Cherry Grove Manor
5011 Pine Drive, Cherry Grove, AB T0A 0T0
Cherry Grove
Year Built
2006
Floors
1
Building Type
Low-rise apartment
Market Overview
Avg Sold Price
$108,200
Median Sold
$107,500
Price Range
$90,000 – $121,500
Avg $/SqFt
$147.724
Sales (2yr)
5
Active Listings
1
Avg List Price
$129,000
Avg Days on Market
40.4
Last sale: May 8, 2026
Condo Fees
Avg Monthly Fee
$370.46
Median Fee
$341.72
Avg $/SqFt
$0.496
Units w/ Fee Data
6
Fee IncludesHeat, Water, Electricity
Building Features
ExteriorWood, Hardie Board Siding
AmenitiesSocial rooms, heated indoor parking, visitor parking, secured storage locker room, smoke-free common areas
Building TypeLow-rise apartment
Floors1 storeys
Year Built2006
Policies
Pet PolicyNo pets allowed (No Animal Home)
Age Restriction55+
Management
Management CompanySelf-managed (board)
About This Building
Cherry Grove Manor is a 55+ adult residence at 5011 Pine Drive in Cherry Grove, built in 2006. This low-rise apartment building offers one-bedroom units in a friendly, community-focused environment with social rooms and heated indoor parking. Recent sales have averaged around $108,000, with monthly condo fees of approximately $370. The building maintains a no-smoking, no-pets policy and provides secured storage and visitor parking. Prospective buyers should have the condo's reserve fund study, financial statements, board minutes, bylaws and insurance documentation reviewed by a professional before finalizing any purchase.