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Grizzly Ridge

201 12 Avenue Sw, Slave Lake, AB T0G 2A4

Grizzly Ridge, at 201 12 Avenue Sw, is a condo building in Slave Lake, Alberta. It was built in 1980 and stands 3 storeys tall.

Year Built
1980
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$100,972.727
Median Sold
$97,000
Price Range
$76,000 – $128,200
Avg $/SqFt
$97.537
Sales (2yr)
11
Active Listings
2
Avg List Price
$115,450
Avg Days on Market
45.27272727272727

Last sale: Sep 18, 2026

Condo Fees

Avg Monthly Fee
$589.431
Median Fee
$611
Avg $/SqFt
$0.547
Units w/ Fee Data
11
Fee IncludesHeat, Water

Building Features

ExteriorConcrete,Wood Frame
AmenitiesIn-suite laundry, off-street parking, laundry facilities.
Building TypeLow-rise apartment
Floors3 storeys
Year Built1980

Policies

Pet PolicyCats and dogs allowed with restrictions.
Rental PolicyRentals allowed; current tenant in at least one unit with lease ending August 31, 2026.

Known Issues & Notes

Repairs/Projects

New windows, siding, roof, and shingles (2025) completed. Balconies and exterior patio doors recently upgraded.

About This Building

Grizzly Ridge is a three-storey low-rise apartment building located at 201 12 Avenue SW in Slave Lake, constructed in 1980. The complex comprises a mix of one-, two-, and three-bedroom units. Recent sales have averaged around $101,000, with monthly condo fees averaging roughly $589. The building has undergone significant exterior upgrades in recent years, including new siding, windows, roof, and shingles as of 2025. Units feature in-suite laundry and covered balconies or decks. Condo fees cover heat, water, utilities, professional management, and building insurance. Before purchasing, prospective buyers should request and review the reserve fund study, financial statements, board minutes, and bylaws to ensure the building's financial health and governance align with their investment goals.

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