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261 1 Avenue
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Drumheller · Single Family · under $250,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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With Stunning unobstructed views of the Canadian Badlands in EVERY direction. This Very Special property has been well maintained and lovingly cared for. With upgraded shingles maintaining the historical color. 100AMP Panel, and newer Drilled well (40 ft) Located with 4 inclusive lots, fenced with party parking for 6 vehicles, RV Parking with sewer hookup and access to energized plug. Firepit area and garden shed. Inside the Home you'll find Kitchen with ample cupboards, main floor laundry, 3pc bathroom, quaint living room, and 2 bedrooms. A separate studio space or 1 bedroom summer guest house with power that use to be a 1930s gambling house. The yard also has Large crab apple, miniature crab tree, rose bush, Lilac, Choke cherry and go-gi berry and rhubarb. East Coulee has so much to offer with music festivals, artists, pancake breakfasts, school museum and a relaxed laid back atmosphere. This Home would make a perfect Summer Cottage ,safe if you want to snowbird or a Fun AirBNB. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.68 Ft x 11.75 Ft | |
| Bedroom | 10.01 Ft x 9.25 Ft | |
| Bedroom | 7.09 Ft x 11.16 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Living room | 10.17 Ft x 12.50 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 20, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.