line—ideal for relaxing or hosting outdoors. Upstairs, you'll find two generous bedrooms and a Den, including a primary suite with a walk-in closet and a private 3-piece ensuite. A second full bathroom, an additional bedroom (perfect for guests or a home office), convenient upper-floor laundry, and extra storage complete this level. The entry level features a versatile flex space or guest bedroom, a welcoming mudroom, and access to the insulated attached garage. Located in a top-ranked school district, this townhome is surrounded by natural walking paths, green spaces, and scenic trails. You're just minutes from Aspen Landing, Westside Recreation Centre, LRT stations, and major roadways including Stoney Trail—ensuring quick access to downtown and weekend mountain getaways. This home still carries the Alberta New Home Warranty. Whether you're looking for your first home, downsizing, or investing in a prime location—this townhome has it all. Don't miss out—book your private showing today! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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129 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2231062
129 2117 81 Street SW Calgary T3H 6H5
$529,000Residential- Status:
- Active
- MLS® Num:
- A2231062
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,272 sq. ft.
Welcome to the budding community of Aspen Springs Townhomes! This luxurious townhome is bound to impress - featuring 2 bedrooms, 2 bathrooms, Den and attached garage. As you walk into the unit on the lower level you are met with luxury vinyl plank flooring all through the den and mudroom areas. This level also hosts the garage, storage, coat closet and little mechanical room. Flight of stairs leads up to a couple of landings with huge windows that stream in natural light. On the main floor upstairs you walk into a dining nook that flows into a living room which exits unto a balcony. The kitchen is adorned with gleaming quartz counter tops and eating area. Across from this is the utility room that doubles as laundry room. Walk down the hallway and you meet one 4pce bathroom on the right and a huge linen closet on the left. End of hallway to the right is one bedroom and to the left is the primary bedroom with a 4pce ensuite. ALL FURNITURE ARE NEGOTIABLE. This unit is nestled across from Aspen Landing and a vast array of amenities and infrastructure all around the neighbourhood and within walking distance. Urban living at its best. You can't afford to miss out on this. Call today for your private viewing. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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122 Spring Creek Common SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2218470
122 Spring Creek Common SW Calgary T3H 6E2
$519,900Residential- Status:
- Active
- MLS® Num:
- A2218470
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,220 sq. ft.
Welcome to this beautiful top-floor corner unit in the highly desirable community of Springbank Hill. Featuring a private attached garage and a convenient gas BBQ line, this home offers both comfort and easy outdoor entertaining. The unique top-floor layout also includes a spacious, separate dining area for added elegance. The main floor includes a versatile office/den, ideal for remote work or personal projects. Upstairs, the bright open-concept living area flows effortlessly, with a cozy living room and spacious dining area that leads to a large balcony with a gas hookup for barbecues and outdoor dining. The upper level features two spacious bedrooms, including a private master retreat with a walk-in closet and a bright en-suite bathroom. A second bedroom and a stylish family bathroom complete this floor, with the washer and dryer conveniently located on the same level. Enjoy the convenience of a retail plaza within the complex and Aspen Landing nearby for shopping and dining. Families will appreciate the close proximity to top Calgary schools, including Webber Academy, Calgary Academy, and Rundle College. With easy access to downtown Calgary and major routes like Stoney Trail, you’ll always be well-connected. Plus, the 69 Street LRT station is just two minutes away by car. Move-in ready and filled with modern upgrades, this home is perfect for families, young professionals, or investors. Don’t miss the chance to own this beautiful property in one of Calgary's most sought-after neighborhoods. More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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165 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2232248
165 2117 81 Street SW Calgary T3H 6H5
$519,000Residential- Status:
- Active
- MLS® Num:
- A2232248
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,272 sq. ft.
Welcome to this bright and modern southeast-facing unit featuring 2 spacious bedrooms, a versatile den, and an attached garage. Enjoy the comfort of central air and a fresh, contemporary design in this newly built home. The open-concept kitchen is flooded with natural light and offers stunning views—perfect for entertaining or relaxing. Located in a desirable neighborhood, this home includes the peace of mind of the remaining home builder warranty. Don’t miss this opportunity for stylish, maintenance-free living! More detailsListed by One Percent Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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25 35 Springborough Boulevard SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2229592
25 35 Springborough Boulevard SW Calgary T3H 5V7
$499,900Residential- Status:
- Active
- MLS® Num:
- A2229592
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,445 sq. ft.
