45 Mcrae St. | | Okotoks

45 Mcrae Street |

Beds
2 0
Baths
1.0
Sqft
684
Lot Sqft
4,335
Year Built
1900
Days Listed
40
Type
Detached
Status
Active
Garage
No
Foundation
Concrete
Condo Fee
No
Price Change
None

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.

MLS ® #: A2345198
Listing Office: RE/MAX Landan Real Estate
Date Listed: September 17, 2026 - 41 days on site
Last Updated: Oct 28, 2026 02:35am MST

$549,800

Details

Style:
bungalow

Interior:
no animal home, no smoking home

Exterior:
none

Lot:
back lane, corner lot, irregular lot, level

Parking/Garage:
off street

Frontage (feet):
48.00

Even More Details

Taxes:
$0

Foundation:
poured concrete

Construction:
aluminum siding ,wood frame

Flooring:
vinyl

Roof:
asphalt shingle

Heating:
forced air

Inclusions:
n/a

Room Sizes

Living Room

13`9" x 13`4"

Kitchen

9`10" x 13`4"

Bedroom

10`2" x 10`0"

4pc Bathroom

Bedroom

7`2" x 10`0"

Mud Room

7`11" x 7`7"

Thoughtful | Loyal | Effective

Loving this home?

Breanna will call to discuss.

"Would definitely recommend, especially for first-time homebuyers who need a little bit more guidance and help" - Jennifer Sine

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