What is the average home price in Southridge, Lethbridge?

The median sold price in Southridge currently sits, with the overall range running from to depending on lot size, finished square footage, and coulee-view exposure. Detached single-family homes represent the bulk of transactions.

How far is Southridge from downtown Lethbridge?

Southridge is approximately 10 to 15 minutes from downtown Lethbridge by car using Scenic Drive or 5th Avenue South. The south-side grid is straightforward, and the commute avoids the bridge crossings that slow north-south travel in other parts of the city.

Are there parks and trails in Southridge?

Yes. Southridge Park is a long linear greenway running through the neighbourhood, featuring a shale trail and a dry storm pond with native plantings. It connects into Lethbridge''s broader 200-plus kilometre multi-use path network, with routes leading toward Henderson Lake Park and the coulee trail system.

How long are homes on the market in Southridge?

Southridge homes are selling in an average of days on hômm, with a sale-to-list ratio. South-side detached product has seen firm demand, particularly for larger coulee-view lots that are not being replicated in newer subdivisions.

Is Southridge a good neighbourhood for families?

Southridge consistently ranks as one of Lethbridge''s stronger family choices. The combination of walkable elementary schooling, a linear park spine for outdoor play, larger lots uncommon in newer builds, and convenient access to south-side amenities and healthcare makes it well-suited to households with children at multiple stages.

Real Estate in Southridge, Lethbridge

Southridge draws buyers who want the south-side address without sacrificing space or scenery.

Browse listings View on map

Active listings

Median list price

$398,000

Avg list price

$507,583

Homes for Sale in Southridge, Lethbridge

Showing 12 of 29 active MLS® listings

View all

$1,499,900

2908 48 Avenue South, Lethbridge

Detached Single Family · 3 bed · 6 bath · 2,359 sqft

$1,598,000

704 Gold Canyon Bay South, Lethbridge

Detached Single Family · 1 bed · 4 bath · 1,680 sqft

$1,598,000

704 Gold Canyon Bay S, Lethbridge

Bungalow · 1 bed · 4 bath · 1,680 sqft

$428,000

138 Sandstone Road South, Lethbridge

Other

$358,000

709 Gold Canyon Bay South, Lethbridge

Other

$498,000

146 Sandstone Road South, Lethbridge

Other

$428,000

134 Sandstone Road South, Lethbridge

Other

$368,000

713 Gold Canyon Bay South, Lethbridge

Other

$349,000

127 Sandstone Road South, Lethbridge

Other

$268,000

700 Gold Canyon Bay South, Lethbridge

Other

$368,000

708 Gold Canyon Bay South, Lethbridge

Other

$498,000

142 Sandstone Road South, Lethbridge

Other

Buying in Southridge

Who fits here

Southridge draws buyers who want the south-side address without sacrificing space or scenery. The neighbourhood sits on the coulee slopes just inside Mayor Magrath Drive and Scenic Drive, so single-family homes here typically come with larger lots, views of the river valley, and a genuine backyard — things increasingly hard to find at this price point in Alberta. Families with school-age children account for a strong share of buyers: Southridge Elementary School is walkable from most streets, and Catholic Central High School is a short drive along the south arterial network. The physical layout — a linear park spine, the dry-storm-pond greenway, and trail connections linking to Lethbridge's broader 240-kilometre path system — rewards active households who want kids outside and moving. Professionals at Lethbridge Polytechnic or the University of Lethbridge find the south-side location cuts commute time meaningfully compared to west-side equivalents. First-time buyers priced out of Calgary or Edmonton regularly discover that Southridge offers a detached home with coulee views at a fraction of the cost, making it one of the more convincing value propositions on Alberta's southern tier.

Current market in the neighbourhood

Southridge is currently tracking 29 active listings, with prices ranging from. The median sold price over the past 12 months sits, and the average sold price. Homes are moving at an average of days on hômm before going firm, with a sale-to-list ratio of — reflecting steady demand for south-side detached product. Over the trailing year, properties changed hands in the neighbourhood. Average price per square foot currently runs, giving buyers a clear benchmark when comparing new-build townhouses to resale bungalows on larger coulee-view lots.

Commute and lifestyle

Southridge sits in the southwest quadrant of Lethbridge, positioned between Whoop-Up Drive to the north and the coulee edge to the south and east. Mayor Magrath Drive, the city''s main south arterial, forms the western boundary, putting residents within a few minutes of essentially every commercial node on the south side — the Lethbridge Centre mall, grocery anchors, and the medical corridor along Mayor Magrath are all reachable without touching a highway. Lethbridge Polytechnic, one of the city''s largest employers, is roughly a 10-minute drive east along Whoop-Up Drive. The University of Lethbridge, perched on the west coulee rim, adds another 10 to 15 minutes via University Drive. For commuters heading downtown, the grid is straightforward: 5th Avenue South or Scenic Drive connects to the core in under 15 minutes during normal traffic. Lethbridge Transit routes run along Mayor Magrath Drive, providing a car-free option for workers and students. Day-to-day life leans heavily on the outdoor network — Southridge Park''s shale trail and the adjacent storm-pond greenway connect into the city''s 200-plus kilometres of multi-use paths, giving cyclists and runners direct access to Henderson Lake Park and the coulee trail system. With 320-plus annual sunshine days, those paths earn their use year-round.

