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#202 5201 Brougham DR
homes for sale · Drayton Valley
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$399,900

#202 5201 Brougham DR

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

realtor's description

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!

similar homes nearby

property details

type
Condo, Single Family
bedrooms
3
bathrooms
2
living area
1,510 sq ft
parking
2
year built
2016
strata fee
$800 / mo ($0.53 / sq ft)
days on market
128
MLS®
E4494658

features

  • See remarks
  • Flat site
  • Recreational
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$2,542/mo
Mortgage $1,742 · Strata $800

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment
$1,742/ monthly
loan $319,920
25-year amortization
total interest
$202,778
land title fees
$820
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$80,800
down + land title fees
total paid
$522,698

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,910/mo
after all costs
−$820/mo
cap rate
2.8%
yearly net rent ÷ price

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.

listed by
John Dempster
RE/MAX Vision Realty
call John · 780-898-8887
Powered by: REALTOR.ca
▶ virtual tour

location

Drayton ValleyGoogle Maps ↗

property tax

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.

location

Drayton ValleyGoogle Maps ↗
Drive times
  • Drayton Valley Hospital and Care Centre2 min
  • Evergreen Elementary3 min
  • Norquest College3 min
  • H.W. Pickup Middle3 min
  • Frank Maddock High4 min
63

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.

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