Diane Richardson

Cell: 403-397-3706 |

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.

Contact Diane Richardson

Phone: 403.397.3706
Email: diane@mypadcalgary.com

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

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


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

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

Easy Online Contact Form

Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

Call Diane Directly

Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

Send an Email

Want to connect via email? Reach Diane directly at Diane@Mypadcalgary.com. She'll gladly provide additional information, answer your questions, and assist with your real estate journey.

Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Forgot password Extend Verify Contact

71 Masters Heights SE
Mahogany Calgary T3M 2M7

$600,000
Residential beds: 3 baths: 3.0 1,438 sq. ft. built: 2016

Main Photo: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 1: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 2: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 3: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 4: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 5: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 6: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 7: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 8: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 9: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 10: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 11: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 12: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 13: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 14: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 15: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 16: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 17: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 18: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 19: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 20: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 21: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 22: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 23: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 24: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 25: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 26: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 27: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 28: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 29: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Photo 30: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2262713
Bedrooms:
3
Bathrooms:
3
Year Built:
2016
Welcome home to this bright and inviting 3 bedroom, 2.5 bath home in the sought-after lake community of Mahogany — perfectly located just steps from the stunning wetlands and endless walking paths. Inside, you’ll love the open-concept main floor designed for modern family living. Large windows fill the space with natural light, creating a warm and welcoming feel throughout. The white kitchen is both stylish and functional, featuring stainless steel appliances (including a brand-new dishwasher), plenty of storage, and a spacious island — perfect for cooking, entertaining, or gathering with family. A versatile back mudroom/flex space makes an ideal workspace or drop zone for busy mornings. Step out onto your huge back deck overlooking a private yard with back lane access and room to build your oversized double garage. Upstairs, the primary suite offers a peaceful retreat with a large window, walk-in closet, and 4-piece ensuite. Two more generous bedrooms, a full bath, and convenient upstairs laundry with brand-new washer and dryer complete this level. The unfinished basement provides plenty of storage and endless potential for future living space — whether a home gym, extra bedroom, or rec room. With no neighbours behind, you’ll enjoy privacy while being just moments away from Mahogany’s incredible wetlands, walking and biking paths, schools, and lake amenities. Quick access to 52nd Street and 88th Street makes getting anywhere in the city easy. Start every morning with a walk through the wetlands — this is the Mahogany lifestyle you’ve been waiting for.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,438 sq. ft.
Main Level Finished Area:
719 sq. ft.
Upper Level Finished Area:
719 sq. ft.
HOA Fee Frequency:
Annually
Acreage:
No
Lot Area:
2,938 sq. ft.
Lot Frontage:
25'7"
Front Exposure:
South
Levels:
Two
Total Rooms Above Grade:
6
Year built:
2016 (Age: 9)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1611565
Heating:
Forced Air
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Stone
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Alley Access, Off Street
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$583.00
Mahogany
None
Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer Stacked, Window Coverings
n/a
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
12'2" × 10'4"
Main Floor
Living Room
13'8" × 11'11"
Main Floor
Dining Room
10'6" × 10'1"
Main Floor
Mud Room
6'7" × 5'9"
Upper Level
Bedroom - Primary
13'6" × 11'3"
Upper Level
Bedroom
10' × 8'11"
Upper Level
Bedroom
9'7" × 9'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'9" x 5'6"
Upper Level
Yes
4
7'2" x 7'11"
Upper Level
No
4
4'11" x 8'3"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Interior Features:
Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Landscaped, No Neighbours Behind, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Oct 10, 2025
  • Photo 1: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 1 of 30
  • Photo 2: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 2 of 30
  • Photo 3: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 3 of 30
  • Photo 4: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 4 of 30
  • Photo 5: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 5 of 30
  • Photo 6: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 6 of 30
  • Photo 7: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 7 of 30
  • Photo 8: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 8 of 30
  • Photo 9: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 9 of 30
  • Photo 10: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 10 of 30
  • Photo 11: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 11 of 30
  • Photo 12: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 12 of 30
  • Photo 13: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 13 of 30
  • Photo 14: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 14 of 30
  • Photo 15: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 15 of 30
  • Photo 16: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 16 of 30
  • Photo 17: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 17 of 30
  • Photo 18: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 18 of 30
  • Photo 19: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 19 of 30
  • Photo 20: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 20 of 30
  • Photo 21: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 21 of 30
  • Photo 22: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 22 of 30
  • Photo 23: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 23 of 30
  • Photo 24: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 24 of 30
  • Photo 25: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 25 of 30
  • Photo 26: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 26 of 30
  • Photo 27: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 27 of 30
  • Photo 28: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 28 of 30
  • Photo 29: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 29 of 30
  • Photo 30: 71 Masters Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2262713
    Photo 30 of 30

Virtual Tour

Listed by eXp Realty
Data was last updated October 21, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
132
Avg list price:
$667,394
Min list price:
$240,000
Max list price:
$3,500,000
Avg days on market:
39
Min days on market:
3
Max days on market:
277
Avg price per sq.ft.:
$419.54
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
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.