Long-term context

Lethbridge single-detached homes logged a 182 percent gain from 2000 to 2020, rising from a median of roughly $140,000 to $395,000, according to City of Lethbridge housing data. That trajectory accelerated: city-wide average prices jumped 17.8 percent from January 2023 to January 2024 alone, more than double Canada''s 7.6 percent national rate over the same period. Property assessments for single-family dwellings in Lethbridge rose approximately 8 percent for the 2025 tax year, consistent with sustained buyer demand against limited resale supply. Southridge benefits from two structural tailwinds specific to its location: the coulee-view premium commands consistent premiums over comparable interior lots, and the neighbourhood''s larger-lot stock is not being replicated in newer south-end subdivisions where minimum lot sizes have tightened. For buyers tracking relative value within Alberta, Lethbridge still sits well below Calgary ($492,684 average in 2021) and Edmonton ($389,765), positioning Southridge as a compelling long-hold option for households relocating from larger centres.

About Southridge

Overview

Southridge is an exclusive, prestigious luxury neighbourhood located in South Lethbridge. Known for holding some of the city's highest real estate sale records, it features expansive custom-built homes, large lots, and breathtaking views of the coulees and surrounding landscape. The area comprises different development phases, including the original Southridge, Sandstone, and the newer Gold Canyon Estates. With an average sold price and homes spending on the market, it offers an elevated lifestyle that balances tranquility with urban convenience.

Location

Situated at the southernmost edge of Lethbridge, Southridge offers a prime location that balances privacy with accessibility. The neighbourhood is positioned just west of Mayor Magrath Drive South and is conveniently close to the Lethbridge Airport. Residents enjoy easy connections to downtown Lethbridge and commercial hubs via arterial routes, while the United States border is approximately an hour's drive to the south.

Housing character

The housing landscape in Southridge is defined by its custom-built, luxury single-family detached homes. Built starting in the late 1990s through to the newer Gold Canyon Estates development, properties often sit on sprawling lots ranging from a third of an acre to over 0.7 acres. Homes are expansive, typically measuring between 2,000 and 6,000 square feet, and feature refined architectural designs. Currently, there are 29 active listings, with the market commanding an average list price of $507,583.

Schools

Families in Southridge have access to a variety of educational options within the Lethbridge School Division and the Holy Spirit Catholic School Division. Nearby public and Catholic schools serving the area include Robert Plaxton Elementary, Our Lady of the Assumption School, Gilbert Paterson Middle School, St. Francis Junior High, Lethbridge Collegiate Institute (LCI), and Catholic Central High School. Lethbridge Polytechnic is also situated nearby for post-secondary education.

Transit

While Southridge is extraordinarily convenient for getting around by personal vehicle, public transit services are less practical for running daily errands compared to more central neighbourhoods. However, the community provides reliable access to major roadways like 43rd Street South for quick commuting. The area's well-maintained streets and pathway systems also encourage cycling and walking within the neighbourhood.

Shopping and dining

Residents of Southridge are just a short drive away from prominent retail and dining destinations in South Lethbridge. The neighbourhood is close to major big-box retailers, including Costco and Real Canadian Superstore, as well as various local boutiques. The nearby Mayor Magrath Drive corridor provides easy access to a diverse selection of high-end shopping, casual eateries, and gourmet restaurants.

Parks and recreation

The neighbourhood offers a serene environment with abundant green spaces seamlessly integrated into the landscape. Southridge Park serves as a central highlight, featuring a long linear layout with a shale walking trail, expansive open spaces, and a dry storm pond. Residents can also take advantage of nearby coulee trails, nature reserves, and local golf courses that provide premier opportunities for outdoor recreation.

Lifestyle

The lifestyle in Southridge is sophisticated, peaceful, and highly sought-after. It caters to those who appreciate refined living, enhanced privacy, and a strong connection to nature without sacrificing city conveniences. With meticulously landscaped grounds, scenic coulee views, and proximity to top-tier recreational facilities, the community provides a serene retreat perfect for professionals and families seeking a premier living experience.

See recent sold prices in Southridge, Lethbridge

Browse MLS® sold prices to understand the market before you buy.

View sold data

Frequently Asked Questions

Southridge Elementary School is the walkable public option for younger children within the neighbourhood. For secondary, Catholic Central High School is a short drive south along the Mayor Magrath corridor. Lethbridge School Division and Holy Spirit Catholic School Division both operate schools within the broader south-side catchment, and the University of Lethbridge and Lethbridge Polytechnic are accessible for post-secondary students.

Website provided by Kelly Grant

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 3:00 pm (America/Edmonton)