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.

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41 River Heights Drive
River Heights Cochrane T4C 0Y1

$520,000
Residential beds: 3 baths: 3.0 1,446 sq. ft. built: 2022

Main Photo: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 1: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 2: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 3: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 4: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 5: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 6: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 7: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 8: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 9: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 10: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 11: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 12: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 13: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 14: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 15: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 16: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 17: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 18: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 19: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 20: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 21: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 22: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 23: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Photo 24: 41 River Heights Drive: Cochrane Semi Detached (Half Duplex) for sale : MLS®# A2217115
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2217115
Bedrooms:
3
Bathrooms:
3
Year Built:
2022
3 BED / 3 BATH / NEXT TO NEW CONDITION / NO CONDO FEE / Welcome to 41 River Heights Drive! Nestled in the family centric community of River Heights with quick access to the #22 highway, Calgary, and the Mountains this property is perfect for first time buyers and investors looking to expand their portfolio. The open concept mainfloor boasts Stainless Steel Appliances, Immaculate white cabinetry and matching Quartz Countertops! The main floor has ample windows and luxury vinyl planking throughout. Heading upstairs this functional layout has the all important master suite with a private 3 piece bath and larger master bedroom. There are 2 more bedrooms, a 4 piece bath and conveniently located upstairs laundry. The basement is undeveloped and prepped with a private side entrance for future completion and added revenue potential. The backyard benefits from sunny south exposure and the rear deck is the perfect place to relax and enjoy those long summer days. There is ample parking in the rear and large paved rear for all sizes of vehicles with loads of space for a future double garage. Unlock the potential by developing the basement and enjoy the Cochrane lifestyle in this premier family community! Book your showing today!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Attached-Side by Side
Total Living Area:
1,446.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
2,691 sq. ft.
Lot Frontage:
24'10"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
North
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2022 (Age: 3)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1912283
Heating:
Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Vinyl Siding, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
0
Parking:
Off Street, Parking Pad, Stall
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
River Heights
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
none
None Known
Floor
Type
Size
Other
Main Floor
Entrance
6' × 5'1"
Main Floor
Living Room
13'2" × 11'9"
Main Floor
Kitchen
14'7" × 12'6"
Main Floor
Pantry
5'4" × 2'
Main Floor
Dining Room
12'7" × 8'6"
Main Floor
Entrance
4'6" × 3'11"
Main Floor
Entrance
6'2" × 3'4"
Upper Level
Bedroom
10'4" × 9'5"
Upper Level
Bedroom
9'8" × 9'4"
Upper Level
Laundry
4'4" × 3'4"
Upper Level
Bedroom - Primary
13'1" × 11'10"
Upper Level
Walk-In Closet
4'8" × 4'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'9"
Upper Level
No
4
4'11" x 8'6"
Upper Level
Yes
3
4'11" x 9'4"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Stone Counters, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Rocky View County
Zoning:
(R-MX)
Listed Date:
May 03, 2025
Days on Mkt:
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Listed by 2% Realty
Data was last updated May 23, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
284
Avg list price:
$664,950
Min list price:
$229,900
Max list price:
$1,585,000
Avg days on market:
26
Min days on market:
1
Max days on market:
303
Avg price per sq.ft.:
$368.13
These statistics are generated based on the current listing's property type and located in Cochrane. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706