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408, 207 Sunset Drive
homes for sale · Cochrane · Sunset Ridge
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$419,000

408, 207 Sunset Drive

Sunset Ridge, Cochrane · MLS® A2344571

222

1,135 sq ft · Condo · Single Family · built 2013 · 44 days on market

listed by Ken Morris, Royal LePage Benchmark

realtor's description

Welcome to this top-floor, 1,135 sq ft condo featuring panoramic, unobstructed views of the Rocky Mountains and the surrounding rolling foothills. This well-designed layout maximizes both living space and functionality. The open-concept kitchen features dark cabinetry, granite water fall countertop, a large breakfast bar, a tiled backsplash, and stainless steel appliances. It flows seamlessly into the bright dining area and central living room, where massive sliding glass doors lead out to a large, private balcony—perfect for taking in the mountain scenery.The primary bedroom serves as a quiet retreat, offering a spacious walk-in closet, a full extra wall unit closet, and a four-piece ensuite bathroom complete with a deep soaking tub and separate standalone shower. On the opposite side of the unit for added privacy sits the second bedroom, which also includes its own walk-in closet and easy access to the main four-piece bathroom. A dedicated office space near the entryway provides a built-in granite wrap-around desk and upper cabinetry, making it an ideal setup for working from home. Practicality is rounded out by an exceptionally large, multi-functional laundry room that doubles as a walk-in pantry, equipped with a side-by-side washer and dryer, an extra freezer, and built-in floor-to-ceiling shelving. This beautifully situated building offers an on-site workout room and direct access to extensive walking paths, with local schools and neighbourhood amenities just minutes away. One underground heated parking stall and a second outside stall is a plus. Call to view before its gone.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,135 sq ft
parking
2
year built
2013
property tax
$2,519 / yr
strata fee
$682 / mo ($0.60 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
44
MLS®
A2344571

features

  • See remarks
  • Other
  • Gas BBQ Hookup
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher

monthly cost

$2,717/mo
Mortgage $1,826 · Tax $210 · Strata $682

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

estimated payment
$1,826/ monthly
loan $335,200
25-year amortization
total interest
$212,463
land title fees
$860
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$84,660
down + land title fees
total paid
$547,663

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
−$1,059/mo
cap rate
2.2%
yearly net rent ÷ price

Costs: mortgage $1,826 · tax $210 · strata $682 · 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

location

Sunset Ridge, CochraneGoogle Maps ↗

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listed by
Ken Morris
Royal LePage Benchmark
call Ken · 403-804-7314
Powered by: REALTOR.ca
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similar homes nearby

property tax

about $2,754 a year

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

The listing shows $2,519 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 High1 min
  • École Notre-Dame des Vallées7 min
  • Chiniki Community College32 min
  • Alberta Children's Hospital35 min
  • Downtown Calgary42 min
  • YYC airport46 min
34

Walkability 34/100 · 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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