332 Third Street W
Cochrane T4C1Z6
MLS® Number: A2280560
$ 549,000
3
BEDROOMS
2 + 0
BATHROOMS
792
SQUARE FEET
1956
YEAR BUILT
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.
| COMMUNITY | Downtown |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1956 |
| SQUARE FOOTAGE | 792 |
| BEDROOMS | 3 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Freezer, Gas Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Linoleum |
| HEATING | Forced Air |
| LAUNDRY | In Basement |
| LOT FEATURES | Few Trees, Gentle Sloping, Lawn |
| PARKING | Attached Carport |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | Royal LePage Benchmark |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Furnace/Utility Room | 11`3" x 5`5" | Basement |
| Game Room | 12`3" x 25`11" | Basement |
| Laundry | 10`0" x 10`3" | Basement |
| Bedroom | 10`11" x 7`11" | Basement |
| 3pc Bathroom | 11`3" x 4`9" | Basement |
| 4pc Bathroom | 7`9" x 5`0" | Main |
| Bedroom | 11`1" x 8`11" | Main |
| Bedroom - Primary | 11`11" x 12`5" | Main |
| Living Room | 11`11" x 18`6" | Main |
| Kitchen | 11`1" x 11`10" | Main |
