45 Mcrae Street , Okotoks, Alberta

Residential For Sale in Okotoks, Alberta

$549,800

  • Property type Residential
    Property Type
  • Bedrooms 2
    Bedrooms
  • Bathrooms 1
    Bath
  • Garage 0
    Garage
  • Square feet 684
    Sq Ft
  • Year built 1900
    Year Built

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.

Street Address: 45 Mcrae Street
City: Okotoks
Province/State: Alberta
Postal Code: N/A
County/Parish: Foothills County
Subdivision: NONE
Country: Canada
Latitude: 50.72507112
Longitude: -113.97165291

MLS® Number: A2345198
Price: $549,800
Property Area: 684 Sq ft
Bedrooms: 2
Bathrooms Half: 0
Bathrooms Full: 1
Living Area: 684 Sq ft
Building Area: 0 Sq ft
Year Built: 1900
Listing Date: Sep 17, 2026
Garage Spaces: 0
Property Type: Residential
Property Subtype: Detached
MLS Status: Active

Additional Details

Flooring: N/A
Construction: Aluminum Siding ,Wood Frame
Parking: Off Street
Appliances: Microwave,Range Hood,Refrigerator,Stove(s),Washer/Dryer Stacked
Stories: N/A
Zoning: D
Fireplace: N/A
Amenities: Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths

Utilities & Systems

Heating: Forced Air
Cooling: None

Property Type Residential
Building Type Detached
Square Footage 684 sqft
Community Name NONE
Subdivision Name NONE
Title Fee Simple
Land Size 4,335 sqft
Built in 1900
Annual Property Taxes Contact listing agent
Parking Type Off Street
Time on MLS Listing 31 days

Bedrooms
Above Grade 2
Bathrooms
Total 1
Partial 0
Interior Features
Appliances Included Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer Stacked
Flooring Vinyl
Building Features
Features No Animal Home, No Smoking Home
Construction Material Aluminum Siding , Wood Frame
Structures None
Heating & Cooling
Cooling None
Heating Type Forced Air
Exterior Features
Exterior Finish Aluminum Siding , Wood Frame
Neighbourhood Features
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Amenities Nearby Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Parking
Parking Type Off Street

Interior Size
Total Finished Area: 684 sq ft
Total Finished Area (Metric): 63.55 sq m
Main Level: 684 sq ft
Room Count
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Rooms Above Grade: 4
Lot Information
Lot Size: 4,335 sq ft
Lot Size (Acres): 0.10 acres
Frontage: 48 ft
Legal
Legal Description: Lot: 13-14
Title to Land: Fee Simple

  • No Animal Home
  • No Smoking Home
  • None
  • Microwave
  • Range Hood
  • Refrigerator
  • Stove(s)
  • Washer/Dryer Stacked
  • Other
  • Park
  • Playground
  • Schools Nearby
  • Shopping Nearby
  • Sidewalks
  • Street Lights
  • Walking/Bike Paths
  • Aluminum Siding
  • Wood Frame
  • Poured Concrete
  • Back Lane
  • Corner Lot
  • Irregular Lot
  • Level
  • Off Street

Floor plan information is not available for this property.

Monthly Payment Breakdown
Principal & Interest: $0
Property Tax: $0
Home Insurance: $0
HOA Fees: $0
PMI: $0

Total Monthly Payment: $0
Chart Mortgage:

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REALTOR® Details

Parks Layton