River Heights, Cochrane · MLS® A2332672
332
1,281 sq ft · 256 m² lot · Townhouse · Single Family · built 2025 · 76 days on market
listed by Erin Reeves, eXp Realty
Welcome to the newly built #804, 525 River Heights Drive. This townhome features a HUGE SOUTH-FACING FENCED BACKYARD that offers the feel of a single-family yard. Inside, the main floor is bright and open, with a modern layout designed for both style and function. This unit backs onto a WALKING PATH AND GREENSPACE! At the heart of the home is a SLEEK CONTEMPORARY KITCHEN with QUARTZ COUNTERTOPS, MATTE BLACK HARDWARE, WHIRLPOOL STAINLESS STEEL APPLIANCES, SOFT-CLOSE CABINETRY, and a CENTRAL ISLAND WITH SEATING, ideal for casual dining or entertaining. The kitchen flows seamlessly into the dining and living areas, where LARGE WINDOWS and LUXURY FLOORING create a welcoming atmosphere. A powder room and a DEDICATED MUDROOM off the back entrance add practicality to everyday living. Upstairs, the primary bedroom includes a WALK-IN CLOSET and a PRIVATE THREE-PIECE ENSUITE. Two additional bedrooms provide versatile space for children, guests, or a home office. A four-piece bathroom and a CENTRALLY LOCATED LAUNDRY area complete the upper floor with added convenience. The unfinished basement offers potential for future development, extra storage, or a layout tailored to your needs. Energy-efficient features such as DUAL-PANE windows, a HIGH-EFFICIENCY HVAC system, and an HRV unit support year-round comfort. Outdoors, you can relax in your FULLY FENCED BACKYARD with a REAR PATIO or enjoy a quiet morning on the COVERED FRONT PORCH. 2 PARKING STALLS are INCLUDED, and with LANDSCAPING and SNOW REMOVAL taken care of, this property is truly low maintenance. Situated in the well-established community of RIVERSONG, you are close to schools, parks, walking paths, CO-OP and the Spray Lake Sawmills Family Sports Centre. Quick access to Highway 1 and 22 makes both Calgary and the mountains easy to reach. With quality finishes, a thoughtful design, and a vibrant neighbourhood, this home offers comfort and convenience in equal measure. Please note that photos are taken from the showhome an d may not reflect this property, as it is still under construction. CONTACT TO VIEW THE FREESTONE SHOWHOME at 525 RIVER HEIGHTS DRIVE.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,843 · tax $240 · strata $287 · 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.
about $2,780 a year
The asking price times Cochrane's 2026 residential rate of 6.57 per $1,000 (municipal and education).
The listing shows $2,876 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 23/100 · Mostly by car
Within a 10 minute walk: 1 park or playground, 1 school.
mihom score from OpenStreetMap places, by straight line distance.