MLS #A2321764 image #0
Rare opportunity to own a spacious bungalow with 2-bedroom LEGAL BASEMENT SUITE on a quiet street in Falconridge. This well-maintained property offers over 2,057 sq. ft. of developed living space and is ideal for families, investors, or buyers seeking mortgage helping rental income from already rented basement suite and tenants are willing to stay.
The bright and functional main floor features a living room, three generously sized bedrooms, 1.5 bathrooms, a spacious kitchen with ample cabinetry, and a dining area perfect for everyday living and entertaining. The fully legal basement suite offers a separate entrance, two bedrooms, 1.5 bathrooms, a full kitchen, and a comfortable living area, creating excellent income potential or space for extended family.
Shared laundry is conveniently located with secure access for both levels. Outside, the oversized backyard provides plenty of room for outdoor entertaining, gardening, children’s play areas, or simply enjoying the privacy and space. Situated on a peaceful street and within walking distance to schools, parks, shopping, and public transit, this property offers the perfect combination of comfort, convenience, and value. Whether you’re looking for a family home with supplemental income or a smart investment opportunity, this is a property you won’t want to miss.
Current real estate data for Single Family in Calgary as of Jul 25, 2026
3,649
Single Family Listed
44
Avg DOM
487
Avg $ / SqFt
$859,802
Avg List Price

Property Details

Price:
$515,000
MLS #:
A2321764
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Falconridge
Listed Date:
Jun 24, 2026
Finished Sq Ft:
1,065
Lot Size:
4,908 sqft / 0.11 acres (approx)
Year Built:
1981
FalconridgeFullCul-de-sac,front Yard,interior Lot,lawn,many Trees

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
Basement
Full
Bathrooms Full
2
Bathrooms Half
2
Laundry Features
In Basement

Exterior

Exterior Features
Private Yard
Lot Features
Cul- De- Sac, Front Yard, Interior Lot, Lawn, Many Trees
Parking Features
Off Street, Parking Pad
Parking Total
2
Patio And Porch Features
Other
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Falconridge subdivision, 56 Fallingworth Bay NE Calgary AB is a Single Family for sale in Calgary, AB, T3J 1G3. It is listed for $515,000 and features 5 beds, 4 baths, and has approximately 1,065 square feet of living space, and was originally constructed in 1981. The current price per square foot is $484. The average price per square foot for Single Family listings in Calgary is $487. The average listing price for Single Family in Calgary is $859,802. To schedule a showing of MLS#a2321764 at 56 Fallingworth Bay NE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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