7 days on Market

37 Elma St, Okotoks, Alberta T1S 1J7

Detached
2 + 1
3
~1270.76 sqft
$1,145,000
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Detached
2 + 1
3
~1270.76 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$901/sqft

Est. Mortgage$4,917/mo

Tax Amount (2024)$3,962/yr

Days On Market7 days


Description

Don’t miss out on this rare opportunity! Enjoy beautiful historic Elma Street with a mix of homes, small businesses, shops, restaurants, lined with towering trees and only a few steps from the heart of Olde Town Okotoks shopping district. Enjoy the downtown lifestyle with walkability to amenities, pathways, river park and easy access to Calgary. Zoned “Downtown District”, this property offers a world of potential having two amazing functional residences, with revenue or discretionary commercial uses. The latest development on this property (2023) is a fully detached legal self-contained 363 sq. ft. tiny home with private patio, gas-line for barbeque, and attached double garage (heated, insulated, epoxy flooring). Back alley access with 5 paved parking stalls. All on a massive triple lot (75’x 115’) offering peace and privacy, fenced, beautifully landscaped with mature trees, shrubs, retaining walls, gardens and courtyard areas. The primary home and legal tiny home can both enjoy the lovely back yard space. There is no end to the possibilities here! This one-of-a-kind walkout bungalow has attractive curb appeal with Spanish style exterior, second floor tower loft and a quaint front lounging deck. Built in 1934, the timeless Heritage details have been preserved and beautifully maintained with country charm, giving a Homes and Gardens vibe. Hardwood flooring, towering ceilings, vintage doors, trim and fixtures. The functional plan is bright, spacious, has large windows for enjoyment of morning and afternoon light. Front entrance opens to spacious living room with fireplace feature wall (fireplace decorative only). Fabulous country chic kitchen with plenty of cupboard and counter space. Adjoining open dining area with access to updated deck and privacy walls. Dining area with open staircase leading to upper loft flex room, ideal for office, playroom, or guest room. Primary and secondary bedrooms are on the main level as well as a 4-piece bathroom, and storage closet spaces. The lower basement level is fully developed featuring spacious family/games room area (with space to develop an additional bedroom), 4-piece bathroom, wet bar counter with cabinets, laundry area, updated vinyl plank flooring, and walk-out to back yard. This area is ideal for family activities, home office, with potential for a legal or illegal suite (Note: legal suite designation requires Town of Okotoks approval). The detached back yard Tiny Home was built in 2023 and has been occupied only by the owner. It features a modern kitchen, dining/living space, separate laundry/utility room (European washer/dryer), good size bedroom, 4-piece bathroom, high ceilings, and in-floor heat throughout. This exceptional property is move-in ready!


Property Details

StyleBungalow
View-
Age of property1934
SqFt~1270.76 SqFt
Lot Size-
Parking Spaces7
MLS ®NumberA2213423
Community NameOkotoks
Data SourcePILLAR 9
Listing byReal Estate Professionals Inc.

Features

Heating: In Floor,Forced Air
Basement: Finished,Full

Main Floor

Living Room

13`3" x 20`4"

Kitchen

9`8" x 14`6"

Dining Room

12`10" x 10`2"

Bedroom - Primary

12`0" x 12`6"


Features

Patio: Deck,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 5

Total parking spaces 7


Property History

Apr 22, 2025
ListedActive
$1,145,000
7 days on market
history photo preview49
Listing by pillar 9®
Property listed by Real Estate Professionals Inc., 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

20 days

Compared to

2024

23 days

2023

27 days

New Listings

Past 30 days

57 listings

Compared to

2024

45 listings

2023

49 listings

Units sold

Past 30 days

40 units

Compared to

2024

40 units

2023

45 units

Median Sold Price

Past 30 days

$714,500

Compared to

2024

$650,000

2023

$601,000


Population and Demographics

Overview

Total population 28648
Average household income $144,973

Age (%)

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

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%

Schools and amenities

Estimated Budget