487 Northmount Drive NW
Calgary, Alberta
MLS® A2353987
$895,000
- Status
- Active
- Property type
- House
- MLS® number
- A2353987
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1955
Listing description
RC-G ZONED LOT! INVESTOR ALERT:RARE FIND! Skip the red tape.
The hard part is already done! This is one of 3 adjacent Development Permit (DP) approved re-development lots in the area. We have two more units available in the area, please let me know if interested in other units.
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 (total of 8 units).
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 “non-legal” 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!
Property summary
- MLS® number
- A2353987
- Property type
- Single Family
- Building type
- House
- Square footage
- 919 sq ft
- Title
- Freehold
- Land size
- 557 square meters
- Built in
- 1955
- Annual property taxes
- $3,684.04
- Parking
- 3 spaces · Parking Pad, Other
- Days on market
- 9 days
Features & details
- Heating
- Central heating
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, Suite
- Flooring
- Hardwood, Laminate
- Appliances
- Refrigerator, Range - Electric, Washer & Dryer
- Exterior features
- Wood siding
- Architectural style
- Bungalow
What would this home cost you?
Based on the $895,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.