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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3 Canyon Drive NW
Collingwood Calgary T2L 0R2

$824,800
Residential beds: 4 baths: 3.0 1,014 sq. ft. built: 1958

Main Photo: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 1: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 2: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 3: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 4: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 5: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 6: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 7: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 8: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 9: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 10: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 11: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 12: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 13: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 14: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 15: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 16: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Photo 17: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2220331
Bedrooms:
4
Bathrooms:
3
Year Built:
1958
FULLY RENOVATED!! Everything in this property is BRAND NEW!! Located on the CORNER of a VERY QUIET STREET in the extremely sought after community of COLLINGWOOD, is this 4 BEDROOM + 3 FULL BATHROOM property has been completely remodelled from the interior to the exterior! This home has NEW PLUMBING, FLOORING, DOORS, 200amp ELECTRICAL, NEW KITCHEN, BATHROOMS, APPLIANCES, FURNACE, TANKLESS INSTANT HOT-WATER SYSTEM, and A NEW FULLY FINISHED BASEMENT! The exterior is also ALL NEW, including the ROOF, CONCRETE WALKWAYS, STUCCO EXTERIOR, and MAINTENANCE-FREE BACKYARD! The GARAGE is HEATED and INSULATED with UPGRADED ELECTRICAL, and an EV CHARGER.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,014 sq. ft.
Main Level Finished Area:
1,014 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,006 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,038 sq. ft.
Lot Frontage:
94'1½"
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:
Northwest
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
5
Year built:
1958 (Age: 67)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
7463HK
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
220 Volt Wiring, Single Garage Detached
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Collingwood
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
N/A
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Living Room
17'10" × 13'
Main Floor
Dining Room
8'11" × 6'4"
Main Floor
Kitchen
15'2" × 10'4"
Main Floor
Bedroom - Primary
11'5" × 10'6"
Main Floor
Bedroom
11'3" × 10'6"
Basement
Game Room
19'9" × 14'9"
Basement
Bedroom
13'6" × 11'9"
Basement
Bedroom
13' × 10'10"
Basement
Laundry
11'8" × 6'10"
Basement
Storage
6'11" × 5'5"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
8'1" x 8'1"
Main Floor
No
4
8'7" x 5'2"
Basement
No
4
6'5" x 8'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby
Interior Features:
Stone Counters
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, Corner Lot, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
May 13, 2025
Days on Mkt:
  • Photo 1: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 1 of 17
  • Photo 2: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 2 of 17
  • Photo 3: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
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  • Photo 4: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 4 of 17
  • Photo 5: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 5 of 17
  • Photo 6: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
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  • Photo 7: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 7 of 17
  • Photo 8: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Master Bathroom
  • Photo 9: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 9 of 17
  • Photo 10: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 10 of 17
  • Photo 11: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Main Floor Bath
  • Photo 12: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 12 of 17
  • Photo 13: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 13 of 17
  • Photo 14: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 14 of 17
  • Photo 15: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Basement Bathroom
  • Photo 16: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 16 of 17
  • Photo 17: 3 Canyon Drive NW in Calgary: Collingwood Detached for sale : MLS®# A2220331
    Photo 17 of 17
Listed by CIR Realty
Data was last updated May 21, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$825,000
Min list price:
$449,900
Max list price:
$2,500,000
Avg days on market:
24
Min days on market:
7
Max days on market:
62
Avg price per sq.ft.:
$737.96
These statistics are generated based on the current listing's property type and located in Collingwood. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706