5637 56 Street Drayton Valley AB

Drayton Valley · MLS® 44885474

101,930 sq ft · 101,930 sq ft lot · Land · Vacant Land · 164 days on market

listed by Wayne MacKinnon, Century 21 Hi-Point Realty Ltd

realtor's description

Prime commercial opportunity on 2.34 acres fully serviced to the property line, with excellent visibility and direct exposure to Highway 22. Zoned Commercial General District, this property offers outstanding potential for a wide range of commercial developments. The parcel measures approximately 54 meters by 165.79 meters, providing ample space and flexibility for your business or investment vision.

property details

type: Land, Vacant Land
living area: 101,930 sq ft
lot: 101,930 sq ft
parking: 0
days on market: 164
MLS®: 44885474

monthly cost

$2,039/mo

Mortgage $2,039

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

estimated payment

$2,039/ monthly

loan $374,400

25-year amortization

down payment20% · $93,60020%+ 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: $237,309
land title fees: $945; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $94,545; down + land title fees
total paid: $611,709

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

location

Drayton ValleyGoogle Maps ↗

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5637 56 Street Drayton Valley AB

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5637 56 Street Drayton Valley AB

Drayton Valley · MLS® 44885474

101,930 sq ft · 101,930 sq ft lot · Land · Vacant Land · 164 days on market

listed by Wayne MacKinnon, Century 21 Hi-Point Realty Ltd

realtor's description

property details

type: Land, Vacant Land
living area: 101,930 sq ft
lot: 101,930 sq ft
parking: 0
days on market: 164
MLS®: 44885474

property tax

about $4,999 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

$2,039/mo

Mortgage $2,039

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

estimated payment

$2,039/ monthly

loan $374,400

25-year amortization

total interest: $237,309
land title fees: $945; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $94,545; down + land title fees
total paid: $611,709

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