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Okotoks · Single Family · under $750,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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20 Iris Crescent
Sunday open house canceled.. Located on the north end of charming Okotoks in D’Arcy Ranch, this newer, non-condo perfect-condition 2100 sq ft home featuring 4 bedrooms, and an oversized double garage is what you have been patiently waiting for. Highlights:•Builder finished legal basement suite•Bright & beautifully laid out, upgraded home•Large, insulated garage offering space for more than just 2 cars•Fully landscaped•Quiet location•Near major thru fares & services•Move in condition. The 9-ft high main floor with textured ceiling & LVP flooring opens to a bright family room leading to the dining area, with a fully upgraded kitchen at the back. The main floor kitchen makes an immediate statement with its rich 2-tone cabinetry, bright quartz countertops, and subway backsplash that adds depth & character. Upgraded appliances include chimney hood fan, 3-door fridge with bottom freezer, stylish stove, AND built-in microwave oven giving a contemporary edge while the oversized island provides both gathering space and practical prep area. The stairs lead up to a loft opening to the primary bedroom on 1 side with an ensuite featuring a 5-ft shower with glass door, 2 bedrooms on the other side, a stylish main bathroom, and a dedicated laundry room for everyday convenience. A separate side entrance leads down to a fully legal one-bedroom suite with its own kitchen (featuring its own window), living room, laundry, and bathroom. The fenced backyard is no-maintenance featuring CONCRETE patio. Near the D’Arcy Ranch Golf Club and the D’Arcy Crossing shopping area, and just steps from the new K-9 Separate School (projected completion Fall 2027), you’ll love the walkability and community feel. And enjoy quick access for an easy commute to Calgary if necessary.Discover a gentler life in Okotoks in a perfect condition home for the safe choice. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Living room/Dining room | 13.92 Ft x 14.33 Ft | |
| Kitchen | 5.25 Ft x 13.67 Ft | |
| Bedroom | 9.50 Ft x 10.08 Ft | |
| 4pc Bathroom | 7.08 Ft x 7.42 Ft | |
| Storage | 3.00 Ft x 9.17 Ft | |
| Furnace | 10.00 Ft x 11.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.00 Ft x 14.92 Ft | |
| Dining room | 7.67 Ft x 14.50 Ft | |
| Kitchen | 12.67 Ft x 14.33 Ft | |
| Foyer | 4.50 Ft x 6.00 Ft | |
| 2pc Bathroom | — | |
| Other | 5.67 Ft x 7.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.67 Ft x 13.08 Ft | |
| Other | 5.67 Ft x 6.00 Ft | |
| Bedroom | 9.50 Ft x 11.58 Ft | |
| Bedroom | 9.50 Ft x 11.58 Ft | |
| 3pc Bathroom | 5.42 Ft x 8.75 Ft | |
| Laundry room | 3.33 Ft x 5.50 Ft | |
| 4pc Bathroom | 5.00 Ft x 7.42 Ft | |
| Loft | 5.50 Ft x 11.58 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
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
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
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
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
-1.15%
Cap rate
4.63%
GRM
13.9
Break-even rent
$4,239
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
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 7, 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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