Data was last updated 2026-10-23 at 01:50:05 GMT
$895,000

487 Northmount Drive NW   Calgary, Alberta

MLS®: A2353987
URL:    
RC-G ZONED LOT! INVESTOR ALERT: RARE FIND! Skip the red tape. The hard part is already done! This is one of 3 adjacent Development Permit (DP) approved re-development lots in the area. We have two more units available in the area, please let me know if interested in other units. RARE FIND ? Development Permit (DP) approved. You can currently build a 4-plex on this. The DP is also approved for a legal basement suite for each unit (total of 8 units). A copy of the proposed 4-plex is added to this listing. APPROVED DP: FRONT TWO UNITS: Main House ? 3 Bed, 2 Bath. Legal Basement Suite: 2 Bed, 1 Bath BACK TWO UNITS: Main House ? 2 Primary Bed, 2 Bath. Legal Basement Suite: 2 Bed, 1 Bath There is currently a move-in ready home on this lot. The current home comes with a ?non-legal? basement suite with a separate entrance ? ready for rent and immediate income if needed while you plan for redevelopment. This location is only about 10 mins from downtown Calgary. Total current living space of over 1750 sq ft. Total of 4 Bedrooms. The current upper unit is super bright and has total of 2 bedrooms; well-lit and functional floor plan. The basement suite also has 2 additional bedrooms and a separate entrance. The home is very accessible ? about 10 mins drive away from downtown. Bus stops, schools, library, multiple grocery stores, green spaces, parks, clinic and more are all few mins away. This is your opportunity to own a prime lot and build a 4-plex with strong cash flow in a top location. Booking your showing today!

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
2
Neighbourhood:
Highwood
Area:
Calgary
Province:
Alberta
MLS® Number:
A2353987
Listing Price:
$895,000

General Information

Year Built:
1955
Total Square Feet:
919ft2

Additional Information

Basement Dev:
Full
Parking:
Off Street, Parking Pad

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
 

Image Gallery

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Location


Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
Office: 403-478-1400
Mobile: 403-478-1400
Fax: 403-592-9201
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.