5230 Whitestone Road Ne, Calgary

$590,000

5 Beds
2 Baths
1,073 Sqft
.12 Acres
2 Garages

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.

Essential Information
MLS® #A2347481
Price$590,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,073
Acres0.12
Year Built1975
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address5230 Whitestone Road Ne
SubdivisionWhitehorn
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT1Y 1T6
Amenities
Parking Spaces4
ParkingDouble Garage Detached
# of Garages2
Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull
FireplaceYes
# of Fireplaces1
FireplacesWood Burning
Interior Features

Ceiling Fan(s), See Remarks, Separate Entrance

Appliances

Dishwasher, Dryer, Electric Range, Electric Stove, Range Hood, Refrigerator, Washer, Washer/Dryer

Exterior
Exterior FeaturesPrivate Entrance, Private Yard
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Corner Lot, Front Yard, Fruit Trees/Shrub(s), Level

Construction

Concrete, Vinyl Siding, Wood Frame

Additional Information
ZoningRC-G
Listing Details
OfficeRoyal LePage Blue Sky
LISTING MAP

Properties for Sale Similar to 5230 Whitestone Road Ne, Calgary, Alberta

Photo of Listing #A2346104

22 Anaheim Bay Ne, Calgary

$519,990 - 5 Beds, 3 Baths, 1,048 Sf

MLS® # A2346104

eXp Realty
Photo of Listing #A2338156

71 Templewood Road Ne, Calgary

$539,900 - 4 Beds, 3 Baths, 1,187 Sf

MLS® # A2338156

Real Estate Professionals Inc.
Photo of Listing #A2348053
New Listing

6663 Temple Drive Ne, Calgary

$449,900 - 4 Beds, 3 Baths, 1,328 Sf

MLS® # A2348053

The Real Estate District
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.