Diane Richardson

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Affordable Calgary Homes for Sale Under $500,000 Calgary Homes for Sale Under $500,000

Looking for Calgary homes for sale under $500,000? Discover an array of affordable properties in one of Canada’s most dynamic cities. In Calgary’s thriving real estate market, buyers can enjoy exceptional value without compromising on quality or convenience. Whether you are a first-time buyer, a savvy investor, or someone ready to downsize, affordable Calgary homes provide the perfect opportunity to secure a comfortable lifestyle in a vibrant community.

Our comprehensive listings showcase a variety of properties under $500,000, from cozy condos to charming single-family homes. Each listing is carefully selected for its prime location, modern amenities, and potential for future growth. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, shopping centers, and essential services. This makes owning a home not only a smart financial investment but also a gateway to enjoying Calgary’s exceptional quality of life.

By leveraging expert insights and in-depth market knowledge, you can confidently navigate the competitive Calgary market. Explore our selection today and let us help you find the ideal home that fits your budget and lifestyle, turning your dream of homeownership into a reality.

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Phone: 403.397.3706
Email: diane@mypadcalgary.com

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Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes


Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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HOMES FOR SALE MAHOGANY $900,000 TO $1,000,000

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  • 158 Masters Point SE in Calgary: Mahogany Detached for sale : MLS®# A2209488

    158 Masters Point SE Mahogany Calgary T3M 2B5
    Main Photo: 158 Masters Point SE in Calgary: Mahogany Detached for sale : MLS®# A2209488
    $900,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209488
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,418 sq. ft.
    WELCOME TO THIS BEAUTIFUL DESIGNED FAMILY HOME!! This house is located across the street from MAHOGANY'S MAIN BEACH only at the walking distance of 5 minutes. Its Stylish, comfortable and on a prime Corner lot with NO NEIGHBOURING WALLS on Two sides of the house. This stunning home offers approximately 3400 Sqft of livable space which comprises of 4 bedrooms+ Large Size Bonus Room and 3.5 Bathrooms with potential to create a side entrance as its a corner lot. You will fall in love with the 9 ft. ceilings, rich hands craped laminate floors, A/C, custom window treatments and expansive windows that floods the main floor in natural light. The spacious foyer guides you to a perfect den/office space, mudroom, powder room and then opens to the beautiful living room with tile-faced gas fireplace and Trendy White Kitchen with Antique Glass Upper Cabinets & Under Cabinet Lighting. The Kitchen has Modern Upgraded Stainless steel Appliances including the Modern Built-in Microwave Oven and White Granite Countertops throughout that makes the home even more brighter. Upper level comes with Premium Laminate Flooring that gives warmth and coziness comprising a Really Huge Master Bedroom, Two Spacious Bedrooms with a Jack & Jill Bathroom, a Large Laundry Room and a Huge Bonus Room that will become the hub for play time and movie nights! The primary bedroom suite offers a large walk-in closet and gorgeous ensuite with dual vanities, separate soaker tub and enclosed standing shower. In the professionally developed basement, you will immediately notice the 9' ceilings and the huge bonus/recreation room with lots of big size windows which does not make you feel that its a basement as it gets flooded with lots of natural light. There is a Bedroom with Wal-In- Closet and Storage plus a Full Bathroom as well. The Basement Bedroom can be perfect for guests or the growing teenager wanting a bit more space. Right off the stairs there is also a huge utility room which provides additional plenty of storage space. This beautiful corner home is within walking distance to the Mahogany Beach Club, schools, shops, public transportation and gorgeous walking paths of the wet land. More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 45 Mahogany Heath SE in Calgary: Mahogany Detached for sale : MLS®# A2206369

    45 Mahogany Heath SE Mahogany Calgary T3M 0T1
    Main Photo: 45 Mahogany Heath SE in Calgary: Mahogany Detached for sale : MLS®# A2206369
    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2206369
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,377 sq. ft.
    Completely transformed in 2024, this stunning home in the sought-after lake community of Mahogany offers a perfect blend of modern elegance and timeless charm. Luxury vinyl plank flooring stretches throughout, while stylish new light fixtures and recessed lighting harmonize beautifully with the natural sunlight streaming through large windows. At the heart of the home is a showstopping kitchen—a culinary dream with sleek white cabinetry with crown molding, marbled quartz countertops, and a waterfall-edge island. Stainless steel appliances, including a gas stove, elevate both function and style, a glossy white backsplash, and matte black hardware add a touch of sophistication. Overlooking the spacious dining area, there’s plenty of room for a harvest table, making hosting holidays or intimate dinners effortless. The living room is warm and inviting, anchored by a striking stone-faced gas fireplace with a mantle, a charming wall niche for your personal treasures, and a floating live-edge shelf—a conversation piece in itself! Upstairs, a bright and airy family room offers a dedicated space for kids, separate from the main living area downstairs. Two generously sized bedrooms share an updated full bath with quartz countertops, while the primary suite is a luxurious retreat. Large enough for a king-sized bed, it features an oversized walk-in closet with a window and a modern spa ensuite. Unwind in the freestanding soaker tub set against a subway-tiled feature wall, or refresh in the separate shower. Floating shelves and artistic patterned tile flooring complete the space with flair. The fully finished basement is an entertainer’s paradise, featuring an expansive rec room and a stylish wet bar with matching quartz counters, open shelving, a sink, and a dishwasher. A fourth bedroom and full bath make this level perfect for guests or older children seeking their own space. Step outside to your low-maintenance composite deck, where you can enjoy morning yoga, alfresco dining, or afternoon summer BBQs. The backyard offers ample space for kids to play, making it the perfect extension of this already incredible home. Living in Mahogany means access to Calgary’s largest freshwater lake, where sandy beaches, scenic walking paths, and year-round recreational activities await. With charming shops, restaurants, and top-rated schools nearby, this vibrant, family-friendly community offers a lifestyle like no other. Whether you’re kayaking at sunrise, enjoying an ice cream by the lake, or gathering with friends at the clubhouse, Mahogany is more than just a neighborhood—it’s a destination. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 4 Mahogany Park SE in Calgary: Mahogany Detached for sale : MLS®# A2202997

