47, 3705 Fonda Way SE

1 / 10

$219,000

47, 3705 Fonda Way SE

Forest Heights, Calgary · MLS® A2341982

311

1,087 sq ft · Townhouse · Single Family · built 1978 · 53 days on market

listed by Matthew Mai, CIR Realty

realtor's description

Price to Sell. 2-Storey Townhouse in Forest Heights. 3 bedrooms, 1 bathroom. Great location. This is a foreclosure sale. Property is sold as-is, where is. Information on this listing might be incorrect. Prospective buyers/agents are encourage to do their own due diligence.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,087 sq ft
parking: 1
year built: 1978
property tax: $1,785 / yr
strata fee: $369 / mo ($0.34 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 53
MLS®: A2341982

features

Parking
Pets Allowed With Restrictions
Stove

city assessment

$268,500

2026 assessment · market value as of July 1, 2025

Up 22.9% from $218,500 in 2025
$169,000 in 2016 (59% over ten years)
Asking price is 18% below the assessment
Built 1978
Lot 11,979 m² (128,941 sq ft)

roll year	assessed
2026	$268,500
2025	$218,500
2024	$167,000
2023	$160,000
2022	$151,000
2021	$151,500
2020	$153,500
2019	$167,500

From City of Calgary open data (property assessments), matched to 47 3705 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 $1,785 a year

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

The listing shows $1,785 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.

monthly cost

$1,472/mo

Mortgage $954 · Tax $149 · Strata $369

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

estimated payment

$954/ monthly

loan $175,200

25-year amortization

down payment20% · $43,80020%+ 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: $111,049
land title fees: $500; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $44,300; down + land title fees
total paid: $286,249

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: $2,090/mo
after all costs: $276/mo
cap rate: 6.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $954 · tax $149 · strata $369 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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