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DetachedActive

Highwood · Calgary

487 Northmount Drive NW, Calgary

$895,000

Highwood, Calgary, Alberta T2K 3J1 · MLS® A2347308

4
Bedrooms: 2
Bathrooms: 906
Sq ft above grade: $988
Per sq ft

About This Property

Click brochure link for more details 2-Line Headline (Builder Outreach). Approved DP for 4-Plex | Prime R-C2 Inner-City Lot (5,996 SF). 483 Northmount Dr NW – Ready-to-Build Opportunity with Holding Income. Exceptional redevelopment opportunity in NW Calgary. 483 Northmount Dr NW sits on a 557 sqm (5,996 sq ft) R-C2 zoned lot and comes with an approved development permit for a 4-plex, significantly reducing timeline and entitlement risk for builders. The existing 906 sq ft home, built in 1955, provides interim holding value and is configured with 2 bedrooms and 1 bathroom above grade, plus 2 bedrooms and 1 bathroom below grade with a separate entrance. Located on a quiet, tree-lined street with strong infill activity, the property offers excellent access to downtown, SAIT, the University of Calgary, transit, schools, and nearby amenities. With approvals already in place and favorable zoning, this is a plug-and-play development site in a high-demand inner-city corridor.

Secondary suite: 1 illegal suite

Location: Suite Attached/Within Primary Dwelling

Basement

An illegal suite is not registered with the city. It can affect insurance, financing and what you may legally rent out — ask before writing an offer.

Property Details

Interior

Bedrooms: 4
Bathrooms: 2 full
Rooms above grade: 5
Above grade: 906 sq ft
Total finished: 906 sq ft
Basement: Full · Finished
Laundry: In Basement, Main Level, Multiple Locations

Interior features

Separate Entrance
Storage

Flooring

Hardwood
Laminate

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1955
Front exposure: SW

Construction

Wood Frame
Wood Siding

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air, Natural Gas
Cooling: None

Parking

Garage: None
Parking: Driveway, Front Drive, Off Street, On Street
Total parking: 3 spaces

Lot & outdoors

Lot size: 5,995 sq ft
Acreage: 0.14 acres
Frontage: 18.28 ft
Fencing: Fenced

Lot features

Back Lane
Back Yard
Landscaped

Outdoor living

Front Porch

Exterior features

Private Yard

In the community

Playground
Schools Nearby
Shopping Nearby

Costs & ownership

Annual property tax: $3,684 (2026)
Title: Fee Simple
Ownership: Private
Zoning: R-CG
Restrictions: Call Lister

Listing & availability

MLS® number: A2347308
Listed: Sep 23, 2026
Days on market: 2
Possession: Negotiable
Listing office: Honestdoor Inc.

Included in the sale

Other inclusions: Contact Seller Directly

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$4,265.89/mo

Mortgage: $3,958.89
Property tax: $307.00

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Listed by Honestdoor Inc.

Data provided under license by Pillar 9™.

Listing data updated Sep 24, 2026, 8:35 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation