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115 Fifth Avenue W
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Cochrane · Business · under $2,700,000. Alerts only send when there are new or meaningfully updated matching homes.
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Rare opportunity to own a well-established live-work-invest property in Cochrane, with land, building, and business all included. Thai Ozon Restaurant features a fully operating 42-seat dining area plus patio seating, offering authentic Thai cuisine and vegetarian selections that appeal to a wide range of customers and dietary preferences. The upper level showcases a spacious and beautifully finished residence with laminate flooring throughout, 4 bedrooms, and 3 bathrooms. The gourmet kitchen is designed for both style and function, featuring stainless steel appliances, a corner pantry, and a large kitchen island. The spacious primary bedroom includes a walk-in closet and private 4-piece ensuite, while the bright living room opens onto a balcony. The basement, with its own separate entrance, offers a 2-bedroom illegal suite with a full 4-piece bathroom, kitchen, storage area, and utility room. Notable upgrades include in-floor heating in the basement, a durable metal roof, and spray foam insulation throughout the entire building. This exceptional property offers the rare chance to live, work, and invest all in one location, with added potential for additional income. Own your business, own your building, and stop paying expensive retail rent. Call today to explore this exciting opportunity. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.