Grizzly Ridge

Grizzly Ridge is a three-storey low-rise apartment building located at 201 12 Avenue SW in Slave Lake, constructed in 1980. The building contains one- to three-bedroom units averaging around 1,153 square feet. Recent sales have averaged around $70,000, with monthly condo fees of approximately $630. The building offers in-suite laundry in select units and maintains a range of parking options including plug-in stalls. Condo fees cover heat, water, professional property management, reserve fund contributions, and building maintenance. Before finalizing a purchase, prospective buyers should have the property's reserve fund study, financial statements, board minutes, and insurance documentation reviewed by a professional to understand the building's long-term financial health and condition.