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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108 Cranbrook Gardens SE
Cranston Calgary T3M 3C3

$979,900
Residential beds: 2 baths: 3.0 1,370 sq. ft. built: 2020

Main Photo: 108 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2218391
Photo 1: 108 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2218391
Photo 2: 108 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2218391
Photo 3: 108 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2218391
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Photo 5: 108 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2218391
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Photo 47: 108 Cranbrook Gardens SE in Calgary: Cranston Detached for sale : MLS®# A2218391
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2218391
Bedrooms:
2
Bathrooms:
3
Year Built:
2020
An immaculate walkout bungalow that backs onto a pond in the heart of Riverstone! This original-owner home has been meticulously cared for and is the perfect property for those looking to downsize or for a small family. Offering nearly 2,500 square feet of developed living space, this beautiful move-in ready home features a home office, 2 living areas, 2 bedrooms, 2.5 bathrooms and plenty of storage space. The bright and open main living space has soaring 10' ceilings, 8' doors, and warm flooring throughout. The timeless white kitchen is central to the main living space and beautifully finished with herringbone beveled backsplash, quartz countertops, a neutral grey accent island and a suite of stainless steel appliances including built-in chimney hood fan, built-in microwave and a gas range. The walk-through pantry off of the mud room and built-in appliance storage add to the everyday convenience of living in this stunning home. A large central dining space spanning ~12'x12' has ample space for a large table in addition to the entertainment seating at the peninsula. The main living area has a wall of patio doors overlooking the backyard and pond, creating a tranquil living space all year round. The rear balcony spans the width of the home and is the perfect place to soak up the sun with views all summer long. The expansive primary suite overlooks the pond and has a private ensuite with dual sinks, a fully tiled walk-in shower and a walk-in closet. A large office on the main level is the perfect den space / reading room and could be used as a guest bedroom if desired. Built-in storage with floating shelves, a 2 pc bathroom and full laundry room complete the main level, providing single level living without compromise. Maple and iron spindle railing lead to the fully developed walkout basement that has 9' ceilings and 8' doors, completing the large and spacious feel throughout this property. The expansive rec room has ample space for a TV room, home gym and games area in addition to the second bedroom, another full bathroom with tub & shower, and storage spaces. Patio doors off of the walkout basement lead to the fully covered patio overlooking the backyard and pond. The patio is the perfect space for shaded outdoor living and is the ideal space for a hot tub with views. The 136' deep lot has been professionally landscaped and offers a comfortable amount of outdoor living space that isn't too much to maintain. Completing this home is a double attached garage to keep your vehicle and valuables safe all year + central A/C to keep you cool all summer long. Finding a detached bungalow in Riverstone is difficult, finding one this immaculate and for this price is unheard of - don't wait!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,370.35 sq. ft.
Main Level Finished Area:
1,370.35 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,357.84 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
3,993 sq. ft.
Lot Frontage:
29'4"
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:
West
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
6
Year built:
2020 (Age: 5)
Bedrooms:
2 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1910107
Heating:
Forced Air, Natural Gas
Basement:
Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Stone, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway, Garage Faces Front
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Main Level
HOA Fee:
$517.65
Cranston
Other
Central Air Conditioner, Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener, Window Coverings
Hot Tub
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
11'9" × 11'7"
Main Floor
Bedroom - Primary
13'6" × 11'
Main Floor
Dining Room
12'7" × 11'9"
Main Floor
Kitchen
15'6" × 14'7"
Main Floor
Office
13' × 8'10"
Main Floor
Laundry
9'3" × 5'2"
Main Floor
Foyer
7'10" × 7'7"
Basement
Bedroom
14'6" × 9'6"
Basement
Game Room
37'7" × 21'4"
Basement
Furnace/Utility Room
16'4" × 11'5"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
12'3" x 6'6"
Main Floor
No
2
8'7" x 6'2"
Basement
No
4
8'10" x 5'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Built-in Features, Double Vanity, High Ceilings, Kitchen Island, Pantry, Quartz Counters, Skylight(s), Storage, Walk-In Closet(s)
Exterior Features:
Fire Pit, Private Yard, Storage
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Yard, Backs on to Park/Green Space, Landscaped, Low Maintenance Landscape, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
May 08, 2025
Days on Mkt:
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Listed by Charles
Data was last updated June 21, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
123
Avg list price:
$629,900
Min list price:
$239,900
Max list price:
$1,936,000
Avg days on market:
22
Min days on market:
1
Max days on market:
109
Avg price per sq.ft.:
$402.99
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 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA