5230 Whitestone Road NE
Calgary, Alberta
MLS® A2347481
$590,000
- Status
- Active
- Property type
- House
- MLS® number
- A2347481
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1975
1 / 16Listing description
INVESTOR & DEVELOPER OPPORTUNITY IN WHITEHORN! Situated on a desirable CORNER LOT, this bungalow offers an excellent combination of immediate rental potential and future redevelopment opportunity. The property is zoned R-CG and remains R-CG following the reversal of Calgary’s blanket rezoning.
DEVELOPMENT PLANS HAVE ALREADY BEEN PREPARED FOR A PROPOSED 7-UNIT DEVELOPMENT, providing a significant head start for a future redevelopment project, subject to required City approvals and permits. The existing bungalow features 3 bedrooms and 1 full bathroom on the main floor, with BRAND NEW FLOORING throughout the home. The basement features an ILLEGAL SUITE with a separate entrance and separate laundry, providing additional flexibility for investors or extended family.
Located in the established community of Whitehorn, this property is an excellent HOLDING PROPERTY with multiple possibilities—rent it out today, hold for the future, or explore redevelopment. With its CORNER LOT, R-CG ZONING, prepared 7-unit development plans, and existing basement suite, this is a unique opportunity for investors, builders, and developers looking for long-term potential.
Property summary
- MLS® number
- A2347481
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,073 sq ft
- Title
- Freehold
- Land size
- 5317 square feet
- Built in
- 1975
- Annual property taxes
- $3,833.67
- Parking
- 4 spaces · Detached Garage
- Days on market
- 4 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, Suite
- Flooring
- Tile, Laminate, Carpeted
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Stove, Dryer, Hood Fan, Washer & Dryer
- Exterior features
- Concrete, Vinyl siding
- Lot features
- See remarks, Back lane, Level
- Architectural style
- Bungalow
What would this home cost you?
Based on the $590,000 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 Royal LePage Blue Sky, 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.