45 Mcrae St. | | Okotoks

45 Mcrae Street |

Beds
2 0
Baths
1.0
Sqft
684
Lot Sqft
4,335
Year Built
1900
Days Listed
20
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 - 21 days on site
Last Updated: Oct 07, 2026 09:25am 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.

"I couldn't ask for a better REALTOR ®️ team to help us buy our first home" - S. Stoyles

Similar Properties

20 Lakewood Way

Lakewood 4 Bed 3.5 Bath 1605sqft

eXp Realty

115 5 St

NONE 4 Bed 2 Bath 990sqft

Real Broker

Reduced

31 Lewiston Park

Lewisburg 4 Bed 3 Bath 1791sqft

Bode Platform Inc.

155 Stargazer Grove

Moraine 3 Bed 2.5 Bath 1952sqft

Charles

228 Castleridge Drive

Castleridge 5 Bed 3 Bath 1025sqft

Real Estate Professionals Inc.

16 Saddlecrest Park

Saddle Ridge 4 Bed 3.5 Bath 1848sqft

RE/MAX Complete Realty

128 Doverthorn Bay

Dover 5 Bed 2.5 Bath 1151sqft

REMAX Innovations

70 Schooner Close

Scenic Acres 5 Bed 3.5 Bath 1900sqft

First Place Realty

417 River Heights Drive

River Song 3 Bed 2.5 Bath 2207sqft

Royal LePage Benchmark

“I never had to wait any length of time for her to answer my call or text. ”.
 
- Diane Elizabeth Gaulton
“A lot of people viewed the movie and pictures within the first 24 hours and I believe we had around 10 showings within the first two days.”.
 
- Gerald Lichti
“During negotiations Breanna was a huge asset and her skill and knowledge really helped us get the best deal we could.”.
 
- Brendon V.

Breanna
Albrecht