Property view at 213 Mountain Street , Cochrane - Commercial investment property with 20,710 sqft - Photo 1 of 29 | Calgary real estate investment
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213 Mountain Street

Cochrane, Alberta T4C 1C9
MLS® A2191234122 days on marketListed Jun 16, 2025
Exclusive Offering
$8,000,000
20,710Living Space
35Garage Spaces
2018Year Built

Property Overview

We are pleased to offer for sale an opportunity to acquire a 100% freehold interest in The Milroy, a 26 unit apartment building in Cochrane, Alberta.

The Milroy is comprised of 24 two bedroom units and two three bedroom units situated on a 23,065 square foot site offering 35 surface parking stalls.

The Milroy is well located in Downtown Cochrane within walking distance of historic downtown which offers excellent dining and entertainment options as well as shopping.

In addition, the COLT regional transit station is approximately 600 meters away, offering public transit to Calgary and within Cochrane.

Prospective purchasers are invited to submit offers that will be reviewed as they are submitted.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$386/sqft
Above average pricing - verify premium features

Investment Considerations

Modern Property: Good balance of modern amenities and reasonable pricing. Typically lower maintenance.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.