homm
332 Third Street
For SaleMLS® #A2318121Pillar 9

$549,000

5 days on hômm

332 Third Street

Downtown, Cochrane, Alberta T4C1Z6

2+1
Beds
2
Baths
791.66
Sqft
1956
Built
ResidentialBungalowDetached Single Family

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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.

Included with Sale

DishwasherGas StoveMicrowaveRange HoodRefrigeratorWasher/Dryer

Nearby Amenities

OtherSchools NearbyShopping NearbySidewalksStreet Lights

Basement

Full,Finished,None

Parking

2 Parking

Heating

Forced Air

Cooling

None

Financial Information

Property Taxes

$2,385/year (2025)

Lot Information

Lot Size

6,500 sq ft

Acres

0.15

Width

50.00 ft

Few TreesGentle SlopingLawn

Rooms (10)

Main

Kitchen
1,302 sq ft
36.1 × 36.1 ft (1,302 sq ft)
Living Room
2,131 sq ft
36.1 × 59.1 ft (2,131 sq ft)
Bedroom - Primary
1,421 sq ft
36.1 × 39.4 ft (1,421 sq ft)
Bedroom
947 sq ft
36.1 × 26.2 ft (947 sq ft)
4pc Bathroom
377 sq ft
23.0 × 16.4 ft (377 sq ft)

Basement

3pc Bathroom
474 sq ft
36.1 × 13.1 ft (474 sq ft)
Zoning: R-LD

MLS® #: A2318121

Listing provided by Ken Morris

Brokerage: Royal LePage Benchmark

Photos: 35 images

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Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on June 6, 2026 at 10:26 am MDT