3 Bedrooms | 2 Bathrooms | 1380 sq ft
332 Third Street W
Cochrane, Alberta
- $549,000
- $549,000
Positioned on a large lot in one of Cochrane’s most walkable and evolving areas, this well-cared-for property presents a rare opportunity for homeowners, investors, or builders looking to secure long-term value. With character, flexibility, and future potential, it offers far more than meets the eye.
- A2280560
- 3
- 2
- 791.66
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 considerations 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.
DETAILS
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Property Type Detached, Residential
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MLS Number A2280560
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Property Size 791.66 sqft
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Bedrooms 3
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Bathrooms 2
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Year Built 1956
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Property Status Active
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Parking 2
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Brokerage name Royal LePage Benchmark
Downtown Cochrane
With excellent access to community walking trails and children’s play areas, the Bow Meadows neighbourhood offers a delightful rural location, in a genuinely sought-after area..
Community Guide
Downtown Cochrane is the vibrant heart of Cochrane, Alberta, blending small-town charm with a lively mix of modern amenities, historic character, and local culture.
Known for its western heritage and rustic, welcoming atmosphere, downtown Cochrane is a popular destination for both locals and visitors, offering a unique blend of shopping, dining, and community events set against the stunning backdrop of the Rocky Mountains.
Downtown Cochrane has retained much of its historic Western charm, with buildings reflecting a classic prairie town feel. Many businesses are housed in charming, rustic-style buildings, some of which date back decades. This unique ambiance makes everyday life feel like part of a community tradition. With local events like the Cochrane Farmers’ Market, street fairs, and seasonal festivals, residents can enjoy a lifestyle rich with tradition and community spirit.
Show Is Better Than Tell
Video & Photos
On The Map
Location
Essential Services
Healthcare & Schools
Cochrane has several health care providers, including the Cochrane Community Health Centre, offering medical, dental, and physiotherapy services. For specialized care, Calgary’s health facilities are a short drive away, including Rockyview General Hospital, one of Calgary’s major healthcare facilities. The hospital offers comprehensive medical services, including emergency care, specialized treatments, and outpatient services, ensuring residents have access to high-quality healthcare.
Cochrane is served by both the Rocky View School Division and the Calgary Catholic School District, with several high-quality schools for elementary, middle, and high school students. Additionally, there are private and specialized learning options in town.
Cochrane Schools
Holy Spirit Catholic School – Fireside: Website
Fireside School – Fireside: Website
Bow Valley High School – Riversong: Website
Cochrane Christian Academy – East End: Website
Cochrane High School – Cochrane Heights: Website
Elizabeth Barrett Elementary School – Cochrane Heights: Website
Manachaban Middle School – Cochrane Heights: Website
École Notre-Dame Des Vallees – West Terrace: Website
Mitford School – West Terrace: Website
Glenbow Elementary School – Glenbow: Website
St. Timothy High School – Sunset Ridge: Website
RancheView School – Sunset Ridge: Website
Amenities
Despite its central location, downtown Cochrane is surrounded by natural beauty.
The Bow River and various parks are close by, providing plenty of opportunities to relax and connect with nature. Residents often take advantage of nearby Riverside Park and enjoy the Bow River Pathway for leisurely walks, jogging, or biking along the water. There’s also several amenities within walking distance, including the Tim Bannister Memorial Rink, Lions Centennial Park, and the tennis and pickleball courts at Quigley Park.
Shopping & Dining
Downtown Cochrane’s Main Street is lined with historic buildings that showcase the town’s western roots.
Along Main Street, you’ll find boutique shops, artisan stores, cozy cafes, and local businesses that reflect Cochrane’s unique character. There’s also a wide range of big box retailers and grocery stores, including No Frills, Safeway, Save-On-Foods, Winners, and Canadian Tire.
Ken Morris
Royal Lepage Benchmark
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Experience the peace and possibilities this woodland retreat has to offer—schedule your private showing today and step inside your own acreage sanctuary. Don’t miss the chance to see this unique property in person.
