245 m
Distance
4
Beds
2
Baths
100
Sq Ft
Builder / Investor Alert Rare redevelopment opportunity in Thorncliffe with Development Permit in place. This property comes with an approved Development Permit for a proposed 4-plex with 4 legal basement suites, creating a total of 8 rental units upon completion, subject to the buyers review of all City approvals, permit conditions, drawings, and requirements. This is an excellent opportunity for builders, developers, and investors looking for a project with major planning steps already advanced. Please review the attached DP drawings and related documents. The existing property is currently rented and generating approximately $2, 894 per month plus utilities, providing holding income while the buyer prepares for future development. Viewings can be arranged with 24 hours notice for serious buyers only, as the property is tenant occupied. Located in the highly desirable and established community of Thorncliffe, this bungalow sits on a beautiful tree-lined street directly facing a playground. The location offers excellent access to schools, parks, public transit, shopping, recreation facilities, and major routes. Bus Route No. 20 provides convenient access to the University of Calgary in approximately 25 minutes. The existing home features 4 bedrooms total, original hardwood flooring, and several updates over the years. The main level includes 2 bedrooms, a 4-piece bathroom, a bright and spacious living 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-sized family room, full kitchen, bathroom, large laundry area, and additional storage/workshop space.
Listing By: Darshan Sidhu - Royal LePage METRO 
- MLS® A2320958
- Date Listed06/15/2026
- Days on Realty 29 Days
- Bedrooms 4
- Bathrooms 2 Full baths
- Lot Size 0.14 acres (5,995 sq. ft)
- Subdivision Thorncliffe
- County Calgary
- Year Built 1956
- Square Feet 100 sq. ft
- Price Per Sq. Ft $9009.82
Interior Features
- Appliances Dryer, Electric Stove, Refrigerator, Washer
- Flooring Laminate, Tile
- Cooling None
- Heating Forced Air
Exterior / Lot Features
- Exterior Playground, Private Entrance
- Roof Shingle
- Lot Size Acres 0.14
- Lot Size SQFT 5,995.00
- Lot Features Back Lane, Back Yard, Cleared, Front Yard, Gentle Sloping
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for T2K3E9
Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.
75/100
Very Walkable
Walk Score ®
55/100
Good Transit
Transit Score ®
82/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
Transit Summary
19 nearby routes: 19 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 51/100, Bike Score: 69/100.
Points of Interest near 48 Northmount Drive NW, Calgary, AB T2K3E9
Frequently Asked Questions for 48 Northmount Drive NW
Source: Realty.com
48 Northmount Drive NW, Calgary, AB T2K3E9 in Thorncliffe, Calgary, AB T2K3E9 is a single family residence listed at $899,000. Highlights include 4 bedrooms, 2 bathrooms, 100 sq. ft., built in 1956, 0.14 acre lot, $9,010 per sq. ft.. Realty.ca has 16 photos, sales history, school insights, and mortgage tools for thi...
Realty.com has 16 photos of 48 Northmount Drive NW.
Our records indicate that 48 Northmount Drive NW was built in 1956.
The full address for this home is 48 Northmount Drive NW, Calgary, AB T2K3E9.
48 Northmount Drive NW has been listed on Realty.com since Mon June 15, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 51/100, Bike Score: 69/100.
Listing provided courtesy of:
Royal LePage METRO
(tel: 403-400-0000)
Listing agent:
Darshan Sidhu
(tel: 403-400-0000)
This content last refreshed on 2026-07-14 13:49:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.