    4 Mahogany Park SE Mahogany Calgary T3M 2J9
    Main Photo: 4 Mahogany Park SE in Calgary: Mahogany Detached for sale : MLS®# A2202997
    $991,000
    Residential
    Status:
    Active
    MLS® Num:
    A2202997
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,548 sq. ft.
    This is the one you have been waiting for! This stunning JaymanBuilt lake home features over 3200 sq ft of developed space and is loaded with every upgrade imaginable! Sitting on a corner lot on a quiet street, steps to the lake, schools, parks, and South Health Campus Hospital. As you enter the home you are greeted by the gleaming cascade maple hardwood flooring leading you into the open concept main floor with flooded with natural light from the abundance of large windows. Chefs Dream Kitchen with tons of crisp white full height maple cabinetry, double islands with crescent edge quartz counters, designer backsplash, upgraded stainless steel appliances with 5 burner gas cooktop, wall oven, and built in microwave, corner pantry, and additional built-in desk/coffee bar. Open to the large dining room with garden door to the deck in fully landscaped and fenced backyard. Spacious living room with picture window and cozy stone-faced fireplace with mantle. Head upstairs to the central bonus room, great kids play area or TV room! Large primary bedroom escape with gorgeous ensuite bathroom with "his and her" quartz vanities, separate walk-in closets, make up counter, floor to ceiling tile, 10mm glass shower, and deep soaker tub. Good sized second and third bedrooms and another 5-piece main bathroom with double sinks and separate doored bath/shower. Great layout for multiple kids to get ready in the morning! Convenient upper floor laundry room complete this family friendly upper floor. Fully finished basement by the builder with the same quality of finishings carried down as well. Starts with a recreation area with rough ins for bar, and full 4-piece bathroom with tile flooring and quartz counters. And leads into the family room with egress window and large 4th bedroom with massive walk-in closet! Upgraded mechanical room with tankless hot water system and central vacuum system and attachments. Oversized double attached garage that's fully insulated and drywalled and high ceilings great for storage racks or a car lift! Enjoy exclusive access to Mahogany's clubhouse and pristine lake, perfect for swimming, paddling, and fishing in the summer, and ice skating in the winter. The community also offers tennis and pickleball courts, along with great walking paths boasting unbeatable views. The neighborhood is conveniently located near all essential amenities, including shopping, dining, schools, and recreational facilities. This home shows 10/10 and is a must see! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 134 Masters Common SE in Calgary: Mahogany Detached for sale : MLS®# A2210948

    134 Masters Common SE Mahogany Calgary T3M 2N4
    Main Photo: 134 Masters Common SE in Calgary: Mahogany Detached for sale : MLS®# A2210948
    $999,000
    Residential
    Status:
    Active
    MLS® Num:
    A2210948
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,501 sq. ft.
    Immaculately kept, this stunning 4+1 bedroom family home offers 3,398 livable SF in the Heart of Mahogany! Beautifully upgraded and exceptionally functional, this home has been thoughtfully designed for modern family living without the need for any sacrifices. Step inside and be welcomed by a large front entry. Tremendous design allows for smooth transitions to the back mudroom or main living spaces first passing the private office. Premium laminate gives warmth to the main floor that offers 9’ ceilings, a spacious open-concept living room with a cozy gas fireplace with sleek tile surround. The chef-inspired kitchen features premium KitchenAid stainless steel appliances, granite countertops, a walk-through pantry with custom shelving, and plenty of storage. A den, mudroom and powder room complete this space. Upstairs the primary retreat is both luxurious and practical complete with a 5 piece ensuite, upgraded shower with built-in shelf and an enviable walk-in closet with custom drawers and shelving. The laundry is conveniently connected through the walk-in master closet leading to a large bright bonus room and three additional bedrooms served by a 4 piece bath. The fully finished basement offers even more living space with a large recreation room, perfect for movie nights. Mounted 80” TV included!! Down the hall is a 5th bedroom, 4pc bath and built-in storage. Step outside to your private, low-maintenance yard featuring over $30K in landscaping upgrades including a PUTTING GREEN! Enjoy summer BBQs on the composite deck with gas hook-up for the BBQ. Do not overlook the following inclusions: Front & Back Nest cameras plus video doorbell, 2 Mounted TV’s, Central AC, EV Charger in garage, WATTS LED front exterior lighting function and built-In mudroom cubbies. Located on a quiet street in Mahogany, close to schools, parks, the lake, and all amenities! This is the perfect home for your family to grow and enjoy for years to come. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
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Data was last updated April 20, 2025 at 12:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.