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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

40, 3745 Fonda Way SE
homes for sale · Calgary · Forest Heights
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$214,900

40, 3745 Fonda Way SE

Forest Heights, Calgary · MLS® A2341359

211

914 sq ft · Townhouse · Single Family · built 1978 · 55 days on market

listed by Dawson Alexander, Real Broker

realtor's description

Getting into the Calgary real estate market doesn’t have to mean stretching your budget.Welcome to #40, 3745 Fonda Way SE. A 2-bedroom, 1-bathroom bungalow-style end unit townhouse offering 913 sq. ft. of single-level living, making it an approachable option for first-time buyers, down sizers and investors alike.Inside, the layout is simple, functional and surprisingly spacious. The living and dining area features a wood-burning fireplace and opens directly onto your private fenced patio, giving you your own outdoor space without the price tag or maintenance of a detached home. The kitchen offers plenty of cabinet and counter space, while two well sized bedrooms and a full 4-piece bathroom complete the home.The location keeps everyday life convenient, with shopping, schools, parks, restaurants and transit nearby, along with quick access to 17 Avenue SE and Memorial Drive to connect you with the rest of Calgary.For a first-time buyer, this is an opportunity to stop renting and start building equity of your own. For an investor, it’s an approachable way to add a 2-bedroom property in an established Calgary community to your portfolio.Affordable. Functional. Single-level. Well connected. And an opportunity to get into Calgary real estate at a price point that’s getting harder to find.

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
1
living area
914 sq ft
parking
1
year built
1978
property tax
$1,742 / yr
strata fee
$417 / mo ($0.46 / sq ft)
strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
listed by
Dawson Alexander
Real Broker
call Dawson · 587-226-8253
Powered by: REALTOR.ca
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similar homes nearby

55
MLS®
A2341359

features

  • No Smoking Home
  • Parking
  • Pets Allowed
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator

monthly cost

$1,498/mo
Mortgage $936 · Tax $145 · Strata $417

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

estimated payment
$936/ monthly
loan $171,920
25-year amortization
total interest
$108,970
land title fees
$490
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$43,470
down + land title fees
total paid
$280,890

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

if you rented it out

rent
$1,840/mo
after all costs
$19/mo
cap rate
5.3%
yearly net rent ÷ price

Costs: mortgage $936 · tax $145 · strata $417 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Sir Wilfrid Laurier School832 m
  • Secondary · CBE Discovering Choices II721 m
  • Elementary · Catholic Holy Family School776 m
  • Middle · Catholic Bishop Kidd School1.4 km
  • Secondary · Catholic Father Lacombe School419 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Forest Heights, CalgaryGoogle Maps ↗

Rapid transit: Marlborough CTrain station, 800 m (about 13 min walk); Franklin CTrain station, 1 km (about 16 min walk).

location

Forest Heights, CalgaryGoogle Maps ↗

Rapid transit: Marlborough CTrain station, 800 m (about 13 min walk); Franklin CTrain station, 1 km (about 16 min walk).

Drive times
  • Janus Academy4 min
  • Father Lacombe5 min
  • Bow Valley College9 min
  • Downtown Calgary12 min
  • Sheldon M. Chumir Health Centre14 min
  • YYC airport18 min
80

Walkability 80/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 18 places to eat or drink, 14 parks and playgrounds, 1 school, 16 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

city assessment

$262,000

2026 assessment · market value as of July 1, 2025

  • Up 14.7% from $228,500 in 2025
  • $195,500 in 2016 (34% over ten years)
  • Asking price is 18% below the assessment
  • Built 1978
  • Lot 16,428 m² (176,829 sq ft)
roll yearassessed
2026$262,000
2025$228,500
2024$178,000
2023$160,000
2022$151,500
2021$154,000
2020$159,000
2019$167,500

From City of Calgary open data (property assessments), matched to 40 3745 FONDA WY SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,742 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $1,742 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

69, 3745 Fonda Way SE, Calgary
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Townhouse
$255,000
4methe deep dive
69, 3745 Fonda Way SE
Forest Heights, Calgarylisted today
listed by CIR Realty
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45, 3745 Fonda Way SE, Calgary
45, 3745 Fonda Way SE, Calgary, photo 2
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Townhouse
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4, 4547 7 Avenue SE, Calgary, photo 2
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4, 4547 7 Avenue SE, Calgary, photo 4
4, 4547 7 Avenue SE, Calgary, photo 5
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4, 4547 7 Avenue SE, Calgary, photo 8
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8, 3800 Fonda Way SE, Calgary
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8, 3800 Fonda Way SE, Calgary, photo 7
8, 3800 Fonda Way SE, Calgary, photo 8
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47, 3705 Fonda Way SE, Calgary
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47, 3705 Fonda Way SE, Calgary, photo 8
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7, 3800 Fonda Way SE, Calgary
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