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$489,800

63 Falshire Place NE

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Beds

6

Baths

2

Sqft

Year

1982

Type

Single Family

Suite

Illegal suite mentioned

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This bright and spacious 6 bedrooms bungalow offers comfortable living for all stages of life. Ideal for a growing family or those seeking easy accessibility, the home features only one step at the front entrance. The main floor includes a large living area, a spacious kitchen with laundry, three generously sized bedrooms, and 4-piece bathroom. The fully developed basement features a spacious illegal suite , very easy to legalize. It offers three bedrooms with large windows, a kitchen, living room, full bathroom, separate laundry, and a separate entrance—perfect for extended family or rental income. Recent updates include new windows and a newer roof completed within the last few years, along with a new front driveway. The fully fenced backyard boasts mature fruit trees and access to a paved back lane. Ample street parking is available. Located on a quiet cul-de-sac, this home is just a short walk to a K–6 school, with a nearby junior high. Easy access to major roads and close proximity to amenities complete this fantastic opportunity. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Falconridge
Common interest
Freehold
Living area
1,055 square feet
Lot size
324 square meters
Lot dimensions
324.00
Bedrooms
3 above grade, 3 below grade
Parking
2 total
Stories
1
On market
Mar 29, 2026
Status changed
May 1, 2026
Annual tax
$2,842 (2025)
Zoning
R-CG
Photos
50
MLS#
A2297314
Area
CALGARY_NE

Features and systems

Parking

Parking PadOther

Basement

FinishedFullSeparate entranceSuite

Appliances

WasherRefrigeratorDishwasherStoveDryerHood FanWindow CoveringsWasher & Dryer

Heating

Forced air

Cooling

None

Exterior

Vinyl siding

Construction

Wood frame

Flooring

LaminateVinyl Plank

Foundation

Poured Concrete

Lot

Cul-de-sacBack lane
Positive cash flow ~$233/mo at these assumptions

Cash on cash

2.85%

Cap rate

5.43%

GRM

12.4

Break-even rent

$3,055

Financing

Down payment$97,960
Loan amount$391,840
Mortgage$1,985/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$224
Insurance$80
Maintenance$408
CapEx reserve$204
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,985/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 1, 2026.

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