Welcome to 200 Fonda Drive SE in Forest Heights, a fantastic opportunity for first-time buyers, investors, or anyone looking for a home with excellent mortgage-helping potential. This semi-detached home is ideally located in the established community of Forest Heights, offering quick access to schools, parks, shopping, public transit, and major roadways. The main level features a bright and functional layout with generous living spaces, plenty of natural light, and an inviting atmosphere with THREE BEDROOMS that is move-in ready. The fully developed lower level features an existing two-bedroom illegal basement suite complete with a full kitchen, spacious living area, and a 4-piece bathroom. Currently tenant occupied, the tenants have expressed a willingness to stay, offering an excellent opportunity for immediate rental income. Both the upper and lower suites have recently been UPDATED WITH NEWER APPLIANCES, providing modern convenience for both owner-occupants and tenants. Outside, you'll find a private yard with ample room to enjoy the outdoors. Whether you're looking to expand your investment portfolio or purchase a home with income potential, this property offers outstanding value in a mature, convenient neighbourhood. Enjoy being less than 10 minutes from Downtown Calgary and under 20 minutes from Calgary International Airport.