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Reduced $5,000 (1%) from $619,000
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108 Drake Landing Court
Beds
4
Baths
4 full + 1 half
Sqft
1,641
Year
2005
Type
Single Family
On market
46d
Welcome to this beautiful detached two storey home offering 2,431 sq. ft. of developed living space, complete with 4 bedrooms and 3.5 bathrooms, 21’4”x 21’1” detached garage, paved laneway, plus an additional covered carport. Ceramic and hardwood flooring carries through the main, with fresh carpet upstairs, and LVP at the lower level. This home was part of Drake Landing Solar Community, decommissioned in 2024 this home was converted to traditional heating systems, all the homes’ major components are freshly installed! Roof 18 months new, Stove, Fridge within 2yrs. Kitchen just received a new facelift as well. Home also includes AirConditioning. Inside, you’re greeted by a bright foyer with Neutral finishes that carry throughout this freshly painted home. The living room feels warm and comfortable, centered around a gas fireplace, an ideal spot to relax or entertain. The kitchen truly anchors the main level, showcasing updated cabinetry, quartz countertops, stainless steel/black appliances, and a central island perfect for prep or casual meals. Laundry on the main is conveniently tucked near the back entry. The main level half bath is centrally located within the main level. Upstairs, you’ll find three bedrooms, including a spacious primary suite with a walk in closet and a private 4 piece ensuite. The additional two bedrooms are well sized and share a 4 piece bathroom. The fully finished basement offers even more living space with a large family/rec room, a fourth bedroom, and a 3 piece bathroom perfect for guests or teens. Did I mention the mechanical room – with NEW Furnace and Hot Water Tank. Outside, the home is sitting on a generous 4130 sq. ft. lot. With a mature tree in the front for added privacy. Low maintenance garden beds fully fenced back yard features a deck and lots of space ideal for summer evenings or letting kids and pets play. Drake Landing is a vibrant, family friendly community with parks, pathways, playgrounds, and nearby schools, includi ng French and English elementary and high schools just a short walk away. You’re also close to shopping, amenities, and major routes. This home is truly move in ready and offers the perfect blend of space, style, and location in one of Okotoks’ most sought after neighbourhoods. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 8.83 Ft | |
| Bedroom | 9.08 Ft x 13.83 Ft | |
| Recreational, Games room | 17.00 Ft x 18.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 9.08 Ft x 14.33 Ft | |
| Kitchen | 11.00 Ft x 14.33 Ft | |
| Laundry room | 6.92 Ft x 8.25 Ft | |
| Living room | 15.42 Ft x 15.58 Ft | |
| 2pc Bathroom | 4.92 Ft x 5.33 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.42 Ft x 10.00 Ft | |
| 4pc Bathroom | 7.25 Ft x 5.92 Ft | |
| Bedroom | 8.92 Ft x 11.58 Ft | |
| Bedroom | 9.00 Ft x 11.58 Ft | |
| Primary Bedroom | 14.00 Ft x 16.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,808
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 4, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Okotoks. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.