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Affordable 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.
Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
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Mahogany Calgary semi-detached homes for sale
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105 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2242701
105 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $270,000Residential- Status:
- Active
- MLS® Num:
- A2242701
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 600 sq. ft.56 m2
The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. Built to Avalon’s Net Zero Advantage standards, it features superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1113 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2229395
1113 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $270,500Residential- Status:
- Active
- MLS® Num:
- A2229395
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 548 sq. ft.51 m2
The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. ZEN townhomes feature superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. The Braeburn offers a smart, efficient introduction to homeownership. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1104 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2208434
1104 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $278,900Residential- Status:
- Active
- MLS® Num:
- A2208434
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 548 sq. ft.51 m2
The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. ZEN townhomes feature superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. Ideal for first-time homebuyers or investors, the Braeburn offers a smart, efficient introduction to homeownership. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style, making it a great investment. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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711 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2244576
711 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $418,900Residential- Status:
- Active
- MLS® Num:
- A2244576
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,188 sq. ft.110 m2
Located in Calgary's premier lake community, this two-storey home features a seamless open layout that integrates the kitchen, dining, and living areas, perfect for everyday life and entertaining. The kitchen has stainless steel appliances and an island with quartz countertops. Upstairs, you'll find two generously sized bedrooms with ensuite bathrooms and walk-in closets, offering privacy and convenience. The upper floor also includes a laundry area, adding to the home's practicality. Superior insulation, exceeding building code by 40%, ensures that ZEN homes are quieter, more durable, and warmer than traditionally built homes. The house also includes a Fresh Air System (HRV) for improved indoor air quality and energy-efficient features like double-coated, triple-pane windows and extra insulation. Experience this ZEN townhome's ultimate blend of comfort, modern living, and close lakeside lifestyle. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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706 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2218188
706 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $418,900Residential- Status:
- Active
- MLS® Num:
- A2218188
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,116 sq. ft.104 m2
Modern Comfort in Calgary’s Premier Lake Community - Welcome to this stylish two-storey townhome in the heart of Calgary’s sought-after lake community. Thoughtfully designed for both everyday living and entertaining, the open-concept main floor seamlessly connects the kitchen, dining, and living areas. The modern kitchen has stainless steel appliances, an island with quartz countertops, and plenty of storage. Upstairs, you’ll find two spacious bedrooms, each with its own ensuite and generous closet space, offering both privacy and convenience. A dedicated upper-floor laundry area adds to the home's everyday functionality. Built to exceed today’s standards, this ZEN home offers 40% more insulation than required by code, resulting in a quieter, warmer, and more energy-efficient living experience. Triple-pane, double-coated windows, a high-efficiency HRV (Fresh Air System), and extra airtight construction improve indoor air quality, durability, and resiliency. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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710 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2240091
710 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $432,000Residential- Status:
- Active
- MLS® Num:
- A2240091
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,226 sq. ft.114 m2
Located in Calgary's premier lake community, this two-storey home features a seamless open layout that integrates the kitchen, dining, and living areas, perfect for everyday life and entertaining. The kitchen has stainless steel appliances and an island with quartz countertops. Upstairs, you'll find two generously sized bedrooms with ensuite bathrooms and walk-in closets, offering privacy and convenience. The upper floor also includes a laundry area, adding to the home's practicality. Superior insulation, exceeding building code by 40%, ensures that ZEN homes are quieter, more durable, and warmer than traditionally built homes. The house also includes a Fresh Air System (HRV) for improved indoor air quality and energy-efficient features like double-coated, triple-pane windows and extra insulation. Experience this ZEN townhome's ultimate blend of comfort, modern living, and close lakeside lifestyle. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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205 Marquis Lane SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2222852
