Real estate in South Lethbridge, Alberta, offers a dynamic mix of housing options—from historical character homes and family‑friendly bungalows to modern infill townhouses and multi‑unit apartments. As the city’s commercial core, South Lethbridge combines urban convenience with established residential streetscapes, making it an attractive choice for first‑time buyers, growing families, and downsizers alike.
Types of Properties in South Lethbridge
- Detached Homes: Predominantly found in mature neighbourhoods like Lakeview and Scenic Heights, these single‑family houses range from 1,000 to 2,000 sq ft bungalows and ranch‑style layouts, many on generous lots.
- Semi‑Detached & Row Homes: Infill developments closer to downtown and along major corridors offer duplexes and row‑style townhomes, ideal for buyers seeking lower maintenance living.
- Apartments & Condos: A handful of low‑rise apartment buildings sit near the downtown fringe, providing rental and condo ownership options for those valuing proximity to shops and services.
- Townhouses: Select townhouse communities in Southgate and Tudor Estates combine modern finishes with community amenities, appealing to young professionals and small families.
Across Lethbridge, the Alberta Real Estate Association reports average sale prices by property type for April 2025 as follows: detached homes at $467,760; row homes at $325,643; semi‑detached units at $317,940; and apartments at $194,083.
Average Home Prices and Market Trends
- City‑Wide Context: The typical price for all residential properties in Lethbridge was $404,282 in April 2025, marking an 8.3 % year‑over‑year increase and signaling a continued seller’s market with just 1.51 months of supply.
- South Side Price Ranges:
- Mature pockets such as Lakeview often see bungalows listed between the mid‑$300,000s and low‑$400,000s. For example, recent listings on Oak Drive S have ranged from $385,000 to $395,000.
- In Fairmont Park, average listing prices hover around $600,000.
Notable South Lethbridge Neighbourhoods
South Lethbridge comprises over a dozen distinct communities, each with its own character and price point:
- Lakeview & Scenic Heights: Mature streets with 1950s–1970s bungalows, tree‑lined avenues, and quick access to downtown.
- Fairmont Park: Elevated lots overlooking the river valley, modern infill homes, and custom builds.
- Southgate & Tudor Estates: Recent townhouse and duplex developments offering low‑maintenance living.
- Chinook Heights & Fleetwood/St. Patrick’s: Closer to major retail corridors, these areas balance affordability and convenience.
Nearby Amenities and Lifestyle
Living in South Lethbridge means having daily conveniences at your doorstep:
- Park Place Mall: The city’s only fully enclosed shopping centre with over 120 stores—anchors include Galaxy Cinemas, Winners, and Shoppers Drug Mart.
- Visitlethbridge.com Arena: South Lethbridge’s main arena hosts concerts, trade shows, and sporting events.
- Lethbridge Polytechnic: Attracting students and faculty, the campus brings vibrancy and rental demand to the area.
- Downtown Arts & Culture: A short stroll from many South Lethbridge homes, residents enjoy galleries, museums, and cafés clustered around Galt Gardens.
Why Choose South Lethbridge?
- Established Infrastructure: Mature tree canopy, developed sidewalks, and community centres.
- Strong Investment Potential: Limited land for new detached lots in older areas drives steady appreciation.
- Urban‑Suburban Balance: Easy access to shopping, schools, and transit without sacrificing neighbourhood charm.
- Diverse Housing Stock: From entry‑level apartments to premium coulee‑view homes, there’s something for every budget and lifestyle.
Whether you’re hunting for a historic bungalow near the river valley, a turnkey townhouse by major amenities, or an investment property tailored to students and professionals, real estate in South Lethbridge, Alberta, stands out for its variety, value, and vibrant community setting.