5420 49B ST

Drayton Valley · MLS® E4513769

993 sq ft · 607 m² lot · House · Single Family · built 1973 · 3 days on market

listed by Steven Krick, RE/MAX Vision Realty

realtor's description

Looking for an affordable first home or a great investment opportunity? This property offers excellent value for buyers looking to get into the market, with plenty of potential to add value over time. Located close to downtown, the upstairs is clean and comfortable, featuring 3 bedrooms, including one with an adjoining room that would work well as a home office or flex space. Most upstairs windows have been updated to vinyl, the roof was redone in 2019, and the hot water tank was replaced in 2018. Outside, you'll find a single carport and a nice big backyard. The basement is largely unfinished and open, with a separate storage room and plumbing connections in place for a potential half bathroom. Whether you're looking for an affordable place to call home or an investment with room to grow, this property is well worth a look.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
living area: 993 sq ft
lot: 607 m²
parking: 0
year built: 1973
days on market: 3
MLS®: E4513769

features

Corner Site
Lane
See remarks

property tax

about $1,709 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

$697/mo

Mortgage $697

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

estimated payment

$697/ monthly

loan $128,000

25-year amortization

down payment20% · $32,00020%+ 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: $81,131
land title fees: $390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,390; down + land title fees
total paid: $209,131

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