This beautifully updated Brownstone townhouse features 2 bedrooms, 1.5 bathrooms a single detached garage and 1,445 square feet of living space over two levels! The large and bright kitchen has been updated with timeless white cabinetry with subway tile backsplash, a blue accent island and subway tile backsplash. The kitchen is complete with a large pantry and overlooks the dining area with access to the private south-facing balcony. The large living area has a wall of windows overlooking the boulevard that allow natural light to pour through the main level all day long. Updated vinyl flooring flows throughout the main level, perfect for those with children and pets. The upper level has fresh carpet throughout and offers two dormered primary bedrooms giving an architectural design that is rarely found. Spanning 15'x16', the larger bedroom has ample space to comfortably accommodate a full bedroom suite and the second bedroom, virtually equal in size, is the perfect guest space or den with double closets for ample storage. The large 5 pc bathroom has double sinks and separates the bedrooms for added privacy. Laundry is conveniently located on the upper level. Completing this updated home is a single detached garage to keep your vehicle and valuables safe all year long! Conveniently located in desirable Springbank HIill, this home is just minutes from countless amenities and within walking distance to the LRT for quick access to downtown. More detailsListed by Charles- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2205 7451 Springbank Boulevard SW in Calgary: Springbank Hill Apartment for sale : MLS®# A2202608
2205 7451 Springbank Boulevard SW Calgary T3H 4K5
$499,500Residential- Status:
- Active
- MLS® Num:
- A2202608
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,151 sq. ft.
Welcome to this beautifully updated 2-bedroom, 2-bathroom condo in the heart of Springbank Hill. This stunning unit boasts a private south-facing balcony, a huge deck with an extra storage room attached, and a titled underground parking stall. The bright, open-concept layout has been meticulously maintained and thoughtfully upgraded. Recent renovations include brand-new appliances, new flooring throughout, updated countertops, cabinets, lighting, and a new washer and dryer. The spacious primary suite features a walk-in closet and a 4-piece ensuite, while the second bedroom is generously sized and conveniently located near the additional 4-piece bath. Enjoy the convenience of in-suite laundry, heated underground parking, and bike storage in this exceptionally well-managed building with a healthy reserve fund. Nestled in a quiet yet central location, you’re just moments from transit, shopping, and fantastic amenities. This is truly one of the best units in the entire complex—don’t miss out on this incredible opportunity. Schedule your viewing today! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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210 8355 19 Avenue SW in Calgary: Springbank Hill Apartment for sale : MLS®# A2229884
210 8355 19 Avenue SW Calgary T3H 6G3
$496,888Residential- Status:
- Active
- MLS® Num:
- A2229884
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 832 sq. ft.
Welcome to 85th & Park! Experience elevated condo living in this beautifully designed and upgraded 2 bed, 2 bath unit in the prestigious Aspen Woods/Springbank Hill area of SW Calgary. Built in 2023, this home features stunning quartz countertops, a large central island, modern stainless-steel appliances with a chimney hood fan, and durable laminate flooring throughout. Plush carpet adds warmth to the bedrooms, while the deep soaker tub with full tile surround creates a spa-like feel in one bathroom while the other contains a large shower enclosure. Enjoy in-suite laundry, a sunny southwest-facing balcony with gas hookup, and a prime location directly across from the elevator with no neighbours across the hallway. This unit also includes titled underground parking with private storage directly behind the stall, plus an additional storage locker conveniently located just down the hall. All of this just minutes from shopping, schools, parks, pathways, and golf. Don't miss this opportunity, book your private showing today! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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28 2117 81 Street SW in Calgary: Springbank Hill Row/Townhouse for sale : MLS®# A2227816
28 2117 81 Street SW Calgary T3H 6H5
$450,000Residential- Status:
- Active
- MLS® Num:
- A2227816
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 963 sq. ft.
