All photos · 36
487 Northmount Drive NW
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!
- Listed
- Oct 22, 2026
- Property type
- Detached
- Year built
- 1955
- Parking total
- 3
- Basement
- Full
- Heating
- Central
- Cooling
- None
| Bedroom | Main | 10'6" x 8'10" |
| Bedroom | Main | 10'0" x 13'3" |
| 4pc Bathroom | Main | 6'11" x 4'11" |
| Dining Room | Main | 92'2" x 8'11" |
| Kitchen | Main | 12'5" x 13'3" |
| Living Room | Main | 10'5" x 17'4" |
| 4pc Bathroom | Basement | 4'8" x 6'1" |
| Bedroom | Basement | 10'10" x 13'11" |
| Bedroom | Basement | 10'9" x 11'5" |
| Game Room | Basement | 10'10" x 10'0" |
| Laundry | Basement | 11'0" x 10'1" |
| Furnace/Utility Room | Basement | 3'10" x 4'9" |
| Furnace/Utility Room | Basement | 3'7" x 8'3" |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$4,171
Down payment: $169,800 · Loan: $679,200
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
eXp Realty · Listing agent Arinze Ezeo
MLS®# A2353987 · Last modified 2026-11-04
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James Hughes, REALTOR® · CIR Realty