48 Northmount DR NW, Calgary, AB T2K3E9
48 Northmount DR NW, Calgary, AB T2K3E9
48 Northmount DR NW, Calgary, AB T2K3E9
48 Northmount DR NW, Calgary, AB T2K3E9
48 Northmount DR NW, Calgary, AB T2K3E9
48 Northmount DR NW, Calgary, AB T2K3E9
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$ 999,000
Est. payment | /mo

4 Beds

2 Baths

1,074 SqFt


Save
$ 999,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,074 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,074 sqft

Price per Sqft $930

Subdivision Thorncliffe

MLS® Listing ID A2320958

Style Bungalow

Bedrooms 4

Full Baths 2

Year Built 1956

Annual Tax Amount $3,737

Tax Year 2026

Lot Size 5,995 Sqft

Acres 0.14

Lot Dimensions 18.29 X30.49

Property Sub-Type Detached

Source Calgary

Property Description

Builder / Investor Alert — Rare redevelopment opportunity in Thorncliffe with
Development Permit in place. This property comes with an approved Development Permit for a
proposed 4-plex with 4 legal basement suites, creating a total of 8 rental units upon
completion, subject to the buyer's review of all City approvals, permit conditions, drawings, and
requirements. This is an excellent opportunity for builders, developers, and investors looking for
a project with major planning steps already advanced. Please review the attached DP drawings
and related documents.
The existing property is currently rented and generating approximately $2,894 per month plus
utilities, providing holding income while the buyer prepares for future development. Viewings
can be arranged with 24 hours' notice for serious buyers only, as the property is tenant
occupied.
Located in the highly desirable and established community of Thorncliffe, this bungalow sits on
a beautiful tree-lined street directly facing a playground. The location offers excellent access to
schools, parks, public transit, shopping, recreation facilities, and major routes. Bus Route No. 20
provides convenient access to the University of Calgary in approximately 25 minutes.
The existing home features 4 bedrooms total, original hardwood flooring, and several updates
over the years. The main level includes 2 bedrooms, a 4-piece bathroom, a bright and spacious
living room, dining area, and a functional kitchen with good space for cooking and entertaining.
The lower level includes an illegal basement suite with 2 additional bedrooms, a good-sized
family room, full kitchen, bathroom, large laundry area, and additional storage/workshop space.

Location

Province AB

County Calgary

Area Cal Zone N

Zoning R-CG

Direction S

Rooms

Basement Full

Interior

Interior Features Separate Entrance

Heating Forced Air

Cooling None

Flooring Laminate, Tile

Inclusions NONE

Appliance Dryer, Electric Stove, Refrigerator, Washer

Laundry In Basement

Exterior

Parking Features Off Street, Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Lot Frontage 60.0

Total Parking Spaces 3

Building

Lot Description Back Lane, Back Yard, Cleared, Front Yard, Gentle Sloping

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Aluminum Siding ,Wood Frame

Others

Restrictions None Known

Tax ID 111972960

Ownership Private

Listed by Royal LePage METRO

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48 Northmount DR NW

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