48 Northmount Drive NW, Calgary, AB T2K3E9
48 Northmount Drive NW, Calgary, AB T2K3E9
48 Northmount Drive NW, Calgary, AB T2K3E9
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$999,000
Est. payment /mo
4 Beds
2 Baths
1,074 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1074

Square Footage 1,074 sqft

Price per Sqft $930

Subdivision Thorncliffe

MLS® Listing ID A2320958

Style Bungalow

Bedrooms 4

Year Built 1956

Lot Size 5,995 Sqft

Acres 0.1376377

Property Sub-Type Freehold

Property Description

Builder / Investor Alert — Rare redevelopment opportunity in Thorncliffe withDevelopment Permit in place. This property comes with an approved Development Permit for aproposed 4-plex with 4 legal basement suites, creating a total of 8 rental units uponcompletion, subject to the buyer's review of all City approvals, permit conditions, drawings, andrequirements. This is an excellent opportunity for builders, developers, and investors looking fora project with major planning steps already advanced. Please review the attached DP drawingsand related documents.The existing property is currently rented and generating approximately $2,894 per month plusutilities, providing holding income while the buyer prepares for future development. Viewingscan be arranged with 24 hours' notice for serious buyers only, as the property is tenantoccupied.Located in the highly desirable and established community of Thorncliffe, this bungalow sits ona beautiful tree-lined street directly facing a playground. The location offers excellent access toschools, parks, public transit, shopping, recreation facilities, and major routes. Bus Route No. 20provides convenient access to the University of Calgary in approximately 25 minutes.The existing home features 4 bedrooms total, original hardwood flooring, and several updatesover the years. The main level includes 2 bedrooms, a 4-piece bathroom, a bright and spaciousliving 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-sizedfamily room, full kitchen, bathroom, large laundry area, and additional storage/workshop space. (id:24570)

Location

State AB

Rooms

Kitchen 2.0

Extra Room 1 Basement Measurements not available 3pc Bathroom

Extra Room 2 Basement 9.58 Ft x 8.67 Ft Bedroom

Extra Room 3 Basement 11.67 Ft x 10.17 Ft Bedroom

Extra Room 4 Basement 9.83 Ft x 9.42 Ft Kitchen

Extra Room 5 Basement 15.67 Ft x 9.83 Ft Furnace

Extra Room 6 Main level 12.00 Ft x 10.42 Ft Primary Bedroom

Interior

Heating Forced air

Cooling None

Flooring Laminate, Tile

Exterior

Parking Features No

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold


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Alina Corjan

Alina Corjan

+1(647) 834-5717

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