Waterways Homes & Real Estate

Waterways along with the attached community of Draper have a variety of home styles at various price points. Homes in Waterways range from $150,000 to $750,000 and includes both original and more recently constructed homes. While the area is predominantly single-family homes, there is a selection of multi-family and manufactured or mobile homes as well.

Established in 1922, Draper is only 12 kilometres south of Fort McMurray and is situated next to Fort McMurray’s Waterways neighbourhood. Waterways and Draper Road offer a charming sense of family-like community within the city. Stores, services, and restaurants are close by. This eclectic Fort McMurray area offers a home for every lifestyle. 

And, if you haven't already, register for a free account to automatically receive email alerts whenever new listings come on the market in Waterways that match your specific search criteria.

4 Properties

Waterways Community Amenities

Waterways and Draper are located close to the Clearwater River as well as downtown Fort McMurray. Many of the residents can walk to restaurants, entertainment, stores, and amenities. From Waterways and Draper, homeowners enjoy two boat launches, an outdoor spray park, baseball diamonds, and more. There is a Royal Canadian Legion situated in the community centre that hosts a variety of fun events throughout the year.

This historic area of Fort McMurray is the original townsite of the city. It is located in close proximity to the thriving downtown area, making it a quick commute to the office, shopping, entertainment and more. Amenities are easily accessible to residents of Waterways. This local Fort McMurray community is home to a small amount of retail and commercial businesses.

In addition to its historic charm and sense of community, Waterways is highly desirable as it's close to many outdoor year-round recreational opportunities. The Clearwater Trail system is easily accessible. Water recreation opportunities are right on the doorstep of this community. Waterways is only 5 minutes from MacDonald Island Recreation Centre, Miskawnaw Gold Club, and Syncrude Sport and Wellness. We can help home buyers find their dream home close to the best recreational activities. Hiking, skiing, snowboarding, and quadding are all quick and convenient to access.

Housing Market:

  • Home prices range from:
    • Waterways: $150,000-750,000
    • Draper Road: $600,00-1,200,000
  • Home age range: 1970-2020
  • Type of homes: Mobiles (without condominium fees), single family-detached
  • Architectural Styles: mobile, bungalow, 2-storey

Neighbourhood Highlights/Amenities:


  • Views of the Clearwater River
  • Opportunity to live on an acreage while still being close to amenities
  • Easy access to water
  • Nearby Waterways neighbourhood which has the below listed amenities
  • Seven km of Gravel Class 4 community rural road runs through Draper area


  • J. Howard Pew Park (Football Field, Playground, Baseball field, Spray Park)
  • Waterways Basketball Court
  • Outdoor Skating Rink
  • Playground
  • Sara Holden Dog Park
  • Rapheal Cree Park and Boat Launch
  • Tom Weber Park and Boat Launch
  • Sitskaw Staging Area

Waterways School Information

Students in Draper and Waterways are bussed to nearby schools in downtown Fort McMurray. The community is close to local elementary and high schools as well as Keyano College.


Waterways and Draper are charming, unique, historic neighbourhoods that appeal to buyers who would like to be close to downtown yet feel like they're miles away. These close-knit communities are perfect for quick access to downtown Fort McMurray and popular recreational activities throughout the year. There are a variety of homes available at every price point.

Waterways Real Estate Agents

Phone(780) 972-3924


Address TJ Campbell
Royal Lepage
120-151 Loutit Road
Fort McMurray, AB T9K 0K6