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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104 174 Railway Street N
Heritage Okotoks Okotoks T1S 0E2

$235,000
Residential beds: 1 baths: 1.0 590 sq. ft. built: 2009

Main Photo: 104 174 Railway Street N: Okotoks Apartment for sale : MLS®# A2230793
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2230793
Bedrooms:
1
Bathrooms:
1
Year Built:
2009
This well situated ground-floor unit offers an excellent opportunity for both first-time buyers looking for a low-maintenance lifestyle and investors seeking reliable rental income. Located in the heart of downtown Okotoks, this property is perfectly positioned for walkable living, just steps from coffee shops, restaurants, shopping, and local amenities. Whether you're meeting friends for brunch, running errands, or simply enjoying a stroll through the historic streets, everything you need is right outside your door. Inside, the unit offers a functional layout that maximizes space and comfort, making it a practical choice for daily living or for attracting long-term tenants. With easy access to transit and major routes, commuting is simple while still enjoying the charm and pace of small-town living. Whether you're looking to get into the market or expand your portfolio, this property combines location, lifestyle, and long-term potential in one affordable package.
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:
590 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$411.98
Condo Fee Includes:
Heat, Insurance, Professional Management, Reserve Fund Contributions, 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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
3
Year built:
2009 (Age: 16)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0910178
Heating:
Baseboard
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Heritage Okotoks
None
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Bedroom
10'9" × 9'4"
Main Floor
Kitchen
10'11" × 9'8"
Main Floor
Living Room
14'3" × 13'3"
Main Floor
Laundry
3'6" × 2'5"
Main Floor
Pantry
5'2" × 0'10"
Main Floor
Storage
4'7" × 3'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'10" x 9'3"
Title to Land:
Fee Simple
Community Features:
Golf, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Closet Organizers, Kitchen Island, Laminate Counters, No Smoking Home
Exterior Features:
Private Entrance
Patio And Porch Features:
Patio
Num. of Parcels:
0
Region:
Foothills County
Zoning:
NC
Listed Date:
Jun 13, 2025
Days on Mkt:
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Listed by The Real Estate District
Data was last updated June 20, 2025 at 12:05 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:
289
Avg price per sq.ft.:
$394.43
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