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78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks
  • 78 Mcrae Street Okotoks

78 Mcrae Street, Okotoks, Alberta

$725,000

  • 4 Beds
  • 2 Baths
  • 1,176 Square Feet

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:23309)

  • Listing ID: A2207625
  • Property Type: Single Family
  • Year Built: 1959
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Rooms

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

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Park, Playground, Schools, Shopping
  • Ownership: Freehold
  • Parking Spaces: 2
  • Plan: 1650E
  • Structure: None
  • Transaction: For sale
  • Zoning Description: D

Building

  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
  • Architectural Style: Bungalow
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 3
  • Bedrooms Lower Level: 1
  • Constructed Date: 1959
  • Constructed Material: Wood frame
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Stucco
  • Fireplace Present: False
  • Flooring: Hardwood
  • Foundation: Poured Concrete
  • Bathrooms (Half): 1
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Size Interior: 1176 sqft
  • Stories Total: 1
  • Total Finished Area: 1176 sqft
  • Type: House

Land

  • Amenities: Park, Playground, Schools, Shopping
  • Fence: Partially fenced
  • Size Frontage: 22.97 m
  • Size Irregular: 9750.00
  • Size Total: 9750 sqft|7,251 - 10,889 sqft
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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 78 Mcrae Street in Okotoks Ontario. It was last modified on May 12th, 2025. Contact Jonathan Varkey to schedule a viewing or to discover other Okotoks real estate for sale.

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