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1316, 505 Railway Street W, Cochrane

Downtown
ActiveMLS® A2342013· 26 days on market
$289,900
$343 per sq ft (asking)
Was $299,900 · reduced $10,000 (3.3%) on Sep 28, 2026
2
Bedrooms
2
Bathrooms
844
Sq ft
2006
Year built
$1,802
Property tax (2026)
$461
Condo / HOA fee /mo
844
Lot sq ft
CalgaryListings Insight
This home at 1316, 505 Railway Street W is a 2-bedroom home with 2 bathrooms, built in 2006. It offers 844 sq ft of living space above grade. This home also offers garage parking and laminate flooring. Condo fees are approximately $461/month. Before writing, ask about condo fees, reserve fund health, bylaws, insurance deductibles, and building history. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. The recent price adjustment may change how this property compares with nearby active listings. MLS® A2342013.

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About this property

LOCATION, LOCATION, LOCATION! Welcome to this well appointed 2 bedroom, 2 bathroom condo perfectly situated in the HEART OF COCHRANE, just steps from the shops, restaurants, services and amenities that make downtown Cochrane so desirable. Inside, the bright and spacious open-concept layout connects the kitchen, dining area and living room, creating a welcoming space for both everyday living and entertaining. The kitchen features an eat-up kitchen island, pendant lighting, plenty of counter and cupboard space, brand new dishwasher and tiled back splash. The two bedrooms are thoughtfully positioned for privacy, with the primary suite featuring views of the Cochrane Hill, a 4 piece ensuite and walk-through closet. The second bedroom offers the same great views and flexibility for guests/roommate, a home office or additional living space. You’ll also appreciate the convenience of in-suite laundry with storage (washer/dryer 2025), ample storage, titled underground parking PLUS an assigned parking stall. With shopping, dining, banking, groceries and Cochrane’s charming boutique shops all within easy walking distance, this is an ideal opportunity for a first time buyer, investor or anyone looking to simplify and downsize while staying close to everything.
Property Taxes
$1,802/yr (2026)
Condo / HOA Fee
$461.45/mo
Original Price
$299,900

Listing Information

MLS® NumberA2342013
StatusActive
List Price$289, 900
Original Price$299, 900
Days on Market26 days
OccupancyVacant

Property Details

Property TypeApartment
Architectural StyleApartment-Single Level Unit
ZoningC-G
Above-Grade Sq Ft844 sq ft
Year Built2006
Bedrooms2
Full Bathrooms2
Total Bathrooms2
Parking TypeAdditional Parking, Heated Garage, Parking Lot, Stall, Underground

Interior

FlooringCarpet, Laminate
Fireplaces0
HeatingRadiant
Air ConditioningNone

Exterior & Parking

ExteriorStone, Vinyl Siding, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Total Parking2
Parking TypeAdditional Parking, Heated Garage, Parking Lot, Stall, Underground
Patio / DeckBalcony(s)

Site & Lot

Lot Size844 sq ft
Lot Acres0.02 acres
Legal Description0614674

Inclusions

Dishwasher,Microwave,Refrigerator,Stove(s),Washer/Dryer

Condo Details

Unit Number1316
Monthly Condo Fee$461.45/mo
Unit ExposureN
Building Stories4 storeys
Parking TypeAdditional Parking, Heated Garage, Parking Lot, Stall, Underground
Pet PolicyRestrictions
Building AmenitiesElevator(s) · Parking · Snow Removal · Visitor Parking

Room Dimensions

Main Level
Entrance5`5" × 4`9"
Kitchen With Eating Area10`10" × 9`10"
Dining Room10`0" × 11`5"
Living Room16`4" × 11`10"
Laundry6`5" × 3`10"
Bedroom - Primary10`11" × 10`8"
Bedroom10`2" × 9`8"
4pc Bathroom4`11" × 8`7"
4pc Ensuite bath7`9" × 4`11"

Listing Office

CIR Realty
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

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What stands out about this listing

  • Price changeAsking $289,900, down from $299,900 (3.3% lower). We have tracked it since 2026-09-17.
  • Price per sq ft$343 per sq ft above grade at asking, about 6% above the $324 per sq ft median across 14 comparable active apartment condos in Downtown.

Worked out from this MLS® record, our published community data and the other active listings in Downtown. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Questions about this home

Is 1316, 505 Railway Street W for sale?

Yes. 1316, 505 Railway Street W in Downtown is an active MLS® listing (MLS® A2342013). It has been on the market 26 days. Listing data last updated 2026-10-13.

What is the asking price of 1316, 505 Railway Street W?

1316, 505 Railway Street W in Downtown is listed at $289,900.

How many bedrooms and bathrooms does 1316, 505 Railway Street W have?

1316, 505 Railway Street W in Downtown has 2 bedrooms and 2 bathrooms. The listing records 844 sq ft above grade. It is an apartment condo.

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