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Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
P: 403-478-1400  F: 403-592-9201
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Listing Details

For more information on this listing or other please contact me.

Data was last updated 2026-05-16 at 07:45:06 GMT
$419,900

139 Falsby Road NE   Calgary, Alberta

MLS®: A2311691
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PRICING THAT SPEAKS FOR ITSELF: listed approximately $110,000 below a MARCH 2025 PROFESSIONAL APPRAISAL OF $530,000 and $72,000 below the 2026 City of Calgary assessment of $492,500 ? built for the first-time buyer ready to roll up their sleeves, the newcomer family putting down their first stake, the rental-property investor sizing up the cash flow, or the contractor-buyer hunting their next project. Welcome to 139 Falsby Road NE ? a 3+1 bedroom detached bungalow FRONTING A GREEN SPACE WITH PLAYGROUND in one of NE Calgary's most established family communities, on a generous 5,274 sq ft lot with a DOUBLE DETACHED GARAGE most homes in this price bracket simply can't match. Whether you're a first-time buyer ready to plant roots, a newcomer family building your first foothold in Canada, or an investor sizing up suite potential, this 1,075 sq ft Falconridge bungalow is the rare opportunity that ticks every box.
The main floor delivers 3 bedrooms and an UPGRADED FULL BATHROOM ? already done for you. Downstairs adds a 4TH BEDROOM, A FLEXIBLE DEN, and a 2nd full bathroom, with a SEPARATE SIDE ENTRANCE that positions this home beautifully for future secondary suite conversion (subject to City of Calgary permits and code compliance) ? a real value-add play for investors and multigenerational families alike. The den works as a home office, study, kids' playroom, or future suite living area ? flex space that adapts to your plan. Big-ticket items are already in your favour: ROOF 2016, FURNACE AND HOT WATER TANK 2014, plus a NEWER FRIDGE AND ELECTRIC STOVE. The kitchen cabinetry and finishes remain original ? your refresh project on your own timeline ? and that, paired with the double garage and oversized lot, is exactly why the price lands where it does.
LOCATION WINS HERE TOO: walking distance to BISHOP McNALLY HIGH SCHOOL, a 2-minute drive to CASTLERIDGE PLAZA, 5 minutes to PRAIRIE WINDS PARK, and a playground literally across the street ? ideal for families with school-aged kids, newcomer households putting down roots, and future suite tenants alike. First-time buyers: FHSA + Home Buyers' Plan eligible for qualified buyers. Investors: develop the suite legally and unlock dual-income potential the day permits clear. Calgary's blanket re-zoning may also open longer-term R-CG redevelopment optionality (buyer to verify with the City of Calgary).
PRICING THAT SPEAKS FOR ITSELF: listed approximately $110,000 below a MARCH 2025 PROFESSIONAL APPRAISAL OF $530,000 and $72,000 below the 2026 City of Calgary assessment of $492,500 ? built for the first-time buyer ready to roll up their sleeves, the newcomer family putting down their first stake, the rental-property investor sizing up the cash flow, or the contractor-buyer hunting their next project. Welcome to 139 Falsby Road NE ? a 3+1 bedroom detached bungalow FRONTING A GREEN SPACE WITH PLAYGROUND in one of NE Calgary's most established family communities, on a generous 5,274 sq ft lot with a DOUBLE DETACHED GARAGE most homes in this price bracket simply can't match. Whether you're a first-time buyer ready to plant roots, a newcomer family building your first foothold in Canada, or an investor sizing up suite potential, this 1,075 sq ft Falconridge bungalow is the rare opportunity that ticks every box. The main floor delivers 3 bedrooms and an UPGRADED FULL BATHROOM ? already done for you. Downstairs adds a 4TH BEDROOM, A FLEXIBLE DEN, and a 2nd full bathroom, with a SEPARATE SIDE ENTRANCE that positions this home beautifully for future secondary suite conversion (subject to City of Calgary permits and code compliance) ? a real value-add play for investors and multigenerational families alike. The den works as a home office, study, kids' playroom, or future suite living area ? flex space that adapts to your plan. Big-ticket items are already in your favour: ROOF 2016, FURNACE AND HOT WATER TANK 2014, plus a NEWER FRIDGE AND ELECTRIC STOVE. The kitchen cabinetry and finishes remain original ? your refresh project on your own timeline ? and that, paired with the double garage and oversized lot, is exactly why the price lands where it does. LOCATION WINS HERE TOO: walking distance to BISHOP McNALLY HIGH SCHOOL, a 2-minute drive to CASTLERIDGE PLAZA, 5 minutes to PRAIRIE WINDS PARK, and a playground literally across the street ? ideal for families with school-aged kids, newcomer households putting down roots, and future suite tenants alike. First-time buyers: FHSA + Home Buyers' Plan eligible for qualified buyers. Investors: develop the suite legally and unlock dual-income potential the day permits clear. Calgary's blanket re-zoning may also open longer-term R-CG redevelopment optionality (buyer to verify with the City of Calgary).

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
2
Neighbourhood:
Falconridge
Area:
Calgary
Province:
Alberta
MLS® Number:
A2311691
Listing Price:
$419,900

General Information

Year Built:
1980
Total Square Feet:
1075ft2

Additional Information

Basement Dev:
Full
Parking:
Double Garage Detached

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This property is listed by Lpt Realty and provided here courtesy of Mr Channi Toor. For more information or to schedule a viewing please contact Mr Channi Toor.
Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
Phone: 403-478-1400
Mobile Phone: 403-478-1400
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Channi Toor

Having watched and participated in the growth of the Calgary area for many years now, I?ve developed unique knowledge of its communities and hidden treasures as well as an intuitive feel for its real estate market.

I take professional and personal pride in keeping my clients abreast of market trends, news and have in-depth knowledge of the subtleties of purchasing and selling real estate in Calgary.

Contact Me today and begin your Calgary real estate experience. I look forward to serving you.