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88, 297 Riviera Way
Beds
3
Baths
3 full + 1 half
Sqft
1,256
Year
2024
Type
Single Family
On market
89d
Welcome to this brand new luxury villa bungalow in the highly sought-after estate community of Riviera in beautiful Cochrane. Thoughtfully designed with upscale finishes and a functional layout, this home offers an elevated lifestyle in a serene natural setting.Inside, the bright open-concept design showcases modern elegance and high-end details throughout. The gourmet kitchen includes quartz countertops, designer cabinetry, and generous prep space, making it ideal for both everyday cooking and entertaining. The living area is centered around a sleek fireplace that creates a warm and inviting atmosphere year-round.The main level features a spacious primary suite with a walk-in closet and a spa-inspired ensuite, providing a comfortable and private retreat. A convenient main-floor laundry room adds everyday practicality, while direct access to a private outdoor deck offers the perfect place to enjoy morning coffee or host evening gatherings. The home also includes rough-ins for air conditioning and irrigation, allowing for future upgrades with ease.The fully finished basement adds exceptional versatility with space for a family room, guest bedrooms, a home office, a gym, or a combination that suits your lifestyle. This level offers comfort and flexibility whether you are entertaining or enjoying quiet time at home.A double attached garage provides ample room for vehicles and additional storage. The beautifully landscaped surroundings enhance the home’s curb appeal and contribute to the peaceful atmosphere of the property.Located in Cochrane’s prestigious Riviera community, this home is just steps from walking paths, the Bow River, parks, schools, and convenient amenities, all within a vibrant and welcoming neighborhood.Whether you are looking to downsize in style or begin a new chapter in luxury living, this exceptional bungalow offers a perfect combination of comfort, sophistication, and location. Schedule your private showing today and experience the Riv iera lifestyle. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.50 Ft x 8.25 Ft | |
| Other | 3.42 Ft x 7.83 Ft | |
| Bedroom | 12.25 Ft x 11.58 Ft | |
| Bedroom | 12.33 Ft x 11.92 Ft | |
| Recreational, Games room | 18.50 Ft x 24.00 Ft | |
| Furnace | 14.08 Ft x 8.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.17 Ft x 5.00 Ft | |
| 5pc Bathroom | 16.67 Ft x 8.33 Ft | |
| Dining room | 7.67 Ft x 16.17 Ft | |
| Foyer | 6.67 Ft x 7.17 Ft | |
| Kitchen | 13.50 Ft x 16.25 Ft | |
| Laundry room | 5.08 Ft x 8.17 Ft | |
| Living room | 13.33 Ft x 12.50 Ft | |
| Other | 8.83 Ft x 8.25 Ft | |
| Primary Bedroom | 12.83 Ft x 11.92 Ft | |
| Other | 7.17 Ft x 8.25 Ft |
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).
Cash on cash
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,930
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 14, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cochrane. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.