48 Northmount Drive NW, Calgary, Alberta

Residential For Sale in Calgary, Alberta

$999,000

Residential
Property Type
4
Bedrooms
2
Bath
0
Garage
1,074
Sq Ft
1956
Year Built

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.

Street Address:	48 Northmount Drive NW
City:	Calgary
Province/State:	Alberta
Postal Code:	N/A

County/Parish:	Calgary
Subdivision:	Thorncliffe
Country:	Canada
Latitude:	51.10289789
Longitude:	-114.06588985

MLS® Number:	A2320958
Price:	$999,000
Property Area:	1,074 Sq ft
Bedrooms:	4
Bathrooms Half:	0
Bathrooms Full:	2
Living Area:	1,074 Sq ft
Building Area:	0 Sq ft

Year Built:	1956
Listing Date:	Jun 15, 2026
Garage Spaces:	0
Property Type:	Residential
Property Subtype:	Detached
MLS Status:	Active

Additional Details

Flooring:	N/A
Construction:	Aluminum Siding ,Wood Frame
Parking:	Off Street,Parking Pad
Appliances:	Dryer,Electric Stove,Refrigerator,Washer

Stories:	N/A
Zoning:	R-CG
Fireplace:	N/A
Amenities:	Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths

Utilities & Systems

Heating:	Forced Air
Cooling:	None

Property Type	Residential
Building Type	Detached
Square Footage	1,074 sqft
Community Name	Thorncliffe
Subdivision Name	Thorncliffe

Title	Fee Simple
Land Size	5,995 sqft
Built in	1956
Annual Property Taxes	Contact listing agent
Parking Type	Off Street

Bedrooms

Above Grade

Bathrooms

Total	2
Partial	0

Interior Features

Appliances Included	Dryer, Electric Stove, Refrigerator, Washer
Flooring	Laminate, Tile

Building Features

Features	Separate Entrance
Construction Material	Aluminum Siding , Wood Frame
Structures	None

Heating & Cooling

Cooling	None
Heating Type	Forced Air

Exterior Features

Exterior Finish

Aluminum Siding , Wood Frame

Neighbourhood Features

Community Features	Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Amenities Nearby	Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths