Honestdoor Price
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Honestdoor Price · 13 months
2
beds
2
baths
995
sqft
2006
built
Suite 2101, 505 Railway Street West, Downtown, Cochrane, AB
| Year | Value |
|---|---|
| 2021 | $1,358 ($113.17/month) |
| 2020 | $1,402 ($116.83/month) |
| 2019 | $1,420 ($118.33/month) |
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Property details
- Property type
- Condo
- Bedrooms
- 2Estimate
- Bathrooms
- 2Estimate
- Year built
- 2006
- Floor space
- 92 sqm (995 sqft)
- Zoning
- C-SC
Honestdoor Price
$282,100
(Oct)
Estimated returns over time
1 Month
-21.68%3 Month
-22.18%6 Month
-18.04%12 Month
-24.35%Compare with
Honestdoor Price
Downtown avg (2025)
| Year | Honestdoor Price | Downtown avg (2025) |
|---|---|---|
| Oct 25 | $372,900 | $271,983 |
| Nov 25 | $355,900 | $271,983 |
| Dec 25 | $365,600 | $271,983 |
| Jan 26 | $337,900 | $271,983 |
| Feb 26 | $285,100 | $271,983 |
| Mar 26 | $306,200 | $271,983 |
| Apr 26 | $344,200 | $271,983 |
| May 26 | $348,200 | $271,983 |
| Jun 26 | $373,200 | $271,983 |
| Jul 26 | $362,500 | $271,983 |
| Aug 26 | $369,700 | $271,983 |
| Sep 26 | $360,200 | $271,983 |
| Oct 26 | $282,100 | $271,983 |
City Assessment
$289,700
(2025)
Estimated returns over time
1 Year
+21.11%3 Year
+58.31%5 Year
+48.03%Compare with
City assessment
Downtown average
| Year | City assessment | Downtown average |
|---|---|---|
| 2019 | $195,700 | $181,611 |
| 2020 | $189,000 | $172,463 |
| 2021 | $183,000 | $165,279 |
| 2022 | $185,100 | $171,270 |
| 2024 | $239,200 | $216,939 |
| 2025 | $289,700 | $271,983 |
How this home compares
Against Downtown and Cochrane.
Est. gross rental yield
6.5%
Annual rent ÷ Honestdoor Price
Value vs average
above the Downtown average
This home (Honestdoor Price)
$282,100
Downtown average
$271,983
Cochrane average
$342,888
Neighbourhood and city figures are 2025 average assessed values.
Price per square foot
above the Downtown average
This home (estimated)
$284 / sqft
Downtown sold average
$224 / sqft
This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.
Monthly rent
below the Downtown average
This home (estimated)
$1,520/mo
Downtown average
$1,634/mo
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Estimated rental information
Airbnb nightly rate
$75/day
Monthly rental rate
$1,520/month
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Downtown market
Explore Downtown dataDowntown sales in 2026
6
Avg. condo price
$271,983
Downtown growth this year
+24.83%
Average value vs Cochrane
Average assessed value for this property type
Downtown
Cochrane average
| Year | Downtown | Cochrane average |
|---|---|---|
| 2019 | $181,611 | $236,218 |
| 2020 | $172,463 | $228,506 |
| 2021 | $165,279 | $221,894 |
| 2022 | $171,270 | $237,586 |
| 2024 | $216,939 | $293,739 |
| 2025 | $271,983 | $342,888 |
Sales per year
Recorded sales in Downtown · 2026 is year to date
| Downtown | |
|---|---|
| 2014 | 11 sales |
| 2015 | 3 sales |
| 2016 | 4 sales |
| 2017 | 5 sales |
| 2018 | 9 sales |
| 2019 | 12 sales |
| 2020 | 7 sales |
| 2021 | 5 sales |
| 2022 | 5 sales |
| 2023 | 11 sales |
| 2024 | 5 sales |
| 2025 | 7 sales |
| 2026 YTD | 6 sales |
Property analysis
Suite 2101, 505 RAILWAY STREET WEST compared with the average condo nearby.
Floor space
above neighbourhood average
This property
995 sqft
Downtown
853 sqft
Cochrane
1,049 sqft
Lot size
above neighbourhood average
This property
Downtown
Cochrane
Suite 2101, 505 Railway Street West is a condo in Cochrane, Alberta. It is estimated to be 995 sq ft and built in 2006 with 2 baths and 2 bedrooms. It last sold for $281,000 on Sep 23, 2026. The most recent Honestdoor Price for this condo is $282,100 and was last estimated on Oct 13, 2026. Assessment growth for this condo is +8.01% annually, with a total growth of +$94,000 since 2019. It is estimated that it would make $75 per day on Airbnb and rent out for $1520 per month.
* This information is sourced from publicly available land registry records and is not provided by the RAE's MLS® System Data
¶ Seller savings: estimated commission on the Honestdoor Price, less $500 when you sell with an HonestDoor agent. Buyer's agent commission not included. Actual savings depend on your sale price and listing agreement. Not a guarantee. Terms apply.
§ Cash back: estimate of 25–50% of the commission on the list price, paid when you buy with an HonestDoor agent. Actual amount depends on your agreement and final sale price. Not a guarantee. Terms apply.