For Sale: 5230 Whitestone Road, Calgary, AB - REW
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$590,000
5 bd 2 ba 1073 sf House

5230 Whitestone RoadCalgary, AB, T1Y 1T6

Whitehorn
  • 5 Bed
  • 2 Bath
  • 1073 Sqft
  • House

About this home

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.
Listed by: Avneet Mundi, Royal LePage Blue Sky

Home facts and features

Price details
List Price
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
2
Property Type
House
Lot Size
5228 ft²
Frontage
63.68 ft
Year Built
Built in 1975 (51 yrs old)
Style
Bungalow
Heating Type
Forced Air
Basement Details
Full
Features
Back Lane, Back Yard, Ceiling Fan(s), Corner Lot, Front Yard, Fruit Trees/shrub(s), In Basement, Level, Main Level, Park, Private Entrance, Private Yard, Schools Nearby, See Remarks, Separate Entrance, Sidewalks, Walking/bike Paths, Wood Burning
Amenities
Playground, Shopping Nearby
Appliances
Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Stove, Washer, Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Blue Sky
Listing details
Days on REW
1 Day
MLS® Number
A2347481
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Colonel J. Fred Scott School
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  • In Catchment
Annie Gale School
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Chief Justice Milvain School
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Guy Weadick School
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  • In Catchment
St. Wilfrid Elementary School
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  • In Catchment
St. Thomas More School
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  • In Catchment
Mountain View Academy
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  • In Catchment
Annie Foote School
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  • In Catchment
Father Scollen School
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  • In Catchment
Filipino Language And Cultural School Of Calgary
  • n/a
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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