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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208 145 Point Drive NW
Point McKay Calgary T3B 4W1

$295,000
Residential beds: 2 baths: 2.0 955 sq. ft. built: 1979

Living room with south views
Photo 1: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 2: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 3: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 4: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 5: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 6: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 7: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 8: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 9: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 10: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 11: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 12: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 13: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 14: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 15: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 16: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 17: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 18: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 19: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 20: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 21: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 22: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 23: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 24: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 25: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 26: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 27: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 28: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 29: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 30: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 31: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 32: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 33: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 34: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Photo 35: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2229875
Bedrooms:
2
Bathrooms:
2
Year Built:
1979
If you're looking for a safe building with 24 hour security and all the amenities this is the place for you! Welcome to this fantastic RENOVATED 2 bedroom 1 1/2 bath condo in the coveted Riverside Towers at Point McKay on the banks of the Bow River! This bright beautiful unit has had many upgrades over the last few years including new vinyl plank floors, new 4" baseboards, LED light fixtures, new lower kitchen cabinets, quartz countertops, new sinks and faucets in kitchen and bathrooms, new backsplash in kitchen, new toilets, new stainless steel refrigerator, stove and dishwasher, and a new air conditioning unit. This unit has in-suite laundry, in-suite storage and extra storage in the building. It also has a underground parking stall. Heat, electricity and water are included in the condo fees. And if you want to bring your furbaby... pets are allowed with board approval! This is an amazing location situated just off the Bow river and its pathways. Walk the dog or walk to work or even to university! This complex is close to U of C, Foothills hospital, shops, the Angel cafe and Market Mall. A 18+ building perfect place for students or retirees! And did we mention that residents have discounted rates at the amazing Riverside Club in the adjacent building! This exclusive club has a gym, saltwater pool, hot tub, indoor tennis courts and a golf academy! This place has it all! Call your favorite realtor today for a showing!
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:
955 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$925.51
Condo Fee Includes:
Amenities of HOA/Condo, Caretaker, Common Area Maintenance, Electricity, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Residential Manager, Security, 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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Floor Location:
Other
Entry Level:
2
Stories Total:
21
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
1979 (Age: 46)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
8310505
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
Yes
Flooring:
Ceramic Tile, Vinyl Plank
Cooling:
Wall/Window Unit(s)
Fireplaces:
0
Garage:
0
Parking:
Assigned, Parkade, Stall, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Riverside Towers I
Point McKay
Bicycle Storage, Car Wash, Clubhouse, Elevator(s), Fitness Center, Game Court Interior, Indoor Pool, Parking, Recreation Facilities, Secured Parking, Snow Removal, Spa/Hot Tub
Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer Stacked
Garage door fobs, Window coverings
Development Restriction, Easement Registered On Title, Restrictive Covenant, Utility Right Of Way
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
16'4" × 10'5"
Main Floor
Kitchen
10'5" × 10'
Main Floor
Dining Room
8'11" × 8'10"
Main Floor
Bedroom - Primary
16'5" × 10'2"
Main Floor
Walk-In Closet
6'6" × 6'1"
Main Floor
Bedroom
10'8" × 8'9"
Main Floor
Foyer
5'6" × 5'1"
Main Floor
Laundry
2'6" × 2'3"
Main Floor
Storage
5'5" × 5'1"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
4'6" x 6'1"
Main Floor
No
4
6'1" x 7'6"
Title to Land:
Fee Simple
Community Features:
Fishing, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Closet Organizers, No Smoking Home, Quartz Counters, Soaking Tub
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Jun 10, 2025
Days on Mkt:
  • Photo 1: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Living room with south views
  • Photo 2: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Living room and dining room
  • Photo 3: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Kitchen
  • Photo 4: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    In suite laundry
  • Photo 5: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Kitchen
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  • Photo 11: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Dining room
  • Photo 12: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Dining room
  • Photo 13: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Photo 13 of 35
  • Photo 14: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Entryway
  • Photo 15: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Primary Bedroom
  • Photo 16: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Primary Bedroom
  • Photo 17: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Walk through closet
  • Photo 18: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Photo 18 of 35
  • Photo 19: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Primary ensuite
  • Photo 20: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    2nd Bedroom
  • Photo 21: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    4 piece bathroom
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  • Photo 23: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    South facing balcony
  • Photo 24: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    2nd Balcony
  • Photo 25: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Storage
  • Photo 26: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Parking stall
  • Photo 27: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Concierge Desk
  • Photo 28: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Common area
  • Photo 29: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Photo 29 of 35
  • Photo 30: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Common area
  • Photo 31: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
    Common area
  • Photo 32: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
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  • Photo 35: 208 145 Point Drive NW in Calgary: Point McKay Apartment for sale : MLS®# A2229875
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Listed by Manor Hill Realty YYC Inc.
Data was last updated June 14, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$482,450
Min list price:
$269,900
Max list price:
$789,900
Avg days on market:
46
Min days on market:
4
Max days on market:
64
Avg price per sq.ft.:
$396.72
These statistics are generated based on the current listing's property type and located in Point McKay. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706