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.

CRANSTON HOMES FOR SALE FROM UNDER $300,000

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  • 427 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2198783

    427 Cranbrook Square SE Cranston Calgary T3M 3K8
    Main Photo: 427 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2198783
    $299,000
    Residential
    Status:
    Active
    MLS® Num:
    A2198783
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    656 sq. ft.
    Welcome to this stunning lower unit of a stacked townhouse, offering 2 bedrooms and 1 bathroom, located in the family-friendly community of Cranston’s Riverstone. Step inside this thoughtfully designed lower unit, where beautiful vinyl flooring flows throughout the entire home. The open floor plan seamlessly connects the kitchen, dining area, and living room, creating a bright and inviting space. The living room includes a well-placed window that allows natural light to pour in, enhancing the bright and airy feel of the home. The modern kitchen is equipped with brand-new appliances, quartz countertops, a convenient kitchen island, and a spacious pantry for all your storage needs. This home offers two versatile bedrooms that can be used as children’s rooms, guest rooms, or even a home office to suit your lifestyle. Completing the layout is a stylish 4-piece bathroom and an in-suite stacked washer and dryer for added convenience. Located in Cranston’s Riverstone, this community offers beautiful natural surroundings with access to the river, scenic walking paths, and lush green spaces. Families will appreciate the multiple playgrounds nearby, and residents enjoy access to Cranston’s many amenities. Just minutes away, you’ll find a variety of shops and services, with easy access to Deerfoot Trail to make commuting simple and convenient. The Cranston Residents Association also offers fantastic amenities, including a water park, skating rink, gymnasium, and community programming for all ages. Additionally, Cranston is home to five schools, making it a great place for families of all stages. Don’t miss your opportunity to make this beautiful home your own! *square footage is below grade is it is a lower level unit More details
    Listed by eXp Realty
  • 109 406 Cranberry Park SE in Calgary: Cranston Apartment for sale : MLS®# A2220946

    109 406 Cranberry Park SE Cranston Calgary T3M 1Y9
    OPEN HOUSE: May 24, 2025
    05:00 PM - 07:00 PM MDT
    Open House on Saturday, May 24, 2025 5:00PM - 7:00PM Call Harsh at 587-319-2348 for more info.
    Main Photo: 109 406 Cranberry Park SE in Calgary: Cranston Apartment for sale : MLS®# A2220946
    $266,900
    Residential
    Status:
    Active
    MLS® Num:
    A2220946
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    576 sq. ft.
    Welcome to this wonderfully maintained 1-bedroom, 1-bathroom main-floor apartment in the heart of Cranston—one of Calgary’s most sought-after communities. This thoughtfully designed home features an open and spacious layout for comfortable living and convenience. The oversized patio offers ample space for outdoor relaxation and has a gas hookup, ideal for summer BBQs. Enjoy the convenience of a private, gated entrance directly from the patio, providing easy access and a touch of exclusivity. Situated just steps away from Sobeys, Starbucks, restaurants, gas station, and more, daily errands are a breeze. The South Health Campus and extensive shopping, dining, and amenities, are only a few minutes drive away. For nature enthusiasts, the Bow River pathway is within walking distance, offering scenic routes for morning runs or evening strolls. Commuters will appreciate the quick access to Deerfoot and Stoney Trail, ensuring seamless travel throughout the city. This pet-friendly building combines comfort, convenience, and lifestyle, making it an excellent choice for first-time buyers, downsizers, or investors. Don’t miss this opportunity to own a charming home in a prime location! More details
    Listed by RE/MAX First
  • 304 304 Cranberry Park SE in Calgary: Cranston Apartment for sale : MLS®# A2222353

