Property Details

2 Elk Avenue
Okotoks (A2308807)

$699,900
4
1+1
1,065 ft²
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Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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-use living.

Property details

Basic Info

MLS® #
A2308807
Property Type:
Residential
Subtype:
Detached
Subdivision:
NONE
Price
$699,900
Sale/Lease:
For Sale
Size:
1,065 sq.ft.
Bedrooms:
4
Bathrooms:
1 full / 1 half
Year Built:
1947 (79 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Side, Gravel Driveway, Oversized
Fence:
Fenced
Basement:
Full
Features:
No Smoking Home, Separate Entrance, Storage, Vinyl Windows
Inclusions:
Stove in Garage for Basement Suite, Washer/dryer in basement
Appliances:
Bar Fridge, Electric Oven, Garage Control(s), Microwave, Wall/Window Air Conditioner, Washer/Dryer Stacked
Laundry:
In Basement
Exterior Features:
Private Yard, Rain Gutters
Patio/Porch Features:
Side Porch

Neighborhood Info

Nearby Amenities:
Park, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Back Lane, Back Yard, Corner Lot, Few Trees, Landscaped, Rectangular Lot, Street Lighting
Zoning:
D

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Vinyl Siding,Wood Frame
Floors:
Vinyl
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
Sep. HVAC Units
Amenities:
Park, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
15 Days / Neg
Days on Market:
2
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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