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219 Falwood Way NE, Calgary, Alberta T3J 1A9
About This Property
LEGAL SUITE | FULLY UPGRADED | All Poly B replaced with PEX | 5 BEDROOMS | 3 BATHROOMS. Welcome to this beautifully updated bungalow in the sought after community of Falconridge, offering over 1,800 sq. ft. of fully developed living space and an exceptional opportunity for homeowners, investors and multi-generational families!Featuring a 2-BEDROOM LEGAL BASEMENT SUITE, this versatile property offers the perfect combination of comfortable living and income potential—live up and rent down, accommodate extended family or enjoy the entire home for yourself.The main floor offers a bright, inviting layout with a spacious living room featuring a large window, a brand-new kitchen with stainless steel appliances and a generous dining area perfect for family meals and entertaining. The primary bedroom includes a private 3-piece ensuite, complemented by two additional bedrooms, a full bathroom, separate laundry and convenient access to the backyard. A large mudroom provides a practical and welcoming entrance with plenty of space for everyday living.Downstairs, the LEGAL 2-bedroom basement suite features a private entrance, two generously sized bedrooms, a full bathroom, a stylish open-concept kitchen and family room and its own separate laundry—an ideal setup for rental income or independent living.Numerous updates throughout the home include new flooring, fresh paint, renovated kitchens and modernized bathrooms, creating a move-in-ready property with excellent functionality and appeal.Step outside to enjoy a fully fenced and spacious backyard complete with a storage shed, apple trees and a detached garage. The home also features durable metal roofing for added peace of mind.The location is hard to beat—situated on a quiet street and just steps from Falconridge School. Enjoy convenient access to transit, shopping at McKnight Village, Falconridge Community Centre, parks and other everyday amenities.Whether you're looking for your next family home, an income-genera ting investment or a property that offers flexibility for multi-generational living, this one checks all the boxes. Homes with a legal suite, detached garage, and this level of updating are a rare opportunity. Book your private showing today!
Key Features
- Built in 1979
- Basement: Finished, Full, Separate entrance, Suite
- Detached Garage Parking
- Forced air Heat
Property Details
Bedrooms & Bathrooms
Size
Interior
Building
Parking
Land
Financial
Rooms
Main Level
Basement
Room measurements are supplied by the listing brokerage and are approximate.
What’s nearby
- Monsignor A.J. Hetherington SchoolCatholic (CCSD) 400 m5 min walk
- St. John XXIII SchoolCatholic (CCSD) 450 m5 min walk
- Falconridge SchoolPublic (CBE) 500 m6 min walk
- Father Scollen SchoolCatholic (CCSD) 550 m7 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Calgary Board of Education or Calgary Catholic School District.
Tap a place for directions. Places from OpenStreetMap contributors.
Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
- Mortgage$2,336
- Property tax$321
- Estimated total$2,656/mo
View on REALTOR.ca
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Price History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 27, 2026 | Price decreased | $549,900 | −0.9% |
| Oct 16, 2026 | Price decreased | $554,900 | −0.9% |
| Before Oct 16, 2026 | Earlier asking price | $559,900 | – |
Price changes this website has recorded from the MLS® System since Oct 14, 2026. Earlier changes may not be shown.
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