14 Knight Street, Okotoks, Alberta
$575,000
- 4 Beds
- 2 Baths
- 1,346 Square Feet
Investor Opportunity in Okotoks! Welcome to 14 Knight Street, a income-ready 1,346 sq ft bungalow on a spacious 50' x 127' (6,350 sq ft) lot in the established Central Heights neighborhood—ideal for cash flow investors, house hackers, or buy-and-hold buyers. • Zoned R-1, the lot offers long-term redevelopment potential in a fast-growing town just 18 minutes south of Calgary. • The home features 4 bedrooms, 2 full bathrooms, and a separate entrance to the finished basement, making it easy to suite or convert for dual occupancy. • Recent capital improvements include a high-efficiency Lennox furnace and John Wood hot water tank (2017), new deck structures (2020), updated railings (2024), and new flooring in the bedrooms (2024). • The laundry room renovation (2022) includes a high-efficiency gas dryer—a reliable upgrade for tenants or future resale. • The new hot tub (2024) under a refinished pergola boosts short-term rental appeal and lifestyle value. • A massive 24' x 29' heated garage adds versatility for a workshop or storage • Central Heights is seeing rising demand with low inventory, and Okotoks’ population is projected to grow 20% by 2031, pushing up property values and rents. • Nearby amenities include top-rated schools, bike paths, river walks, and a vibrant downtown with restaurants, cafes, and retail just minutes away. • Okotoks currently has a low vacancy rate (~1.5%) and average rents for updated 4-bedroom homes exceed $2,500/month, offering strong ROI potential. • With immediate possession and all major upgrades already completed, this is a low-risk, high-upside property in one of Alberta’s most desirable bedroom communities. • Contact us today to schedule a private viewing or request a full investment breakdown! (id:23309)
- Listing ID: A2199272
- Property Type: Single Family
- Year Built: 1958
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 14 Knight Street in Okotoks Ontario. It was last modified on March 11th, 2025. Contact Jonathan Varkey to schedule a viewing or to discover other Okotoks real estate for sale.