487 Northmount Drive Nw, Calgary
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:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 487 Northmount Drive Nw, Calgary
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 906 square feet
- Lot Size
- 557.00
- Stories
- 1
- Basement
- Finished, Full, Separate entrance, Suite
- Parking
- Other, Street
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Wood siding
- Ownership
- Freehold
- Annual Taxes
- $3,684 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 487 Northmount Drive Nw
Active Listings
28
Min Price
$330,000
Max Price
$3,300,000
Avg Price
$781,129
Days on Market
54
days
Sold Listings
12
Min Sold Price
$399,900
Max Sold Price
$999,000
Avg Sold Price
$687,692
Days until Sold
45
days
Neighbourhood Census Data
Calgary, Alberta
Population
740
Median Age
37.8
Median Income
$43,605
Dwelling Value
$514,152
Housing Tenure
Owners 62%
Renters 37%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 2,050.4/km²
Avg Shelter Cost: $1,486/mo
Owners with Mortgage: 61.1%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 30.4%
English only: 91.2%
English and French: 8.1%
Neither: 0.7%
Median Household Income: $88,704
Median Employment Income: $42,752
Price History
Listed
September 24, 2026
by Honestdoor Inc.
Current Price
$895,000
Type
Residential
For Sale
