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500-402080 23 Street W
Beds
4
Baths
5 full + 1 half
Sqft
2,549
Year
2016
Type
Single Family
On market
18d
It can take a long time to find just the right acreage that ticks ALL the boxes but here is a remarkable property that offers a long list of sought after and appealling features!! PERFECTLY located just a short drive SW of the town of Okotoks at the end of a paved rural subdivision road that is gated, quiet and highlights an attractive Rocky Mountain view! This professionally landscaped 5.4 acres with it's own pond,manicured lawn and mature trees also encompasses the surrounding natural landscape to enhance the COUNTRY LIFESTYLE feel that you may have been searching for! A 2550ft2 BUNGALOW built in 2016 awaits it's new family and hosts an extensive list of features and upgrades that you would expect from a modern custom built home! A light filled open concept layout,professional-grade appliances and custom cabinetry in the kitchen, a spa inspired en-suite bathroom, a dedicated executive den/office for remote work from home, smart home integration, floor to ceiling windows to capture the panoramic mountain view, and so much more! The outdoor living spaces are great for entertaining as you enjoy breathtaking sunset views from the covered wrap around deck! Been wanting a workshop?? How does a 3500ft2 fully finished heated shop with its own bathroom, lounge area/ man cave,mezzanine and a separate bay for the RV sound? These are some of the outstanding features offered by this desirable country estate property but only with an actual in person viewing can you truly appreciate the quality,peacefullness and value here. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Recreational, Games room | 31.00 Ft x 18.33 Ft | |
| Bedroom | 18.00 Ft x 16.00 Ft | |
| Bedroom | 18.00 Ft x 13.17 Ft | |
| Bedroom | 17.08 Ft x 11.00 Ft | |
| Other | 13.58 Ft x 13.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.50 Ft x 7.58 Ft | |
| Dining room | 17.67 Ft x 11.00 Ft | |
| Living room | 19.42 Ft x 18.58 Ft | |
| Kitchen | 15.83 Ft x 11.00 Ft | |
| Breakfast | 11.00 Ft x 9.50 Ft | |
| Pantry | 11.00 Ft x 4.83 Ft | |
| Other | 20.17 Ft x 9.42 Ft | |
| Laundry room | 9.42 Ft x 7.83 Ft | |
| Office | 13.50 Ft x 11.00 Ft | |
| Primary Bedroom | 16.42 Ft x 14.50 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| 5pc Bathroom | .00 Ft x .00 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
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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
-0.55%
Cap rate
4.75%
GRM
13.9
Break-even rent
$15,241
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 May 29, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Foothills County. 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.