5230 Whitestone Road Ne, Calgary, Alberta T1Y 1T6

Listed for:
$590,000
5 beds
2 baths
Listed 7 days ago
House for rent: 5230 Whitestone Road Ne, Calgary, Alberta T1Y 1T6

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About

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. (id:27476)

Property Highlights

MLS® Number
A2347481
Type
Single Family
Community Name
Whitehorn
Ownership Type
Freehold
Land Size
5317 sqft|4,051 - 7,250 sqft
Parking Space Total
4

Building

Building Type
House
Storeys
1.00
Square Footage
1073 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Park, Playground, Schools, Shopping
Exterior Finish
Concrete, Vinyl siding
Fireplace Present
Yes
Basement Type
Full (Finished)
Basement Features
Separate entrance, Suite
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Royal LePage Blue Sky
MLS® number:
A2347481
Agent:
Avneet Mundi
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