River Heights, Cochrane · MLS® A2318293
332
1,481 sq ft · 188 m² lot · Townhouse · Single Family · built 2015 · 131 days on market
listed by Joel Muir, Royal LePage Benchmark
Welcome to one of the largest and most desirable floorplans in The Rise, offering 1,722 square feet of living space, 3 bedrooms, 2.5 bathrooms, and a rare corner-unit location backing directly onto green space.What truly sets this home apart is its unique positioning within the complex. While you enter from the garage level like a traditional townhouse, the natural slope of the land allows direct ground-level access from the rear patio to the expansive communal green space. Unlike many units with elevated outdoor areas, this home offers a backyard-like experience that is ideal for children, pets, and everyday outdoor living.The bright and functional main level is filled with natural light thanks to the additional corner-unit windows and open views along the side of the property. The modern kitchen features a large central island and flows seamlessly into the spacious living and dining areas, highlighted by a stylish brick accent wall. A convenient main-floor laundry room, front balcony, private rear patio, and A/C rough-in add to the home's comfort and practicality.Upstairs, you'll find three well-sized bedrooms and 2.5 bathrooms, creating one of the most family-friendly layouts in the complex. The primary suite offers elevated views toward Cochrane, while the additional bedrooms provide flexibility for children, guests, or a home office.The oversized tandem garage comfortably accommodates two vehicles while still offering valuable storage space for bikes, outdoor gear, or seasonal items.Ideally located close to parks, schools, pathways, and everyday amenities, with quick access to downtown Cochrane, the Jack Tennant Memorial Bridge, Highway 1, and the mountains, this is a rare opportunity to own a bright, spacious, and highly functional corner-unit townhouse with exceptional outdoor accessibility.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,917 · tax $276 · strata $503 · 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 $2,891 a year
The asking price times Cochrane's 2026 residential rate of 6.57 per $1,000 (municipal and education).
The listing shows $3,315 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 24/100 · Mostly by car
Within a 10 minute walk: 1 park or playground, 1 school.
mihom score from OpenStreetMap places, by straight line distance.