Bow Ridge, Cochrane · MLS® A2334129
342
1,300 sq ft · 184 m² lot · Townhouse · Single Family · built 2001 · 84 days on market
listed by Lee Edwards, MaxWell Canyon Creek
* * * PUBLIC OPEN HOUSE SAT. AUG 22 1:00 to 4:00 PM * * * This lovely townhouse is part of the desirable Aspen Heights Condominiums (16 units total) and offers many amenities that others do not, from the attached double garages to the walk-out basements (on some of the units). Set high on the hill on the south side of Cochrane, with an nearby extensive path system, some that lead down to the Bow River, it offers a view across the Bow River valley and backs onto a common green space. This unit features a large kitchen, a large living room with a corner gas fireplace, and a spacious eating nook leading to the main level deck. The second storey features two attractive bedrooms, a 4 piece main bath, a very large primary bedroom with its own 4 piece ensuite bath and a large walk-in closet. The view from this bedroom is even better! The fully finished walk-out basement has a large family room with a second fireplace, a very attractive wet bar, patio doors leading to the lower patio, a full bath and laundry. Rarely does a walkout townhouse come for sale in this complex. When you add in the views of the Bow River Valley, a private part of Cochrane and access to the extensive hiking/biking paths, you have a special property that truly must be seen to be appreciate.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,174 · tax $209 · strata $473 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $3,280 a year
The asking price times Cochrane's 2026 residential rate of 6.57 per $1,000 (municipal and education).
The listing shows $2,513 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 15/100 · Car needed for most errands
Within a 10 minute walk: 4 parks and playgrounds, 1 school, 5 transit stops.
mihom score from OpenStreetMap places, by straight line distance.