MLS #A2353987 image #0
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!
Current real estate data for Single Family in Calgary as of Nov 06, 2026
3,352
Single Family Listed
50
Avg DOM
489
Avg $ / SqFt
$873,929
Avg List Price

Property Details

Price:
$849,000
MLS #:
A2353987
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Highwood
Listed Date:
Oct 22, 2026
Finished Sq Ft:
919
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1955
HighwoodFullBack Yard,front Yard,landscaped,low Maintenance Landscape

Schools

Interior

Appliances
Built- In Refrigerator, Electric Range, Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Unit

Exterior

Exterior Features
Private Entrance
Lot Features
Back Yard, Front Yard, Landscaped, Low Maintenance Landscape
Parking Features
Off Street, Parking Pad
Parking Total
3
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

Map

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Property Summary

    Located in the Highwood subdivision, 487 Northmount Drive NW Calgary AB is a Single Family for sale in Calgary, AB, T2K3J1. It is listed for $849,000 and features 4 beds, 2 baths, and has approximately 919 square feet of living space, and was originally constructed in 1955. The current price per square foot is $924. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $873,929. To schedule a showing of MLS#a2353987 at 487 Northmount Drive NW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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