139 Falsby Road NE - Photo 1 of 29, Calgary, Alberta
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$419,900

139 Falsby Road NE — Calgary, Alberta

T3J1B7

4Beds
2Baths
1,075Sq Ft
2Parking
1980Built
490Lot Sq Ft

About This Property

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). (id:63357)

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
4
Bathrooms
2
Half Baths
0
Living Area
1,075 sqft
Above Grade Area
1,075 sqft
Year Built
1980
Stories
1.0
Status
Active

Location & Neighborhood

What's nearby 139 Falsby Road NE

Nearby Schools

Local Amenities

Banking

Pharmacy

POI data updated 5/15/2026

Calgary Market Snapshot

6,515

Active Listings

$559K

Median Price

Avg Days on Market

Last updated: May 15, 2026

Listed by

LPT Realty

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$419,900
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Oakwyn Realty Ltd.

Search Listings Online Inc.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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