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114 days on Market

333 2 St, Drumheller, Alberta T0J 0Y4

Townhouse
-
-
- sqft
$999,000
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Townhouse
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,290/mo

Tax Amount (2024)$6,739/yr

Days On Market114 days


Description

Situated in the heart of Drumheller’s revitalized historic downtown, this charming multi-family building blends character with modern updates, making it a prime investment opportunity. Spanning 5,225 square feet (total), the property includes five self-contained rental suites, ranging from one to three bedrooms, with some offering ensuite bathrooms for added convenience. Extensive renovations include upgraded electrical systems, windows, appliances, air conditioning units (5), furnaces, and a new roof, ensuring peace of mind for both owner and tenants. Each unit is thoughtfully designed with off-street parking, in-suite laundry, and secure storage, enhancing tenant convenience. With Drumheller's growing demand for long-term rentals, driven by local industries like agriculture and tourism, this property presents a stable and attractive investment. The town’s affordable real estate market, especially compared to larger cities, adds to its appeal for investors looking to expand or establish a profitable rental portfolio. Don’t miss the opportunity to invest in this thriving community with high potential for strong returns.


Property Details

StyleOther
View-
Age of property1948
SqFt-
Lot Size-
Parking Spaces5
MLS ®NumberA2167980
Community NameDrumheller
Data SourcePILLAR 9
Listing bySotheby's International Realty Canada

Features

Heating: Forced Air
Cooling: Central Air

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Sep 23, 2024
ListedActive
$999,000
114 days on market
history photo preview18
Listing by pillar®
Property listed by Sotheby's International Realty Canada, Brokerage
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Population and Demographics

Overview

Total population 7272
Average household income $110,585

Age (%)

65 and plus
22%
50 to 64
22%
0 to 19
19%
20 to 34
19%
35 to 49
18%

Household composition (%)

Single family
58%
Single person
38%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Tagalog (Pilipino, Filipino)
3%
Others
3%
French
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget