47 Street - 12.8 Acres Residential & Commercial Land 12.8 Acres of Residential Land Offered at $1,970,000 CAD in Drayton Valley, AB T7A 1H6

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: Zoned for high-density and supported by the Town, this site aligns with CMHC programs and is ideal for affordable or workforce housing development.
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.
Development Potential: Preliminary concept includes eight 4-plexes and four apartment buildings, with in-place zoning also allowing for complementary commercial development.
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.