Listing 30301855

Drayton Valley · MLS® 45644650

38,333 sq ft · 38,333 sq ft lot · Land · Vacant Land · 36 days on market

listed by John Dempster, RE/MAX Vision Realty

realtor's description

0.88 acre commercial lot in a prime location! Located right along one of Drayton Valleys busiest streets, this property provides excellent exposure and easy access to Hwy 22 and the downtown core. The property is fully fenced with chain link barbed wire anti-intruder fencing and a gate along the back alley. Zoned C2 commerical, this lot has lots of potential to expand your business!

property details

type: Land, Vacant Land
living area: 38,333 sq ft
lot: 38,333 sq ft
parking: 0
days on market: 36
MLS®: 45644650

property tax

about $1,601 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.

monthly cost

$653/mo

Mortgage $653

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$653/ monthly

loan $119,920

25-year amortization

down payment20% · $29,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $76,010
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,350; down + land title fees
total paid: $195,930

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