196 Fonda Drive SE

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$424,900

196 Fonda Drive SE

Forest Heights, Calgary · MLS® A2320858

333

976 sq ft · 315 m² lot · House · Single Family · built 1986 · 134 days on market

listed by Trach Luong, Grand Realty

realtor's description

** 3-PLEX RENTAL ** Rare investment opportunity, this property has 3 SELF-CONTAINED UNITS (main floor 3 bedroom suite plus 2 illegal studio suites in basement) total of 3 kitchen, 3 full bathrooms, 2 laundry areas (main floor suite has in-unit laundry and other 2 share common area with laundry area) and 3 NEW GRAVEL PARKING PADS front driveway that can park 3 cars on the property (tandem on left side, and 1 on the right side). Upgrades include LUXURY SHOWER PANEL SYSTEM AT ALL BATHTUBS, newer vinyl plank flooring throughout, STONE COUNTER-TOPS, and new paint. Perfect for an owner family to live upstairs since it has 3 bedrooms with a spacious kitchen, dining room, and living room with a balcony overlooking the front yard. Exceptional rentals for the 2 studio lower units (illegal) that's great for young couples or individual students and workers, fetching up to $700-850 per unit. Note each unit has bright large windows because the structure is a BI-LEVEL with common entrance front door and then each unit door respectively. Don't miss out on this rare LIVE UP/ RENT DOWN smart investment. Appliances include 3 stoves, 3 fridges, 2 washers and 2 dryers, and 3 hood fans. QUIET STREET, located close to all levels of schools, public transportation, and shopping, this is an AMAZING PROPERTY!

property details

type: House, Single Family
bedrooms: 3
bathrooms: 3
living area: 976 sq ft
lot: 315 m²
parking: 3
year built: 1986
property tax: $2,909 / yr
days on market: 134
MLS®: A2320858

features

See remarks
Refrigerator
Stove
Washer/Dryer Stack-Up

monthly cost

$2,094/mo

Mortgage $1,851 · Tax $242

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,851/ monthly

loan $339,920

25-year amortization

down payment20% · $84,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $215,455
land title fees: $865; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $85,845; down + land title fees
total paid: $555,375

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Forest Heights, CalgaryGoogle Maps ↗

Rapid transit: Marlborough CTrain station, 1.1 km (about 17 min walk); Franklin CTrain station, 1.6 km (about 25 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Keeler School498 m
Middle · CBE Ernest Morrow School938 m
Secondary · CBE Forest Lawn High School939 m
Elementary · Catholic Holy Family School1.3 km
Middle · Catholic Bishop Kidd School1.8 km
Secondary · Catholic Father Lacombe School895 m

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

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