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Legal suiteMLS® A2321764

56 Fallingworth Bay NE

$515,000
5 bed4 bath1,065 sqftSingle FamilyBuilt 1981
1 / 38

Facts & details

Bedrooms
5
Beds (above / below grade)
3 / 2
Bathrooms
4
Half baths
2
Living area
1,065 square feet
Year built
1981
Property type
Single Family
Structure
House
Basement
Finished, Full, Separate entrance, Suite
Heating
Forced air
Cooling
None
Flooring
Tile, Laminate
Parking spaces
2
Parking
Parking Pad, Other
Lot size
456 square meters
Zoning
R-CG
Subdivision
Falconridge
Property tax
$3,391 (2026)
Suite evidence from listing

"LEGAL BASEMENT SUITE"

About this home

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. (id:65709)

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Existing representation: Not intended to solicit buyers or sellers currently under a written service agreement with another real estate brokerage. If you are already represented, please contact your existing real estate representative. Any discussion of an offer or representation is subject to confirming your existing agency relationship. Learn more.

Listing content (MLS® A2321764) is courtesy of Diamond Realty & Associates Ltd, provided by the Canadian Real Estate Association (CREA) via the DDF® feed. Information is deemed reliable but not guaranteed. See MLS® / DDF® compliance & disclaimers.

Disclaimer: Listing data and suite classifications are deemed reliable but not guaranteed and should be independently verified. Always confirm the legal status of any secondary suite — including registry, permits, and code compliance — with a licensed REALTOR® (such as Dusko Sremac at REPYYC × Real Broker), the City of Calgary, and qualified professionals before making any purchase or investment decision.