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 consideration 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.
Address
332 Third Street W
List Price
$549,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Cochrane
Sub-Area
Downtown
Bedrooms
3
Bathrooms
2
Floor Area
792 Sq. Ft.
Lot Size
6500 Sq. Ft.
Year Built
1956
MLS® Number
A2280560
Listing Brokerage
Royal LePage Benchmark
Basement Area
Full
Postal Code
T4C1Z6
Zoning
R-LD
Site Influences
Few Trees, Gentle Sloping, Lawn, Schools Nearby, Shopping Nearby, Other, Sidewalks, Street Lights
