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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NEXT Open House details
Jun 08, 2025 02:00 PM - 04:30 PM MDT

109 Cranbrook Square SE
Cranston Calgary T3M 3E3

$254,500
Residential beds: 1 baths: 1.0 512 sq. ft. built: 2019

Main Photo: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 1: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 2: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 3: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 4: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 5: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 6: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 7: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 8: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 9: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Photo 10: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
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Photo 12: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
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Photo 33: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
Open House - Jun 08, 2025
02:00 PM - 04:30 PM MDT
NOTES: Open House on Sunday, June 8, 2025 2:00PM - 4:30PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2216597
Bedrooms:
1
Bathrooms:
1
Year Built:
2019
** Open HS Sunday June 07, 2-4:30** VALUE PRICED!!! Stylish Living in Riverstone – Where Nature Meets Convenience Located in the sought-after Riverstone community of Cranston, this beautifully appointed home blends modern design with the peace and beauty of natural surroundings. Just steps from the Bow River, scenic trails, and expansive green spaces, you’ll enjoy a serene lifestyle without sacrificing access to everyday amenities. Inside, the home features a contemporary open-concept layout with upscale finishes throughout. The kitchen is a standout, boasting stainless steel appliances, quartz countertops, and a timeless subway tile backsplash. The spacious living area is perfect for relaxing or entertaining, seamlessly connecting to the rest of the home. The generously sized primary bedroom easily fits a large bedroom set up and offers dual closets for ample storage. Additional features include a full 4-piece bathroom, in-suite laundry, and a utility room for even more storage space. Additionally there is a fenced patio just outside your door. You’ll love the convenience of your own dedicated parking stall right outside the unit, and the complex is pet-friendly (with board approval). And don't forget the low low condo fee of $111.41 per month. This property is below street grade. Whether you're enjoying a riverside stroll or heading to nearby shops, and restaurants, this home offers the ideal combination of natural beauty and urban convenience.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Townhouse-Stacked
Total Living Area:
512.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$111.41
Condo Fee Includes:
Common Area Maintenance, Insurance, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Frequency:
Annually
HOA Fee Includes:
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Below Grade
Entry Level:
1
Levels:
One
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
2019 (Age: 6)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1912368
Heating:
Forced Air
Basement:
None
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
HOA Fee:
$493.00
Condo Fee Frequency:
Monthly
Zen in Cranston
Cranston
Park, Parking, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions, Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Entrance
4'11" × 3'7"
Main Floor
Living Room
132' × 9'10"
Main Floor
Kitchen With Eating Area
9' × 8'1"
Main Floor
Bedroom - Primary
11'3" × 9'10"
Main Floor
Laundry
3'5" × 3'3"
Basement
Furnace/Utility Room
7'1" × 1'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Interior Features:
Closet Organizers, Quartz Counters
Exterior Features:
None
Patio And Porch Features:
Patio
Lot Features:
See Remarks
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-1
Listed Date:
May 05, 2025
Days on Mkt:
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Listed by CIR Realty
Data was last updated June 3, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$667,450
Min list price:
$254,500
Max list price:
$1,936,000
Avg days on market:
26
Min days on market:
1
Max days on market:
138
Avg price per sq.ft.:
$411.11
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706