The charming downtown core of Drumheller is one of the most diverse when it comes to real estate, featuring a wide range of styles and sizes of homes, and an even wider range in prices.

Houses in the downtown core were generally built during the first half of the twentieth century and sizes can range from 500 to 2500 sq. ft. Most homes in this area also have rear alley access, and if the property has a garage, it is most likely accessed off the alley.

Downtown Drumheller has been an especially popular area for the restoration of older character homes.  Several can be found along 3^rd Street, and along 3^rd Avenue West lie some of the most historic and artfully restored properties in Drumheller.

This area also has DT (Downtown Transitional) zoning in some areas for small businesses to be operated out of the front portion of older homes, if granted permission by the Development Authority. This adds a unique feel to businesses in the downtown core.

In addition, this subdivision of Drumheller features a number of multi-family apartment-style condominium projects. Keystone Towers is a 4-storey building on a beautiful tree-lined street. It has a mix of ground-level open parking spaces. Riverview Terrace, another condominium complex is the only project of its kind to incorporate underground parking. It was completed in 1999. The north-facing units of Riverview Terrace enjoy majestic views of the river and the hillside strata just beyond the shore.

Residents living in this neighbourhood enjoy the friendly atmosphere and benefit from being only a short walk away from shopping and local services. The downtown area borders on the Red Deer River, where the Memorial Arena can be found, as well as tennis courts, the Aquaplex and Rotary Splash Park, souvenir shops and theWorld’s Largest Dinosaur. This end of the neighbourhood will also soon be home to the Badlands Community Recreation Facility, a project set for completion in 2012. A walking path along the river connects this area with neighbourhoods in North Drumheller and Riverview.