305, 156 Park Street Cochrane, Alberta T4C 3H3

$249,800

Maintenance, Common Area Maintenance, Reserve Fund Contributions

$175.10 Monthly

FULLY INSURED RESTORATION IN PROGRESS | BELOW MARKET VALUE | PRIME INVESTMENT OPPORTUNITYWelcome to this modern stacked townhome in the growing and highly walkable community of Greystone in Cochrane, an excellent opportunity for first-time buyers, downsizers, or investors. Offering a functional 2-bedroom + den layout, 2 full bathrooms, and approximately 875 square feet, this contemporary home is designed for low-maintenance living with everyday convenience.Currently undergoing insurance restoration and remediation, this property is being sold as-is, where-is. The seller confirms that all approved restoration work will be fully completed through insurance by Q Construction Management. In addition, the entire building is currently undergoing restoration and renovation by Q Construction Management, adding long-term value and renewed peace of mind for future owners. This creates a rare opportunity to purchase below market value for a quick sale while benefiting from a fully restored unit and building upon completion.Previously tenant-occupied and generating $1,600/month in rental income, this property presents excellent investment potential for buyers looking to expand their portfolio or secure a future income-producing property.Built by OcGrow Group in the sought-after Vertos development, this bright unit offers a smart and functional layout with plenty of natural light throughout. The open-concept main living area features a stylish kitchen with sleek cabinetry, quartz countertops, stainless steel appliances, and seamless flow into the living and dining areas. The upper-floor balcony extends your living space outdoors, making it the perfect spot for morning coffee or evening relaxation.The upper level also includes a versatile den/flex space, ideal for a home office, guest area, or study, along with a full 4-piece bathroom. Upstairs, you’ll find two well-positioned bedrooms for added privacy, another full bathroom, and convenient upper-floor laundry.Located in one of Cochrane’s most amenity-rich new communities, you are just steps away from the new CO-OP grocery store, gas station, restaurants, cafes, health services, vet clinic, ball diamonds, pickleball courts, scenic walking paths, Spray Lake Sawmills Centre, and the beautiful Bow River. This is truly a neighbourhood designed for living, working, and playing.Whether you’re looking for your first home, downsizing, or adding to your investment portfolio, this is a great value opportunity in one of Cochrane’s most vibrant and desirable new communities. Don’t miss your chance to secure this property at an exceptional price. (id:52784)

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https://www.realtor.ca/real-estate/29904058/305-156-park-street-cochrane-greystone