5230 Whitestone Road NE, Calgary, Alberta
$579,000
5 bed · 2 bath · 1,073 sq ft
MLS® A2347481
Price Reduction! 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 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. This is a unique opportunity for investors, builders, and home owners looking for long term potential. (id:56426)
Avneet Mundi
Listed by Royal LePage Blue Sky
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