487 Northmount Drive NW — photo 1
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Detached

$895,000

487 Northmount Drive NW, Highwood, Calgary, Alberta

4
Beds
2
Baths
919 sqft
Floor area
Oct 22, 2026
Listed
Property Description

RC-G ZONED LOT! INVESTOR ALERT: 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. 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 “illegal” 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! NB: We have two other units with approved DPs for a 4-plex around the same area, you can connect with me if you need more information.

Features & Amenities
Separate Entrance
Storage
Private Entrance
Additional Information
MLS®
A2353987
Type
Detached
Status
Active
Year built
1955
Neighbourhood
Highwood
Lot size
—
Days on market
0 days
Brokerage
eXp Realty
Location

487 Northmount Drive NW, Calgary, Alberta T2K3J1

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