4824 - 49 Avenue | Northfield Commercial Real Estate

Drayton Valley, AB



Property Attributes

Property Type Multifamily

List Price $1,050,000

Address 4824 49 Avenue

City Drayton Valley

Province AB

Lease or Sale sale

SQFT 0 Sqft

Active / Sold active


Derrick Manor is a fourteen suite apartment building located at 4824 – 49 Avenue in Drayton Valley, Alberta.
It is a two and a half storey walk-up, wood-frame construction building that was built in 1974. The Pitched Asphalt Shingle Roof was redone in 2012. There are 10 Baclonies and 4 Patios. The foundation is of Concrete construction. Windows are Double glazed PVC. Parking is located at the rear of the building and is surface and paved.
The suite mix is 14 Two-Bedroom suites.


City Overview

Drayton Valley is a town located in Central Alberta, approximately 140 kilometers (an hour and a half) south south west of Edmonton, Alberta, and 168 kilometers (two hours) north west of Red Deer, Alberta. Highway 22 and Highway 39 are the two major routes through Drayton Valley. The town is located between the North Saskatchewan River and the Pembina River.
According to the 2016 Municipal Census, the population of Drayton Valley is recorded at 6, 867 residents. Drayton Valley is the highest populated town in Brazeau County, which has a recorded population of 7,771 residents based on the 2016 Canadian census.
The economy in Drayton Valley is primarily driven by the Oil & Gas industry. Agriculture and forestry also play a role in the local economy. There is a pulp mill located in the town.
There are 5 public schools, 2 Catholic schools and 1 Christian school providing the education from kindergarten through grade twelve.
An RCMP detachment is located in town, as well as the Drayton Valley Hospital and Care Centre which provides a full range of services. Amenities in Drayton Valley include the Library, Museum, Landmark Cinemas, Omniplex, Park Valley pool and the Total Works fitness centre.
Restaurants include McDonalds, Tim Hortons, Dairy Queen, Boston Pizza, Quiznos, Panago Pizza, A & W, Subway, KFC, and many more.
Hotel and Hospitality services are provided by Super 8 by Wyndham, Holiday Inn Express & Suites, Ramada by Wyndham, Service Plus Inns & Suites, BCMInns, Lakeview Inn & Suites, Best Western Plus, and many more.
Brand name amenities include Canadian Tire, Walmart, Marks work warehouse, Home Hardware, IGA, Independent grocer, Rexall and Value Drug mart. Banking services are provided by RBC, BMO, TD, Scotiabank, Servus Credit Union and ATB.

4824 49 Avenue, Drayton Valley, AB, Canada

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4824 49 Avenue, Drayton Valley, AB, Canada

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