CalgaryListings Insight Welcome to 487 Northmount Drive NW — a 2-bedroom home built in 1955, featuring 2 bathrooms in the community of Highwood, with 919 sq ft of living space above grade. Highlights include a fully finished basement with a separate entrance and hardwood flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2353987.
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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 Taxes
$3,684.04/yr (2026)
Listing Information
MLS® NumberA2353987
StatusActive
List Price$895, 000
Days on Market8 days
OccupancyTenant
Property Details
Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft919 sq ft
Year Built1955
Bedrooms2
Full Bathrooms2
Total Bathrooms2
Interior
BasementFull, Finished, Separate/Exterior Entry
FlooringHardwood, Laminate
Fireplaces0
HeatingCentral
Air ConditioningNone
Exterior & Parking
ExteriorWood Frame, Wood Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Total Parking3
Patio / DeckNone
Site & Lot
Lot Size5, 995 sq ft
Lot Acres0.14 acres
Lot Width18.28
Lot FeaturesBack Yard, Front Yard, Landscaped, Low Maintenance Landscape
Legal Description8324GV;18;13
Inclusions
Built-In Refrigerator,Electric Range,Washer/Dryer
Room Dimensions
Main Level
Bedroom10`6" × 8`10"
Bedroom10`0" × 13`3"
4pc Bathroom6`11" × 4`11"
Dining Room92`2" × 8`11"
Kitchen12`5" × 13`3"
Living Room10`5" × 17`4"
Basement Level
4pc Bathroom4`8" × 6`1"
Bedroom10`10" × 13`11"
Bedroom10`9" × 11`5"
Game Room10`10" × 10`0"
Laundry11`0" × 10`1"
Furnace/Utility Room3`10" × 4`9"
Furnace/Utility Room3`7" × 8`3"
Listing Office
eXp Realty
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.
Property History
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487 Northmount Drive NW has been listed 1 time before — see each asking price, what happened, and any sold prices.
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What did similar homes here actually sell for?
Calgary Listings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.
Time on marketOn the market 8 days. Detached homes that sold in Highwood over October 2025 – September 2026 averaged 37 days.
Worked out from this MLS® record, our published community data and the other active listings in Highwood. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.
Where this price sits in Highwood
Asking $895,000. That is about 15% above the $775,500 median sale price for detached homes in Highwood over October 2025 – September 2026, across 17 recorded sales. Those sales took 37 days on the market on average. Across all home types, sellers in Highwood got 96.9% of their asking price on average and the community was carrying 6.3 months of supply.
Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.
Schools near this home
Cambrian Heights SchoolPublic (CBE) · Elementary · 1.0 km · about 3 mins by carSchool website
St. Joseph SchoolCatholic (CCSD) · Elementary/Junior High · 2.1 km · about 6 mins by carSchool website
King George SchoolPublic (CBE) · about 6 mins by carSchool website
William Aberhart High SchoolPublic (CBE) · about 9 mins by carSchool website
Crescent Heights High SchoolPublic (CBE) · about 9 mins by carSchool website
Branton SchoolPublic (CBE) · about 8 mins by carSchool website
Distances and drive times are measured from the centre of Highwood, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.
Commute from Highwood
Destination
By car
By transit
Downtown Calgary
15 mins
36 mins
University of Calgary
11 mins
20 mins
Foothills Medical Centre
14 mins
35 mins
Mount Royal University
16 mins
41 mins
Calgary International Airport
13 mins
32 mins
Westside Recreation Centre
25 mins
1 hour 8 mins
Off-peak estimates measured from the centre of Highwood, not from this address. Live traffic varies.
Who lives in Highwood
2,205Population
2.5Average household size
65%Owner-occupied households
$90KMedian household income
19%Residents aged 0–14
2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Highwood census profile →
Questions about this home
Is 487 Northmount Drive NW for sale?
Yes. 487 Northmount Drive NW in Highwood is an active MLS® listing (MLS® A2353987). It has been on the market 8 days. Listing data last updated 2026-10-30.
What is the asking price of 487 Northmount Drive NW?
487 Northmount Drive NW in Highwood is listed at $895,000.
How many bedrooms and bathrooms does 487 Northmount Drive NW have?
487 Northmount Drive NW in Highwood has 2 bedrooms and 2 bathrooms. The listing records 919 sq ft above grade. It is a detached house.
How does the asking price of 487 Northmount Drive NW compare with the Highwood market?
Its $895,000 asking price is about 15% above the $775,500 median sale price for detached homes in Highwood (October 2025 – September 2026, 17 sales). Medians are not adjusted for size, age or condition.
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