$895,000
487 Northmount Drive NW
Highwood, Calgary, Alberta
About this home
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. (id:66681)
Property details
- Bedrooms
- 4
- Bathrooms
- 2
- Half baths
- 0
- Year built
- 1955
- Property type
- Residential
- Building type
- Bungalow
- Appliances
- See remarks
- Parking
- Other, Street (3)
- Zoning
- R-CG
- Community
- Highwood
- MLS®
- A2347308
- Days on market
- 0
Location
Listing information last updated 18h ago. Provided by the listing brokerage via CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only. Actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$179,000 (20%)
$4,366 / month
First payment: $3,239 interest, $1,127 principal
