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5424 53 Ave
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Drayton Valley · Industrial · under $550,000. Alerts only send when there are new or meaningfully updated matching homes.
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If you are looking to start or expand your business, this versatile commercial property offers over 5,000 sq. ft. of combined office and shop space across two separate buildings. The 1,570 sq. ft. office building is designed with central air conditioning, two offices, a reception area, a boardroom with a wet bar, a lunchroom, two bathrooms, and an upper level storage area. The 3,600 sq. ft. shop is built with durable steel frame and cinder block construction and features three 16 x 16 overhead bay doors, making it ideal for a variety of commercial or industrial operations. The expansive yard provides plenty of room for equipment storage, large truck parking, or additional business uses. The property is fully graveled and includes an existing concrete pad, secure chain link fencing, and two gated entrances for easy access and added security. Conveniently located with quick access to Highway 22, this property is zoned C GEN (Commercial General District) and offers the flexibility and infrastructure to support a wide range of business opportunities. (id:65958)
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 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.