
Downey Ridge, Okotoks
5 bed · 3 bath · 1,406 sq ft
Listing provided by Barry Harvey of Royal LePage Solutions
For sale58 days on hômmLast checked with the board’s feed












20 more photos in the full gallery.
$534,500 asking price
Situated on historic Elma Street, this unique property offers exceptional potential for both residential living and business use, thanks to its desirable zoning and prime location. Nestled on one of Okotoks' most charming, tree-lined streets, you'll enjoy the character and charm of the town's historic district while being just steps from shopping, boutique stores, walking paths, and the river. Most recently operated as a pre-kindergarten school, the home presents an excellent opportunity for a home-based business, professional office, or conversion back to a comfortable family residence. Two spacious rooms, previously used as bedrooms, can easily be returned to their original purpose, while the bright, open-concept layout creates a welcoming and versatile living space. Recent updates include newer windows, shingles (approximately 2 years old), a high-efficiency furnace (approximately 5 years old), and exterior paint and maintenance, providing peace of mind for the next owner. The oversized double detached garage is wired and offers plenty of space for parking, storage, or a workshop. Backing onto an environmental reserve, the property enjoys exceptional privacy and a beautiful natural setting. Whether you're looking to establish a business, invest, or create your dream home in one of Okotoks' most picturesque neighbourhoods, this is a rare opportunity in an outstanding location. Call for a private viewing today.
| MLS® number | A2333876 |
|---|---|
| Property type | Detached Single Family |
| Style | 4 Level Split |
| Lot size | 5,745 sq ft |
| Days on hômm | 58 days on hômm |
| Annual property tax | $3,881/year (2026) |
| Listing REALTOR® | Debbie LaLiberte |
| Brokerage | CIR Realty |
Yes — at our last check this home was still on the market at $534,500 (58 days on hômm). A home can go under contract the same day an offer is accepted, so the “last checked” stamp near the top of this page is the honest measure of how current that is.
Ask for a tour on this page, or book a call with hômm, and we will put you with a REALTOR® who arranges the showing with the listing brokerage — usually the same day.
Book a call with hômmThe asking price for 106 Elma Street W, Okotoks is $534,500. What a home actually sells for is settled by what comparable homes nearby have recently sold for, its condition, and how it is priced against them — not by an online figure. A REALTOR® can walk you through the recent sales on this street before you write an offer. If it is your own home you are wondering about, hômm’s free home-worth tool gives you a starting number in about a minute.
What is my home worth?Other active listings currently on the market near this one.

Downey Ridge, Okotoks
5 bed · 3 bath · 1,406 sq ft
Listing provided by Barry Harvey of Royal LePage Solutions
Website provided by Kelly Grant
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.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).