This charming home sits on a generous 50 x 130 ft lot with rear lane privacy and 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 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.
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.
Property Details
Price:
$549,000
MLS #:
A2280560
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Downtown
Listed Date:
Jan 21, 2026
Finished Sq Ft:
791
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Appliances
Freezer, Gas Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
Other
Lot Features
Few Trees, Gentle Sloping, Lawn
Lot Size Dimensions
50 x 130 feet
Parking Features
Attached Carport
Parking Total
2
Patio And Porch Features
Front Porch
Roof
Asphalt Shingle
Financial
Map
Community
- Address332 Third Street W Cochrane AB
- SubdivisionDowntown
- CityCochrane
- CountyRocky View County
- Zip CodeT4C1Z6
Subdivisions in Cochrane
- Bow Meadows
- Bow Ridge
- Crawford Ranch
- Downtown
- East End
- Fireside
- Glenbow
- GlenEagles
- Greystone
- Heartland
- Heritage Hills
- Industrial
- Jumping Pound Ridge
- Precedence
- River Heights
- River Song
- Rivercrest
- Riverview
- Riviera
- Rolling Range Estates
- Southbow Landing
- Sunset Ridge
- Sunterra Ridge
- The Willows
- West Pointe
- West Terrace
- West Valley
Market Summary
Current real estate data for Single Family in Cochrane as of May 08, 2026
223
Single Family Listed
59
Avg DOM
380
Avg $ / SqFt
$699,486
Avg List Price
Property Summary
- Located in the Downtown subdivision, 332 Third Street W Cochrane AB is a Single Family for sale in Cochrane, AB, T4C1Z6. It is listed for $549,000 and features 3 beds, 2 baths, and has approximately 791 square feet of living space, and was originally constructed in 1956. The current price per square foot is $694. The average price per square foot for Single Family listings in Cochrane is $380. The average listing price for Single Family in Cochrane is $699,486. To schedule a showing of MLS#a2280560 at 332 Third Street W in Cochrane, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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