$ 590,000

5230 Whitestone Road Ne, Calgary

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:1945)
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Property details for 5230 Whitestone Road Ne, Calgary

Type
Residential
Style
Bungalow
Bedrooms
5
Bathrooms
2
Living Area
1,073 square feet
Lot Size
5317.00
Stories
1
Basement
Finished, Full, Separate entrance, Suite
Parking
Detached Garage
Heating
Forced air
Cooling
None
Exterior
Concrete, Vinyl siding
Ownership
Freehold
Annual Taxes
$3,834 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 5230 Whitestone Road Ne

Active Listings
15
Min Price
$448,800
Max Price
$599,900
Avg Price
$546,132
Days on Market
31
days
Sold Listings
10
Min Sold Price
$469,000
Max Sold Price
$599,900
Avg Sold Price
$534,380
Days until Sold
57
days

Neighbourhood Census Data

Calgary, Alberta

Population
701
Median Age
37.8
Median Income
$27,776
Dwelling Value
$380,428

Housing Tenure

Owners 87%
Renters 16%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3.3
Pop. Density: 4,292.7/km²
Avg Shelter Cost: $1,204/mo
Owners with Mortgage: 53.1%
Owners Spending 30%+: 28.1%
Tenants Spending 30%+: 0%
English only: 91.4%
English and French: 2.1%
Neither: 6.4%
Median Household Income: $92,416
Median Employment Income: $30,816

Price History

Listed
September 23, 2026
by Royal LePage Blue Sky
Current Price
$590,000
Type
Residential
For Sale
5230 Whitestone Road Ne

Contact Agent Get in touch about 5230 Whitestone Road Ne, Calgary

Avneet Mundi
Avneet Mundi
Royal LePage Blue Sky