Purchase a Lot

RiverStone is one of the most desirable neighbourhoods in Lethbridge, so there is a great deal ofcompetition when new lots are made available. To make this process as fair as possible, we don't just sell lots in RiverStone on a first-come, first-served basis. We hold a public lot draw to give everyone an equal opportunity to purchase a lot.  Any individual, business or contractor wishing to purchase a lot can participate in the lot draw.

Advantages Buying from Lethbridge Land:

a) Choice of Lot at the draw                            b) Choice of builder

To ensure fairness, we try to make this process as straightforward and  transparent as possible. 

Step One

• complete a registration form

Step Two

• bring your completed registration form to City Hall in person to register
• identification will be required for verification
• once registered and verified, your name will be placed in a drum

Step Three

• on the day of the lot draw, you will have to be present (no one can stand in for you)
• as many names as there are lots will be drawn from the drum

Step Four

• if your name is called, you will need to show your identification for verification
• you will be required to pay a 10% deposit
• we'll ask you to come back in one week to sign your purchaser's agreement

Step Five

• within 90 days, you will be required to pay out the land in full

Step Six

• choose your builder and begin the process of building your new home in RiverStone

If there are any lots available after these draws, anyone may purchase them on a first-come, first-served basis and can purchase as many as they like.

Get more details on how the lot draw process works here