The Town aims to provide a concise and transparent process for Town-owned lands. This involves taking an inventory of existing land assets within Okotoks to achieve various objectives (recreation, conservation, expansion, operations, etc.), as well as developing a system to further plan for future land needs. This page contains information on Town leasing and disposition opportunities, and the administrative guidelines that govern the acquisition, disposal and utilization of municipal lands in Okotoks.
Sale Opportunities
100–31 Sage Way
The Town of Okotoks invites qualified developers and operators to submit proposals to purchase and develop 100–31 Sage Way as a medium‑density rental project that expands housing options in our growing community.
- The property is listed at $999,750.
- Proposals that include affordable housing may be eligible for a discounted purchase price, depending on the level of affordability.
- A minimum price of $500,000 applies to proposals that offer 100% affordable units for at least 20 years, supported through programs such as the CMHC Affordable Housing Fund or the Alberta Affordable Housing Partnership Program.
- Applications close at 2:00:59 p.m. (MDT) on April 30, 2026.
For full details on the submission requirements, evaluation criteria, and purchase terms, visit the Town's Bids and Tenders page:
15 Drake Landing Common
The Town of Okotoks invites qualified residential developers and builders to apply for the purchase and development of 15 Drake Landing Common, a prime infill parcel in a mature, well‑established neighbourhood. The site is ideal for subdivision and new residential construction in accordance with the Traditional Neighbourhood District.
- To preserve community character, proposals requiring a land use redesignation will not be accepted.
- The Town seeks fair market value, with consideration given to the subdivision and servicing costs required to bring the site to development-ready stage.
- Applications close 2:00:59 PM (MDT), April 30, 2026.
For full details on the submission process, evaluation criteria and purchase terms, please visit the Town’s Bids and Tenders page:
Bid on the Opportunity
Lease Opportunities
There are no leasing opportunities at this time.