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Renanza Realty
For sale

45 Mcrae Street

Okotoks, Alberta

MLS® A2345198

$549,800

Status
Active
Property type
House
MLS® number
A2345198
Bedrooms
2
Bathrooms
1
Year built
1900

Listing description

Welcome to 45 McRae Street in the heart of Downtown Okotoks, an exceptional opportunity to own a 4,335 sqft CORNER LOT with Downtown District (D) zoning, offering incredible flexibility for residential, commercial, or mixed-use possibilities. Positioned directly on the downtown strip and across from Old Towne Plaza with restaurants, shops, local businesses, and community gathering spaces just steps away, this is a highly visible location surrounded by the energy and activity that makes downtown Okotoks such a desirable destination. Frequent community events and steady pedestrian and vehicle traffic create excellent exposure for entrepreneurs, investors, or small business owners looking for a storefront or professional space, while the existing residence also provides the option to continue using the property as a home.

The charming 684 sq. ft. bungalow features a bright and inviting living room with a large picture window overlooking McRae Street, a functional kitchen with updated cabinetry and plenty of workspace, two bedrooms, and a full bathroom highlighted by a freestanding tub and warm accents.

The property has also seen UPGRADES TO THE FURNACE AND ELECTRICAL within the past 10+ years adding practical value to the existing building. Outside, the generous corner parcel offers multiple access points, including convenient access from the adjoining lane and rear alley, creating additional flexibility for parking, deliveries, future development, or business operations. A substantial 12'5" x 24'7" detached shed provides an impressive amount of additional storage or workspace.

The Downtown District zoning is intended to support a vibrant, pedestrian-oriented town center with a blend of commercial, retail, office, community, and residential uses while encouraging thoughtful infill and redevelopment, making this property particularly appealing for anyone looking to capitalize on the continued growth and character of Downtown Okotoks. Whether you envision operating your own business in a prominent Main Street location, holding the property as an investment, maintaining its residential use, or exploring future redevelopment opportunities, 45 McRae Street offers a rare combination of location, visibility, lot size, access, and flexible downtown zoning in one of Okotoks' most recognizable areas.

Property summary

MLS® number
A2345198
Property type
Single Family
Building type
House
Square footage
684 sq ft
Title
Freehold
Land size
4335 square feet
Built in
1900
Annual property taxes
$4,569.00
Parking
Other
Days on market
2 days

Features & details

Heating
Forced air
Cooling
None
Basement
See Remarks
Flooring
Vinyl
Appliances
Refrigerator, Stove, Microwave, Hood Fan, Washer/Dryer Stack-Up
Exterior features
Aluminum siding
Lot features
Back lane, No Animal Home, No Smoking Home, Level
Architectural style
Bungalow

What would this home cost you?

Based on the $549,800 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,558 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Landan Real Estate, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.