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65 Falmere Way NE
Beds
5
Baths
4 full + 1 half
Sqft
1,480
Year
1988
Type
Single Family
On market
29d
ILLEGAL BASEMENT SUITE | LOCATION | Attention Investors & First-time home buyers, Fabulous 2-storey home with over 2,100 sq. ft. of developed living space, featuring 5 bedrooms and 3.5 bathrooms. This well-maintained property offers a bright living room, spacious dining area, functional kitchen, and a beautifully designed family room — perfect for growing families.Ideally located with easy access to all amenities including Co-op, schools, public transit, and the Genesis Centre, making it convenient for all age groups.The main floor welcomes you with a versatile den featuring a vaulted ceiling, leading into an upgraded kitchen complete with 3 cm granite countertops and fully functional appliances to make cooking and entertaining enjoyable. Hardwood and laminate flooring throughout the main level add warmth and elegance, along with a convenient half bathroom.Carpeted stairs lead to the cozy second floor, which offers a spacious primary bedroom with large closets and a private ensuite bathroom, along with two additional bedrooms and a shared full bathroom.The fully developed basement with SEPARATE Entrance includes 2 bedrooms, 1 full bathroom, kitchen, a spacious living area, and a dining space.Additional highlights include concrete pads at both the front and back of the home, a deck, and a storage shed. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.00 Ft x 5.00 Ft | |
| Bedroom | 12.00 Ft x 18.08 Ft | |
| Bedroom | 11.92 Ft x 10.42 Ft | |
| Kitchen | 11.33 Ft x 18.08 Ft | |
| Laundry room | 7.58 Ft x 9.33 Ft | |
| Furnace | 3.58 Ft x 9.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.67 Ft x 4.17 Ft | |
| Dining room | 11.42 Ft x 18.50 Ft | |
| Family room | 14.75 Ft x 18.50 Ft | |
| Living room | 13.83 Ft x 16.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.00 Ft x 5.08 Ft | |
| 3pc Bathroom | 7.17 Ft x 5.08 Ft | |
| Bedroom | 11.42 Ft x 8.00 Ft | |
| Bedroom | 9.08 Ft x 10.17 Ft | |
| Primary Bedroom | 11.50 Ft x 13.08 Ft | |
| Other | 3.92 Ft x 5.08 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
3.62%
Cap rate
5.59%
GRM
12.1
Break-even rent
$2,995
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 18, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.