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Explore the stunning community of Discovery Ridge Calgary homes for sale. Nestled along the Elbow River, this highly sought-after neighborhood offers breathtaking natural beauty, luxurious homes, and a peaceful suburban setting.

Browse our Discovery Ridge real estate listings, featuring exquisite properties, including luxury homes for sale in Discovery Ridge Calgary. Many homes boast spacious interiors, high-end finishes, and large private lots.

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Start your home search today and find your ideal property in one of Calgary’s most desirable communities. Whether you're looking for a modern estate, a cozy family home, or a stylish townhouse, Discovery Ridge offers a diverse range of options.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

"Why Discovery Ridge, Calgary is the Perfect Place to Call Home"

Discovery Ridge is a residential neighbourhood located in the southwest of Calgary. It is known for its upscale homes and natural surroundings, including the Griffith Woods Park and the Elbow River. The neighbourhood was developed in the late 1990s and early 2000s, and it continues to be a popular destination for those looking for a luxury living experience close to nature.

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55 Falshire Terrace NE
Falconridge Calgary T3J 3B6

$359,999
Residential beds: 3 baths: 2.0 993 sq. ft. built: 1982

Main Photo: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 1: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 2: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 3: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 4: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 5: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 6: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 7: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 8: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 9: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 10: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 11: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 12: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 13: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 14: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 15: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 16: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 17: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 18: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 19: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 20: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 21: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 22: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 23: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 24: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 25: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 26: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Photo 27: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2236622
Bedrooms:
3
Bathrooms:
2
Year Built:
1982
Welcome to this beautifully maintained 3-bedroom, 2 full bathroom townhome in the vibrant, family-friendly community of Falconridge. Combining comfort, functionality, and convenience, this home is perfect for first-time buyers, growing families, or investors looking for a move-in-ready property with long-term rental potential. A standout feature is the modern full bathroom on the main floor, added in 2023, complete with a walk-in shower—ideal for guests. The main floor also boasts durable laminate flooring, a bright living room with a large bay window, and a cozy dining area that flows seamlessly into a well-appointed kitchen. The kitchen features stainless steel appliances, a dual-basin sink, sleek countertops, and ample cabinetry. Step through sliding glass doors into your private, fully fenced backyard with a patio, perfect for summer gatherings or quiet relaxation. Upstairs, you'll find three spacious bedrooms, all with plush carpeted flooring. The primary bedroom is a peaceful retreat with ample closet space and direct access to a Jack-and-Jill style ensuite. A second full bathroom and two additional bedrooms complete this level. The unfinished basement offers endless potential for future development, with laundry, roughed-in plumbing, and ample storage, including space under the stairs—ideal for a home gym, office, or recreation room. Additional highlights include two parking stalls—one assigned and one currently rented—and a generous shared green space just beyond the great sized backyard, perfect for gatherings and community events. Recent upgrades include a newly built full washroom on the main floor, fresh paint completed in 2023, and updated furnace and hot water tank—both replaced within the last five years. Located just minutes from schools, playgrounds, shopping, and essential amenities, this home truly checks all the boxes. The property is currently tenant-occupied, and the tenant is interested in continuing a long-term lease, making this a fantastic investment opportunity. Book your private showing today and explore the comfort, value, and potential this charming townhome has to offer!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey
Total Living Area:
992.8 sq. ft.
Condo Fee:
$410.89
Condo Fee Includes:
Common Area Maintenance, Insurance, Reserve Fund Contributions, Snow Removal, Trash
Front Exposure:
East
Unit Exposure:
East
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
1982 (Age: 43)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8410257
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Assigned, Stall
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Falconshire Lane
Falconridge
Trash, Visitor Parking
Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
None
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Dining Room
11' × 7'3"
Main Floor
Kitchen
11'4" × 8'1"
Main Floor
Living Room
16'4" × 11'10"
Upper Level
Bedroom
9'10" × 8'8"
Upper Level
Bedroom
9'10" × 9'1"
Upper Level
Bedroom - Primary
12' × 11'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
4'8" x 7'11"
Upper Level
Yes
4
4'11" x 8'8"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
No Animal Home
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
M-C1 d75
Listed Date:
Jul 03, 2025
  • Photo 1: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
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  • Photo 5: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Living Room
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  • Photo 9: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Main Floor full bath
  • Photo 10: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Dining area
  • Photo 11: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Photo 11 of 27
  • Photo 12: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Kitchen
  • Photo 13: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Photo 13 of 27
  • Photo 14: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
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  • Photo 15: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Primary
  • Photo 16: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Photo 16 of 27
  • Photo 17: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Jack and Jill Ensuite
  • Photo 18: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
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    Photo 22 of 27
  • Photo 23: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Unfinished Basement
  • Photo 24: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Photo 24 of 27
  • Photo 25: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Backyard
  • Photo 26: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Photo 26 of 27
  • Photo 27: 55 Falshire Terrace NE in Calgary: Falconridge Row/Townhouse for sale : MLS®# A2236622
    Assigned parking stall
Listed by Coldwell Banker Mountain Central
Data was last updated August 4, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$499,900
Min list price:
$274,900
Max list price:
$695,000
Avg days on market:
31
Min days on market:
3
Max days on market:
119
Avg price per sq.ft.:
$457.63
These statistics are generated based on the current listing's property type and located in Falconridge. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.