Jerry Charlton Real Estate
Jerry Charlton, REALTOR®eXp Realty · Buyers only
Call 403 831 0842

104 Falmere Way NE, Calgary, AB T3J 2Y5

$387,000
Bank Owned
2 Storey Detached in Falconridge · MLS® A2338982
Size1,058 sq ftAbove grade
Beds3 + 1Above + below grade
Baths2 full
BasementFull, Finished421 sq ft finished
ParkingSingle Garage Detached
Year built1988
Days on market57
Listed by RE/MAX House of Real Estate, who represents the seller, not buyers.

Monthly cost to own

Mortgage payment$1,764/mo$309,600 loan · 4.79% 5-yr fixed · 25 yr
Tax + condo fee$259/mo$259 tax
Total monthly$2,023/mo$77,400 down (20%) · excludes insurance, utilities

Investor snapshot

Price / sq ft$366
vs. 2026 city assessment17% below ($467,500)
OccupancyVacant

Buying a bank owned in Alberta

  • 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.

I represent buyers only and negotiate these regularly. Call me before you write an offer.

About this property

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.

Location