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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28 1155 Falconridge Drive NE
Falconridge Calgary T3J 1E1

$299,900
Residential beds: 2 baths: 1.0 1,107 sq. ft. built: 1979

Main Photo: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 1: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 2: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 3: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 4: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 5: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 6: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 7: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 8: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 9: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 10: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 11: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 12: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 13: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 14: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 15: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 16: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 17: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 18: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 19: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 20: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 21: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 22: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 23: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 24: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 25: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 26: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 27: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 28: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 29: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 30: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 31: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Photo 32: 28 1155 Falconridge Drive NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2226292
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2226292
Bedrooms:
2
Bathrooms:
1
Year Built:
1979
Location, Location, Location! This freshly painted throughout, stained Deck & beautifully RENOVATED and well maintained end-unit offers nearly 1,350 sq. ft. of modern living space. The upper level has 2 large bedrooms and a 4PC bath. The foyer leads to an OPEN CONCEPT kitchen, living and dining area with large windows that bring in a lot of natural light. This home combines convenience with comfort. The basement has a large rec room and a laundry room with additional storage space. This townhouse is located close to public transportation, schools, parks, the Genesis Centre, Don Hartman Sportsplex, the LRT station, Stoney Trail, and a large shopping plaza is just steps away. This townhouse is the ideal choice for first-time home buyers or investors. Featuring modern and elegant design and it is in a move in ready condition with LOW CONDO FEES and a PRIVATE YARD. Don’t miss out on this fantastic opportunity—schedule 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:
1,107 sq. ft.
Main Level Finished Area:
610 sq. ft.
Upper Level Finished Area:
497 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$364.28
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
HOA Fee Includes:
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:
West
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
1979 (Age: 46)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7911043
Heating:
ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Assigned, Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Lower Level
Condo Fee Frequency:
Monthly
Falconridge Estates
Falconridge
None
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Shed 9'-4" x 6'-6"
None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
13'8" × 13'2"
Main Floor
Kitchen
13'5" × 10'1"
Main Floor
Dining Room
12'9" × 10'1"
Main Floor
Foyer
6'2" × 4'
2nd Floor
Bedroom - Primary
11'4" × 10'1"
2nd Floor
Bedroom
13'9" × 9'1"
Lower Level
Family Room
18'9" × 12'6"
Lower Level
Laundry
12'4" × 9'11"
Lower Level
Furnace/Utility Room
10'3" × 7'2"
Floor
Ensuite
Pieces
Other
2nd Floor
No
4
4'11" x 7'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Interior Features:
Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan, Storage, Track Lighting
Exterior Features:
Private Yard, Storage
Patio And Porch Features:
Deck
Lot Features:
Level, Paved, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
M-CG
Listed Date:
May 30, 2025
Days on Mkt:
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Listed by Century 21 Bravo Realty
Data was last updated August 16, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$499,950
Min list price:
$274,900
Max list price:
$695,000
Avg days on market:
33
Min days on market:
1
Max days on market:
131
Avg price per sq.ft.:
$467.88
These statistics are generated based on the current listing's property type and located in Falconridge. 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