$895,000
487 Northmount Drive NWHighwood, Calgary, AB T2K3J1
- 4 beds
- 2 baths
- 919 sq ft
- Detached
Listing courtesy of eXp Realty · MLS® A2353987
About this home
RC-G ZONED LOT!
INVESTOR ALERT:
RARE FIND – Development Permit (DP) approved. You can currently build a 4-plex on this. The DP is also approved for a legal basement suite for each unit. A copy of the proposed 4-plex is added to this listing.
APPROVED DP:
FRONT TWO UNITS: Main House – 3 Bed, 2 Bath. Legal Basement Suite: 2 Bed, 1 Bath
BACK TWO UNITS: Main House – 2 Primary Bed, 2 Bath. Legal Basement Suite: 2 Bed, 1 Bath
There is currently a move-in ready home on this lot. The current home comes with a “illegal” basement suite with a separate entrance – ready for rent and immediate income if needed while you plan for redevelopment. This location is only about 10 mins from downtown Calgary. Total current living space of over 1750 sq ft. Total of 4 Bedrooms.
The current upper unit is super bright and has total of 2 bedrooms; well-lit and functional floor plan. The basement suite also has 2 additional bedrooms and a separate entrance.
The home is very accessible – about 10 mins drive away from downtown. Bus stops, schools, library, multiple grocery stores, green spaces, parks, clinic and more are all few mins away.
This is your opportunity to own a prime lot and build a 4-plex with strong cash flow in a top location. Booking your showing today!
NB: We have two other units with approved DPs for a 4-plex around the same area, you can connect with me if you need more information.
Key facts
- Type
- Detached
- Style
- Bungalow
- Year built
- 1955
- Living area
- 919 sq ft
- Lot
- 5,995 sq ft
- Bedrooms
- 4 (2 above grade, 2 below)
- Bathrooms
- 2 full
- Basement
- Full, Finished
- Parking
- Off Street, 3 spaces total
- Price per sq ft
- $974
- Days on market
- 0
- Listed
- October 22, 2026
- Community
- Highwood
- Municipality
- Calgary
Features
Interior
- Features
- Separate Entrance, Storage
- Appliances
- Built-In Refrigerator, Electric Range, Washer/Dryer
- Flooring
- Hardwood, Laminate
- Heating
- Central
- Laundry
- In Unit
- Basement features
- Separate/Exterior Entry
- Included
- N/A
Suite
- Suite
- Yes
- Details
- Basement
- Location
- Suite Attached/Within Primary Dwelling
Building
- Structure
- House
- Levels
- One
- Construction
- Wood Frame, Wood Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Exterior & lot
- Exterior
- Private Entrance
- Lot
- Back Yard, Front Yard, Landscaped, Low Maintenance Landscape
- Fencing
- Fenced
- Front faces
- SW
- Lot size
- 5,995 sq ft
- Zoning
- R-CG
Parking
- Total parking
- 3
- Details
- Off Street, Parking Pad
Condo / HOA
- Restrictions
- None Known
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Playground, Schools Nearby, Shopping Nearby, Sidewalks
Rooms
| Room | Level | Size |
|---|---|---|
| Bedroom | Main | 10'6" x 8'10" |
| Bedroom | Main | 10'0" x 13'3" |
| 4pc Bathroom | Main | 6'11" x 4'11" |
| Dining Room | Main | 92'2" x 8'11" |
| Kitchen | Main | 12'5" x 13'3" |
| Living Room | Main | 10'5" x 17'4" |
| 4pc Bathroom | Basement | 4'8" x 6'1" |
| Bedroom | Basement | 10'10" x 13'11" |
| Bedroom | Basement | 10'9" x 11'5" |
| Game Room | Basement | 10'10" x 10'0" |
| Laundry | Basement | 11'0" x 10'1" |
| Furnace/Utility Room | Basement | 3'10" x 4'9" |
| Furnace/Utility Room | Basement | 3'7" x 8'3" |
Location
Monthly cost estimate
- Mortgage $4,201
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $64,500.
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Listing last updated: Oct 22, 2026, 3:45 p.m.