205 Marquis Lane SE Mahogany Calgary T3M 2G6 $449,900Residential- Status:
- Active
- MLS® Num:
- A2222852
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,459 sq. ft.136 m2
Affordable Lake Living in Mahogany! Welcome to townhome living and an incredible opportunity to own in one of Calgary’s most desirable lake communities – without compromising on style, space, or functionality. This popular-designed 2-bedroom, 2.5-bathroom townhouse is perfect for first-time buyers, young professionals, downsizers, or investors looking to enjoy the benefits of lake community living at an accessible price point. Step inside and you’ll love the thoughtful layout, featuring a popular dual primary bedroom design, each with its own private ensuite and spacious closet – ideal for roommates, guests, or a home office setup. The bright main living area, thanks to a sunny south back exposure, boasts a functional kitchen featuring a large island that flows seamlessly into both the dining and living space – perfect for everyday living and entertaining. Unique to this model is a main floor flex room (with it's own patio access), offering the perfect space for a home office, workout room, or hobby area – a rare bonus in this price range! Enjoy the outdoors on your private upper balcony or lower patio and families will enjoy having the playground directly behind. Buyers will also appreciate the convenience of in-suite laundry, a guest powder room, and attached single garage with driveway for an additional parking space. All of this within walking distance to Mahogany’s amazing amenities – including lake access, beaches, two elementary schools, walking trails, parks, shops, restaurants, and more. Don’t miss your chance to get into this award-winning community at an unbeatable value. Book your showing today and experience Mahogany living for yourself! More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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109 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2243757
109 135 Mahogany Parade SE Mahogany Calgary T3M 2J9 $465,000Residential- Status:
- Active
- MLS® Num:
- A2243757
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,520 sq. ft.141 m2
Introducing the Willbrook floorplan – where modern living meets comfort and convenience. This thoughtfully designed townhome offers just over 1,500 sq.ft. of well-planned living space, featuring two spacious bedrooms and 2.5 bathrooms. A single attached garage provides added security and everyday ease. The open-concept main floor includes a fully equipped kitchen that’s perfect for culinary creativity, while the adjacent dining area flows seamlessly into a spacious living room—ideal for both entertaining and unwinding. Upstairs, both bedrooms include private ensuites and walk-in closets, delivering privacy and plenty of storage. A dedicated upper-floor laundry space adds everyday convenience to your routine. Photos are representative. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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13 903 Mahogany Boulevard in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2231119
13 903 Mahogany Boulevard Mahogany Calgary T3M 3W9 $469,900Residential- Status:
- Active
- MLS® Num:
- A2231119
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,530 sq. ft.142 m2
If you’ve been watching the market, you already know, brand new homes in Mahogany under $470K don’t come up often. Especially not with two massive bedrooms, two full ensuites, a tandem double garage, and lake access. Built by Mountain Pacific Homes, this smartly designed townhome delivers serious value without cutting corners. The main floor has an open-concept layout, with a modern kitchen at the centre, quartz countertops, stainless steel appliances, soft-close cabinets, and a big island for breakfast, dinner parties, or whatever else your day throws at you. Upstairs, you’ll find two full primary suites, each with their own ensuite and walk-in closet, perfect for roommates, guests, or just having your own space without compromise. Laundry is up here too (because it should be). Downstairs, your tandem double garage has tons of room for two vehicles, bikes, gear, and storage. And yes, automated window coverings are already installed—just move in and start living. All this in Mahogany, one of Calgary’s best communities. Private lake access, winter ice skating, trails, beach club, restaurants, groceries, and parks all around you. Whether it’s summer paddles or winter fires, Mahogany is built for real life, not just weekends. At this price, in this location, with this much included? There’s nothing else like it. * Photos are of finished unit, same floorplan. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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297 Mahogany Boulevard SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2236396
297 Mahogany Boulevard SE Mahogany Calgary T3M 2G6 $500,000Residential- Status:
- Active
- MLS® Num:
- A2236396
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,805 sq. ft.168 m2
