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.

BANKVIEW CONDOS & HOMES FOR SALE FROM $475,000 to $575,000

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  • 202 2306 17B Street SW in Calgary: Bankview Apartment for sale : MLS®# A2208090

    202 2306 17B Street SW Bankview Calgary T2T 4S8
    Main Photo: 202 2306 17B Street SW in Calgary: Bankview Apartment for sale : MLS®# A2208090
    $565,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208090
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,781 sq. ft.
    This two-story apartment feels like a real home, with 1,780.95 sq ft of functional living space and soaring 20-foot ceilings in the family room. Large west-facing windows flood the space with natural light, while a cozy gas fireplace with a charming mantle creates a warm, inviting focal point. Bright, airy, and thoughtfully laid out, the space is ideal for relaxing, entertaining, or spending time with family. Located in the heart of Bankview, this Calgary condo-style apartment places you just steps from 17th Avenue SW, with easy access to top-rated restaurants, coffee shops, parks, and transit. You’re close to the action, yet tucked away enough to enjoy peace and privacy. The main level offers an open-concept kitchen with an island, a dedicated dining area, and a generous secondary bedroom with its own full ensuite—great for guests or roommates. Upstairs, the primary bedroom features a full ensuite, a walk-in closet, and private hallway access, offering flexibility for couples or work-from-home setups. Additional features include central air conditioning, in-suite laundry, a brand-new dishwasher and hot water tank, one assigned underground parking stall, and a secure storage locker. If you’re searching for a spacious two-level condo in Calgary with character, function, and a prime inner-city location—this one deserves your attention. More details
    Listed by Charles
  • 1507 23 Avenue SW in Calgary: Bankview Row/Townhouse for sale : MLS®# A2180953

    1507 23 Avenue SW Bankview Calgary T2T 0T8
    Main Photo: 1507 23 Avenue SW in Calgary: Bankview Row/Townhouse for sale : MLS®# A2180953
    $524,900
    Residential
    Status:
    Active
    MLS® Num:
    A2180953
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,823 sq. ft.
    Modern, sophisticated and immaculate townhouse promoting a low-maintenance lifestyle! A convenient dual master floor plan, 2 titled parkade stalls and an outstanding inner-city location add to the allure of this casually elegant home. Walk or bike downtown, trendy 17th Ave or the Bow River then come home to a quiet sanctuary away from the hustle and bustle. Park your vehicles safely out of the elements in the heated garage that directly connects to the versatile above grade entry level. The massive flex space on this level is perfect as a rec room, office, gym and more! The bright and open main floor is designed for both comfort and entertaining with an abundance of natural light and clear sightlines. Relax in the inviting living room while still engaging in conversations with those in the sleek and modern kitchen. Cook up culinary delights with gourmet features of a gas stove, a plethora of full-height cabinets, stainless steel appliances, timeless subway tile backsplash and a breakfast bar island for everyone to gather around. Completing this level is a handy powder room in the same stylish design as the rest of the home. Dual master bedrooms grace the upper level, both are extremely spacious with their own private ensuites equipped with luxurious body jet showers! One of the master bedrooms even includes access to the balcony for peaceful morning coffees and dual vanity in their ensuite. Laundry is conveniently located on the bedroom level. Gather in the tranquil courtyard for a seamless indoor/outdoor lifestyle and a great outdoor entertaining space within this private complex. All this and a dynamic location that is quiet yet close to transit, walking paths, unique shopping, award-winning restaurants, bars, pubs, cafes and so much more! ** Condo fees include heat + water ** More details
    Listed by RE/MAX Real Estate (Central)
  • 1413 22 Avenue SW in Calgary: Bankview Row/Townhouse for sale : MLS®# A2211600

    1413 22 Avenue SW Bankview Calgary T2T 0R6
    Main Photo: 1413 22 Avenue SW in Calgary: Bankview Row/Townhouse for sale : MLS®# A2211600
    $489,900
    Residential
    Status:
    Active
    MLS® Num:
    A2211600
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,177 sq. ft.
    Welcome to your dream inner-city residence in the highly sought-after neighbourhood of Bankview, where elegant minimalist design meets vibrant urban living. This stunning 3-storey townhouse offers some of the most breathtaking views of downtown Calgary and blends sophisticated style with generous space. From the moment you enter, you’ll be struck by the refined simplicity of the interior—clean lines, a calming neutral palette, and an abundance of natural light that enhances the airy, modern aesthetic. The expansive open-concept main floor is perfect for entertaining, featuring newly refinished hardwood floors, a sleek fireplace, and a contemporary kitchen with white lacquer cabinetry, integrated appliances, and a striking quartz waterfall island. The second floor offers two spacious bedrooms, both complemented by beautifully updated bathrooms—an elegant family bath and a serene four-piece en-suite. The third level is a bright and versatile loft space with two balconies and sweeping skyline views, currently staged as a bonus room but easily converted into a stunning bedroom. Additional highlights include a fully developed lower level with a large laundry area, storage room, and direct access to the oversized single garage, offering both convenience and extra utility space. This unit features a total of three balconies, in-suite laundry, and south-facing windows and decks, currently being updated with the special assessment fully paid. Perfectly located just steps from 17th Avenue and Marda Loop, this home offers the best of inner-city living with refined, minimalist luxury. Don’t miss your opportunity to own this one-of-a-kind home—schedule your private viewing today. More details
    Listed by Keller Williams BOLD Realty
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Data was last updated April 21, 2025 at 05:30 AM (UTC)
Diane Richardson
Cell: 403-397-3706