The paper reports on the features of low-temperature superplasticity of the heat-treatable aluminum Al-Mg-Si alloy in the ultrafine-grained state at temperatures below 0.5 times the melting point as well as on its post-deformation microstructure and tensile strength. We show that the refined microstructure is retained after superplastic deformation in the range of deformation temperatures of 120–180 °C and strain rates of 5 × 10^–3 s^–1–10^–4 s^–1. In the absence of noticeable grain growth, the ultrafine-grained alloy maintains the strength up to 380 MPa after SP deformation, which considerably exceeds the value (250 MPa) for the alloy in the peak-aged coarse-grain state. This finding opens pathways to form high-strength articles of Al-Mg-Si alloys after superplastic forming.