4 days on Market

4517 40 Ave, Lethbridge, Alberta T1K 8G2

Detached
3 + 2
3
~2186.32 sqft
$850,000
Get pre-qualifiedPowered by nesto
Detached
3 + 2
3
~2186.32 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$388/sqft

Monthly cost

Open Calculator

Description

Discover exceptional living in this brand-new, fully finished five-bedroom, three-bathroom executive residence in the sought-after community of Southgate built by the amazing Grizzly Ridge. Offering a rare TRIPLE CAR ATTACHED GARAGE this home provides unparalleled space for vehicles, recreation, hobbies, or the ultimate private retreat—whether a workshop, collector’s showcase, or future golf simulator lounge. The main level spans an impressive 1,398 sq. ft., thoughtfully designed for both refined entertaining and comfortable daily living. A soaring vaulted ceiling, expansive windows, and a gorgeous gas fireplace with custom built-in shelving create a bright yet inviting great room atmosphere. The spacious eat-in kitchen and dining area seamlessly connect to the future rear deck, ideal for effortless indoor-outdoor gatherings. There is also a versatile flex room offers the perfect setting for a private office, library, or playroom, while two generous bedrooms and a beautifully appointed four-piece bath complete the level. Privately positioned on the upper floor, the primary suite is a true retreat boasting an impressive 717.37 sq. ft., featuring a spa-inspired ensuite with tiled glass shower, freestanding soaker tub, double vanity, and walk-in closet, all elevated by elegant tray-ceiling detailing and designer lighting. The fully developed lower level (1213.78 sq. ft.) extends the home’s lifestyle appeal with a spacious recreation area, wet bar, and a second fireplace with custom built-ins—perfect for entertaining or relaxed family evenings. Two additional bedrooms and a luxurious five-piece bathroom provide ideal accommodation for guests, teens, or multigenerational living. With no additional new construction for Grizzly Ridge anticipated until later this year, this move-in-ready home represents a limited and highly desirable opportunity to secure brand-new luxury in one of the area’s most coveted neighborhoods.


Property Details

Style2 Storey
View-
Age of property2025
SqFt~2186.32 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2284191
Community NameSouthgate
Data SourcePILLAR 9
Listing byCentury 21 Foothills South Real Estate

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Full,Finished,None

Main Floor

Foyer

6`7" x 14`2"

Family Room

20`7" x 12`0"

Eat in Kitchen

15`2" x 14`1"

Dining Room

11`7" x 141`1"


Features

Patio: Deck

Parking

Garage spaces 3

Garage type -

Other parking spaces 3

Total parking spaces 6


Property History

Feb 5, 2026
ListedActive
$850,000
4 days on market
history photo preview49
Listing by pillar 9®
Property listed by Century 21 Foothills South Real Estate, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Southgate

Geo Zone Map ThumbnailSouthgate

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

114 days

Compared to

2025

36 days

2024

30 days

2023

0 day

New Listings

Past 30 days

6 listings

Compared to

2025

3 listings

2024

4 listings

2023

4 listings

Units sold

Past 30 days

2 units

Compared to

2025

2 units

2024

2 units

2023

0 unit

Median Sold Price

Past 30 days

$657,000

Compared to

2025

$772,000

2024

$685,000


Population and Demographics

Overview

Total population 939
Average household income $177,379

Age (%)

0 to 19
29%
20 to 34
12%
35 to 49
23%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
77%
Single person
18%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
88%
Others
4%
Gujarati
2%
Arabic
1%
Yue (Cantonese)
1%
German
1%

House tenancy (%)

Owners
93%
Renters
7%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget