ActivePrice reduced

$554,900

219 Falwood Way NEFalconridge, Calgary, AB T3J1A9

  • 5 beds
  • 3 baths
  • 1,140 sq ft
  • Detached

Listing courtesy of TREC The Real Estate Company · MLS® A2340555

About this home

LEGAL SUITE | FULLY UPGRADED | All Poly B replaced with PEX | 5 BEDROOMS | 3 BATHROOMS. Welcome to this beautifully updated bungalow in the sought after community of Falconridge, offering over 1,800 sq. ft. of fully developed living space and an exceptional opportunity for homeowners, investors and multi-generational families!

Featuring a 2-BEDROOM LEGAL BASEMENT SUITE, this versatile property offers the perfect combination of comfortable living and income potential—live up and rent down, accommodate extended family or enjoy the entire home for yourself.

The main floor offers a bright, inviting layout with a spacious living room featuring a large window, a brand-new kitchen with stainless steel appliances and a generous dining area perfect for family meals and entertaining. The primary bedroom includes a private 3-piece ensuite, complemented by two additional bedrooms, a full bathroom, separate laundry and convenient access to the backyard. A large mudroom provides a practical and welcoming entrance with plenty of space for everyday living.

Downstairs, the LEGAL 2-bedroom basement suite features a private entrance, two generously sized bedrooms, a full bathroom, a stylish open-concept kitchen and family room and its own separate laundry—an ideal setup for rental income or independent living.

Numerous updates throughout the home include new flooring, fresh paint, renovated kitchens and modernized bathrooms, creating a move-in-ready property with excellent functionality and appeal.

Step outside to enjoy a fully fenced and spacious backyard complete with a storage shed, apple trees and a detached garage. The home also features durable metal roofing for added peace of mind.

The location is hard to beat—situated on a quiet street and just steps from Falconridge School. Enjoy convenient access to transit, shopping at McKnight Village, Falconridge Community Centre, parks and other everyday amenities.

Whether you're looking for your next family home, an income-generating investment or a property that offers flexibility for multi-generational living, this one checks all the boxes. Homes with a legal suite, detached garage, and this level of updating are a rare opportunity. Book your private showing today!

Key facts

Type
Detached
Style
Bungalow
Year built
1979
Living area
1,140 sq ft
Lot
4,553 sq ft
Bedrooms
5 (3 above grade, 2 below)
Bathrooms
3 full
Basement
Full, Finished
Parking
1-car garage
Price per sq ft
$487
Days on market
56
Listed
August 27, 2026
Community
Falconridge
Municipality
Calgary

Features

Interior

Features
No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Separate Entrance
Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Flooring
Tile, Vinyl Plank
Heating
Forced Air
Laundry
In Basement, Main Level
Basement features
Separate/Exterior Entry
Included
N/A

Suite

Suite
Yes
Details
Basement
Location
Suite Attached/Within Primary Dwelling
Legal suites
1

Building

Structure
House
Levels
One
Construction
Vinyl Siding, Wood Frame
Roof
Metal
Foundation
Poured Concrete

Exterior & lot

Exterior
Other, Private Yard
Lot
Back Lane, Back Yard
Fencing
Fenced
Front faces
SE
Lot size
4,553 sq ft
Zoning
R-CG

Parking

Garage spaces
1
Total parking
1
Details
Single Garage Detached

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Park, Playground, Schools Nearby, Sidewalks, Street Lights

Rooms

RoomLevelSize
Living RoomMain11'6" x 14'4"
Dining RoomMain11'4" x 11'8"
BedroomMain9'8" x 13'0"
LaundryMain3'0" x 3'9"
KitchenMain9'9" x 13'2"
Bedroom - PrimaryMain11'3" x 11'3"
3pc Ensuite bathMain4'5" x 7'5"
BedroomMain8'8" x 12'11"
3pc BathroomMain4'9" x 8'9"
Family RoomBasement9'7" x 14'6"
KitchenBasement9'6" x 10'6"
BedroomBasement10'2" x 10'9"
3pc BathroomBasement4'9" x 9'1"
BedroomBasement9'8" x 11'0"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$2,605
  • Mortgage $2,605

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $30,490.

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Listing last updated: Oct 16, 2026, 8:05 a.m.