332 Third Street W
Cochrane, AB, T4C1Z6
$529,000
3 Beds
2 Baths
791 SqFt
0.15 Acres
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MLS #A2318121 image #0
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.

Property Details

Price:
$529,000
MLS #:
A2318121
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Downtown
Listed Date:
Jun 4, 2026
Finished Sq Ft:
791
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1956
DowntownFullFew Trees,gentle Sloping,lawn

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Schools

Interior

Appliances
Dishwasher, 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

Market Summary

Current real estate data for Single Family in Cochrane as of Jul 11, 2026
217
Single Family Listed
56
Avg DOM
378
Avg $ / SqFt
$691,719
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 $529,000 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 $669. The average price per square foot for Single Family listings in Cochrane is $378. The average listing price for Single Family in Cochrane is $691,719. To schedule a showing of MLS#a2318121 at 332 Third Street W in Cochrane, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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Cochrane, AB