$529,000
332 Third Street W
Downtown, Cochrane, Alberta
About this home
This charming home sits on a generous 50 x 130 ft lot with exciting redevelopment potential near downtown Cochrane. A fully finished home today, combined with zoning consideration and the option to assemble with the neighbouring lot, makes this a compelling opportunity in a high-demand location. This unique property is one of the last remaining of its kind in downtown Cochrane.This character-filled home has been lovingly maintained over the years and remains move-in ready for its next chapter. The main level features a bright living room and two comfortable bedrooms, while the fully developed lower level adds a third bedroom, a recreation room, and a bar area—offering flexible space for everyday living or entertaining.The property includes street parking along with a private driveway leading to a carport, and the backyard provides a quiet, private setting with no neighbours behind. The 50 x 130 ft lot offers ample outdoor space today and strong future potential.Currently zoned R-LD (Residential Low Density), the property is located directly next to parcels with C-HD (Commercial Historic Downtown) zoning. The adjacent lot of equal size is also available, and the seller has expressed a preference to sell both together, creating a larger land assembly opportunity. Buyers are encouraged to consult with the Town of Cochrane regarding possible rezoning options, which could allow for a wide range of residential or commercial uses.Whether you’re looking to live in, invest, or explore redevelopment possibilities, this property offers flexibility, location, and long-term upside in one of Cochrane’s most desirable areas. The garage lot on the East side of this home is also for sale MLS A2318094. (id:66681)
Property details
- Bedrooms
- 3
- Bathrooms
- 2
- Half baths
- 0
- Year built
- 1956
- Property type
- Residential
- Building type
- Bungalow
- Appliances
- Refrigerator, Gas stove(s), Dishwasher, Microwave, Hood Fan, Washer & Dryer
- Parking
- Carport (2)
- Zoning
- R-LD
- Community
- Downtown
- MLS®
- A2318121
- Days on market
- 66
Location
Listing information last updated 1mo ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$105,800 (20%)
$2,581 / month
First payment: $1,914 interest, $666 principal