14 Knight Street, Okotoks, Alberta

About 14 Knight Street

Investor Opportunity in Okotoks! Welcome to 14 Knight Street, a income-ready 1,346 sq ft bungalow on a spacious 50' x 127' (6,350 sq ft) lot in the established Central Heights neighborhood—ideal for cash flow investors, house hackers, or buy-and-hold buyers. • Zoned R-1, the lot offers long-term redevelopment potential in a fast-growing town just 18 minutes south of Calgary. • The home features 4 bedrooms, 2 full bathrooms, and a separate entrance to the finished basement, making it easy to suite or convert for dual occupancy. • Recent capital improvements include a high-efficiency Lennox furnace and John Wood hot water tank (2017), new deck structures (2020), updated railings (2024), and new flooring in the bedrooms (2024). • The laundry room renovation (2022) includes a high-efficiency gas dryer—a reliable upgrade for tenants or future resale. • The new hot tub (2024) under a refinished pergola boosts short-term rental appeal and lifestyle value. • A massive 24' x 29' heated garage adds versatility for a workshop or storage • Central Heights is seeing rising demand with low inventory, and Okotoks’ population is projected to grow 20% by 2031, pushing up property values and rents. • Nearby amenities include top-rated schools, bike paths, river walks, and a vibrant downtown with restaurants, cafes, and retail just minutes away. • Okotoks currently has a low vacancy rate (~1.5%) and average rents for updated 4-bedroom homes exceed $2,500/month, offering strong ROI potential. • With immediate possession and all major upgrades already completed, this is a low-risk, high-upside property in one of Alberta’s most desirable bedroom communities. • Contact us today to schedule a private viewing or request a full investment breakdown!

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