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78 Mcrae Street
Heritage Okotoks Okotoks T1S 1J6

$725,000
Residential beds: 4 baths: 2.0 1,176 sq. ft. built: 1959

Main Photo: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 1: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 2: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 3: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 4: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 5: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 6: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 7: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 8: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 9: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Photo 10: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2207625
Bedrooms:
4
Bathrooms:
2
Year Built:
1959
Prime Redevelopment Opportunity in the Heart of Okotoks Situated on a generous 75-foot wide, 9,700+ sq ft lot, 78 McRae Street presents an exceptional opportunity for developers, investors, or visionaries looking to shape the future of downtown Okotoks. The property features Downtown District (D) zoning, which allows for a flexible blend of residential, commercial, and mixed-use developments (subject to Town of Okotoks approval). This zoning supports a variety of possibilities—ground-floor retail with residential units above, office space, cafés, boutique hotels, or even multi-family housing—designed to contribute to a lively, pedestrian-focused town center (subject to city approval). The Town of Okotoks is actively pursuing its Downtown Area Redevelopment Plan (ARP), an initiative focused on revitalizing the core through thoughtful development, public realm improvements, and a mix of old and new architecture. This property is ideally positioned to align with that vision and take advantage of the town’s commitment to creating a vibrant, walkable downtown. The existing home is a classic bungalow that could be renovated, used as a holding property, or cleared for new development. Located just steps from historic Elma Street, local shops, restaurants, and cultural amenities, this property also offers quick access to Calgary in just 15 minutes and the Rocky Mountains for weekend escapes and recreation. Opportunities like this—on large lots in flexible zones with community-backed growth plans—are rare. Seize your chance to be part of Okotoks’ evolving downtown core.
Additional Images
Map Service
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,176 sq. ft.
Main Level Finished Area:
1,176 sq. ft.
Below Grade Finished Area:
879.65 sq. ft.
Lot Area:
9,750 sq. ft.
Lot Frontage:
75'4"
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1959 (Age: 66)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
1650E
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt/Gravel
Ensuite:
No
Flooring:
Hardwood
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Oversized
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Heritage Okotoks
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
NA
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
13'6" × 10'10"
Main Floor
Dining Room
11'3" × 10'4"
Main Floor
Living Room
19'11" × 13'6"
Main Floor
Bedroom - Primary
13'5" × 10'7"
Main Floor
Bedroom
11'11" × 10'1"
Main Floor
Bedroom
10'11" × 10'
Basement
Living Room
22'5" × 12'8"
Basement
Laundry
12'8" × 9'6"
Basement
Storage
12'8" × 8'11"
Basement
Storage
12'9" × 8'5"
Basement
Bedroom
15'5" × 12'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 10'1"
Basement
No
2
4'8" x 5'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Separate Entrance
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Partial
Region:
Foothills County
Zoning:
D
Listed Date:
May 12, 2025
  • Photo 1: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 1 of 10
  • Photo 2: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 2 of 10
  • Photo 3: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 3 of 10
  • Photo 4: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 4 of 10
  • Photo 5: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 5 of 10
  • Photo 6: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 6 of 10
  • Photo 7: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 7 of 10
  • Photo 8: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    separate entrance
  • Photo 9: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 9 of 10
  • Photo 10: 78 Mcrae Street: Okotoks Detached for sale : MLS®# A2207625
    Photo 10 of 10

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Larger map options:
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Listed by Real Broker
Data was last updated May 16, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
149
Avg list price:
$680,000
Min list price:
$175,900
Max list price:
$2,485,000
Avg days on market:
21
Min days on market:
1
Max days on market:
255
Avg price per sq.ft.:
$389.83
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
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DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.