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Listed price in listed location currency (CAD).
$647,777

422

MLS® A2347158

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1065 sqft
Garage Yes
Taxes 
Lot Size 0.13 Acres
Approx. Age 1947
Avg. Price Per Sqft $608
MLS® Number A2347158

Property Address: 2 Elk Ave, Okotoks, AB, T1S1J8

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA2347158
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1947
BasementFull
DrivewayAlley Access, Double Garage Detached, Garage Door Opener, Garage Faces Side, Gravel Driveway, Oversized
Garage Spaces
HeatForced Air
A/CSep. HVAC Units

Extras

Stove in garage for basement suite, Dishwasher in basement, washer/dryer in basement

Rooms

Living Room:Basement16.09 × 9.59 ft
Other:Main Floor12.67 × 13.34 ft
Dining Room:Basement9.17 × 5.5 ft
Other:Basement13.67 × 10.84 ft
Office:Main Floor32.5 × 13.84 ft
Other:Main Floor12.67 × 13.25 ft
Kitchen:Basement13.5 × 10.25 ft
Other:Basement9.34 × 6.59 ft
Other:Basement6.5 × 5.34 ft
Other:Basement13.34 × 12.09 ft
Other:Main Floor7.09 × 9.17 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, Pending for $647,777

Pending · 2 days

$647,777

MLS® A2347158

2 days ago

Not Sold Yet

October 2026, Withdrawn for $650,000

Withdrawn · 62 days

$650,000

MLS® A2332753

In 9 days

Canceled on Oct 1, 2026

September 2026, Withdrawn for $689,900

Withdrawn · 91 days

$689,900

MLS® A2325240

In 7 days

Canceled on Sep 29, 2026

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