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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408 40 Sage Hill Walk NW
Sage Hill Calgary T3R 2C5

$340,000
Residential beds: 1 baths: 2.0 629 sq. ft. built: 2023

Main Photo: 408 40 Sage Hill Walk NW in Calgary: Sage Hill Apartment for sale : MLS®# A2215706
Photo 1: 408 40 Sage Hill Walk NW in Calgary: Sage Hill Apartment for sale : MLS®# A2215706
Photo 2: 408 40 Sage Hill Walk NW in Calgary: Sage Hill Apartment for sale : MLS®# A2215706
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Photo 32: 408 40 Sage Hill Walk NW in Calgary: Sage Hill Apartment for sale : MLS®# A2215706
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2215706
Bedrooms:
1
Bathrooms:
2
Year Built:
2023
Welcome to this stunning, modern 1-bedroom condo—an ideal space for first-time buyers, savvy investors, or anyone seeking a comfortable, low-maintenance home. Built in 2023, this beautifully designed unit features a spacious bedroom with large windows that flood the space with natural light, complemented by a sleek 4-piece ensuite bathroom. The open-concept kitchen boasts stainless steel appliances, an eat-up island, and flows seamlessly into a bright living area—perfect for relaxing or entertaining guests. Step outside onto your private balcony to enjoy fresh air and scenic views. Additional highlights include in-unit laundry with a full-size washer and dryer, air conditioning, and a convenient half-bathroom for guests. The condo also comes with a titled underground parking stall and a separate storage locker. Located in a quiet, well-maintained complex, this home offers unmatched convenience with quick access to major routes including Stoney Trail, Sarcee Trail, and Shaganappi Trail. You're just minutes away from schools, public transit, shopping centers, dining options, and key business hubs. Pet-friendly with board approval. This condo blends style, function, and location—making it a perfect place to call home or a valuable addition to your investment portfolio.
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:
628.9 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$322.12
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, 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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2023 (Age: 2)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
2311415
Heating:
Baseboard, Hot Water, Natural Gas
New Constr.:
No
Construction Material:
Cement Fiber Board, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
Wall Unit(s)
Fireplaces:
0
Garage:
0
Garage Spaces:
1
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Sage Hill
Elevator(s), Parking, Storage, Visitor Parking
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
N/A
Board Approval, Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
12'2" × 12'2"
Main Floor
Kitchen With Eating Area
13' × 12'1"
Main Floor
Bedroom - Primary
12'4" × 11'
Main Floor
Foyer
5' × 3'7"
Main Floor
Laundry
6'1" × 3'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
0' x 0'
Main Floor
No
2
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
No Smoking Home, See Remarks
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone N
Zoning:
DC
Listed Date:
May 08, 2025
Days on Mkt:
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Listed by eXp Realty
Data was last updated May 24, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$389,900
Min list price:
$235,000
Max list price:
$1,174,900
Avg days on market:
28
Min days on market:
1
Max days on market:
226
Avg price per sq.ft.:
$441.6
These statistics are generated based on the current listing's property type and located in Sage Hill. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706