    304 304 Cranberry Park SE Cranston Calgary T3M 1W2
    Main Photo: 304 304 Cranberry Park SE in Calgary: Cranston Apartment for sale : MLS®# A2222353
    $259,900
    Residential
    Status:
    Active
    MLS® Num:
    A2222353
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    600 sq. ft.
    CRANSTON PLACE. WELL LOCATED! STEPS TO CRANSTON PLAZA AND CRANSTON COMMUNITY CENTER. THIS UNIT HAS A SPACIOUS KITCHEN, A LARGE LIVING ROOM AND A 2ND BEDROOM, A LARGE NORTH BALCONY. FRESHLY PAINTED AND NEW CARPETS IN THE BEDROOMS. THERE IS INSUITE LAUNDRY, A TITLED OUTSIDE PARKING (135)SPOT AND AN ASSIGNED STORAGE IN THE UNDERGROUND PARKING AREA (304). CLOSE TO STORES, RESTAURANTS, SETON DISTRICT AND SOUTH HEALTH HOSPITAL. LOCATION! LOCATION! VACANT AND EASY TO VIEW. More details
    Listed by RE/MAX Landan Real Estate
  • 243 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2219846

    243 Cranbrook Square SE Cranston Calgary T3M 3K8
    Main Photo: 243 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2219846
    $259,000
    Residential
    Status:
    Active
    MLS® Num:
    A2219846
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    520 sq. ft.
    Nestled in one of Calgary’s most picturesque communities, this beautifully designed townhouse offers a peaceful retreat without compromising on access to urban conveniences. With ultra-low condo fees of just $88.35/month, this is a rare opportunity to own a cozy and stylish home in the highly sought-after Riverstone area of Cranston. Just steps from the Bow River, scenic walking paths, and expansive green space, this home truly embraces the best of outdoor living while keeping you close to everyday essentials. Inside, you'll find a bright and spacious open-concept layout that's perfect for both relaxing and entertaining. The modern kitchen is equipped with stainless steel appliances, quartz countertops, and elegant cabinetry that combines style with functionality. The spacious primary bedroom features dual closets, offering plenty of storage for your needs. Additional highlights include in-suite laundry, a private patio for relaxing outdoors, and your own parking stall conveniently located right in front of the unit. This property is below street grade. Whether you're a first-time home buyer, investor, couple, or small family, this charming home checks all the boxes. Come and make this inviting space your happy place to call home. More details
    Listed by Real Broker
  • 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597

    109 Cranbrook Square SE Cranston Calgary T3M 3E3
    Main Photo: 109 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2216597
    $255,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216597
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    512 sq. ft.
    VALUE PRICED!!! Stylish Living in Riverstone – Where Nature Meets Convenience Located in the sought-after Riverstone community of Cranston, this beautifully appointed home blends modern design with the peace and beauty of natural surroundings. Just steps from the Bow River, scenic trails, and expansive green spaces, you’ll enjoy a serene lifestyle without sacrificing access to everyday amenities. Inside, the home features a contemporary open-concept layout with upscale finishes throughout. The kitchen is a standout, boasting stainless steel appliances, quartz countertops, and a timeless subway tile backsplash. The spacious living area is perfect for relaxing or entertaining, seamlessly connecting to the rest of the home. The generously sized primary bedroom easily fits a large bedroom set up and offers dual closets for ample storage. Additional features include a full 4-piece bathroom, in-suite laundry, and a utility room for even more storage space. Additionally there is a fenced patio just outside your door. You’ll love the convenience of your own dedicated parking stall right outside the unit, and the complex is pet-friendly (with board approval). And don't forget the low low condo fee of $111.41 per month. This property is below street grade. Whether you're enjoying a riverside stroll or heading to nearby shops, and restaurants, this home offers the ideal combination of natural beauty and urban convenience. More details
    Listed by CIR Realty
  • 5204 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2204709

    5204 522 Cranford Drive SE Cranston Calgary T3M 2L7
    Main Photo: 5204 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2204709
    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2204709
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    609 sq. ft.
    *includes 2 titled parking spots. This bright and spacious freshly painted 2-bedroom 1-bathroom home overlooks the greenspace and has in-suite laundry. Residents enjoy access to a private clubhouse featuring a splash park, sports court, and gathering spaces, perfect for year-round activities. Plus, you’re just a 5-minute drive to the South Health Campus, the YMCA, and all essential amenities. More details
    Listed by Real Broker
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Data was last updated May 21, 2025 at 02:18 PM (UTC)
Diane Richardson
Cell: 403-397-3706