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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24 Greenwich Heath NW
Greenwood/Greenbriar Calgary T3B 6P4

$1,400,000
Residential beds: 3 baths: 4.0 3,002 sq. ft. built: 2024

Main Photo: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 1: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 2: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 3: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 4: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 5: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 6: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 7: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 8: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 9: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 10: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 11: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 12: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 13: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 14: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 15: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 16: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 17: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 18: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 19: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 20: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 21: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 22: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 23: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 24: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 25: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 26: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 27: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 28: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 29: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 30: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Photo 31: 24 Greenwich Heath NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2231165
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2231165
Bedrooms:
3
Bathrooms:
4
Year Built:
2024
Welcome to 24 Greenwich Heath NW, where classic brownstone charm meets modern Calgary living—without compromise and without condo fees. Fronting onto the canal, this brand-new luxury townhome offers a front-row seat to nature’s gentle rhythm year-round. Whether it's the shimmer of morning light on the water or the quiet hush of a snowfall, the setting is as serene as it is stunning. From the outside, the architecture speaks of timeless elegance, traditional brownstone style, with a stately grand foyer to welcome you home. Inside, a contemporary world awaits, where every detail is designed to reflect your unique taste. With award-winning architect Michelle Vant Erve guiding the process, you’ll have the rare opportunity to personalize every inch of your interior. Build your dream without starting from scratch with completion in just 6 to 8 months - your new home is closer than you think. Thoughtfully designed for today’s needs and tomorrow’s possibilities, the floor plan includes a grand front entry and a versatile main-floor flex space—ideal for a home office, gym, or even a private bedroom for multi-generational living. Thanks to the personal elevator that connects every level, it’s easy to age in place or accommodate loved ones of all ages with comfort and ease. The open-concept living offers a bright, airy feel with triple-pane windows, a cozy gas fireplace, and a spacious dining area that flows seamlessly onto a private deck—perfect for summer evenings or morning coffee. The kitchen is equipped with premium appliances and high-end finishes that come standard in every home. Comfort is key, with air conditioning throughout and heated floors in the luxurious primary ensuite. Choose between a three-bedroom, 3.5-bath layout or an optional dual primary plan. And for the grand finale, a bonus loft space with a built-in wet bar and access to your rooftop patio, complete with a hot tub rough-in. The ultimate space for entertaining or unwinding. The heated double garage, finished with epoxy floors, offers both convenience and curb appeal, rounding out this truly exceptional residence. Beyond your doorstep, Greenwich offers a rare balance of urban accessibility and natural beauty. You’re just 15 minutes from downtown Calgary and 45 minutes from the Rocky Mountains and Kananaskis Country. Stroll the pathway that leads directly to Bowness Park, or explore nearby shops, restaurants, the Calgary Farmers’ Market, and a range of recreation facilities just minutes away. With walking trails, sports courts, playgrounds, and more, this vibrant community is only getting better. This is a home where luxury meets low-maintenance. Where you can lock and leave with peace of mind, age in place with convenience, and enjoy comfort, style, and ease—every single day.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Townhouse
Total Living Area:
3,002.4 sq. ft.
Main Level Finished Area:
932.45 sq. ft.
Upper Level Finished Area:
1,319.55 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
750.4 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1,969 sq. ft.
Lot Frontage:
20'4"
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:
Unit Exposure:
East, West
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
2024 (Age: 1)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2410444
Heating:
Boiler, In Floor, Forced Air
Basement:
None
Foundation:
Poured Concrete
Builder:
Partners Development Group
New Constr.:
Yes
Construction Material:
Brick, Cement Fiber Board
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Electric, Living Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Garage Faces Rear, Heated Garage, Insulated, Oversized
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Sink, Upper Level
Greenwood/Greenbriar
Bar Fridge, Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Electric Cooktop, Garage Control(s), Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
N/A
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Dining Room
18'3" × 15'
Main Floor
Kitchen
16'10" × 14'1"
Main Floor
Living Room
18'11" × 13'9"
2nd Floor
Bedroom
9'8" × 9'2"
2nd Floor
Bedroom
13'5" × 9'4"
2nd Floor
Laundry
9'4" × 5'10"
2nd Floor
Bedroom - Primary
17'10" × 10'
2nd Floor
Walk-In Closet
9'4" × 6'10"
3rd Floor
Game Room
16'10" × 14'10"
Lower Level
Foyer
8'8" × 8'6"
Lower Level
Den
12'3" × 9'8"
Lower Level
Furnace/Utility Room
9'6" × 6'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'4" x 5'1"
2nd Floor
No
4
4'11" x 9'4"
2nd Floor
Yes
5
4'11" x 8'7"
Lower Level
No
3
5' x 9'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bar, Breakfast Bar, Built-in Features, Closet Organizers, Double Vanity, Elevator, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Soaking Tub, Storage, Tankless Hot Water, Vinyl Windows, Walk-In Closet(s), Wet Bar
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
Deck, Patio, Rooftop Patio
Lot Features:
Back Lane, Landscaped, Low Maintenance Landscape, See Remarks, Street Lighting, Views, Waterfront
Waterfront Features:
Canal Front
Accessibility Features:
Accessible Elevator Installed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
DC
Listed Date:
Jun 17, 2025
Days on Mkt:
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3D Tour

Listed by Century 21 Masters
Data was last updated June 22, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$677,450
Min list price:
$429,900
Max list price:
$1,400,000
Avg days on market:
44
Min days on market:
3
Max days on market:
120
Avg price per sq.ft.:
$483.95
These statistics are generated based on the current listing's property type and located in Greenwood/Greenbriar. 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