Map
Listed price in listed location currency (CAD).
$999,000

423

MLS® A2320958

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1074 sqft
Garage 
Taxes 
Days Active 5
Lot Size 0.14 Acres
Approx. Age 1956
Avg. Price Per Sqft $930
MLS® Number A2320958

Property Address: 48 Northmount Dr Nw, Calgary, AB, T2K3E9

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA2320958
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
BasementFull
DrivewayOff Street, Parking Pad
Garage Spaces
HeatForced Air
A/CNone

Extras

Rooms

Other:Main FloorNot available
Kitchen:Basement9.42 × 9.84 ft
Living Room:Main Floor13.84 × 20.25 ft
Other:BasementNot available
Other:Basement9.84 × 15.67 ft
Other:Main Floor10.17 × 10.25 ft
Other:Main Floor10.42 × 12 ft
Other:Basement8.67 × 9.59 ft
Dining Room:Main Floor8.34 × 9.92 ft
Other:Basement10.17 × 11.67 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$999,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $576,000 and $1,211,000.
Similar properties in this area sold on average for: $576,860
Expected to sell in 12 days. Similar properties sold in 17 days. This home has been on Zoocasa for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
48 Northmount Dr Nw, Calgary, AB

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