Listed By:
Royal LePage METRO
Address
48 Northmount Drive Nw, Calgary, AB
Price
$ 899,000
Property Attributes
  • ID#A2320958
  • TypeSingle Family
  • Listing Status Active
  • CityCalgary
  • AreaCAL Zone N
  • NeighbourhoodThorncliffe
  • Postal CodeT2K 3E9
  • StyleBungalow
  • Year Built1956
  • Price$ 899,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1074
  • Lot Size0.137626 Acres
Data Source:
Pillar 9 Technologies
Property 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.

* Sold date and price as reported on the RAE's MLS® System.

Price History
6/16/2026 Listed $999,000
7/9/2026 11$899,000

General Features

Heating Forced Air
Cooling None
Roof Asphalt Shingle
Appliances Dryer,Electric Stove,Refrigerator,Washer
Zoning R-CG
Restrictions None Known
Year Built 1956
Architectural Style Bungalow
Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
Levels One
Property Subtype Detached
Transaction Type For Sale
County Calgary
Property Type Residential
Subdivision Name Thorncliffe
Parking Total 3
Construction Materials Aluminum Siding,Wood Frame
District CAL Zone N
Full Baths 2
Status Active
City Calgary
Basement Development Finished
Structure Type House
Standard Status Active
Condo Type Not a Condo
Suite Yes

Interior Features

Interior Features Separate Entrance
Basement Full
Flooring Laminate,Tile
Basement Features Separate/Exterior Entry,Walk Up
Bedrooms Above Grade 2
Rooms Above Grade 5
Total Bedrooms 4
Below Grade Finished Area Unit Type SquareFeet
Total Baths 2
Laundry Features In Basement
Main Level Finished Area 1074.00
Main Level Finished Area Metres 99.78
Main Level Finished Area SF 1074.00
Main Level Finished Area Srch Sq 1074.00
Main Level Areas SquareFeet

Exterior Features

Exterior Features Playground,Private Entrance
Lot Features Back Lane,Back Yard,Cleared,Front Yard,Gentle Sloping
Fencing Fenced
Inclusions NONE
Parking Features Off Street,Parking Pad
Frontage Length 18.29M 60`0
Foundation Poured Concrete
Lot Size Dimensions 18.29 X30.49
Lot Size Acres 0.14
Lot Size Square Feet 5995
Frontage Ft 60.00
Patio And Porch Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T2K 3E9

Price
AVG $900K
$900K
Year Built
AVG 1956
1956
Visits
AVG 330
320
Data Provided by Inside Real Estate®

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