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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303 29 N Railway Street
Heritage Okotoks Okotoks T1S 1J3

$307,500
Residential beds: 2 baths: 2.0 1,128 sq. ft. built: 2005

Your penthouse apartment
Photo 1: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 2: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 3: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 4: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 5: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 6: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 7: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 8: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 9: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 10: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 11: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 12: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 13: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 14: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 15: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 16: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 17: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 18: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 19: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 20: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 21: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 22: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 23: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 24: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 25: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 26: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 27: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 28: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 29: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 30: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 31: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 32: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 33: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 34: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Photo 35: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2219405
Bedrooms:
2
Bathrooms:
2
Year Built:
2005
Welcome to Unit #303—a bright and breezy 2-bedroom, 2-bathroom top-floor apartment offering 1,128 sq ft of easy living, right in the heart of downtown Okotoks. This place checks all the boxes: park across the street, river just a short stroll away, and no noisy upstairs neighbours (because you're on the top floor...nice!). Step inside and you'll find an open-concept layout with great natural light and a generously sized private balcony, perfect for relaxing with your morning coffee or pretending to be a plant parent. The kitchen is practical, spacious, and open to the main living area, so you can cook and socialize without missing a beat. The primary bedroom includes a full en-suite and enough closet space for your wardrobe and then some. The second bedroom is ideal for guests, a home office, or your growing collection of “someday” hobbies. Located directly across from a lovely park and just a few minutes’ walk to the river pathways, you’ll love the peaceful, walkable lifestyle—plus, you're surrounded by shops, coffeeshop's, nightlife(well it's Okotoks but let's pretend), and small-town charm. Whether you're downsizing, buying your first home, or simply tired of shovelling snow, this condo offers comfort, convenience, and a location that’s hard to beat. Snag your spot in one of Okotoks’ best-kept secrets!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
1,128 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$633.90
Condo Fee Includes:
Common Area Maintenance, Insurance, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Top
Entry Level:
3
Stories Total:
3
Levels:
Single Level Unit
End Unit:
1 Common Wall, End Unit, No One Above
Total Rooms Above Grade:
6
Year built:
2005 (Age: 20)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0510029
Heating:
Fireplace(s), Forced Air, Natural Gas
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Paid For
Garage:
0
Parking:
Assigned, Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Laundry Room
Condo Fee Frequency:
Monthly
Z-name Not Listed
Heritage Okotoks
Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Tv Mounts, All window coverings
Pet Restrictions or Board approval Required, Pets Allowed
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
12'4" × 10'
Main Floor
Bedroom - Primary
12'3" × 12'
Main Floor
Dining Room
17'11" × 7'8"
Main Floor
Foyer
10'11" × 9'4"
Main Floor
Kitchen
12'4" × 8'2"
Main Floor
Laundry
12'1" × 5'
Main Floor
Living Room
17'1" × 14'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8' x 4'11"
Main Floor
Yes
4
4'11" x 9'11"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Built-in Features, Ceiling Fan(s), Kitchen Island
Exterior Features:
Balcony
Patio And Porch Features:
None
Num. of Parcels:
0
Fencing:
None
Region:
Foothills County
Zoning:
D
Listed Date:
May 10, 2025
Days on Mkt:
  • Photo 1: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your penthouse apartment
  • Photo 2: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your balcony
  • Photo 3: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Downtown Living
  • Photo 4: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Welcome in to your new apartment
  • Photo 5: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Spacious kitchen with island that offers breakfast nook as well
  • Photo 6: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Dining room just off the kitchen-Tons of Natural light in the mornings
  • Photo 7: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Nice white kitchen with SS appliances
  • Photo 8: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Heck, I'd even like to dishes here...
  • Photo 9: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Dining area just off the living room
  • Photo 10: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    You can order your food from your spouse from the couch even
  • Photo 11: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Common area
  • Photo 12: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Large living room with gas fireplace to set the mood
  • Photo 13: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Picture your pool table or shuffle board here...I know I can
  • Photo 14: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your living room with a view...Downtown Okotoks awaits you
  • Photo 15: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    TV area above the fireplace is ready for you...or enjoy the peace and quiet.
  • Photo 16: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Honey...is my dinner ready?
  • Photo 17: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your main living spaces...all in one gorgeous shot
  • Photo 18: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    We give you all the angles to fall in love with.
  • Photo 19: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your primary bedroom with walk-in closet & 4pc ensuite
  • Photo 20: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your primary bedroom & closet along with the back exit...just incase...
  • Photo 21: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    4pc ensuite bathroom
  • Photo 22: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your 2nd spacious bedroom
  • Photo 23: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    2nd bedroom showing large closet
  • Photo 24: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    4pc Main Bathroom
  • Photo 25: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    In-suite laundry found in your mechanical room
  • Photo 26: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your rear door to your parking stall #303
  • Photo 27: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Your massive front balcony...
  • Photo 28: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    A park across the street along with our favourite coffee shop
  • Photo 29: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Photo 29 of 35
  • Photo 30: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Honey, what are the kids doing? They're at the park and I'm watching them
  • Photo 31: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Photo 31 of 35
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    Photo 32 of 35
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    Photo 33 of 35
  • Photo 34: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Photo 34 of 35
  • Photo 35: 303 29 N Railway Street: Okotoks Apartment for sale : MLS®# A2219405
    Photo 35 of 35

Virtual Tour

Virtual Tour

Listed by CIR Realty
Data was last updated June 20, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
133
Avg list price:
$675,000
Min list price:
$159,900
Max list price:
$2,485,000
Avg days on market:
28
Min days on market:
1
Max days on market:
290
Avg price per sq.ft.:
$392.83
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA