Residentiae.
For Sale · Calgary

2,3,4, 505 Railway Street W

Calgary · T4C2K9

$900,000

Bedrooms
Bathrooms
Parking
2,865Sq Ft

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

Mortgage calculator

Estimated monthly payment

$4,209/mo

Amortization

Loan amount

$720,000

Down payment

$180,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Calgary

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

0–14
21%
15–24
10%
25–44
27%
45–64
26%
65+
17%

Tenure

85% owners15% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently 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.

Private viewings

Arrange a private viewing of 2,3,4, 505 Railway Street W.

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