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.

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

$200,000 - $375,000 $500,000 - $600,000 $800,000 - $900,000
$350,000 - $500,000 $600,000 - $700,000 $900,000 -
$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Explore Mahogany's Diverse Real Estate Offerings

MAHOGANY DETACHED HOMES FOR SALE MAHOGANY CONDOS FOR SALE 
MAHOGANY TOWNHOMES FOR SALE BUNGALOWS FOR SALE IN MAHOGANY

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.

Mahogany Homes for sale under $500,000 In Calgary, Alberta|Hounsfield Heights/Briar Hill
Forgot password Extend Verify Contact

903 156 Park Street
Greystone (Cochrane) Cochrane T4C 2B3

$324,900
Residential beds: 1 baths: 1.0 495 sq. ft. built: 2026

Main Photo: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
Photo 1: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
Photo 2: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
Photo 3: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
Photo 4: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
Photo 5: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2194506
Bedrooms:
1
Bathrooms:
1
Year Built:
2026
Welcome to your Oasis in the new waterfront community of Greystone. This one bedroom, one bathroom garden level home is the perfect sanctuary for a busy professional or couple looking for a lifestyle of convenience and luxury. The kitchen is a chef’s dream, thoughtfully designed to inspire culinary creativity and casual entertaining. Quartz stone countertops, custom soft close cabinetry with sleek chrome pulls, an oversized island with extended overhangs to maximize counter space, stunning stone mosaic backsplash and high end stainless steel appliances make this a space you want to spend quality time in. The spa-like bathroom is rich in design and detail with contemporary plumbing fixtures and undermount sink, a floating vanity mirror, raindrop shower head, quartz stone counter top with soft close drawers and stone-tiled flooring. Enjoy the spacious feeling of 9 foot ceilings with recessed pot lights and luxury wide plank flooring, throughout with cozy and durable textured carpet in the bedroom. Other features include solid core wood stained doors, premium finishes, and a convenient titled parking space. Vertos is partnered with Rogers to provide the fastest high speed internet in Canada for all Vertos buyers. Vertos By Ocgrow is a collection of 150 exquisitely designed townhomes in the new waterfront community of Greystone in Cochrane. Boasting a brand new 10 acre park, new man made lake, playing fields, playground and trails, Greystone will be home to some of the most attractive commercial offerings available including a Co-op, Tim Horton’s, many trendy restaurants, patios, spas and shops all within walking distance from Vertos. Steps from the Spray Lakes Sports Center with facilities for aquatics, climbing, fitness, 4 NHL sized ice surfaces and more, Greystone will be the community hub for dining, shopping, activities and gatherings. Only 15 minutes to Calgary and less than an hour to the Rocky Mountains, Vertos offers the best of both worlds, a nature lover’s dream with the conveniences of the city only minutes away. Cochrane is the fastest growing region in Western Canada. Invest with the assurance of enduring value and strong future appreciation potential.. Vertos is a beautiful place to call home and a smart addition to your real estate portfolio. Reserve your unit today!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Townhouse
Total Living Area:
495 sq. ft.
Main Level Finished Area:
495 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$126.47
Condo Fee Includes:
Electricity, Insurance, Professional Management, Reserve Fund Contributions, Sewer, 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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southeast
Entry Level:
1
Levels:
One
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
2026 (Age: -)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
2211947
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Mixed
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street, Stall, Titled
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Greystone (Cochrane)
Park, Parking, Picnic Area, Playground, Trash, Visitor Parking
Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
N/A
None Known
Yes
Floor
Type
Size
Other
Main Floor
Kitchen
12'9" × 11'6"
Main Floor
Living Room
10'6" × 8'1"
Main Floor
Bedroom
10'7" × 9'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'7" x 5'2"
Title to Land:
Fee Simple
Community Features:
Fishing, Golf, Lake, Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Recessed Lighting, See Remarks, Separate Entrance
Exterior Features:
Courtyard, Garden, Lighting, Playground
Patio And Porch Features:
None
Lot Features:
Garden, Lake, Landscaped, Lawn, Street Lighting, Views
Num. of Parcels:
0
Fencing:
None
Region:
Rocky View County
Zoning:
TBD
Listed Date:
Feb 13, 2025
Days on Mkt:
  • Photo 1: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
    Photo 1 of 5
  • Photo 2: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
    Photo 2 of 5
  • Photo 3: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
    Photo 3 of 5
  • Photo 4: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
    Photo 4 of 5
  • Photo 5: 903 156 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2194506
    Photo 5 of 5

Virtual Tour

Larger map options:
Larger map Satellite map Street View Walkscore
Listed by MaxWell Capital Realty
Data was last updated June 19, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
305
Avg list price:
$634,990
Min list price:
$214,000
Max list price:
$1,495,000
Avg days on market:
33
Min days on market:
1
Max days on market:
331
Avg price per sq.ft.:
$360.65
These statistics are generated based on the current listing's property type and located in Cochrane. Average values are derived using median calculations.
Get market change alerts
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA