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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206 10 Cascade Ridge
Three Sisters Canmore T1W 0K6

$776,895
Residential beds: 2 baths: 2.0 917 sq. ft. built: 2026

Main Photo: 206 10 Cascade Ridge: Canmore Apartment for sale : MLS®# A2185903
Photo 1: 206 10 Cascade Ridge: Canmore Apartment for sale : MLS®# A2185903
Photo 2: 206 10 Cascade Ridge: Canmore Apartment for sale : MLS®# A2185903
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Photo 24: 206 10 Cascade Ridge: Canmore Apartment for sale : MLS®# A2185903
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2185903
Bedrooms:
2
Bathrooms:
2
Year Built:
2026
Welcome to unit 206 in the first building at Altitude in Three Sisters by Logel Homes— The Jackson 3 floorplan, a beautifully crafted residential use (no short term rentals) condo designed for those seeking seamless single-level living with Canmore’s mountain lifestyle at their doorstep. This home offers an open-concept interior, ideal for relaxing and entertaining against a stunning mountain backdrop. Thoughtfully designed for comfort and style, this unit features in-floor heating, elegant tile and LVP flooring, 41" upper cabinetry, and a Samsung appliance package. Complete with oversized single underground parking and a secure storage locker, convenience is unmatched. The $550 monthly condo fee includes essential services like heat, water, snow removal, and more, ensuring a hassle-free experience. Built by award-winning Logel Homes who have a decades long pedigree of successful developments in Canmore and located in Three Sisters, next to the upcoming Gateway community hub with shops and grocery options, Altitude combines luxury with everyday practicality. Experience the elevated Canmore lifestyle with this exceptional home, ready to enjoy upon its Summer 2026 completion. Why buy with Logel Homes? Acknowledged as Calgary's most award-winning multi-family builder, Logel Homes is built on a legacy of innovation, quality, and a passion for exceptional customer experience. Across 5000+ homes, 75+ buildings, and 25 years, Logel Homes's passion for homebuilding has resulted in the team being named the 4x consecutive Large Volume Multi-Family Builder of the Year, 9x Best Customer Experience & 2023's Builder of Choice, a 5-Star Google Rating (230+ reviews), and Canada's Best Managed Platinum winner, Logel Homes set the the standard for multi-family living.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
917 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$550.00
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Professional Management, 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:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Ground
Entry Level:
2
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2026 (Age: -)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2410460
Heating:
In Floor
Builder:
Logel Homes
New Constr.:
Yes
Construction Material:
Mixed
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
Sep. HVAC Units
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
Three Sisters
Parking, Visitor Parking
Dishwasher, Microwave, Oven, Range, Refrigerator, Washer/Dryer
N/A
Short Term Rentals Not Allowed
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
13'3" × 11'5"
Main Floor
Kitchen
15'2" × 8'5"
Main Floor
Dining Room
6'4" × 5'8"
Main Floor
Bedroom - Primary
12'10" × 11'5"
Main Floor
Bedroom
9'11" × 8'1"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Bighorn No. 8, M.D. of
Zoning:
R3-SC1
Listed Date:
Jan 13, 2025
Days on Mkt:
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Virtual Tour

Listed by Sotheby's International Realty Canada
Data was last updated July 5, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$1,175,000
Min list price:
$39,995
Max list price:
$8,717,800
Avg days on market:
52
Min days on market:
1
Max days on market:
324
Avg price per sq.ft.:
$844.74
These statistics are generated based on the current listing's property type and located in Canmore. 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