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307, 207 Sunset Drive
homes for sale · Cochrane · Sunset Ridge
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$315,000

307, 207 Sunset Drive

Sunset Ridge, Cochrane · MLS® A2351674

221

860 sq ft · Condo · Single Family · built 2013 · 14 days on market

listed by Shelly Kramer, The Real Estate District

realtor's description

Welcome to this beautifully refreshed, move-in-ready 2-bedroom, 2-bathroom condo in the desirable Alora complex, nestled in Cochrane’s sought-after Sunset Ridge community! Thoughtfully updated with fresh paint, brand-new carpeting, and new stainless steel appliances, this home offers a clean, modern feel and the convenience of low-maintenance living. The functional layout features two bedrooms and two full bathrooms, providing flexibility for first-time buyers, down-sizers, or those looking for a comfortable place to call home. Enjoy the added convenience of titled underground parking, complete with a storage cage for your extra belongings. Ideally situated, you'll appreciate easy access to nearby parks, pathways, schools, and everyday amenities, all while enjoying Cochrane's small-town charm. Located within walking distance to the Historic Cochrane Ranch & Cochrane's amazing path system as well as a short walk to restaurants, coffee shop, bakery, dentist, hairdresser, liquor store, gas station, convenience store & other amenities. Canmore & Banff - only 45 minutes away. With its recent updates and move-in-ready appeal, this is a fantastic opportunity to settle into a beautiful home without the hassle of renovations. Amenities include a Gym located in building 207, rentable guest suites and ample visitor parking. Pet policy: one cat or one dog 18lbs max. Simply move in and enjoy!

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
860 sq ft
parking
1
year built
2013
property tax
$2,011 / yr
strata fee
$511 / mo ($0.59 / sq ft)
strata rules
Pets Allowed
days on market
14
MLS®
A2351674

features

  • Closet Organizers
  • No Smoking Home
  • Gas BBQ Hookup
  • Parking
  • VisitAble
  • Pets Allowed

monthly cost

$2,051/mo
Mortgage $1,372 · Tax $168 · Strata $511

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

estimated payment
$1,372/ monthly
loan $252,000
25-year amortization
total interest
$159,727
land title fees
$670
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$63,670
down + land title fees
total paid
$411,727

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
$1,840/mo
after all costs
−$393/mo
cap rate
3.7%
yearly net rent ÷ price

Costs: mortgage $1,372 · tax $168 · strata $511 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) 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
Shelly Kramer
The Real Estate District
call Shelly · 403-804-5609
Powered by: REALTOR.ca
▶ virtual tour

location

Sunset Ridge, CochraneGoogle Maps ↗

property tax

about $2,070 a year

The asking price times Cochrane's 2026 residential rate of 6.57 per $1,000 (municipal and education).

The listing shows $2,011 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

Sunset Ridge, CochraneGoogle Maps ↗
Drive times
  • St. Timothy's High2 min
  • École Notre-Dame des Vallées7 min
  • University of Calgary - Spy Hill Campus33 min
  • Alberta Children's Hospital35 min
  • Downtown Calgary43 min
  • YYC airport46 min
35

Walkability 35/100 · Mostly by car

Within a 10 minute walk: 3 places to eat or drink, 3 parks and playgrounds, 1 school.

mihom score from OpenStreetMap places, by straight line distance.

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