Riverstone, Lethbridge · MLS® A2350271
434
1,108 sq ft · 4,820 sq ft lot · House · Single Family · built 2023 · 19 days on market
listed by Eric Dekens, Lethbridge Real Estate.com
Welcome to this inviting bungalow in the peaceful community of Riverstone, offering a spacious and thoughtfully designed layout with plenty of room for comfortable living and entertaining. The main floor features an open-concept design with beautiful hardwood floors and tile. Enjoy two generously sized rooms and two full bathrooms, including a large ensuite with a walk-in shower and a spacious walk-in closet. The cozy dining room flows seamlessly into the great room, complete with a Wildenauer TV stand with fireplace by Ashley Furniture, creating a warm and welcoming space to relax. A dedicated laundry area adds everyday convenience, while the dining room provides easy access to the back deck, perfect for outdoor dining or enjoying your morning coffee.The fully developed basement offers even more living space, featuring a large carpeted family room with a second tv stand fireplace ideal for movie nights, entertaining, or family gatherings. Two spacious bedrooms and an additional full bathroom provide flexibility for guests, family members, or a home office. Step outside to enjoy the fully fenced and beautifully landscaped yard, complete with a custom wood shed for additional storage. The oversized driveway provides ample parking for multiple vehicles. With its peaceful setting, functional layout, generous living spaces, and inviting outdoor areas, this Riverstone bungalow is a wonderful place to call home.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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$525,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $525,000 |
| 2025 | $478,000 |
| 2024 | $393,000 |
From City of Lethbridge open data (parcels and assessments), matched to 509 RIVERHILLS WAY W. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $5,514 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $5,513 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 25/100 · Mostly by car
Within a 10 minute walk: 1 cafe, 5 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.