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Real Estate in Henderson Lake, Lethbridge

Henderson Lake suits buyers who want a mature, established address with genuine recreational infrastructure right at the door.

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Active listings

3

Median list price

$400,000

Avg list price

$508,333

Homes for Sale in Henderson Lake, Lethbridge

Showing 3 of 3 active MLS® listings

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613 30 Street South, Lethbridge

$400,000

613 30 Street South, Lethbridge

Detached Single Family · 1 bed · 2 bath · 1,631 sqft

613 30 Street S, Lethbridge

$400,000

613 30 Street S, Lethbridge

2 Storey Split · 1 bed · 2 bath · 1,631.45 sqft

613 33 Street South, Lethbridge

$725,000

613 33 Street South, Lethbridge

Detached Single Family · 2 bed · 3 bath · 1,546 sqft

Buying in Henderson Lake

Who fits here

Henderson Lake suits buyers who want a mature, established address with genuine recreational infrastructure right at the door. The neighbourhood wraps around one of Lethbridge''s most storied parks — a 47-hectare green corridor anchored by a 24-hectare man-made lake that Mayor William Henderson commissioned in 1912. That heritage translates into wide tree-lined streets, larger lots, and a quieter pace that newer subdivisions on the westside simply cannot replicate. Families are drawn by Lakeview Elementary School on Henderson Lake Blvd South, immediate access to the Henderson Outdoor Pool, Henderson Lake Golf Course, and the Nikka Yuko Japanese Garden — all within walking distance. Retirees and empty-nesters value the flat, paved 7-km pathway system for year-round walking and cycling. Buyers upgrading from other south-side addresses often target this pocket for its combination of established character, mature landscaping, and the prestige of a park-facing address. If recreational walkability, park-view lots, and a neighbourhood with genuine roots are priorities, Henderson Lake consistently delivers.

Current market in the neighbourhood

Henderson Lake and the broader south Lethbridge market are tracking strong fundamentals heading into 2025. Homes here are currently listed between, with an active inventory of 3 properties. The median sold price sits and the average is, reflecting the premium that park-adjacent addresses command in this part of the city. Sellers are achieving of asking price on average, and homes are spending days on market before going firm — a strong signal in a mid-sized Alberta market. Over the past 12 months, homes changed hands in this neighbourhood. Price per square foot averages, giving buyers a clear benchmark when comparing properties.

Commute and lifestyle

Henderson Lake sits on Lethbridge''s south side, placing it roughly mid-city relative to key destinations. Downtown Lethbridge is under 10 minutes by car along Mayor Magrath Drive or Scenic Drive South. The University of Lethbridge — accessed via transit Route 10 or a short drive across the Oldman River valley — operates a Universal Transit Pass program for students, and Lethbridge Transit''s Route 4 Orange serves the Lakeview and 20 Avenue South corridor directly adjacent to the neighbourhood. Lethbridge College is a comparable drive south along the Mayor Magrath corridor. For daily errands, the 20 Avenue commercial strip provides groceries, pharmacies, and services without leaving the south side. The real lifestyle draw, however, is the park itself. The 2.8-km lake loop and 4.3-km perimeter trail connect directly into the city-wide 30-km Coal Banks Trail system, giving cyclists and joggers access to the Oldman River valley without a car. Canada Day festivities, the Rotary Dragon Boat Festival, and community markets run throughout summer, making Henderson Lake a neighbourhood where life genuinely spills outside.

Long-term context

Lethbridge has posted some of the steadiest price growth among Alberta''s mid-sized cities over the past several years. City-wide single-family assessments rose approximately 8% on average for the 2025 tax year (assessed as of July 1, 2024), and the broader market saw home prices climb roughly 17.8% between January 2023 and January 2024 — well above the Canadian average of 7.6% over the same period. South Lethbridge, where Henderson Lake sits, is the most established of the city''s three residential areas and tends to attract buyers seeking stability over raw new-construction upside. Park-adjacent streets in Henderson Lake have historically held a scarcity premium: the supply of homes directly bordering the park is finite by definition, and the neighbourhood does not expand. Lethbridge''s overall population reached 106,550 in the 2023 municipal census, with projected growth to roughly 108,000 by 2026, supporting continued demand across the city. For buyers weighing entry timing, the combination of limited inventory, a mature tree canopy that takes decades to establish, and irreplaceable park access makes Henderson Lake one of south Lethbridge''s most defensible long-term holds.

About Henderson Lake

Overview

Henderson Lake is one of South Lethbridge's most iconic and sought-after neighborhoods, built around the city's premier recreational lake. Known for its mature, tree-lined streets and strong sense of community, the area features primarily detached homes that fall within a mid-range price positioning. Real estate in the area sees an average sold price and homes typically remain on the market for.

Location

Situated in South Lethbridge, the Henderson Lake neighborhood provides excellent connectivity to the rest of the city. It is bordered closely by Mayor Magrath Drive to the west and Parkside Drive, placing residents within a short commute or a pleasant 30-minute walk from the downtown core.

Housing character

The neighborhood's housing landscape is defined by established, mid-century detached homes sitting on generous lots with mature landscaping. As a well-established area, it offers a charming residential feel with a median sold price and a competitive sale to list ratio.

Schools

Families in Henderson Lake have access to excellent educational options across both the public and Catholic school districts. Nearby schools include General Stewart Elementary School, Lakeview Elementary School, Gilbert Paterson Middle School, and Lethbridge Collegiate Institute (LCI), ensuring comprehensive options for students of all ages.

Transit

Lethbridge Transit provides convenient service to the neighborhood, with the cityLINK Green line connecting the Henderson Lake area directly to the Mayor Magrath commercial corridor and other key transit hubs. The neighborhood's layout also features extensive paved pathways that make walking and cycling highly accessible.

Shopping and dining

Residents are just steps away from Mayor Magrath Drive South, Lethbridge's major commercial artery. This bustling corridor offers a wide variety of dining options ranging from casual pubs to local favorites like Bootsma Bakery, alongside grocery stores and big-box retailers. Major shopping centers are also just a short drive away on the South side.

Parks and recreation

At the heart of the community is the 47-hectare Henderson Lake Park. It features a 24-hectare man-made lake ideal for kayaking and fishing, a 2.5 km lakeside walking loop, and multiple playgrounds. The area is a massive recreational hub, bordered by the Henderson Lake Golf Club, the Henderson Outdoor Pool, Spitz Stadium, the SLP Skate Park, and the beautiful Nikka Yuko Japanese Garden.

Lifestyle

Living in Henderson Lake offers a vibrant, active lifestyle that appeals to families, retirees, and outdoor enthusiasts alike. The neighborhood balances peaceful lakeside leisure with community events, dragon boat races, and summer festivals, making it an engaging and picturesque place to call home. There are currently 3 active listings for buyers looking to join this dynamic community.

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Frequently Asked Questions

The neighbourhood borders Henderson Lake Park — a 47-hectare green space with a 24-hectare lake, over 7 km of paved trails, an outdoor pool, golf course, and the Nikka Yuko Japanese Garden. That combination of mature park infrastructure and established housing stock is rare in Lethbridge and creates lasting demand for homes in the area.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on June 14, 2026 at 5:00 am (America/Edmonton)