5230 Whitestone Road NE Calgary, AB T1Y 1T6
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Royal Lepage Blue Sky

  5230 Whitestone Road NE Calgary, AB T1Y 1T6

Active (0 Days)
$418,821 (USD)
5
BED
2
BATH
1,073
SQFT

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.

MLS®:
A2347481
Lot Size
5,317 SQFT
Type
Single-Family Home
Year Built
1975
Style
Bungalow

Listed By

Avneet Mundi, Royal Lepage Blue Sky
Source
PILLAR 9 - IDX
Last checked Sep 23 2026 at 7:15 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Appliances : Refrigerator
  • Appliances : Dishwasher
  • Appliances : Electric Stove
  • Laundry/Utility Room : Main Level
  • Appliances : Dryer
  • Appliances : Range Hood
  • Appliances : Washer/Dryer
  • Laundry/Utility Room : In Basement
  • Appliances : Washer
  • Appliances : Electric Range
  • Ceiling Fan(s)
  • Separate Entrance
  • See Remarks
Subdivision
  • Whitehorn
Lot Information
  • Back Lane
  • Corner Lot
  • Back Yard
  • Front Yard
  • Fruit Trees/Shrub(s)
  • Level
Property Features
  • Fireplace: Total Fireplace(s) : 1 Wood Burning
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Full
Flooring
  • Carpet
  • Laminate
  • Tile
Exterior Features
  • Roof: Asphalt Shingle
Garage
  • Double Garage Detached
Parking
  • Parking Space(s) : 4
Stories
  • 1
Living Area
  • 1,073 sqft
Location
   
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.