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Okotoks · Single Family · under $775,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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15 Elma Street W
Welcome to Your Beautiful, Move-In Ready Home!Step into this inviting single-family "Character Home", set apart by its charming front yard and bathed in natural sunlight throughout the spacious main floor. The bright and airy living room flows beautifully into the dining area, cozy breakfast nook, and an impressive kitchen—fully equipped with abundant cabinetry and ample space for cooking.Enjoy two generously sized main floor bedrooms, each with built-in cabinets and a handy office nook—perfect for work-from-home days or homework sessions. A full 4-piece bathroom and convenient laundry area add to the family-friendly functionality on this level.Retreat upstairs to your private master suite, where you’ll find a large bedroom, walk-in closet, a dedicated 2-piece ensuite, and peaceful privacy—ideal for unwinding after a busy day.The spacious basement offers plenty of room for extended family or guests, complete with a second kitchen, bedroom, and its own 4-piece bathroom—ensuring comfort and privacy for everyone.Step outside to a large, comfortable deck—the perfect spot for summer barbeques, entertaining friends, or simply relaxing with your morning coffee in the sunshine.This home truly has it all—versatile living spaces, thoughtful updates, and plenty of room for your growing family! Don’t miss your chance to make it yours. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.08 Ft x 12.25 Ft | |
| Living room | 12.92 Ft x 16.25 Ft | |
| Kitchen | 10.83 Ft x 9.00 Ft | |
| Dining room | 6.33 Ft x 11.83 Ft | |
| Foyer | 7.17 Ft x 8.25 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.92 Ft | |
| Storage | 11.50 Ft x 12.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.17 Ft x 12.17 Ft | |
| Bedroom | 9.17 Ft x 12.17 Ft | |
| Living room | 11.25 Ft x 13.58 Ft | |
| Dining room | 14.08 Ft x 14.67 Ft | |
| Kitchen | 11.00 Ft x 12.58 Ft | |
| Breakfast | 5.42 Ft x 8.25 Ft | |
| 4pc Bathroom | 7.83 Ft x 8.33 Ft | |
| Foyer | 5.25 Ft x 7.50 Ft | |
| Other | 4.00 Ft x 4.50 Ft | |
| Other | 14.33 Ft x 15.17 Ft | |
| Other | 10.08 Ft x 14.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.17 Ft x 32.08 Ft | |
| 2pc Bathroom | 6.67 Ft x 8.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
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
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,324
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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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