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$999,000
Alberta,Calgary
For Sale Active
48 Northmount Drive NW, Calgary, Alberta T2K3E9
  • 4
  • 2
  • 1,074 Sqft
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Basic Details
Description

Builder / Investor Alert — Rare redevelopment opportunity in Thorncliffe withDevelopment Permit in place. This property comes with an approved Development Permit for aproposed 4-plex with 4 legal basement suites, creating a total of 8 rental units uponcompletion, subject to the buyer’s review of all City approvals, permit conditions, drawings, andrequirements. This is an excellent opportunity for builders, developers, and

investors looking fora project with major planning steps already advanced. Please review the attached DP drawingsand related documents.The existing property is currently rented and generating approximately $2, 894 per month plusutilities, providing holding income while the buyer prepares for future development. Viewingscan be arranged with 24 hours’ notice for serious buyers only, as the property is tenantoccupied.Located in the highly desirable and established community of Thorncliffe, this bungalow sits ona beautiful tree-lined street directly facing a playground. The location offers excellent access toschools, parks, public transit, shopping, recreation facilities, and major routes. Bus Route No. 20provides convenient access to the University of Calgary in approximately 25 minutes.The existing home features 4 bedrooms total, original hardwood flooring, and several updatesover the years. The main level includes 2 bedrooms, a 4-piece bathroom, a bright and spaciousliving 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-sizedfamily room, full kitchen, bathroom, large laundry area, and additional storage/workshop space. (id:64429)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2320958
  • Price: $999,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1,074 Sqft
  • Year Built: 1956
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 260054
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full, Walk-up, Separate entrance, Suite
  • Fence: Fence
  • Parking: Parking Pad, Other
  • Architectural Style: Bungalow
  • Exterior Features: Aluminum siding
  • Flooring: Tile, Laminate
Address Map
  • Location: CA, Alberta, Calgary, Thorncliffe, T2K3E9
  • Street: Northmount
  • Street Number: 48
  • Street Suffix: Drive
  • Longitude: W115° 56' 2.8''
  • Latitude: N51° 6' 10.4''
  • Street Dir Suffix: Northwest
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 557.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3737
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Listing updated: 2026-06-19 05:49:36
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Listing Information
  • List Agent Key: 1446077
  • List Office Key: 260054
  • Modification Timestamp: 2026-06-16T17:35:22Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-06-16T17:33:06Z
Powered by REALTOR.ca
Listing updated: 2026-06-19 05:49:37
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