Homes for sale - 78 Mcrae Street, Okotoks, AB T1S1J6

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Erika Sanderson

hello@erikasanderson.ca +1(780) 935-8398

$ 725,000

Est. payment | -/mo

4 Beds

2 Baths

1,176 SqFt

Save Virtual Tour

$ 725,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,176 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,176 sqft

Price per Sqft $616

Subdivision Heritage Okotoks

MLS® Listing ID A2207625

Style Bungalow

Bedrooms 4

Half Baths 1

Originating Board Calgary Real Estate Board

Year Built 1959

Lot Size 9,750 Sqft

Acres 9750.0

Property Sub-Type Freehold

Property Description

Prime Redevelopment Opportunity in the Heart of OkotoksSituated on a generous 75-foot wide, 9,700+ sq ft lot, 78 McRae Street presents an exceptional opportunity for developers, investors, or visionaries looking to shape the future of downtown Okotoks. The property features Downtown District (D) zoning, which allows for a flexible blend of residential, commercial, and mixed-use developments (subject to Town of Okotoks approval).This zoning supports a variety of possibilities—ground-floor retail with residential units above, office space, cafés, boutique hotels, or even multi-family housing—designed to contribute to a lively, pedestrian-focused town center (subject to city approval).The Town of Okotoks is actively pursuing its Downtown Area Redevelopment Plan (ARP), an initiative focused on revitalizing the core through thoughtful development, public realm improvements, and a mix of old and new architecture. This property is ideally positioned to align with that vision and take advantage of the town's commitment to creating a vibrant, walkable downtown.The existing home is a classic bungalow that could be renovated, used as a holding property, or cleared for new development.Located just steps from historic Elma Street, local shops, restaurants, and cultural amenities, this property also offers quick access to Calgary in just 15 minutes and the Rocky Mountains for weekend escapes and recreation.Opportunities like this—on large lots in flexible zones with community-backed growth plans—are rare. Seize your chance to be part of Okotoks' evolving downtown core. (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 22.42 Ft x 12.67 Ft Living room

Extra Room 2 Basement 12.67 Ft x 9.50 Ft Laundry room

Extra Room 3 Basement 12.67 Ft x 8.92 Ft Storage

Extra Room 4 Basement 12.75 Ft x 8.42 Ft Storage

Extra Room 5 Basement 15.42 Ft x 12.42 Ft Bedroom

Extra Room 6 Basement 5.00 Ft x 4.67 Ft 2pc Bathroom

Interior

Heating Forced air

Cooling None

Flooring Hardwood

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Partially fenced

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Virtual Tour https://youtu.be/KOLV8UHBFi8

Listed by Real Broker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(780) 935-8398

hello@erikasanderson.ca

3400 10180 101 St NW, Edmonton, T5J, 3S4, Canada

78 Mcrae Street Okotoks, AB T1S1J6