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.

CRANSTON HOMES FOR SALE FROM UNDER $300,000

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  • 318 200 Cranfield Common SE in Calgary: Cranston Apartment for sale : MLS®# A2230659

    318 200 Cranfield Common SE Cranston Calgary T3M 1S2
    Main Photo: 318 200 Cranfield Common SE in Calgary: Cranston Apartment for sale : MLS®# A2230659
    $260,000
    Residential
    Status:
    Active
    MLS® Num:
    A2230659
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    608 sq. ft.
    Discover the perfect blend of comfort and community living in this fantastic 1-bedroom, top-floor condo in Cranston. Constructed in 2017, with over 600 sqft of space, this unit presents a brilliant opportunity, whether you're stepping into homeownership or expanding your investment portfolio. The interior offers a thoughtfully designed space, boasting stone countertops, stainless steel appliances, and a large pantry in the kitchen. As a top-floor unit, you'll also appreciate a nice view and a quieter atmosphere. This secure building is exceptionally well-maintained, featuring a new elevator and an array of resident-focused amenities. Enjoy convenient bike storage, your own designated parking stall, and an underground storage cage for extra belongings. Families will particularly value the communal playground. One of the most compelling advantages is the all-inclusive low condo fees, covering both heat and water. This makes for exceptionally predictable and affordable monthly expenses, highlighting the exceptional value of this property in this desirable Calgary community. More details
    Listed by eXp Realty
  • 113 200 Cranfield Common SE in Calgary: Cranston Apartment for sale : MLS®# A2231422

    113 200 Cranfield Common SE Cranston Calgary T3M 1S2
    Main Photo: 113 200 Cranfield Common SE in Calgary: Cranston Apartment for sale : MLS®# A2231422
    $259,900
    Residential
    Status:
    Active
    MLS® Num:
    A2231422
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    612 sq. ft.
    Bright and beautifully maintained ground-floor suite with sunny south exposure and views of the park. This 1-bedroom/1 bathroom condo offers a functional open layout with 9-foot ceilings, modern finishes, and large windows that fill the space with natural light throughout the day. Step into a spacious foyer that leads into a sleek kitchen complete with stainless steel appliances, modern cabinetry, and a large island perfect for prepping or casual dining. The open-concept living room easily accommodates a dining table or work-from-home setup, and features three expansive south-facing windows with serene park views. From here, step through the new screen door to enjoy your private, sun-drenched balcony, ideal for relaxing mornings or quiet evenings. The bright and airy bedroom includes two large windows, a walk-through closet, and direct access to the full 4-piece bathroom. Additional features include in-suite laundry, extra storage closets, an assigned parking stall, and a designated storage locker for added convenience. This pet-friendly, well-cared-for building is perfectly located next to green space and a playground, and just minutes from schools, transit, shopping, restaurants, an off-leash dog park, and the incredible amenities of Seton, including South Health Campus and the largest YMCA in Canada. With easy access to both Deerfoot and Stoney Trail, commuting anywhere in the city is simple. Don’t miss this opportunity to own a sun-filled, move-in-ready home in a fantastic location. Schedule your private tour today! More details
    Listed by 2% Realty
  • 311 200 Cranfield Common SE in Calgary: Cranston Apartment for sale : MLS®# A2214239

    311 200 Cranfield Common SE Cranston Calgary T3M 1S2
    Main Photo: 311 200 Cranfield Common SE in Calgary: Cranston Apartment for sale : MLS®# A2214239
    $254,900
    Residential
    Status:
    Active
    MLS® Num:
    A2214239
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    612 sq. ft.
    Pride of ownership! Welcome home to this bright, top-floor, south-facing suite, perfectly positioned to enjoy all-day natural light and scenic views. Whether you're a first-time buyer, downsizer, or investor, this home is the perfect blend of style, comfort, and convenience. This 1-bedroom unit offers an open floor plan with soaring 9-foot ceilings and modern finishes throughout. Step inside to a generous foyer that leads into a contemporary kitchen featuring granite countertops, modern cabinetry, stainless steel appliances, and a breakfast bar- ideal for casual dining or entertaining. The spacious living room offers flexibility for a dining area or home office setup, featuring three large south-facing windows that overlook the park. Step through the new screen door to access your private, sun-filled balcony, perfect for morning coffee or evening relaxation. The bedroom is filled with natural light from two large windows and boasts a walk-through closet, as well as convenient access to the full bathroom. Bonus features include an in-suite laundry, extra storage closets, a window air conditioner, a TV mount, and a new screen door, all of which will stay with the property. The suite comes with an assigned stall and a designated storage unit for extra convenience. This well-maintained building is ideally situated next to parks and green space with a playground. It is conveniently located near schools, shopping, transit, the off-leash dog park, restaurants, and popular facilities of Seton, including the regional hospital and the largest YMCA. Quick access to Deerfoot and Stoney Trail makes commuting in any direction a breeze. Don’t miss your chance to make this lovely home your own. Book your private viewing today! More details
    Listed by CIR Realty
  • 243 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2219846

    243 Cranbrook Square SE Cranston Calgary T3M 3K8
    Main Photo: 243 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2219846
    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2219846
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    520 sq. ft.
    Nestled in one of Calgary’s most picturesque communities, this beautifully designed townhouse offers a peaceful retreat without compromising on access to urban conveniences. With ultra-low condo fees of just $88.35/month, this is a rare opportunity to own a cozy and stylish home in the highly sought-after Riverstone area of Cranston. Just steps from the Bow River, scenic walking paths, and expansive green space, this home truly embraces the best of outdoor living while keeping you close to everyday essentials. Inside, you'll find a bright and spacious open-concept layout that's perfect for both relaxing and entertaining. The modern kitchen is equipped with stainless steel appliances, quartz countertops, and elegant cabinetry that combines style with functionality. The spacious primary bedroom features dual closets, offering plenty of storage for your needs. Additional highlights include in-suite laundry, a private patio for relaxing outdoors, and your own parking stall conveniently located right in front of the unit. This property is below street grade. Whether you're a first-time home buyer, investor, couple, or small family, this charming home checks all the boxes. Come and make this inviting space your happy place to call home. More details
    Listed by Real Broker
  • 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597

    109 Cranbrook Square SE Cranston Calgary T3M 3E3
    Main Photo: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
    $245,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216597
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    512 sq. ft.
    PRICED TO SELL!!! 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. More details
    Listed by CIR Realty
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Data was last updated June 21, 2025 at 10:05 PM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA