pillar/IMG-A2225562_1.jpg
4 days on Market

56 Falmead Rd, Calgary, Alberta t3j1g8

Detached
3 + 1
2
~863.30 sqft
$529,999
Get pre-qualifiedPowered by nesto
Detached
3 + 1
2
~863.30 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$613/sqft

Est. Mortgage$2,276/mo

Tax Amount (2025)$3,062/yr

Days On Market4 days


Description

Attention Investors & First-Time Homebuyers! Welcome to 56 Falmead Road NE — a beautifully renovated 4-bedroom bi-level home, featuring 3 bedrooms on the main level and a spacious 1-bedroom suite on the lower level, located in the vibrant and family-friendly community of Falconridge. This property has been thoughtfully updated with a new roof (2022), newer furnace and hot water tank (2018), knockdown ceilings, pot lights, and refreshed fascia. With an illegal 1-bedroom basement suite featuring a private entrance, this home offers an incredible opportunity to generate rental income or accommodate extended family with ease. Step inside to a bright, sunlit living room with large windows and an open layout that flows effortlessly into the dining area — perfect for hosting family gatherings. The modern kitchen is outfitted with quartz countertops, stainless steel appliances, and soft-close cabinetry, making meal prep both stylish and functional. Main floor laundry adds to the everyday convenience. The main level includes three generously sized bedrooms, all with ample closet space and natural light. The primary bedroom stands out with sliding door access to a spacious, two-tiered backyard deck, complete with a storage shed — an ideal retreat for morning coffee or evening relaxation. The lower-level illegal suite offers its own separate entrance, full kitchen, oversized living area, large bedroom with walk-in closet, a full bathroom, and private laundry. Whether you’re looking to offset your mortgage or provide privacy for family members, this setup is a major asset. Outside, enjoy a huge fully fenced backyard, perfect for kids and pets, and a deck made for summer barbecues and outdoor entertaining. This home is ideally situated close to schools, parks, shopping, and public transit — everything you need is just minutes away. Don't miss this incredible opportunity to own a turnkey home with income potential in one of Calgary’s most convenient NE neighborhoods. Book your private showing today!


Property Details

StyleBi-Level
View-
Age of property1980
SqFt~863.30 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2225562
Community NameFalconridge
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite

Main Floor

Entrance

3`6" x 7`2"

Laundry

2`7" x 6`7"

Living Room

12`10" x 14`3"

Dining Room

13`3" x 8`4"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 29, 2025
ListedActive
$529,999
4 days on market
history photo preview49
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Falconridge

Geo Zone Map ThumbnailFalconridge

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

20 days

2023

18 days

New Listings

Past 30 days

20 listings

Compared to

2024

12 listings

2023

14 listings

Units sold

Past 30 days

6 units

Compared to

2024

3 units

2023

17 units

Median Sold Price

Past 30 days

$508,750

Compared to

2024

$457,000

2023

$435,000


Population and Demographics

Overview

Total population 5875
Average household income $98,935

Age (%)

0 to 19
29%
35 to 49
22%
20 to 34
21%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
71%
Single person
18%
Multi person
8%
Multi family
3%

Mother tongue (%)

English
55%
Punjabi (Panjabi)
16%
Tagalog (Pilipino, Filipino)
6%
Urdu
4%
Spanish
3%
Others
3%
Arabic
3%
Hindi
1%
Vietnamese
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget