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487 Northmount Drive NW

487 Northmount Drive NW, Calgary, Alberta T2K3J1
$895,000
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HouseProperty Type
4Bedrooms
2Bathrooms
919 sqftArea Size
1955Year Built
3Parking

Description

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!

Address487 Northmount Drive NW
NeighbourhoodHighwood
CityCalgary
ProvinceAlberta
Postal CodeT2K3J1

Details

🔗 Updated on November 3, 2026 at 5:05 am
MLS® NumberA2353987
Price$895,000
Property TypeHouse
Living Area919 sqft
Bedrooms4 (2 above + 2 below grade)
Bathrooms2
Year Built1955
Storeys1
Lot Size557 square meters
Frontage5.57 meters
OwnershipFreehold
ZoningR-CG
Annual Property Tax$3,684 (2026)

Room Sizes

Main level
Bedroom8.83 Ft x 10.50 Ft
Bedroom13.25 Ft x 10.00 Ft
4pc Bathroom4.92 Ft x 6.92 Ft
Dining room8.92 Ft x 92.17 Ft
Kitchen13.25 Ft x 12.42 Ft
Living room17.33 Ft x 10.42 Ft
Basement
4pc Bathroom6.08 Ft x 4.67 Ft
Bedroom13.92 Ft x 10.83 Ft
Bedroom11.42 Ft x 10.75 Ft
Recreational, Games room10.00 Ft x 10.83 Ft
Laundry room10.08 Ft x 11.00 Ft
Furnace4.75 Ft x 3.83 Ft
Furnace8.25 Ft x 3.58 Ft

Interior & Systems

FlooringHardwood, Laminate
HeatingCentral heating
CoolingNone
BasementFinished, Full, Separate entrance, Suite

Appliances & Features

Refrigerator
Range - Electric
Washer & Dryer

Construction & Lot

FoundationPoured Concrete
Exterior FinishWood siding
ConstructionWood frame
Architectural StyleBungalow
FencingFence

Parking

Total Parking3
Parking TypeParking Pad, Other

Mortgage Calculator

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  • Down Payment $0
  • Loan Amount $0
  • Monthly Mortgage Payment $0
  • Property Tax $0
  • Home Insurance $0
  • Monthly HOA Fees $0

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