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10, 117 Bow Ridge Drive
homes for sale · Cochrane · Bow Ridge
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$499,000

10, 117 Bow Ridge Drive

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

realtor's description

* * * 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.

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
4
living area
1,300 sq ft
lot
184 m²
parking
2
year built
2001
property tax
$2,513 / yr
strata fee
$473 / mo ($0.36 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
84
MLS®
A2334129

features

  • See remarks
  • Wet bar
  • No Animal Home
  • No Smoking Home
  • Pets Allowed With Restrictions
  • Washer

monthly cost

$2,856/mo
Mortgage $2,174 · Tax $209 · Strata $473

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$2,174/ monthly
loan $399,200
25-year amortization
total interest
$253,029
land title fees
$1,000
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$100,800
down + land title fees
total paid
$652,229

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$2,090/mo
after all costs
−$1,108/mo
cap rate
2.6%
yearly net rent ÷ price

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Lee Edwards
MaxWell Canyon Creek
call Lee · 403-540-0540
Powered by: REALTOR.ca
▶ virtual tour

location

Bow Ridge, CochraneGoogle Maps ↗

property tax

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.

location

Bow Ridge, CochraneGoogle Maps ↗
Drive times
  • École Notre-Dame des Vallées7 min
  • Cochrane High8 min
  • University of Calgary - Spy Hill Campus33 min
  • Alberta Children's Hospital34 min
  • Downtown Calgary42 min
  • YYC airport46 min
15

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.

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