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.

RICHMOND HILL HOMES & CONDOS FOR SALE FROM $375,000 to $475,000 IN SW CALGARY

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  • 905 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2236590

    905 2505 17 Avenue SW Richmond Calgary T3E 7V3
    Main Photo: 905 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2236590
    $429,900
    Residential
    Status:
    Active
    MLS® Num:
    A2236590
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,174 sq. ft.
    Discover luxury living in this stunning penthouse unit at The Casel, a premier high-end building in the heart of Calgary. Perched on the top floor, this expansive 2-bedroom, 2-bathroom penthouse unit spans nearly 1,200 square feet, making it one of the largest in the building. Designed to maximize breathtaking panoramic south views, the unit features floor-to-ceiling windows throughout, flooding the space with natural light. The massive balcony offers an unrivaled vantage point to soak in the cityscape. The open-concept layout showcases a luxurious kitchen with quartz countertops, stainless steel appliances, including a gas range and built-in oven, and ample space for a large dining room table. The living room, framed by incredible views, is perfect for entertaining or relaxing. With central air conditioning, the south-facing exposure remains comfortable year-round. The spacious primary bedroom boasts more stunning views and a lavish ensuite bathroom with a separate shower and tub. The second bedroom, equally impressive with its own spectacular views, is complemented by a second full bathroom. Ample storage, in-unit laundry, and titled parking add convenience, while the building’s amenities—Liquor Drops, True Gents Barbershop, Village Flatbread Co., the award-winning Cassis Bistro, an ophthalmologist, and a denture clinic—elevate the lifestyle. With quick access to downtown Calgary and Crowchild Trail, this penthouse unit offers unparalleled luxury and convenience. More details
    Listed by Real Estate Professionals Inc.
  • 805 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2228965

    805 2505 17 Avenue SW Richmond Calgary T3E 7V2
    Main Photo: 805 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2228965
    $409,900
    Residential
    Status:
    Active
    MLS® Num:
    A2228965
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,170 sq. ft.
    Elevate your living in this luxury condominium in the highly sought after award winning Cásel building perfectly located along 17th Ave SW in the vibrant Richmond neighbourhood. At almost 1,200 sq ft this 8th floor 2 bedroom unit is one of the largest in the buildingl. The stylish contemporary finishes and spacious open floor plan are rivalled only by the breathtaking mountain & city views accessible from every room in the unit. Floor to ceiling windows provide unobstructed SW facing views and an abundance of natural light throughout. You’re going to love cooking in the modern kitchen which is well equipped with Quartz counters, induction cooktop, counter height peninsula, built in microwave, dishwasher, wall oven and sleek European inspired cabinetry including a panelled refrigerator that blends seamlessly. The built in wall unit in the spacious living area is a work of art itself and the perfect place to display your treasures. The living room is open to a good sized dining area and sliding glass doors provide access to the large balcony with glass railings to showcase your stunning views. The primary bedroom is a great size and comes complete with a huge walk through closet and spa inspired ensuite boasting a large soaker tub and separate shower. The 2nd bedroom is also a good size whether you are looking to use it as a bedroom or a designated office space. It is conveniently located next to the 2nd bath. Plenty of built in cabinets provide ample storage throughout the unit. Air conditioning, 9’ ceilings, wide plank hand hewn laminate flooring, black out curtains and solar shades plus in suite laundry round out this fabulous apartment. The building provides secure underground parking and 1 titled parking stall with plenty of room to add storage if needed. There are also 2 levels of public parking available for guests to use. One of the unique benefits that makes Cásel one of the most desirable inner city buildings is the mixed use component located on the 1st and 2nd floors of the building. Here you’ll find a wide range of businesses including Liquor Drops, True Gents Barbershop, Village Flatbread Co, the award winning French bistro Cassis Bistro, ophthamologist, denture clinic, mystic and holistic provider and more. Imagine the convenience of being able to pop down for a bottle of wine or a delicious meal without ever leaving the building. Once back upstairs you can pour yourself a glass of wine, sit back and enjoy the view. Easy access to both MRU & U of C make this a great investment opportunity. Come see for yourself. Book your showing today. More details
    Listed by RE/MAX Key
  • 401 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2198689

    401 2505 17 Avenue SW Richmond Calgary T3E 7V3
    Main Photo: 401 2505 17 Avenue SW in Calgary: Richmond Apartment for sale : MLS®# A2198689
    $409,000
    Residential
    Status:
    Active
    MLS® Num:
    A2198689
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,023 sq. ft.
    Welcome to this stunning, sleek, and modern condo offering an open-concept design perfect for contemporary living. The beautiful kitchen is a chef's dream, featuring stainless steel appliances, gas cooktop and built-in gas oven, quartz countertops, sleek cabinetry, and modern fixtures, all highlighted by a large kitchen island ideal for entertaining. The spacious dining area flows seamlessly into the living room, where you’ll be surrounded by floor-to-ceiling windows that allow natural light to flood the space and offer stunning views. The building itself is built with quiet rock noise-reduction technology and constructed from concrete for a quiet living experience. The large master suite is a true retreat, complete with a walk through closet and a luxurious ensuite featuring a stand-up shower and deep soaker tub. The second bedroom offers a bright, airy space with two walls of windows, making it the perfect room for guests, a roommate, or a home office. Additional features include titled underground parking, in-suite laundry with new washer and dryer, and a generous-sized balcony with North and downtown views, plus a natural gas line for your BBQ. Enjoy the convenience of having a French bistro, café, and wine store just steps from your door. This condo is located in a prime area, only minutes from downtown and the vibrant shops and restaurants along 17th Avenue. With all utilities, except electricity, included in the condo fees and the added benefit of individual furnace and air cooling units in each suite, this is a true gem that combines luxury, comfort, and convenience. More details
    Listed by eXp Realty
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Data was last updated July 10, 2025 at 12:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA