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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32 200 Glacier Drive
Cougar Creek Canmore T1W 1K6

$799,000
Residential beds: 2 baths: 3.0 1,003 sq. ft. built: 1996

Main Photo: 32 200 Glacier Drive: Canmore Row/Townhouse for sale : MLS®# A2238923
Photo 1: 32 200 Glacier Drive: Canmore Row/Townhouse for sale : MLS®# A2238923
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2238923
Bedrooms:
2
Bathrooms:
3
Year Built:
1996
Discover the perfect blend of Location, Lifestyle, and Low Maintenance Fees! This townhouse is a must-see, featuring three levels of comfort and modern elegance. Enjoy two beautifully renovated bedrooms and three bathrooms with new vanities, low-flush toilets, elegant tiles, and a custom shower in the main bathroom. The main level features a spacious kitchen, cozy gas fireplace, and sleek laminate flooring. Step out onto the landscaped areas from either the front entry and back deck. Benefit from one designated parking stall, along with access to 18 visitor parking spots. Nestled at the back row of a fenced complex, this property offers a tranquil and private setting, away from the main entrance and parking areas. Bask in ample sunlight throughout the day and soak in breathtaking mountain views from both the East and South. The large finished basement provides abundant storage space and a renovated 3rd bathroom. Call to book your showing today!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,003 sq. ft.
Main Level Finished Area:
538 sq. ft.
Upper Level Finished Area:
466 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
493 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$285.43
Condo Fee Includes:
Common Area Maintenance, Insurance, Parking, Professional Management, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
Acreage:
No
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:
Unit Exposure:
South
Floor Location:
Ground
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls, No One Above
Total Rooms Above Grade:
5
Year built:
1996 (Age: 29)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9612019
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Insert, Living Room, Mantle, Mixed, Three-Sided
Garage:
No
Garage Spaces:
0
Parking:
Assigned, Parking Pad, Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Lower Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Cougar Creek
None
Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
NA
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
14'1" × 7'2"
Main Floor
Living Room
17'4" × 13'3"
Main Floor
Dining Room
10'8" × 6'1"
Main Floor
Balcony
14'1" × 7'9"
2nd Floor
Bedroom
11' × 10'1"
2nd Floor
Bedroom - Primary
12'5" × 10'10"
Lower Level
Game Room
27'9" × 13'
Lower Level
Furnace/Utility Room
13' × 5'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 4'6"
2nd Floor
No
4
7'11" x 4'11"
Lower Level
No
3
6' x 6'7"
Title to Land:
Fee Simple
Community Features:
Other, Park, Playground, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Chandelier, No Smoking Home, Open Floorplan
Exterior Features:
Balcony, Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Backs on to Park/Green Space, Low Maintenance Landscape, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Bighorn No. 8, M.D. of
Zoning:
Res Multi
Listed Date:
Jul 11, 2025
Days on Mkt:
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Listed by RE/MAX Alpine Realty
Data was last updated August 23, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$1,275,000
Min list price:
$39,945
Max list price:
$8,717,800
Avg days on market:
54
Min days on market:
1
Max days on market:
374
Avg price per sq.ft.:
$885.47
These statistics are generated based on the current listing's property type and located in Canmore. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA