New 
1 / 31 Bank-owned Price reduced
$349,900
Originally listed at $420,000
104 Falmere Way NE
Falconridge, Northeast Calgary, AB T3J 2Y5
4 bedrooms · 2 bathrooms · 1,058 sq ft
Buying a bank-owned home
- Can I put conditions on my offer?
- Yes. Banks usually accept financing, inspection and condo document conditions.
- Will they counter or negotiate?
- Yes. The bank is on title, so it can counter-offer like a regular seller.
- How long until I know?
- Usually a few days, rarely more than a week.
About this house
GREAT OPPORTUNITY TO BUILD SOME SWEAT EQUITY! This is a true FIXER-UPPER and an EXCELLENT OPPORTUNITY for FIRST-TIME BUYERS, INVESTORS, OR CONTRACTORS looking to BUILD SUBSTANTIAL SWEAT EQUITY. With strong upside potential, this 3-bedroom plus one bedroom, 2-storey detached home in Falconridge is ideal for buyers willing to undertake renovations and improvements. The main floor features a bright and spacious living room with a brick wood-burning fireplace, a 2-piece bathroom, and a functional kitchen and dining area with sliding glass doors opening to the large backyard. Upstairs you will find a good-sized primary bedroom, two additional bedrooms, and a 4-piece bathroom. The lower level has a separate entrance and a makeshift illegal suite. Outside, you’ll find a Single Detached Garage, a large backyard with plenty of room for kids to play, and additional space for parking. Ideally situated close to schools, the nearby Co-op plaza, and public transit.
Details
- Status
- Active
- MLS® number
- A2338982
- Type of sale
- Bank-owned
- Property type
- Detached
- Community
- Falconridge
- Year built
- 1988
- Style
- 2 Storey
- Bedrooms
- 4
- Bathrooms
- 2 full
- Living area
- 1,058 sq ft (above grade)
- Lot size
- 3,003 sq ft
- Zoning
- R-CG
- Price per sq ft
- $331
- Basement
- Full, Finished
- Parking
- Single Garage Detached
- Fireplaces
- 1
- Possession
- 15 Days / Neg
- Listed
- August 21, 2026
Features
- Heating & cooling
- Forced Air, Natural Gas, None
- Flooring
- Carpet, Other, Tile
- Appliances
- None
- Exterior
- None, Vinyl Siding, Wood Frame
Use Up close to check for busy roads, train tracks and commercial neighbours.
Estimated monthly cost
Mortgage (20% down, 4.49%, 25 years)$1,548
Property tax (2026: $3,108 ÷ 12)$259
Total before utilities and insurance$1,807
An estimate only. Your rate, down payment and mortgage insurance will change it.
What houses sold for in Falconridge
In the last 12 months, 53 houses sold in Falconridge (all sales, not just foreclosures) at a median price of $450,000 ($458 per sq ft), after a median of 30 days on the market. This one is listed at $331 per sq ft, 28% below that median.
Price per square foot doesn't account for condition, upgrades, lot, view or parking, and foreclosures are sold as is. Ask Jerry for a full comparison before you offer.
Listing courtesy of RE/MAX House of Real Estate. MLS® A2338982.
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