5230 Whitestone Road — photo 1
1 / 16
Detached

$590,000

5230 Whitestone Road, Whitehorn, Calgary, Alberta

5
Beds
2
Baths
1,073 sqft
Floor area
Sep 23, 2026
Listed
Property 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 & Amenities
Ceiling Fan(s)
See Remarks
Separate Entrance
Private Entrance
Private Yard
Additional Information
MLS®
A2347481
Type
Detached
Status
Active
Year built
1975
Neighbourhood
Whitehorn
Lot size
Days on market
0 days
Brokerage
Royal LePage Blue Sky
Location

5230 Whitestone Road, Calgary, Alberta T1Y 1T6

Similar Properties