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102, 7031 Gray Drive
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Beds
1
Baths
1
Sqft
970
Year
1982
Type
Single Family
On market
2d
Welcome to easy, affordable living in this beautifully updated 1-bedroom, 1-bathroom ground-floor condo located in desirable north Red Deer. Offering comfort, convenience, and accessibility, this bright adult (30+) home features a spacious private deck complete with its own storage space—perfect for enjoying your morning coffee or relaxing outdoors. Step inside and you'll immediately appreciate the tasteful updates, including modern paint tones and attractive laminate flooring that create a warm, contemporary feel throughout. A generous front foyer welcomes you into the bright and inviting open-concept living and dining area, where large windows fill the space with natural light. The well-designed kitchen offers plenty of functionality and style, featuring newer stainless steel appliances, attractive laminate countertops, subway tile backsplash, abundant cabinetry, and a large pantry for extra storage. The open layout flows seamlessly into the living room, making it ideal for both everyday living and entertaining guests. The spacious bedroom provides a peaceful retreat with ample room and natural light. The updated bathroom features a newly renovated walk-in shower, offering both comfort and accessibility for those seeking mobility-friendly living. Located on the main floor with no stairs to navigate, this home is an excellent option for anyone looking for convenient, maintenance-free living. Outside, you'll enjoy your own private outdoor space, while the assigned parking stall includes electrical service for your block heater during colder months. Condo fees provide exceptional value and include professional management, reserve fund contributions, exterior maintenance and insurance, water, sewer, garbage collection, and heat. Ideally situated in the Glendale neighbourhood just one block off Taylor Drive, you'll enjoy quick access to Highways 2, 11, and 11A, along with nearby shopping, restaurants, cafés, parks, public transit, recreation facilities, and more. Wheth er you're looking to downsize, simplify your lifestyle, or enter the market with an affordable home, this bright and welcoming condo offers outstanding value in a convenient location. Don't miss your opportunity to make it yours! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.67 Ft x 13.42 Ft | |
| Kitchen | 8.75 Ft x 12.75 Ft | |
| Dining room | 8.83 Ft x 8.92 Ft | |
| Primary Bedroom | 12.08 Ft x 13.50 Ft | |
| 4pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.