01 / Property Detail

HERITAGE OKOTOKS

77 Elma Street W, Okotoks, AB

$675,000

Residential · MLS® A2290858
4Bedrooms
1Bathrooms
1,200Sq Ft
1Garage
1927Year Built
02 / Overview

PROPERTY OVERVIEW

THIS IS A RARE FIND! Zoned for commercial or residential. A charming heritage home on highly coveted Elma Street, one of Okotoks’ most historic and picturesque locations. This beautifully maintained 1.5 storey property sits on a large, private, tree-filled lot with an updated exterior, a white picket fence, a welcoming covered veranda, and a stunning backyard oasis w/ pond and stunning flower beds, making it feel like your own private park.

Zoned Heritage Mixed Use, this property offers exceptional flexibility—ideal...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,200 sq ft
Lot Size5,750 sq ft
ZoningD
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorPrivate Entrance • Private Yard
BasementPartial
Year Built1927
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$691After mortgage & expenses
Cap Rate3.2%Based on market rents
Cash on Cash Return-6.1%With 20% down payment
Est. Monthly Rent$2,300Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

HERITAGE OKOTOKS

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Laura Kitchen · RE/MAX Landan Real Estate