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.
DISCOVERY RIDGE HOMES & CONDOS FOR SALE FROM $475,000 to $575,000
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110 20 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2228108
110 20 Discovery Ridge Close SW Calgary T3H 5X4 
$550,000Residential- Status:
- Active
- MLS® Num:
- A2228108
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,320 sq. ft.
Welcome to Discovery Ridge: Your Ideal Home Awaits! Discover the perfect blend of comfort and convenience in this beautifully maintained 2-BEDROOMS, 2-FULL BATHROOM , 2 HEATED PARKING nestled in the heart of Discovery Ridge. ALL UTILITIES INCLUDED IN THE CONDO FEES AS WELL! (Heat, water and electricity.) With an abundance of windows, this corner unit is bathed in natural light, creating a warm and inviting atmosphere that’s perfect for making lasting memories. Enjoy a seamless flow between living, dining, and kitchen areas, ideal for entertaining or relaxing after a long day. Backing onto the serene Griffith Woods Park, you’ll have nature at your doorstep, providing a peaceful retreat right outside your window. With two heated underground parking stalls, you can say goodbye to scraping ice off your car during those chilly winter months. Don’t miss the opportunity to call this charming unit your home. Schedule a viewing today to fully appreciate all that it has to offer! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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238 10 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2222900
238 10 Discovery Ridge Close SW Calgary T3H 5X3
$528,800Residential- Status:
- Active
- MLS® Num:
- A2222900
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,321 sq. ft.
We get it - You want to love where you live, but you still want to lock up and fly to Mexico at a moments notice. You want to make sure there is enough room for your gorgeous furniture and King Bed. Also, that your friends will feel comfortable visiting. We have found your Heaven… Oh, did we mention you can move in right away!? Highlights - TWO TITLED Parking Stalls - Gleaming new appliances - Two Bedrooms - Close to the elevator - Two Bathrooms - Inclusive Condo Fees - NEW Carpet - Lots of storage in unit. Ok let’s break it down by room for you. The front Foyer is long and grand with plenty of room for hooks and a bench. Your Laundry room and storage space is far from the bedrooms so you can do a load in the middle of the night if you want. The Bedrooms are separated from each other and have their respective bathrooms closely for maximum privacy. Right now, we have the second bedroom setup as an office but it would make an excellent yoga studio, reading nook or art space as well! What a bright, sunny kitchen with stainless appliances, granite counters and a fun eating bar! You will notice all your extra windows as you are a corner unit. The light, modern tile flooring really makes it seem extra bright in the Living/Dining area. A comfortable balcony has enough room for a conversation set and some plants, and offers sun as well as shade! This Primary bedroom shares NO WALLS with another unit making it very quiet and GIANT. I am telling you - you could fit two beds here if you wanted :D. A walk in closet and well sized ensuite finishes this suite off. There is a reason Discovery Ridge is so sought after - Lush landscaping, steps from the Elbow River, tennis courts, playgrounds and shopping all at your doorstep. Not to mention, everyone in this community actually CARES. Incredible access to downtown, the mountains and the ring road. You better come see if this is your heaven today… More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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311 20 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2196651
311 20 Discovery Ridge Close SW Calgary T3H 5X4 LIVE STREAM: Jul 13, 202502:00 PM - 04:30 PM MDTOpen House on Sunday, July 13, 2025 2:00PM - 4:30PM Large 1277 sq ft 2 bedroom, 2 bath plus den end units looking into Griffith Woods rarely come on the market.. You have complete privacy as you sit on your deck. It is hard to believe you are in Calgary.
$515,000Residential- Status:
- Active
- MLS® Num:
- A2196651
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,277 sq. ft.
Large 1277 sq ft 2 bedroom, 2 bath plus den end units looking into Griffith Woods rarely come on the market.. You have complete privacy as you sit on your deck. It is hard to believe you are in Calgary. The condo comes with a title parking stall with a full cage for storage. Please note that electricity as well as all other utilities are included in the condo fees in this concrete structure! Backing on to Griffith Woods, this condo has its own wildlife sanctuary with deer roaming throughout the 93 acre protected reserve area located by the Elbow River. A hiker’s paradise, you are 3 minutes from the Elbow River pathway system. Discovery Ridge is a quiet, secluded area with easy access to shopping, schools and city transit. It is like living in Canmore yet 15 minutes to downtown. Mount Royal University and the Rockyview Hospital are less than 10 minutes away and you can be out of the city and on your way to Banff in minutes. Amenities include a gym and community room in Building 30. The recently completed Calgary Ring Road gives you easy access to all quadrants of the city. The Discovery Ridge community area is located right behind the Wedgewoods with a children’s playground, tennis courts, soccer fields, skating/hockey rink, basketball court – all maintained by the Discovery Ridge Community Association. More detailsListed by Calgary West Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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