78 Mcrae Street, Okotoks, Alberta T1S 1J6

Okotoks

$700,000

 

Overview

  • bed-icon
    4 BedRooms
  • bath-icon
    2 Bathrooms
  • parking-icon
    2 Parking Space
  • Year built icon
    1959 Year Built
  • sqft icon
    1176 sqft

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    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:58070)

    Property Features

    • MLS® Number A2207625
    • Price $700,000
    • Bedrooms: 4
    • Bathrooms: 2
    • Square Footage: 1176 sqft
    • Property Type: House
    • Community Name: Heritage Okotoks
    • Amenities Near By Park, Playground, Schools, Shopping
    • Parking Space Total 2
    • Plan 1650e
    • Structure None
    Photos

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 3
    Bedrooms Below Ground 1 Bedrooms Total 4
    Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer Architectural Style Bungalow
    Basement Development Finished Basement Type Full (finished)
    Constructed Date 1959 Construction Material Wood Frame
    Construction Style Attachment Detached Cooling Type None
    Exterior Finish Stucco Flooring Type Hardwood
    Foundation Type Poured Concrete Half Bath Total 1
    Heating Type Forced Air Stories Total 1
    Size Interior 1176 Sqft Total Finished Area 1176 Sqft
    Type House

    Parking

    Detached Garage 2
    Oversize

    Land

    Acreage No Fence Type Partially Fenced
    Land Amenities Park, Playground, Schools, Shopping Size Depth 39.79 M
    Size Frontage 22.97 M Size Irregular 9750.00
    Size Total 9750 Sqft|7,251 - 10,889 Sqft Size Total Text 9750 Sqft|7,251 - 10,889 Sqft
    Zoning Description D

    Rooms

    Level Type Dimensions
    Basement Living Room 22.42 Ft x 12.67 Ft
    Basement Laundry Room 12.67 Ft x 9.50 Ft
    Basement Storage 12.67 Ft x 8.92 Ft
    Basement Storage 12.75 Ft x 8.42 Ft
    Basement Bedroom 15.42 Ft x 12.42 Ft
    Basement 2pc Bathroom 5.00 Ft x 4.67 Ft
    Main Level Kitchen 13.50 Ft x 10.83 Ft
    Main Level Dining Room 11.25 Ft x 10.33 Ft
    Main Level Living Room 19.92 Ft x 13.50 Ft
    Main Level Primary Bedroom 13.42 Ft x 10.58 Ft
    Main Level Bedroom 11.92 Ft x 10.08 Ft
    Main Level Bedroom 10.92 Ft x 10.00 Ft
    Main Level 4pc Bathroom 10.08 Ft x 4.92 Ft
    Address

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