8, 3800 Fonda Way SE

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$199,000

8, 3800 Fonda Way SE

Forest Heights, Calgary · MLS® A2343011

311

1,229 sq ft · Townhouse · Single Family · built 1978 · 50 days on market

listed by Matthew Mai, CIR Realty

realtor's description

Cozy 3 bedroom townhouse in Forest Heights. Open Floor plan, spacious living room with private balcony looking out to a green space for relaxing. Kitchen has lots of cupboard space perfect for meal prep. There is a good-sized bedroom on the same floor, and upstairs there are 2 more bedrooms with huge primary bedroom and a walk-in closet. In-suite laundry and a generous storage room provide practical functionality for busy lifestyles. This unit comes with 1 parking stall and lots of street parking around. It is professionally managed, pet friendly with Board approval. Ideally located just minutes from parks, schools, Marlborough Mall, restaurants, and major transit routes including the LRT, this home is close to everything you need. Book your showing today.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,229 sq ft
parking: 1
year built: 1978
property tax: $1,775 / yr
strata fee: $450 / mo ($0.37 / sq ft)
days on market: 50
MLS®: A2343011

features

Other
Parking
Washer
Refrigerator
Stove
Dryer

city assessment

$267,000

2026 assessment · market value as of July 1, 2025

Up 20.0% from $222,500 in 2025
$177,500 in 2016 (50% over ten years)
Asking price is 25% below the assessment
Built 1978
Lot 13,698 m² (147,444 sq ft)

roll year	assessed
2026	$267,000
2025	$222,500
2024	$170,000
2023	$147,000
2022	$134,500
2021	$125,000
2020	$123,500
2019	$172,000

From City of Calgary open data (property assessments), matched to 8 3800 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 $1,776 a year

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

The listing shows $1,775 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

$1,465/mo

Mortgage $867 · Tax $148 · Strata $450

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

estimated payment

$867/ monthly

loan $159,200

25-year amortization

down payment20% · $39,80020%+ 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: $100,907
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,260; down + land title fees
total paid: $260,107

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: $283/mo
cap rate: 6.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $867 · tax $148 · strata $450 · 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