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RIVER HEIGHTS

408, 501 River Heights Drive , Cochrane, AB

$530,000

Residential · MLS® A2282374
3Bedrooms
3Bathrooms
1,716.97Sq Ft
2Garage
2016Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to refined townhome living, set within one of Cochrane’s most scenic and thoughtfully planned communities! Backing onto rolling natural landscapes with elevated sightlines, this modern three-storey residence offers the rare balance of contemporary design, functional space, and everyday comfort, all just minutes from downtown Cochrane, the Bow River pathway system ,and the Spray Lakes Sports Center.

Spanning over 1,715 sq ft of developed living space, this home is bright, airy, and beautifully laid out across three levels, designed for both...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,716.97 sq ft
Lot Size2,028 sq ft
ZoningR-MD
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Attached • Heated Garage • Tandem
ExteriorBalcony • BBQ gas line • Fire Pit • Garden
BasementNone
Year Built2016
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$191After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.2%With 20% down payment
Est. Monthly Rent$3,155Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RIVER HEIGHTS

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Investment ScoreN/A
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Listed by Lisa Johnson · RE/MAX House of Real Estate