61 days on Market

4517 40 Ave, Lethbridge, Alberta T1K 8G2

Detached
3 + 2
3
~2186.32 sqft
$•••,•••
$839,900
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Detached
3 + 2
3
~2186.32 sqft

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Highlights

Property Estimate

Days on market61 days

Estimated valueNot available

Price/Sqft$384/sqft

Monthly cost

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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
$839,900
61 days on market
history photo preview50
Listing by pillar 9®
Property listed by Century 21 Foothills South Real Estate, Brokerage
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Market Data - Southgate

Geo Zone Map ThumbnailSouthgate

Strong Seller'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

102 days

Compared to

2025

68 days

2024

19 days

2023

78 days

New Listings

Past 30 days

4 listings

Compared to

2025

5 listings

2024

3 listings

2023

3 listings

Units sold

Past 30 days

6 units

Compared to

2025

3 units

2024

4 units

2023

1 unit

Median Sold Price

Past 30 days

$626,700

Compared to

2025

$635,000

2024

$557,500

2023

$563,000


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