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219 Falwood Way NE, Calgary

Falconridge
ActiveMLS® A2340555· 50 days on market
$554,900
$487 per sq ft (asking)
Was $569,900 · reduced $15,000 (2.6%) on Oct 16, 2026
3
Bedrooms
3
Bathrooms
1,140
Sq ft
1979
Year built
$3,846
Property tax (2026)
1
Garage
4,553
Lot sq ft
CalgaryListings Insight
Set in Falconridge, 219 Falwood Way NE is a 3-bedroom home built in 1979, offering 3 bathrooms and 1,140 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance, a single garage, and vinyl plank flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. The recent price adjustment may change how this property compares with nearby active listings. MLS® A2340555.

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About this property

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!
Property Taxes
$3,846/yr (2026)
Original Price
$569,900

Listing Information

MLS® NumberA2340555
StatusActive
List Price$554, 900
Original Price$569, 900
Days on Market50 days
OccupancyVacant

Property Details

Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft1, 140 sq ft
Year Built1979
Bedrooms3
Full Bathrooms3
Total Bathrooms3

Interior

BasementFull, Finished, Separate/Exterior Entry
FlooringTile, Vinyl Plank
Fireplaces0
HeatingForced Air
Air ConditioningNone

Exterior & Parking

ExteriorVinyl Siding, Wood Frame
RoofMetal
FoundationPoured Concrete
Garage Spaces1
Total Parking1
Patio / DeckNone

Site & Lot

Lot Size4, 553 sq ft
Lot Acres0.10 acres
Lot Width48.00
Lot FeaturesBack Lane, Back Yard
Legal Description7811623;6;27

Inclusions

Dishwasher,Electric Stove,Refrigerator,Washer/Dryer

Room Dimensions

Main Level
Living Room11`6" × 14`4"
Dining Room11`4" × 11`8"
Bedroom9`8" × 13`0"
Laundry3`0" × 3`9"
Kitchen9`9" × 13`2"
Bedroom - Primary11`3" × 11`3"
3pc Ensuite bath4`5" × 7`5"
Bedroom8`8" × 12`11"
3pc Bathroom4`9" × 8`9"
Basement Level
Family Room9`7" × 14`6"
Kitchen9`6" × 10`6"
Bedroom10`2" × 10`9"
3pc Bathroom4`9" × 9`1"
Bedroom9`8" × 11`0"

Listing Office

TREC The Real Estate Company
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

Property History

219 Falwood Way NE has been listed 5 times before — see each asking price, what happened, and any sold prices.

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What did similar homes here actually sell for?

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What stands out about this listing

  • Price changeAsking $554,900, down from $569,900 (2.6% lower). We have tracked it since 2026-09-16.
  • Time on marketOn the market 50 days. Detached homes that sold in Falconridge over October 2025 – September 2026 averaged 40 days.
  • Price per sq ft$487 per sq ft above grade at asking, about 8% above the $450 per sq ft median across 28 comparable active detached homes in Falconridge.

Worked out from this MLS® record, our published community data and the other active listings in Falconridge. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Where this price sits in Falconridge

Asking $554,900. That is about 21% above the $460,000 median sale price for detached homes in Falconridge over October 2025 – September 2026, across 53 recorded sales. Those sales took 40 days on the market on average. Across all home types, sellers in Falconridge got 97.0% of their asking price on average and the community was carrying 7.4 months of supply.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Bishop McNally High SchoolCatholic (CCSD) · Senior High · 212 m · about 2 mins by carSchool website
  • Terry Fox SchoolPublic (CBE) · Junior High · 419 m · about 2 mins by carSchool website
  • Falconridge SchoolPublic (CBE) · Elementary · 675 m · about 2 mins by carSchool website
  • Lester B. Pearson High SchoolPublic (CBE) · about 8 mins by carSchool website

Distances and drive times are measured from the centre of Falconridge, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Falconridge

DestinationBy carBy transit
Downtown Calgary21 mins49 mins
University of Calgary22 mins50 mins
Foothills Medical Centre24 mins52 mins
Mount Royal University25 mins1 hour 16 mins
Calgary International Airport13 mins37 mins
Westside Recreation Centre30 mins1 hour 10 mins

Off-peak estimates measured from the centre of Falconridge, not from this address. Live traffic varies.

Who lives in Falconridge

  • 10,325Population
  • 3.2Average household size
  • 63%Owner-occupied households
  • $83KMedian household income
  • 24%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Falconridge census profile →

Questions about this home

Is 219 Falwood Way NE for sale?

Yes. 219 Falwood Way NE in Falconridge is an active MLS® listing (MLS® A2340555). It has been on the market 50 days. Listing data last updated 2026-10-16.

What is the asking price of 219 Falwood Way NE?

219 Falwood Way NE in Falconridge is listed at $554,900.

How many bedrooms and bathrooms does 219 Falwood Way NE have?

219 Falwood Way NE in Falconridge has 3 bedrooms and 3 bathrooms. The listing records 1,140 sq ft above grade. It is a detached house.

How does the asking price of 219 Falwood Way NE compare with the Falconridge market?

Its $554,900 asking price is about 21% above the $460,000 median sale price for detached homes in Falconridge (October 2025 – September 2026, 53 sales). Medians are not adjusted for size, age or condition.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

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