2 MASTER BEDROOMS | 2 1/2 BATHROOMS | 3 STOREY | 1,805 SQFT OF LIVING SPACE | DOUBLE ATTACHED GARAGE | Welcome to this beautifully decorated and immaculately maintained home in the family friendly community of Mahogany. This home features central air conditioning, an abundance of storage space and upgraded lighting throughout. As you enter the home you will be impressed with the spacious living room with a large south facing window overlooking the the wetlands and allowing an abundance of natural light into the space. Just steps away, enjoy your dining room opening onto the kitchen with access to the balcony with natural gas hookup. The kitchen features quartz countertops, a convenient breakfast bar, brand new microwave hood fan and plenty of counter and cabinet space. Enjoy the convenience of the kitchen cupboard/pantry with an appliance service station and feature stationary barn doors. You will also enjoy the upgraded dual blinds with black out shades and 2-piece bathroom on the main level. As you head upstairs, you will be impressed with the convenient crawl space storage area just off the landing. Once on the upper level, you are welcomed to two stunning master bedrooms both equipped with their own ensuites and walk-in closets for convenience. Relax in the primary bedroom with 4-piece ensuite bathroom or enjoy the second bedroom with custom textured wallpaper throughout, adding an elegant touch to the room. Additionally, you will enjoy the convenient laundry room on the upper level. The lower level features an open are to use as an office, large storage room and mudroom for ease when entering from the double attached heated garage. Enjoy all that this home has to offer as well as the many amenities that Mahogany has to offer including lake access, beach club, and recreation facilities. The home is conveniently located across the street from an elementary school and playground. Don't miss out on the chance to live in this wonderful lake community and make this home yours today! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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612 Mahogany Boulevard SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2237560
612 Mahogany Boulevard SE Mahogany Calgary T3M 1X9 $525,000Residential- Status:
- Active
- MLS® Num:
- A2237560
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,179 sq. ft.110 m2
Welcome to 612 Mahogany Blvd SE — a beautifully maintained home that truly checks all the boxes! Located in the heart of Calgary’s premier lake community, this property offers a lifestyle of comfort, convenience, and year-round recreation. Step inside to an inviting open-concept layout with 9-foot ceilings and an abundance of natural light. The main level features a stylish kitchen with custom white cabinetry, stainless steel appliances, and plenty of space to entertain or unwind. Enjoy summer mornings on your charming front porch and sunny afternoons in the south-facing backyard — perfect for BBQs or gardening. Upstairs you’ll find dual primary bedrooms, each complete with its own walk-in closet and private full ensuite, offering the ideal setup for roommates, guests, or a growing family. Bonus: the home is equipped with central A/C for those hot summer days. The undeveloped basement offers a fantastic opportunity to customize and add value, with a wide open layout ready for your personal touch. Ideally situated near schools, parks, transit, shopping, restaurants, and just minutes to Mahogany Lake, this home offers unmatched access to everything the community has to offer. Whether you're a first-time buyer, downsizer, or investor — this is one you don’t want to miss! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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92 903 Mahogany Boulevard SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2236888
92 903 Mahogany Boulevard SE Mahogany Calgary T3M 3W9 $539,900Residential- Status:
- Active
- MLS® Num:
- A2236888
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,562 sq. ft.145 m2
*OPEN HOUSE SAT-SUN 12PM-5PM* Built with longevity in mind, this brand new 3-bedroom, 2.5-bathroom townhome is built to stand the test of time. With ENGINEERED FLOOR JOISTS, durable 30-YEAR ARCHITECTURAL SHINGLES, and top-tier exterior materials like HARDIE BOARD SIDING and ALUMINUM SOFFITS, you can enjoy peace of mind knowing this home is designed to minimize future maintenance—unlike many other townhome developments. Situated in the award-winning LAKE COMMUNITY OF MAHOGANY, this home offers unmatched access to Mahogany Lake, parks, schools, shopping, and some of Calgary’s most popular restaurants. The exterior makes a lasting impression with its ENGINEERED TRIM and modern curb appeal. Step inside to discover an open-concept main floor filled with natural light, thanks to BLACK VINYL WINDOWS, 9’ CEILINGS, and warm-toned LUXURY VINYL PLANK FLOORING throughout. At the heart of the home, the chef-inspired kitchen features elegant QUARTZ COUNTERTOPS, a WATERFALL ISLAND, FLAT PANEL MELAMINE CABINETRY with SOFT-CLOSE DOORS AND DRAWERS, and a premium SAMSUNG STAINLESS STEEL APPLIANCE PACKAGE—including a French door fridge and self-cleaning smooth-top range. The backsplash, finished in FULL CERAMIC TILE from COUNTERTOP TO UPPER CABINETS, adds a clean, high-end finish, while modern PENDANT LIGHTING and POT LIGHTS elevate the space with refined style. Upstairs, all three bedrooms are fitted with DREAM WEAVER SILVER LINING CARPET and plush 8 LB UNDERLAY, offering cozy comfort. The bathrooms carry through the upscale aesthetic, complete with more QUARTZ COUNTERTOPS, 24x12” LUXURY TILE FLOORING, and FULL HEIGHT TILE SURROUNDS in both the tub and shower. Additional standout features include AUTOMATED BLINDS, a BBQ GAS LINE on your private balcony, CENTRAL A/C, a HIGH-EFFICIENCY FURNACE, and a 50-GALLON ELECTRIC HOT WATER TANK—delivering comfort and energy savings year-round. Even the components behind the walls were built with care, including R42 ATTIC INSULATION and 30-YEAR SHINGLES for lasting protection. The home also includes an OVERSIZED DOUBLE ATTACHED GARAGE with a FULL DOUBLE DRIVEWAY—perfect for additional parking and storage. A bright FLEX ROOM on the lower level offers the ideal space for a home office, gym, or creative studio. If you’ve been searching for a low-maintenance, stylish, and well-constructed home in one of Calgary’s most vibrant and walkable lake communities, this townhome in Mahogany is one you don’t want to miss. More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email