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Data was last updated 2026-09-24 at 22:54:15 PM (MDT)

5230 Whitestone Road NE - MLS® # A2347481

Property Details


List Price
$590,000
Living Area
1,073 sqft.
Bedrooms
5
Bathrooms
2
Lot Size Area
5317 sq.ft.
Taxes
N/A
Type
Detached
Style
Bungalow
Basement
Full
Year Built
1975

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.

Features

Private Entrance, Private Yard

Listing Provided By

Royal LePage Blue Sky

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • Jim Hyslop
  • 403.650.4494
  • 403.259.4141
  • mail@jimhyslop.com
  • RE/MAX REALTY PROFESSIONALS
  • #10, 6020 - 1A STREET SW
  • CALGARY, AB
  • T2H 0G3