$590,000
5230 Whitestone Road NEWhitehorn, Calgary, AB T1Y 1T6
- 5 beds
- 2 baths
- 1,073 sq ft
- Detached
Listing courtesy of Royal LePage Blue Sky · MLS® A2347481
About this home
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.
Key facts
- Type
- Detached
- Style
- Bungalow
- Year built
- 1975
- Living area
- 1,073 sq ft
- Lot
- 5,317 sq ft
- Bedrooms
- 5 (3 above grade, 2 below)
- Bathrooms
- 2 full
- Basement
- Full, Finished
- Parking
- 2-car garage, 4 spaces total
- Price per sq ft
- $550
- Days on market
- 18
- Listed
- September 23, 2026
- Community
- Whitehorn
- Municipality
- Calgary
Features
Interior
- Features
- Ceiling Fan(s), See Remarks, Separate Entrance
- Appliances
- Dishwasher, Dryer, Electric Range, Electric Stove, Range Hood, Refrigerator, Washer, Washer/Dryer
- Flooring
- Carpet, Laminate, Tile
- Heating
- Forced Air
- Fireplaces
- 1 (Wood Burning)
- Laundry
- In Basement, Main Level
- Basement features
- Separate/Exterior Entry
- Included
- N/A
Suite
- Suite
- Yes
- Details
- Basement
- Location
- Suite Attached/Within Primary Dwelling
Building
- Structure
- House
- Levels
- One
- Construction
- Concrete, Vinyl Siding, Wood Frame
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Exterior & lot
- Exterior
- Private Entrance, Private Yard
- Lot
- Back Lane, Back Yard, Corner Lot, Front Yard, Fruit Trees/Shrub(s), Level
- Patio / porch
- Other, Patio
- Fencing
- Fenced
- Front faces
- W
- Lot size
- 5,317 sq ft
- Zoning
- RC-G
Parking
- Garage spaces
- 2
- Total parking
- 4
- Details
- Double Garage Detached
Condo / HOA
- Restrictions
- None Known
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Rooms
| Room | Level | Size |
|---|---|---|
| Dining Room | Main | 9'4" x 8'3" |
| Living Room | Main | 15'4" x 13'7" |
| Kitchen | Main | 11'7" x 11'7" |
| Bedroom - Primary | Main | 13'5" x 11'10" |
| Bedroom | Main | 10'0" x 8'3" |
| Bedroom | Main | 10'0" x 8'2" |
| 4pc Bathroom | Main | 11'8" x 5'1" |
| Living Room | Basement | 27'2" x 12'8" |
| Bedroom | Basement | 13'3" x 10'9" |
| Bedroom | Basement | 10'4" x 9'1" |
| 4pc Bathroom | Basement | 7'4" x 5'0" |
| Kitchen | Basement | 14'3" x 5'4" |
Location
Monthly cost estimate
- Mortgage $2,769
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $34,000.
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Listing last updated: Sep 24, 2026, 11:45 a.m.