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For sale · Highwood

487 Northmount Drive NW

Single Family · MLS® A2353987

For sale$849,000Listed · Oct 22, 2026

487 Northmount Drive NW

MLS® A2353987HighwoodListed 19 days ago
$849,000$924/ sqft
TypeDetached
Area919 SF
Year built1955
Beds4
Baths2
Lot size557 square meters
More details (16)
Lot size
557 square meters
Parking
3
Stories
1
Annual tax
$3,684
Tax year
2026
Bedrooms above grade
2
Bedrooms below grade
2
Style
Bungalow
Basement
Finished · Full · Separate entrance · Suite
Parking features
Parking Pad · Other
Heating
Central heating
Cooling
None
Flooring
Hardwood · Laminate
Construction
Wood frame
Foundation
Poured Concrete
Lot dimensions
557.00

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! (id:67383)

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Calgary location and public civic context

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Highwood

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Updated · Nov 9, 2026

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Listing data and photos provided through CREA DDF. REALTOR.ca is the source of record.