River Terrace
#307 4002 47 St., Drayton Valley, AB T7A 0A2
Drayton Valley
Year Built
2016
Building Type
Townhouse/rowhouse condo
Market Overview
Active Listings
1
Avg List Price
$265,000
Condo Fees
Avg Monthly Fee
$404.92
Median Fee
$404.92
Avg $/SqFt
$0.397
Units w/ Fee Data
1
Fee IncludesHeat
Building Features
ExteriorSteel, Stone, Vinyl
AmenitiesExercise room, gathering room, heated underground parkade, deck
Building TypeTownhouse/rowhouse condo
Year Built2016
Policies
Pet PolicyNo animals
Age Restriction55+
Management
Management CompanySelf-managed (board)
About This Building
River Terrace is a 55+ townhouse condo complex built in 2016 in Drayton Valley, located at 4002 47 Street. Units feature heated underground parkade parking, decks, and access to common amenities including an exercise room and gathering space. Recent listings have averaged around $265,000, with monthly condo fees roughly $405. The building's age-restricted community and proximity to shopping, medical services, and recreational facilities appeal to active seniors. Before finalizing a purchase, prospective buyers should review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's financial health and governance.