Discover Elkwood in Aspen Springs, one of Calgary’s most desirable communities. This brand new stacked townhome is loaded with nearly $30,000 upgrades, including central A/C, a gas BBQ line, custom window coverings, and frameless glass shower doors with full-height tile surrounds. Located on the top floor with 2 spacious bedrooms and 2 full bathrooms, this modern home features an open concept layout enhanced by 9-foot ceilings, large windows, and wide-plank luxury vinyl flooring, creating a bright and inviting atmosphere throughout. The sleek, designer kitchen impresses with quartz countertops, soft-close cabinetry, a tiled backsplash, stainless steel appliances, and a built-in microwave hood fan—perfect for both everyday living and entertaining. Enjoy the convenience of a main floor laundry room with front-load washer and dryer and generous storage space. The lower level offers additional storage and private direct access to your own garage—a rare and valuable feature. Ideally located just minutes from Aspen Landing, walking trails, schools, and natural green spaces, this home is the perfect balance of style, comfort, and convenience. Whether you’re looking for your first home, a smart investment, or a low-maintenance lifestyle upgrade—this one checks all the boxes. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1212 7451 Springbank Boulevard SW in Calgary: Springbank Hill Apartment for sale : MLS®# A2223359
1212 7451 Springbank Boulevard SW Calgary T3H 4K5
$442,500Residential- Status:
- Active
- MLS® Num:
- A2223359
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,172 sq. ft.
OPEN HOUSE SUNDAY, JUNE 27. 1:00-3:00 PM. This beautiful, sunny two-bedroom condo unit has two full bathrooms and is located in desirable Springbank Hill just minutes away from the Westhills, Signal Hill and Aspen Woods shopping districts, the Westside Recreation Centre, and provides quick access to transit and Stoney Trail. Newly painted, the unit has a bright, open floor plan with high-end stainless-steel kitchen appliances, a peninsular breakfast bar and a natural gas fireplace. The in-suite laundry boasts full-sized, high-efficiency appliances and shelving for storage. New plush carpet and waterproof underlay were installed in July 2023. The unit features a sunny south-facing covered deck with a natural gas BBQ hook-up, a large on-deck storage locker, two titled parking stalls in the heated underground parking facility with a newly constructed storage cage perfect for housing tires and larger items. The property provides secured bicycle storage in the underground parking facility and is located with easy access to bike trails and Griffiths Woods Park. A bonus amenity space with reading materials and a pool table is located above the third floor. A new security system, installed at the property in 2024, provides digital access to the building and its parking facilities. The primary bedroom, with its walk-in closet, includes a 4pc ensuite with a soaker tub, separate stand-up shower and linen closet. A second 4pc bathroom is located immediately adjacent to the second bedroom with its own linen closet; both bedrooms are also equipped with lighted ceiling fans. The foyer & bedroom closets as well as the on-deck storage locker are outfitted with organizer units to maximize utility. With its proximity to shopping, schools, parks, transit and easy access to Stoney, Sarcee, Glenmore and Crowchild Trails, this move-in ready unit has it all. Book your showing today! Click on the Feature Sheet icon above to view video and the Virtual Tour icon above to view the Tour. NO DOGS ALLOWED. More detailsListed by Royal LePage Mission Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2107 7451 Springbank Boulevard SW in Calgary: Springbank Hill Apartment for sale : MLS®# A2236057
2107 7451 Springbank Boulevard SW Calgary T3H 4K5
$435,000Residential- Status:
- Active
- MLS® Num:
- A2236057
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,114 sq. ft.
Welcome to Your Next Chapter in Springbank! Step into modern comfort with this beautifully updated 2-bedroom, 2-bathroom condo, perfectly nestled in one of Calgary’s most desirable communities. With over 1,100 square feet of thoughtfully designed living space, this move-in-ready home is the perfect blend of style, function, and charm. From the moment you walk through the door, you're greeted with a bright, open-concept layout, freshly painted walls, and bamboo flooring that flows seamlessly throughout. The spacious living room is bathed in natural light thanks to the sunny south-facing balcony, complete with a cozy gas fireplace—ideal for curling up during Calgary's crisp winter evenings. Love to cook and entertain? You’ll appreciate the airy kitchen with plenty of prep space, a new induction range with convection oven, a sleek new microwave hood fan and new dishwasher. Whether you're hosting friends or whipping up a weeknight dinner, this kitchen delivers. The primary bedroom is your personal retreat, featuring a dual walk-through closet and a private 4-piece ensuite. You’ll also enjoy in-suite laundry, generous in-unit storage, tons of visitor parking and two titled parking stalls with additional storage—a rare find! This is not a ground-floor unit—it’s elevated over 7 feet for added privacy and peace of mind. Located just minutes from top-rated schools, universities, parks, shopping, and every amenity you could need, this home is more than a place to live—it’s a smart investment in your future. Whether you're a first-time buyer or savvy investor, this condo offers unbeatable value in a thriving community. Don't wait—book your private showing today and discover all the features this home has to offer! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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403 205 Spring Creek Common SW in Calgary: Springbank Hill Apartment for sale : MLS®# A2234475
403 205 Spring Creek Common SW Calgary T3H 6H4
$435,000Residential- Status:
- Active
- MLS® Num:
- A2234475
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 843 sq. ft.
Welcome to this new upscale build in Springbank Hill! Immediate Possession! This very bright and open-concept 2 bedroom, 2 bath unit on the TOP FLOOR offers affordable luxury and convenient living near the Aspen Landing Shopping Centre, the new Aspen Village (being built) plus miles of walking paths and environmental reserves. Open floor plan features a peninsula kitchen with eating bar, high-quality cabinets, soft-close doors, under-mounted double sink, & Whirlpool stainless steel appliances. Full, private ensuite with double sinks off the main bedroom and a huge walk-in closet. Second bedroom with large window and easy access to second full bath and stacked washer/dryer with storage. Thoughtfully designed with expansive double pane windows, 9ft ceiling, warm coloured luxury vinyl plank flooring throughout, a spacious living /dining room, and bright windows and glass door to the balcony with BBQ gas line. The Orion Condos are bordered by a serene natural reserve with abundant walking trails and bike paths that connect throughout this vibrant and sought-after community. It comes with a titled underground parking stall with over-sized storage locker. Amenity room available. Amenities within walking distance include Safeway, Blush Lane, Royal Bank, TD, Starbucks, Cob's bread, Original Joe’s restaurant, Lady Bug Cafe and many more! Close to the 69 Street C-Train, Westside Rec Centre plus easy access downtown and to the mountains! Pets allowed. More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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1104 7451 Springbank Boulevard SW in Calgary: Springbank Hill Apartment for sale : MLS®# A2214449
1104 7451 Springbank Boulevard SW Calgary T3H 4K5
$425,000Residential- Status:
- Active
- MLS® Num:
- A2214449
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,129 sq. ft.
Elegant and spacious 2 bedroom/ 2 bathroom home in the desirable SW community of Springbank Hill. Enjoy being close to all amenities and living in a quiet, well managed building. Enter 1104 into a large foyer with a custom, built in bench and coat closet. This corner unit with only one adjoining wall and many windows (including in the kitchen) has both South and East exposure ensuring extensive natural light. High-end details are found throughout the home including gorgeous engineered hardwood floors (walnut), new A/C (heat pump), a Fisher Paykel refrigerator, Bosch appliances, a spacious primary ensuite with both a soaker tub and walk-in shower, walk in pantry/ laundry room with a deep freezer, and ample storage including a large storage room on the patio, two linen closets, and an underground storage area. You’ll notice the layout of this home has character, with several angles and nooks for display and furniture. The large primary suite includes plenty of room for a King size bed and hosts a walk-in closet with through access to the ensuite. The second bedroom, located on the opposite side of the home, has two windows and a built-in desk hidden away in the closet, allowing for multi-functional use of this space. Enjoy your large sunny patio in this quiet and friendly community with shopping (Signal Hill/Westhills) and schools nearby along with quick access to the mountains and the ring road. One titled, underground parking spot can be found in this very well managed building (current owner rents an additional underground parking spot for $75/month). More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated July 9, 2025 at 02:05 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 Foothills County
316042 160 Avenue West
$1,995,000
MLS®#: A2219597
Bedrooms: 4
Bathrooms: 4.0
CIR Realty