332 Third Street W — photo 1
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Detached

$549,000

332 Third Street W, Downtown, Cochrane, Alberta

3
Beds
2
Baths
791 sqft
Floor area
Jun 4, 2026
Listed
Property Description

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.

Features & Amenities
Built-in Features
Laminate Counters
Storage
Other
Additional Information
MLS®
242991727
Type
Detached
Status
Active
Year built
1956
Neighbourhood
Downtown
Lot size
50 x 130 feet
Days on market
5 days
Brokerage
Royal LePage Benchmark
Location

332 Third Street W, Cochrane, Alberta T4C1Z6

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