332 Third Street W, Cochrane, AB, T4C1Z6

Property Details: - Type: Detached - Bedrooms: 3 - Bathrooms: 2 - MLS#: A2318121 Listed By: ROYAL LEPAGE BENCHMARK

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. This detached home located at 332 Third Street W, Cochrane is currently for sale and has been available on Zolo.ca for 0 day. This property is listed at $549,000 with an estimated mortgage of $2,021* per month. It has 3 beds, 2 bathrooms, and is 792 square feet. The property was built in 1956. 332 Third Street W, Cochrane is in the Downtown neighborhood Cochrane. Central St. John's, Downtown_EDMO and Oliver are nearby neighborhoods.