2,3,4, 505 Railway Street W
Calgary · T4C2K9
$900,000
About this residence
This Conditional Sale only involved unit 4. units 2 & 3 are still for sale.Discover a rare chance to own a strategically located commercial real estate asset in the heart of Cochrane’s vibrant downtown on Railway Street. This offering includes three combined main-floor commercial condo units, totaling 2,865 sq. ft. The property is currently leased to two strong tenants, with 2,321 sq. ft. secured by Broker Link under lease until mid-2027, and an additional 543 sq. ft. leased separately for the same favorable term. Broker Link, a highly reputable tenant, adds exceptional stability and peace of mind for investors. The property is positioned on a busy thoroughfare with excellent visibility and high foot traffic, just half a block from the Cochrane transportation hub, making it convenient and accessible. The well-managed condo association, with solid financials, further supports long-term value. Ample on-site parking is available for tenants and clients, while the units themselves are modern, well-maintained, and attractive to a wide range of businesses, ensuring they will be easily re-rented if ever vacant.Originally purchased as a retirement investment, this property is now ready to be passed on, presenting an exceptional opportunity for investors seeking reliable income streams in a thriving community. Don’t miss your chance to own this premier investment in one of Cochrane’s most desirable commercial locations. Contact your REALTOR® or the listing agent today for full details and supporting materials. (id:61366)
Property details
- Property type
- Other
- Style
- Commercial Mix
- Ownership
- Condo/Strata
- Living area
- 2,865 sq ft
- Year built
- 2006
- Annual tax
- $10,761
- MLS®
- A2253309
- Board
- Calgary
- Status
- Inactive
- Listed
- Sep 2, 2025
- Updated
- Dec 16, 2025
Features & finishes
Foundation
- Poured Concrete
Financing
Estimated monthly payment
$4,209/mo
Loan amount
$720,000
Down payment
$180,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Calgary
Nearby
About the area
Census · T4C- 37,325
- Population
- 40
- Median age
- $115,000
- Median income
- $472,000
- Median home value
- 85%
- Home ownership
- 30 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 2,3,4, 505 Railway Street W?
2,3,4, 505 Railway Street W is listed for $900,000, in Calgary.
What type of home is 2,3,4, 505 Railway Street W?
2,3,4, 505 Railway Street W is a Other, Commercial Mix, built in 2006.
How large is 2,3,4, 505 Railway Street W?
The home offers approximately 2,865 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,209. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $10,761 per year.
What is the Calgary area like?
Calgary has a population of about 37,325, a median age of 40, a 85% home-ownership rate, with an average commute of about 30 minutes.
What is the average home value in Calgary?
The median dwelling value in this area is approximately $472,000, based on census data via Neighbourly.
What is the median household income in Calgary?
The median household income in this area is approximately $115,000.
Similar residences
Comparable Commercial Mix near Calgary at a similar price.
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