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+1 587-340-6367
Royaltors Group
5230 Whitestone Road Northeast, Calgary, Alberta T1Y1T6
Listing courtesy of Royal LePage Blue Sky.
- $590,000
- 5
- BD
- 2
- BA
- 1,073
- SqFt
- List Price
- $590,000
- MLS®
- A2347481
- Days on Market
- 14
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,073
- Lot Size Dimensions
- 5317.00
- Lot Size
- 5,317
- Subdivision
- Whitehorn
Property 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. (id:5764)
Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- Whitehorn
- Parking Spaces
- 4
- Construction Materials
- Poured concrete, Wood frame
- Fireplaces
- 1
- Cooling
- None
- Country
- Canada
- Flooring
- Tile, Laminate, Carpeted
- Heating
- Forced air
- Lot Features
- See remarks, Back lane, Level
- Architectural Style
- Bungalow
- Stories
- 1
- Lot Size
- 5,317
