46 Avenue & 47 Street

Property feature image
Property gallery image
Address: 46 Avenue & 47 Street
Canada + Land/Development
Created date: August 4, 2026
Date last updated: August 13, 2026
Price: $1,970,000Investment Analyzer NEW!

Property Description

Growing Population: Drayton Valley’s population increased by 2.92% year-over-year in 2024, reaching a total of 7,898 residents. The town also experienced a 9.51% increase in population over the last five years. Affordable Housing Ready: Residential rezoning is supported by the Town, and the property aligns with CMHC programs, positioning it well for affordable or workforce housing initiatives. Strategic Location: Located near a commercial hub, the 12.8-acre property offers future residents easy access to essential services such as grocery stores, pharmacies, and the Drayton Valley Hospital. Prime Opportunity: Acquire the best residential / commercial development site in Drayton Valley, adjacent to established multi-family and residential areas. Infrastructure-Ready: Full municipal services with preliminary planning and servicing schedules completed for the development concept. Proximity to Schools: The property is located within walking distance of Evergreen Elementary School, H. W. Pickup Junior High School and Frank Maddock High School.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,970,000
Lot Size: 12.80 Acres
Opportunity Zone: No
Property Website Click Here
Address: 46 Avenue & 47 Street, Drayton Valley, AB T7A 1H6, Canada
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

9432/9482 Highway 3 & 95

Yahk, British Columbia
Canada + Land/Development
Units: 258
Price: $2,795,000

7480 17 Avenue Southwest

Calgary, Alberta
Canada + Land/Development
Price: $8,250,000

2920 197A Street

Langley, British Columbia
Canada + Land/Development
Price: $4,500,000

Brokers

View All

Lenders

View All