5230 Whitestone Road NE, Calgary photo 1 of 13

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DetachedActive

Whitehorn · Calgary

5230 Whitestone Road NE, Calgary

$590,000

Whitehorn, Calgary, Alberta T1Y 1T6 · MLS® A2347481

5
Bedrooms: 2
Bathrooms: 1,073
Sq ft above grade: $550
Per sq ft

About This Property

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.

Secondary suite: 1 illegal suite

Location: Suite Attached/Within Primary Dwelling

Basement

An illegal suite is not registered with the city. It can affect insurance, financing and what you may legally rent out — ask before writing an offer.

Property Details

Interior

Bedrooms: 5
Bathrooms: 2 full
Rooms above grade: 6
Above grade: 1,073 sq ft
Total finished: 1,073 sq ft
Basement: Full · Finished
Fireplaces: 1 fireplace
Laundry: In Basement, Main Level

Interior features

Ceiling Fan(s)
Separate Entrance

Flooring

Carpet
Laminate
Tile

Fireplace

Wood Burning

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1975
Front exposure: W

Construction

Concrete
Vinyl Siding
Wood Frame

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Double Garage Detached · 2 spaces
Garage size: 24`0" x 22`0"
Total parking: 4 spaces

Lot & outdoors

Lot size: 5,317 sq ft
Acreage: 0.12 acres
Frontage: 63.68 ft
Fencing: Fenced

Lot features

Back Lane
Back Yard
Corner Lot
Front Yard
Fruit Trees/Shrub(s)
Level

Outdoor living

Patio

Exterior features

Private Entrance
Private Yard

In the community

Park
Playground
Schools Nearby
Shopping Nearby
Sidewalks
Walking/Bike Paths

Costs & ownership

Annual property tax: $3,834 (2026)
Title: Fee Simple
Ownership: See Remarks
Zoning: RC-G
Restrictions: None Known

Listing & availability

MLS® number: A2347481
Listed: Sep 23, 2026
Days on market: 2
Possession: Immediate, Negotiable
Listing office: Royal LePage Blue Sky

Included in the sale

Appliances: Dishwasher, Dryer, Electric Range, Electric Stove, Range Hood, Refrigerator, Washer, Washer/Dryer

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$2,929.24/mo

Mortgage: $2,609.77
Property tax: $319.47

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Listed by Royal LePage Blue Sky

Data provided under license by Pillar 9™.

Listing data updated Sep 24, 2026, 5:45 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation