6 days on Market

56 Fallingworth Bay, Calgary, Alberta T3J 1G3

Detached
3 + 2
4 + 2
~1065.21 sqft
$535,000
Get pre-qualifiedPowered by nesto
Detached
3 + 2
4 + 2
~1065.21 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$502/sqft

Monthly cost

Open Calculator

Description

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.


Property Details

StyleBungalow
View-
Age of property1981
SqFt~1065.21 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2321764
Community NameFalconridge
Data SourcePILLAR 9
Listing byDiamond Realty & Associates Ltd

Features

Heating: Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

2pc Bathroom

5`1" x 3`8"

4pc Bathroom

5`0" x 8`9"

Bedroom - Primary

11`3" x 10`3"

Bedroom

11`4" x 10`0"


Features

Patio: Other

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jun 24, 2026
ListedActive
$535,000
6 days on market
history photo preview37
Listing by pillar 9®
Property listed by Diamond Realty & Associates Ltd, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Falconridge

Geo Zone Map ThumbnailFalconridge

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2025

30 days

2024

20 days

2023

18 days

New Listings

Past 30 days

21 listings

Compared to

2025

20 listings

2024

12 listings

2023

14 listings

Units sold

Past 30 days

7 units

Compared to

2025

6 units

2024

3 units

2023

17 units

Median Sold Price

Past 30 days

$440,000

Compared to

2025

$508,750

2024

$457,000

2023

$435,000


Population and Demographics

Overview

Total population 5875
Average household income $98,935

Age (%)

0 to 19
29%
20 to 34
21%
35 to 49
22%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
71%
Single person
18%
Multi person
8%
Multi family
3%

Mother tongue (%)

English
55%
Punjabi (Panjabi)
16%
Tagalog (Pilipino, Filipino)
6%
Urdu
4%
Spanish
3%
Others
3%
Arabic
3%
Hindi
1%
Vietnamese
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget