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.

MOUNT ROYAL HOMES & CONDOS FOR SALE FROM $375,000 to $475,000 IN SW CALGARY

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  • 101 916 19 Avenue SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2237506

    101 916 19 Avenue SW Lower Mount Royal Calgary T2X 1M2
    Main Photo: 101 916 19 Avenue SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2237506
    $439,000
    Residential
    Status:
    Active
    MLS® Num:
    A2237506
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,529 sq. ft.
    Welcome to 101 916 19 Avenue SW, a charming two-bedroom, two-bathroom main floor condo located in the highly sought-after community of Lower Mount Royal. This beautifully maintained unit features an open-concept dining and living area with a wood-burning fireplace, complemented by floor-to-ceiling windows facing south, flooding the space with natural light. The loft provides extra space, perfect for a home office, gym, or a second living area, offering versatile options to suit your lifestyle. A laundry closet on the main floor adds convenience, along with a full bathroom and bedroom. Upstairs, there is a second bedroom and bathroom, both of which feature large closets, providing ample storage space. The building, known as The Cameron Mansion, is pet-friendly with no size restrictions, making it ideal for animal lovers who want to bring their furry friends along. It’s a welcoming community where your pet’s size won’t be a barrier. Located steps from vibrant 17th Avenue’s shops and restaurants, this location offers easy access to shopping, schools, public transit, and is within walking distance to all of downtown Calgary. Despite its inner-city setting, the condo is situated on a quiet, tree-lined street, offering peaceful living in the heart of the city. Additional features include a large interlock stone patio, a newer stove and fridge with water and ice dispenser, and one assigned secure underground parking stall. The condo fee includes heating, adding to your comfort and convenience. Don’t miss out on this rare opportunity – book your viewing today and discover what makes this condo so special! More details
    Listed by Century 21 Bamber Realty LTD.
  • 2 1720 11 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2226249

    2 1720 11 Street SW Lower Mount Royal Calgary T2T 3L6
    Main Photo: 2 1720 11 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2226249
    $429,900
    Residential
    Status:
    Active
    MLS® Num:
    A2226249
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    874 sq. ft.
    Welcome to this charming townhouse nestled in the heart of Lower Mount Royal, where vibrant city living meets peaceful residential comfort. This two bedroom plus bonus room ( located in the basement could be multi purposed as guest room, office, den, workout room etc) home offers 873 square feet on just the main floor with a total of 1,057 square feet of developed living space—significantly more generous than typical downtown condos at this price point. Perfectly positioned in a sneaky quiet location, you'll enjoy being steps away from Calgary's best dining, shopping, and entertainment without the noise and bustle. The thoughtfully designed floor plan maximizes functionality while providing ample storage throughout—a rare feature in most urban condominiums. The basement is a versatile gem with 184 square feet of additional developed living space including the third bedroom ( window is not egress) and 4 piece bathroom with an additional 137 sq ft that currently houses laundry facilities and storage but could easily be developed and serve as a guest area, home office, or small recreation room. Having your own dedicated furnace and hot water tank means reasonable utility costs alongside manageable condo fees—a substantial cost advantage over comparable properties. Recent renovations showcase beautiful vinyl plank flooring and a gorgeous kitchen that truly serves as the heart of this home. The large east and south-facing patio welcomes abundant natural light and features a gas BBQ line—an outdoor luxury many downtown dwellers can only dream of! This well-maintained complex has seen significant investment in capital improvements over recent years, with majority of large replacement costs already covered, providing peace of mind for future owners and protecting your investment for years to come. Underground parking is a premium feature, with your dedicated stall positioned conveniently at your unit's entrance. All three bedrooms offer generous proportions, with the primary bedroom boasting a walk-in closet and space for a king-sized bed—a rarity in urban living spaces. The neighborhood truly shines with multiple transit locations within walking distance including both the West Kirby and Sunalta C-Train Station just a five-10 minute walk away, Co-op Midtown grocery store four minutes away, and multiple parks within a short stroll. Downtown is merely an 11-minute bike ride or walk, making commuting a breeze. Pet lovers rejoice—this extremely pet-friendly complex welcomes your furry companions with board approval! More details
    Listed by eXp Realty
  • 305 1732 9A Street SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2221801

    305 1732 9A Street SW Lower Mount Royal Calgary T2T 3E6
    Main Photo: 305 1732 9A Street SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2221801
    $419,900
    Residential
    Status:
    Active
    MLS® Num:
    A2221801
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,417 sq. ft.
    Discover a rare opportunity to own a multi-level, New York–style loft in one of Calgary’s most coveted inner-city neighbourhoods. Nestled in the heart of Lower Mount Royal, this loft-style condo blends industrial-chic design with modern comfort—perfect for young professionals, bachelors, or couples seeking a dynamic urban lifestyle. The dramatic living room features soaring ceilings open to the second level, polished concrete floors, and expansive west-facing windows that fill the space with natural light. Step outside onto the west-facing balcony, the perfect spot for morning coffee or unwinding after a long day. The open-concept layout includes a functional, maple kitchen with granite counters, granite slab backsplash, a central island and breakfast bar (note: there is a water line behind refrigerator), a generous main-floor bedroom, and a 3-piece bathroom. Upstairs, the lofted primary suite offers a 3-piece ensuite, large closet, den or office overlooking the living area, in-suite laundry, and plenty of storage. The unit also boasts an underground parking spot, in-unit storage room, and a large storage locker in the parkade. Despite being just one block from the vibrant cafés, restaurants, nightlife, and boutique shopping along Calgary’s iconic 17th Avenue SW (“The Red Mile”), this condo is tucked away on a quiet, tree-lined street, offering a peaceful sanctuary in the heart of the action. Close to downtown, the Stampede Grounds, and transit, this stylish inner-city home offers location, lifestyle, and character in one of Calgary’s most upscale communities, known for its multi-million-dollar homes. This loft offers all the perks of inner-city living with the character and space rarely found in typical condos, all within over 1400 sq/ft of well-appointed living space. More details
    Listed by RE/MAX iRealty Innovations
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Data was last updated July 10, 2025 at 04:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA