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$700,000
78 Mcrae Street
Okotoks, Alberta, Alberta, T1S1J6
MLS® Number: A2207625
Property description
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.
Building information
Type
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Appliances
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Architectural Style
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Basement Development
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Basement Type
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Constructed Date
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Construction Material
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Flooring Type
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Foundation Type
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Half Bath Total
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Heating Type
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Size Interior
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Stories Total
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Total Finished Area
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Land information
Amenities
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Fence Type
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
4pc Bathroom
*****
Bedroom
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Bedroom
*****
Primary Bedroom
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Living room
*****
Dining room
*****
Kitchen
*****
Basement
2pc Bathroom
*****
Bedroom
*****
Storage
*****
Storage
*****
Laundry room
*****
Living room
*****
Main level
4pc Bathroom
*****
Bedroom
*****
Bedroom
*****
Primary Bedroom
*****
Living room
*****
Dining room
*****
Kitchen
*****
Basement
2pc Bathroom
*****
Bedroom
*****
Storage
*****
Storage
*****
Laundry room
*****
Living room
*****
Main level
4pc Bathroom
*****
Bedroom
*****
Bedroom
*****
Primary Bedroom
*****
Living room
*****
Dining room
*****
Kitchen
*****
Basement
2pc Bathroom
*****
Bedroom
*****
Storage
*****
Storage
*****
Laundry room
*****
Living room
*****
Main level
4pc Bathroom
*****
Bedroom
*****
Bedroom
*****
Primary Bedroom
*****
Living room
*****
Dining room
*****
Kitchen
*****
Basement
2pc Bathroom
*****
Bedroom
*****
Storage
*****
Storage
*****
Courtesy of Real Broker
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