Cimarron, Okotoks · MLS® A2350639
221
1,076 sq ft · Condo · Single Family · built 2004 · 17 days on market
listed by Drew Flemmer, Century 21 Masters
TOP FLOOR 2 bedroom, 2 bathroom condo offering one of the largest layouts in the building. The spacious floorplan has a generous living room with a gas fireplace, two big bedrooms, 2 full bathrooms, and a practical laundry room with additional storage. Enjoy the convenience of a heated underground parking stall along with a secure storage locker located in front. The huge covered balcony includes a gas hookup for your BBQ and provides a great outdoor space to enjoy year round. The building is secure and equipped with an elevator. Condo fees INCLUDE ELECTRICITY, gas, and water, helping simplify your monthly expenses. Located within walking distance of shopping, restaurants, and everyday amenities, making it an excellent opportunity for investors or future homeowners looking to secure a property in a convenient location.
about $1,974 a year
The asking price times Okotoks's 2026 residential rate of 6.81 per $1,000 (municipal and education).
The listing shows $2,342 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,263 · tax $195 · strata $724 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Okotoks: CMHC's average there ($1,778) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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Walkability 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 18 places to eat or drink, 2 cafes, 8 parks and playgrounds, 3 schools, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.