Property Details

5230 Whitestone Road NE
Calgary (A2347481)

$590,000
5
2
1,073 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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 details

Basic Info

MLS® #
A2347481
Property Type:
Residential
Subtype:
Detached
Subdivision:
Whitehorn
Price
$590,000
Sale/Lease:
For Sale
Size:
1,073 sq.ft.
Bedrooms:
5
Bathrooms:
2
Year Built:
1975 (51 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Full
Features:
Ceiling Fan(s), See Remarks, Separate Entrance
Fireplaces:
1
Inclusions:
N/A
Appliances:
Dishwasher, Dryer, Electric Range, Electric Stove, Range Hood, Refrigerator, Washer, Washer/Dryer
Laundry:
In Basement, Main Level
Exterior Features:
Private Entrance, Private Yard
Patio/Porch Features:
Other, Patio

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Back Lane, Back Yard, Corner Lot, Front Yard, Fruit Trees/Shrub(s), Level
Zoning:
RC-G

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Vinyl Siding,Wood Frame
Floors:
Carpet, Laminate, Tile
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Listing Info

Possession:
Immediate,Negotiable
Days on Market:
20
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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