For Sale

5230, Whitestone Road NE, Alberta, Calgary

5 Beds 2 Bath 1073 Sqft

$585,000

About Property

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.

5 Bedrooms
2 Bathrooms
1073 sq ft
Garage
SingleFamilyResidence
Built 1975
Active
1 Floor
Interior Details
  • Ceiling Fan(s)
  • See Remarks
  • Separate Entrance
Outdoor Details
  • Private Entrance
  • Private Yard
MLS Number
247378554
Price
$585,000

Bedrooms
5
Bathroom
2

Square Footage
1073 sq ft
Property Type
RES

Community Name
Features
Forced Air, In Basement,Main Level

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
5

Appliances
Concrete,Vinyl Siding,Wood Frame
Cooling Type
None

Constructed Date
1975
Heating Type
Forced Air

Pool
Exterior Finish
Bungalow

Fireplace Present
Yes
Fireplace Total
1

Flooring Type
Carpet,Laminate,Tile
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
1073
Total Finished Area
1073
Spaces

Details
Double Garage Detached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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