2 Elk Avenue , Okotoks

$699,900

4 Beds
2 Baths
1,065 Sqft
.13 Acres
1 Garages

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.

Essential Information
MLS® #A2308807
Price$699,900
Bedrooms4
Bathrooms2.00
Full Baths1
Half Baths1
Square Footage1,065
Acres0.13
Year Built1947
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address2 Elk Avenue
SubdivisionNONE
CityOkotoks
CountyFoothills County
ProvinceAlberta
Postal CodeT1S 1J8
Amenities
Parking Spaces2
# of Garages1
Parking

Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Side, Gravel Driveway, Oversized

Interior
HeatingForced Air
CoolingSep. HVAC Units
Has BasementYes
BasementFull
Interior Features

No Smoking Home, Separate Entrance, Storage, Vinyl Windows

Appliances

Bar Fridge, Electric Oven, Garage Control(s), Microwave, Wall/Window Air Conditioner, Washer/Dryer Stacked

Exterior
Exterior FeaturesPrivate Yard, Rain Gutters
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Corner Lot, Few Trees, Landscaped, Rectangular Lot, Street Lighting

Additional Information
ZoningD
Listing Details
OfficeCharles
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