Drayton Valley · MLS® E4494658
322
1,510 sq ft · Condo · Single Family · built 2016 · 128 days on market
listed by John Dempster, RE/MAX Vision Realty
Welcome to Ironwood Gates, one of Drayton Valley’s beautiful gated communities, where luxury & comfort come together. This stunning SE facing 3 bedroom, 2 bath condo offers an exceptional lifestyle in a beautiful setting. Step inside & be greeted by a bright, open concept design featuring a modern kitchen w/ rich maple cabinetry, SS appliances, a full tile backsplash, & a spacious walk-in pantry. The LR is centered around a cozy gas fireplace & flows seamlessly to your private balcony, the perfect place to enjoy your morning coffee while soaking in the sunshine. The spacious primary suite is your personal retreat, complete w/ a walk in closet, a luxurious 4-pce ensuite, & direct access to a 2nd private balcony. A 2nd & 3rd bedroom, full bath, & a dedicated laundry room provide space for all your needs. Enjoy the convenience of 2 assigned parking stalls(1 heated underground stall), + access to building amenities such as fitness centre, & party room. Condo fees incl heat,water,sewer,& more. Central AC too!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,742 · strata $800 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Alberta: CMHC's average there ($1,848) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
about $4,272 a year
The asking price times Drayton Valley's 2026 residential rate of 10.68 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 63/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 1 place to eat or drink, 5 parks and playgrounds, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.