7031 Gray Drive

7031 Gray Drive in Glendale, Red Deer is a 3-storey, brick and stucco low-rise apartment building built in 1982. The property contains one- and two-bedroom units ranging around 935 sq ft and is restricted to residents aged 40 and over. Recent sales have averaged approximately $150,000, with monthly condo fees around $537. The building features off-street parking with assigned stalls. Condo fees include professional management, reserve funds, exterior maintenance, insurance, utilities (water, sewer, garbage, and heat). Before making an offer, prospective buyers should arrange a professional review of the condo documents—including the reserve fund study, financial statements, board minutes, and bylaws—to ensure the property's long-term financial health and any outstanding maintenance obligations are understood.