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32 Monterra Landing
Beds
4
Baths
3
Sqft
1,728
Year
2022
Type
Single Family
On market
61d
Discover this exceptional home just outside Cochrane in Monterra. Offering nearly 3,400 sq ft of thoughtfully designed living space on a expansive 0.45-acre lot, it delivers the high-end essentials buyers expect. The main floor presents an open, airy layout with vaulted ceilings that create a bright, inviting atmosphere. The chef’s kitchen features a large island and soft-close cabinetry, seamlessly flowing into the dining and living areas—ideal for hosting family and friends. The primary suite serves as a private sanctuary, highlighted by an elegant ensuite that includes a soaker tub, a shower, and dual vanities, complemented by a generous walk-in closet with built-in organizers. Convenience is evident with a well-appointed laundry room located along the corridor to the heated, insulated triple garage. Step outside to expansive decks—12x28 feet on both levels—perfect for outdoor entertaining. The lower deck includes a hot tub, offering a relaxing retreat with stunning mountain views. Throughout the home, you’ll find custom built-ins, including a dedicated office with custom cabinetry and a built-in pantry for ample storage. The finished basement adds flexible living space with two bedrooms, a spacious recreation room that opens to a large patio, and a versatile three-season room equipped with retractable screens to enjoy the outdoors in comfort. This property blends luxurious finishes, practical design, and breathtaking natural scenery, making it an exceptional place to live and entertain. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.92 Ft x 8.92 Ft | |
| Bedroom | 11.33 Ft x 11.17 Ft | |
| Great room | 14.33 Ft x 11.67 Ft | |
| Bedroom | 18.33 Ft x 13.33 Ft | |
| Family room | 13.42 Ft x 18.83 Ft | |
| Recreational, Games room | 14.33 Ft x 16.75 Ft | |
| Furnace | 13.50 Ft x 9.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.58 Ft | |
| Bedroom | 12.83 Ft x 11.08 Ft | |
| Kitchen | 19.83 Ft x 11.42 Ft | |
| Primary Bedroom | 20.75 Ft x 14.75 Ft | |
| 5pc Bathroom | 15.67 Ft x 13.67 Ft | |
| Dining room | 12.50 Ft x 14.00 Ft | |
| Laundry room | 6.58 Ft x 7.83 Ft | |
| Other | 10.75 Ft x 7.25 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
-0.67%
Cap rate
4.73%
GRM
13.9
Break-even rent
$9,176
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 31, 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 Rural Rocky View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.