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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113 Thorson Crescent
Tower Hill Okotoks T1S 1C8

$540,000
Residential beds: 3 baths: 2.0 1,073 sq. ft. built: 1980

Main Photo: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 1: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 2: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 3: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 4: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 5: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 6: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 7: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 8: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 9: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 10: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
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Photo 12: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 13: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
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Photo 22: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 23: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 24: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 25: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 26: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 27: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 28: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 29: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 30: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 31: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 32: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 33: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Photo 34: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2223723
Bedrooms:
3
Bathrooms:
2
Year Built:
1980
Open House next Sunday June 8th from 2:00-4:00pm! Join us at this incredible opportunity to own this beautiful well taken care of and well loved home. This home sits on a HUGE lot! Perfect for garden lovers and those seeking a spacious backyard oasis for their family and friends. Enjoy a spacious floorpan with an open kitchen that includes stainless steel appliances and lots of natural light. Total of 3 bedrooms with an additional large 4th room and comfortable basement downstairs. Gorgeous New Washer and Dryer, Beautifully Updated Bathrooms, Newer Flooring, Newer Roof less than 10 years old and a new hot water tank installed in 2023. Lots of additional Storage Space in the basement for all your needs. The large front porch is enclosed and fenced ready for your sunny outdoor enjoyment this summer. This property also includes a shed perfect for a workshop. Book your showing today or come and visit us and see it for yourself at our open house this weekend! In great condition and a must see.
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:
1,073 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,628 sq. ft.
Lot Frontage:
19'11"
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:
Levels:
One
Total Rooms Above Grade:
7
Year built:
1980 (Age: 45)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7910629
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt
Ensuite:
No
Flooring:
Carpet, Laminate, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Tower Hill
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
n/a
None Known
Floor
Type
Size
Other
Main Floor
Living Room
18'7" × 12'
Main Floor
Kitchen
11'7" × 8'7"
Main Floor
Dining Room
10'2" × 7'8"
Main Floor
Porch - Enclosed
15'8" × 9'7"
Main Floor
Foyer
8'7" × 5'8"
Main Floor
Bedroom - Primary
12'11" × 10'3"
Main Floor
Bedroom
13'2" × 10'11"
Main Floor
Workshop
11'8" × 11'8"
Basement
Furnace/Utility Room
10'11" × 10'7"
Basement
Bedroom
10'8" × 9'5"
Basement
Family Room
16'11" × 15'
Basement
Laundry
10'8" × 9'1"
Basement
Walk-In Closet
5' × 4'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'6" x 9'11"
Main Floor
No
4
4'11" x 7'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Laminate Counters, No Smoking Home, Separate Entrance, Storage, Vinyl Windows
Exterior Features:
Other, Private Entrance
Patio And Porch Features:
Front Porch
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
R1
Listed Date:
May 22, 2025
Days on Mkt:
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    Living Room Space
  • Photo 10: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Bedroom 1 with Ensuite
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    Bedroom 1 with Ensuite
  • Photo 12: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Ensuite Bathroom
  • Photo 13: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Ensuite Bathroom
  • Photo 14: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Bedroom 2
  • Photo 15: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Bathroom 2
  • Photo 16: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Basement Space
  • Photo 17: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Basement Space
  • Photo 18: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Basement Bedroom
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    Basement Bedroom 3
  • Photo 20: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Basement Room Walk In Closet
  • Photo 21: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Basement Room 4
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  • Photo 31: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Storage/Shed/Workshop
  • Photo 32: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Storage/Shed/Workshop
  • Photo 33: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Basement Extra Storage Room
  • Photo 34: 113 Thorson Crescent: Okotoks Detached for sale : MLS®# A2223723
    Gorgeous New Washer and Dryer!
Listed by Royal LePage Solutions
Data was last updated June 18, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
130
Avg list price:
$687,450
Min list price:
$159,900
Max list price:
$2,485,000
Avg days on market:
27
Min days on market:
0
Max days on market:
288
Avg price per sq.ft.:
$393.53
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