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Drayton Valley · Vacant Land · under $350,000. Alerts only send when there are new or meaningfully updated matching homes.
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OPPORTUNITY KNOCKING! 5.58 ACRES along the Ring Road and 43 Ave. that takes you close to the schools. It is a corner lot with pavement on three sides. It is zoned as R-Low district. It could be subdivided into 2 parcels or more if you wish. The sewer line runes through the property, water is under the road, and the power is on the property line. The property boarders a municipal reserve which has 2 natural ponds. A beautiful spot to sit and watch and listen to the birds, enjoy the wildlife and have the privacy to enjoy. ANOTHER ADVANTAGE IS THE SURFACE LEASE REVENUE OF $4,000.00 PER YEAR WITH RICOCHET. The pipeline has been abandoned but is still being paid annually unless at some point they reclaim it. CAN'T BEAT THIS PRICE AND SIZE AND LOCATION OF THIS LOT! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
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Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
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Inspection considerations
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 2, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.