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Real estate on your terms®


Property Description

Welcome to this beautifully updated 1947 bungalow located in the heart of downtown Okotoks, offering an exceptional opportunity for entrepreneurs, investors, or those seeking a flexible live/work lifestyle. Zoned for mixed use and positioned just steps from Elizabeth Street, this property offers excellent visibility, strong curb appeal, and endless potential. The main floor is currently configured for commercial/retail use and was extensively renovated in 2022. Features include a bright and modern interior with new windows, commercial-grade vinyl flooring, knockdown ceilings, updated insulation and drywall, upgraded electrical, heat pumps, air make-up system, and a camera/security system. The layout includes a spacious retail/reception area with built-in desk, two large offices or treatment rooms—both featuring built-in sinks and individual heating/AC controls—a wheelchair-accessible 2-piece bathroom, storage room, utility room, and washer/dryer. The lower level features a separate private entrance leading to a bright and spacious legal 2-bedroom basement suite. Designed with comfort and functionality in mind, the suite offers large windows, a white kitchen with ample counter space, open dining and living areas, vinyl plank flooring, two generously sized bedrooms with newer carpet, a 3-piece bathroom, stacked washer/dryer, and additional storage space. The legal suite just requires the reinstallation of a stainless steel stove and full-size refrigerator to complete the setup. Additional updates completed in 2022 include the furnace, fire-rated knockdown ceiling, upgraded electrical, garage improvements, and more. Outside, enjoy a large yard, concrete walkways, access ramp, new fencing, and a 20x24 garage with updated siding and roof plus a framed room offering additional flexibility. This is a rare turnkey opportunity where the hard work has already been done—simply move in and start running your business, investing, or enjoying the flexibility of downtown mixed-us e living. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1947
Stories:
1.0
Bedrooms:
4
Bathrooms (total):
2.5 (1 half)
Basement:
Finished, Full, Separate entrance, Suite

Finished Areas

Interior Size (Total):
1065 square feet
Above Grade:
1065 square feet

Interior

Flooring:
Vinyl
Appliances:
Oven - Electric, Microwave, Garage door opener, Washer/Dryer Stack-Up, Window/Sleeve Air Conditioner

Parking

Spaces:
2
Features:
Detached Garage, Oversize, Gravel

Lot / Land

Lot Size:
5750.0 square feet
Frontage:
5.35 meters
Lot Features:
Back lane, PVC window, No Smoking Home

Exterior

Exterior Features:
Vinyl siding
Construction:
Wood frame
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Forced air
Cooling:
See Remarks

Fees & Dates

Property Taxes:
$8,399
Tax Year:
2026
Last Modified:
08/15/2026 06:25:16 AM
Status Change:
08/15/2026 06:18:07 AM

Association / Ownership

Common Interest:
Leasehold

Room Dimensions

RoomLevelSize
2pc Bathroom Main level 7.08 Ft x 9.17 Ft
Bedroom Main level 12.67 Ft x 13.25 Ft
Office Main level 13.58 Ft x 5.92 Ft
Office Main level 32.50 Ft x 13.83 Ft
Primary Bedroom Main level 12.67 Ft x 13.33 Ft
Furnace Main level 7.83 Ft x 7.33 Ft
3pc Bathroom Basement 6.50 Ft x 5.33 Ft
Bedroom Basement 13.67 Ft x 10.83 Ft
Bedroom Basement 13.33 Ft x 12.08 Ft
Dining room Basement 9.17 Ft x 5.50 Ft
Kitchen Basement 13.50 Ft x 10.25 Ft
Living room Basement 16.08 Ft x 9.58 Ft
Furnace Basement 9.33 Ft x 6.58 Ft

Location

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Listing offered by: Charles

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