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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201 15 Saddlestone Way NE
Saddle Ridge Calgary T3J 0S3

$309,900
Residential beds: 2 baths: 2.0 886 sq. ft. built: 2014

Main Photo: 201 15 Saddlestone Way NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2191769
Photo 1: 201 15 Saddlestone Way NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2191769
Photo 2: 201 15 Saddlestone Way NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2191769
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Photo 23: 201 15 Saddlestone Way NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2191769
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2191769
Bedrooms:
2
Bathrooms:
2
Year Built:
2014
**Amazing Investment Opportunity in Saddle Ridge! Unit is FULLY PAINTED and NEW LIGHTS with BRAND NEW DISHWASHER & RANGE HOOD FAN.** Welcome to this delightful CORNER UNIT Apartment with 2 BEDROOMS and 2 BATHROOMS having UNDERGROUND TITLED HEATED PARKING and TITLED STORAGE in the Lakeview complex, situated in the neighborhood of Saddle Ridge. This unit presents an excellent opportunity for first-time buyers or investors for seeking cashflow properties. Step inside you find an open-concept living area, perfect for modern living. The kitchen stands out with ample cabinet and counter space, granite countertops, and stainless steel appliances. Just off the spacious living room, you'll discover a covered balcony, ideal for enjoying your morning coffee or evening relaxation. Unit is FULLY PAINTED and NEW LIGHTS with BRAND NEW DISHWASHER & RANGE HOOD FAN. This unit features two generously-sized bedrooms, with the primary bedroom offering its own ensuite for added convenience. In addition to a full bathroom, there's a large laundry room with plenty of extra storage space. Conveniently located just a 3-4 minutes drive from Saddletown Train Station, easy access to bus stops and amenities are couple of minutes away Genesis Centre, YMCA, Public Library, Gas Station, grocery stores and restaurants.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
886.26 sq. ft.
Main Level Finished Area:
886.26 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$486.92
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, 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:
Northeast
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northeast
Floor Location:
Top
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
4
Year built:
2014 (Age: 11)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1412846
Heating:
Baseboard
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Saddle Ridge
Elevator(s), Park, Playground, Storage
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
None
Board Approval, None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
11'1" × 10'1"
Main Floor
Bedroom
9'11" × 9'6"
Main Floor
Kitchen
12'11" × 8'6"
Main Floor
Living Room
11'3" × 10'10"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
4'11" x 7'4"
Main Floor
No
4
4'11" x 7'10"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
Granite Counters, No Animal Home, No Smoking Home, Storage
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
M-2
Listed Date:
Feb 07, 2025
Days on Mkt:
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Listed by URBAN-REALTY.ca
Data was last updated June 8, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
166
Avg list price:
$556,400
Min list price:
$209,900
Max list price:
$7,000,000
Avg days on market:
33
Min days on market:
2
Max days on market:
247
Avg price per sq.ft.:
$392.16
These statistics are generated based on the current listing's property type and located in Saddle Ridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706