2 Elk Avenue, Okotoks Okotoks, Alberta, T1S1J8

Listing Price
$699,900
house
4 beds
1.5 baths
1065 sqft
Property Details
Property Type
house
Year Built
1947
Stories
1
Parking Spaces
2
Parking Type
Detached Garage, Oversize, Gravel
Heating
Forced air
Cooling
See Remarks
Lot Size
5750 square feet
Lot Dimensions
5750.00
Basement
Finished, Full, Separate entrance, Suite
Half Baths
1
Construction
Wood frame
Foundation
Poured Concrete
Annual Taxes
$6,964 (2025)
MLS Number
A2308807
Listed Date
May 7, 2026
Days on Market
16
Zoning Description
D
Parcel Number
0019420116
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:63190)
Features & Amenities
Appliances
Oven - ElectricMicrowaveGarage door openerWasher/Dryer Stack-UpWindow/Sleeve Air Conditioner
Exterior
Vinyl siding
Flooring
Vinyl
Lot
Back lanePVC windowNo Smoking Home
Architectural Style
Bungalow
Room Details
RoomLevelDimensionsDescription
2pc BathroomMain level7.08 Ft x 9.17 Ft
BedroomMain level12.67 Ft x 13.25 Ft
OfficeMain level13.58 Ft x 5.92 Ft
OfficeMain level32.50 Ft x 13.83 Ft
Primary BedroomMain level12.67 Ft x 13.33 Ft
FurnaceMain level7.83 Ft x 7.33 Ft
3pc BathroomBasement6.50 Ft x 5.33 Ft
BedroomBasement13.67 Ft x 10.83 Ft
BedroomBasement13.33 Ft x 12.08 Ft
Dining roomBasement9.17 Ft x 5.50 Ft
KitchenBasement13.50 Ft x 10.25 Ft
Living roomBasement16.08 Ft x 9.58 Ft
FurnaceBasement9.33 Ft x 6.58 Ft
Location
2 Elk Avenue, Okotoks, Alberta, T1S1J8
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Estimated Monthly Payment
$0
Principal & interest on a $0 mortgage at 5.25% for 25 years
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