2 Elk Avenue, Okotoks, AB T1S 1J8 (MLS # A2332753)

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PRICE $650,000 dsIDX morgage calculator
BEDS 4
BATHS 1.5
HOME SIZE 1,065 sqft
LOT SIZE 5,663 sqft

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.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 8/1/2026
TRACT NONE YEAR BUILT 1947
GARAGE SPACES 2.0 COUNTY Foothills County
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Bar Fridge, Electric Oven, Microwave, Washer/Dryer Stacked
BASEMENT Exterior Entry, Finished, Full, Yes
CONSTRUCTION Frame, Vinyl Siding
EXTERIOR Private Yard, Rain Gutters
GARAGE Yes
HEAT Forced Air
INTERIOR Storage
LOT 5663 sq ft
LOT DESCRIPTION Back Yard, Corner Lot, Few Trees, Landscaped, Rectangular Lot
PARKING Garage Door Opener, Gravel, Garage, Driveway
STORIES 1
STYLE Bungalow
SUBDIVISION NONE
TAXES 8399
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 2 ELK AVENUE
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Listed with Charles

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Data last updated 8/1/26 11:57 PM PDT

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