3 days on Market

2 Elk Ave, Okotoks, Alberta T1S 1J8

Detached
2 + 2
2 + 1
~1065.27 sqft
$699,900
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Detached
2 + 2
2 + 1
~1065.27 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$657/sqft

Monthly cost

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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

StyleBungalow
View-
Age of property1947
SqFt~1065.27 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2308807
Community NameOkotoks
Data SourcePILLAR 9
Listing byCharles

Features

Heating: Forced Air
Cooling: Sep. HVAC Units
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

2pc Bathroom

9`2" x 7`1"

Bedroom

13`3" x 12`8"

Office

5`11" x 13`7"

Office

13`10" x 32`6"


Features

Patio: Side Porch

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

May 6, 2026
Listed for
$699,900
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Listed
$•••,•••
3 days on market
history photo preview41
Listing by pillar 9®
Property listed by Charles, Brokerage
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Market Data - Okotoks

Geo Zone Map ThumbnailOkotoks

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2025

23 days

2024

23 days

2023

29 days

New Listings

Past 30 days

75 listings

Compared to

2025

76 listings

2024

59 listings

2023

63 listings

Units sold

Past 30 days

46 units

Compared to

2025

33 units

2024

38 units

2023

43 units

Median Sold Price

Past 30 days

$752,500

Compared to

2025

$720,000

2024

$707,490

2023

$639,900


Population and Demographics

Overview

Total population 28648
Average household income $144,973

Age (%)

0 to 19
30%
20 to 34
14%
35 to 49
23%
50 to 64
19%
65 and plus
15%

Household composition (%)

Single family
80%
Single person
17%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
93%
Others
3%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget