Drayton Valley · MLS® E4487470
22
1,228 sq ft · Condo · Single Family · built 2007 · 164 days on market
listed by Heather Malin, RE/MAX Vision Realty
A great opportunity to move into this beautiful home that has been maintained by these original owners. The flooring has been refinished, newly finished paint, new kitchen counters & more. Living on the top corner floor gives you nice views on the west and north sides. The kitchen, dining room & living room area is wide open. There is a wrap around balcony with and outside storage areas. There is two A/C, one for the bedroom and then living room. The Deer are often found around the property & they enjoy sleeping there and in summer they help themselves to the numerous apple trees. It is awesome to sit out on the deck and enjoy the views, the animals and the sunset. You are close to the shopping area, dental clinic and the hospital. There is a recreational room as well as a roomy social room to take advantage of for functions, get togethers, etc. The age limit is 55, Connection to the TV is $40.00
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,133 · strata $606 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) lowered 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
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about $2,777 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 60/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 1 place to eat or drink, 8 parks and playgrounds, 1 school, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.