By the numbers
How this listing measures up
$/sqft
$390
vs Falconridge median
-2%
community avg $429K
Sqft per bedroom
269
Year built
1980
Annual taxes
$3,044
2025
Garage
2 spaces
$/sqft distribution
Where this listing sits in Falconridge
Of 51 active residential listings in Falconridge,
this property at $390/sqft
sits in the $350–400 range.
Other active listings
This listing's price range
This listing
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).
Property details
| Bedrooms | 4 |
| Bathrooms | 2.0 |
| Style | Bungalow |
| Heating | High Efficiency,Forced Air |
| Cooling | None |
| Flooring | Carpet,Linoleum |
| Levels | One |
| Basement | Full |
| Basement development | Finished |
| Interior features | No Animal Home |
| Appliances | Electric Range,Microwave,Range Hood,Refrigerator,See Remarks |
| Inclusions | NA |
| Laundry | In Basement |
| Lot size | 5274.00 sqft |
| Frontage | 48.07 ft |
| Lot features | Back Lane,Back Yard,Front Yard,Rectangular Lot,See Remarks |
| Exterior features | Other |
| Fencing | Partial |
| Patio | None |
| Year built | 1980 |
| Construction materials | Vinyl Siding,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Double Garage Detached |
| Garage spaces | 2 |
| Parking total | 2 |
| Annual taxes | $3,044 |
| Tax year | 2025 |
| Possession | 45 days / Neg |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Falconridge |
| Community features | Playground,Schools Nearby,Shopping Nearby |
| List AOR | Calgary |
Location
Sold comparables in Falconridge
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Sign up to see sold dataAbout Falconridge
AI-generated summaryFalconridge is an established northeast Calgary community with a strong multicultural character and a quiet, family-oriented atmosphere. It offers affordable housing and a close-knit community feel.
Average list price of $428,015 reflects one of Calgary's more affordable detached home markets
66 average days on market suggests a measured pace — buyers have time to negotiate
50 active listings indicates solid inventory and reasonable buyer choice
Housing
The neighbourhood features predominantly detached single-family homes and a mix of semi-detached properties typical of 1980s suburban development.
Transit
Falconridge is served by Calgary Transit bus routes with reasonable access to the broader northeast corridor, though most residents rely on personal vehicles for daily errands.
Amenities
Residents have access to nearby schools, parks, the Falconridge-Castleridge Community Association, and shopping along 68th Street and McKnight Boulevard NE.
Who lives here
Falconridge attracts families and first-time buyers drawn by relative affordability, as well as long-established residents and a diverse multicultural population.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
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