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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157 Cranbrook Walk SE
Cranston Calgary T3M 2V5

$499,000
Residential beds: 2 baths: 3.0 1,080 sq. ft. built: 2018

Main Photo: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 1: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 2: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 3: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 4: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 5: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 6: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 7: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 8: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 9: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 10: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 11: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 12: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 13: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 14: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 15: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 16: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 17: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 18: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 19: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 20: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 21: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 22: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 23: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Photo 24: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2211224
Bedrooms:
2
Bathrooms:
3
Year Built:
2018
**OPEN HOUSE Sunday June 1 from 11-2 **PRICE REDUCED** BEAUTIFUL Former Show Home in Riverstone! Many upgrades to this townhome including upgraded lighting, A/C, built-in features, 60" glass shower door, upgraded kitchen faucet and Refrigerator, 42" upper kitchen cabinets, and window blinds throughout including blackout blinds in bedrooms. This home is in one of the best location in the complex, facing onto a community park. Enjoy sitting and relaxing in your fenced, front patio with BBQ gas hookup. The open concept main level features living room, dining room and beautiful kitchen with large island and plenty of storage. A 2 piece bathroom finishes of the main level. Upper level features a small office area at top of stairs, a primary bedroom with beautiful ensuite with upgraded built-in shelving and walk-in closet. The second bedroom also has it's own ensuite with shower/tub combo. Washer and Dryer are conveniently located as well on the upper level. Basement has oversized tandem garage with extra storage space. Riverstone/Cranston is one of the nicest communities for pathways for walking and biking. Several schools are in the community as well as shopping and restaurants. The new hospital is a quick commute as well.
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:
1,080 sq. ft.
Main Level Finished Area:
540 sq. ft.
Upper Level Finished Area:
540 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
66.67 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$283.50
Condo Fee Includes:
Amenities of HOA/Condo, Maintenance Grounds, Professional Management, Reserve Fund Contributions
HOA Fee Frequency:
Annually
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Entry Level:
1
Stories Total:
2
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2018 (Age: 7)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1811034
Heating:
Forced Air, Natural Gas
Basement:
See Remarks
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Tandem
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$517.65
Condo Fee Frequency:
Monthly
Z-name Not Listed
Cranston
Clubhouse, Community Gardens, Playground, Racquet Courts
Central Air Conditioner, Dishwasher, Dryer, Electric Range, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer
n/a
Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Entrance
8'9" × 6'
Main Floor
Kitchen
14'1" × 11'4"
Main Floor
Dining Room
10'9" × 9'6"
Main Floor
Living Room
10'9" × 10'
Upper Level
Bedroom - Primary
11'9" × 11'3"
Upper Level
Bedroom
11'10" × 9'9"
Upper Level
Laundry
3'3" × 3'
Lower Level
Mud Room
3'9" × 3'
Lower Level
Furnace/Utility Room
8'6" × 4'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'7" x 3'
Upper Level
No
4
7'9" x 4'10"
Upper Level
No
3
7'3" x 4'10"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
High Ceilings, Kitchen Island, Natural Woodwork, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters
Exterior Features:
Courtyard, Playground
Patio And Porch Features:
Patio, See Remarks
Lot Features:
Front Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-X1
Listed Date:
Apr 11, 2025
Days on Mkt:
  • Photo 1: 157 Cranbrook Walk SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2211224
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    Gated Entrance
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    Upgraded Cabinetry
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Listed by CIR Realty
Data was last updated June 18, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
115
Avg list price:
$650,000
Min list price:
$239,900
Max list price:
$1,936,000
Avg days on market:
20
Min days on market:
1
Max days on market:
106
Avg price per sq.ft.:
$409.28
These statistics are generated based on the current listing's property type and located in Cranston. 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