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48 Northmount Drive NW, Calgary, AB, T2K 3E9

MLS® # A2320958
new listing
House For Sale In Thorncliffe, Calgary, Alberta
$999,000 QuickQuoteTM: Not Available

2+2 Beds

2 Baths

48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
48 Northmount Drive Nw, Calgary, AB
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48 Northmount Drive NW, Calgary, AB, T2K 3E9
$999,000

4 Beds

2 Baths

Property Information:

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.

Inclusions: NONE

Building Features:

  • Total Finished Area: 1074.00

Property Features:

  • Architectural Style: Bungalow
  • Built in: 1956
  • Construction Materials: Aluminum Siding, Wood Frame
  • Cooling: None
  • Exterior Features: Playground, Private Entrance
  • Floor Space (approx): 1074.00 Square Feet
  • Flooring: Laminate, Tile
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Interior Features: Separate Entrance
  • Levels: One
  • Lot Size: 5995.00 Square Feet
  • Parking Features: Off Street, Parking Pad
  • Roof: Asphalt Shingle
  • Zoning: R-CG
  • No. of Parking Spaces: 3

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

1.25%

Price change (1 year)

52.53%

Price change (5 years)

All Properties

0.77%

Price change (1 year)

50.68%

Price change (5 years)

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Location of 48 Northmount Drive NW, Calgary, AB, T2K 3E9

Demographic Information of 48 Northmount Drive NW, Calgary, AB, T2K 3E9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$122,529.30

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.32 %

High school certificate or equivalent

30.54 %

Apprenticeship trade certificate/diploma

8.15 %

College/non-university certificate

18.51 %

University certificate (below bachelor)

0.81 %

University Degree

22.67 %

Commuter

Travel To Work

By Car

82.97 %

By Public Transit

9.73 %

By Walking

3.13 %

By Bicycle

0.0 %

By Other Methods

4.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.04 %

Houses

83.96 %

Own Vs. Rent

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