37 Elma Street W, Okotoks

$1,145,000

3 Beds
3 Baths
1,271 Sqft
.2 Acres
2 Garages

Don’t miss out on this rare opportunity! Enjoy beautiful historic Elma Street with a mix of homes, small businesses, shops, restaurants, lined with towering trees and only a few steps from the heart of Olde Town Okotoks shopping district. Enjoy the downtown lifestyle with walkability to amenities, pathways, river park and easy access to Calgary. Zoned “Downtown District”, this property offers a world of potential having two amazing functional residences, with revenue or discretionary commercial uses. The latest development on this property (2023) is a fully detached legal self-contained 363 sq. ft. tiny home with private patio, gas-line for barbeque, and attached double garage (heated, insulated, epoxy flooring). Back alley access with 5 paved parking stalls. All on a massive triple lot (75’x 115’) offering peace and privacy, fenced, beautifully landscaped with mature trees, shrubs, retaining walls, gardens and courtyard areas. The primary home and legal tiny home can both enjoy the lovely back yard space. There is no end to the possibilities here! This one-of-a-kind walkout bungalow has attractive curb appeal with Spanish style exterior, second floor tower loft and a quaint front lounging deck. Built in 1934, the timeless Heritage details have been preserved and beautifully maintained with country charm, giving a Homes and Gardens vibe. Hardwood flooring, towering ceilings, vintage doors, trim and fixtures. The functional plan is bright, spacious, has large windows for enjoyment of morning and afternoon light. Front entrance opens to spacious living room with fireplace feature wall (fireplace decorative only). Fabulous country chic kitchen with plenty of cupboard and counter space. Adjoining open dining area with access to updated deck and privacy walls. Dining area with open staircase leading to upper loft flex room, ideal for office, playroom, or guest room. Primary and secondary bedrooms are on the main level as well as a 4-piece bathroom, and storage closet spaces. The lower basement level is fully developed featuring spacious family/games room area (with space to develop an additional bedroom), 4-piece bathroom, wet bar counter with cabinets, laundry area, updated vinyl plank flooring, and walk-out to back yard. This area is ideal for family activities, home office, with potential for a legal or illegal suite (Note: legal suite designation requires Town of Okotoks approval). The detached back yard Tiny Home was built in 2023 and has been occupied only by the owner. It features a modern kitchen, dining/living space, separate laundry/utility room (European washer/dryer), good size bedroom, 4-piece bathroom, high ceilings, and in-floor heat throughout. This exceptional property is move-in ready!

Essential Information
MLS® #A2213423
Price$1,145,000
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage1,271
Acres0.20
Year Built1934
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address37 Elma Street W
SubdivisionHeritage Okotoks
CityOkotoks
CountyFoothills County
ProvinceAlberta
Postal CodeT1S 1J7
Amenities
Parking Spaces7
# of Garages2
Parking

Double Garage Detached, Garage Door Opener, Heated Garage, Off Street, Oversized, Paved, See Remarks, Stall, Other, Rear Drive

Interior
HeatingIn Floor, Forced Air
CoolingNone
Has BasementYes
BasementFinished, Full
Interior Features

High Ceilings, No Smoking Home, See Remarks, Vaulted Ceiling(s), Wood Counters

Appliances

Dishwasher, Dryer, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Water Softener

Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description

Back Lane, Backs on to Park/Green Space, Fruit Trees/Shrub(s), Landscaped, Private, See Remarks, Treed

Construction

Composite Siding, Stucco, Wood Frame

Additional Information
ZoningD
Listing Details
OfficeReal Estate Professionals Inc.
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Charles
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