Welcome to the Central Business District Neighbourhood of Saskatoon
Formerly called West Saskatoon, downtown Saskatoon formed when the steam engines built their pumping stations on the lower west bank of the South Saskatchewan River. The recent development of train station back then, attracted retail stores that popped up around the newly created train station and rail yards. Today, the city of Saskatoon’s Central Business District has the Midtown Plaza and many locally owned boutiques and offices.
The area is home to approximately 3,200 residents, with over 75% of those residents being renters and the majority of dwellings being multi-family or apartment/condominium buildings.
The downtown improvements have been continuous since the original removal of the CNR yards in the 1950’s/1960’s and landmarks like the Centennial Auditorium/TCU Place and Hudson’s Bay popped up. Today, restaurants, retail, office buildings, high-rise apartment buildings like the 2nd Avenue Lofts, nightclubs, and recently Persephone Theatre, River Landing, and the Remai Art Gallery have become the anchors of the downtown core.
With Kiwanis Park and Friendship Park being nearby, the access to river trails and views are endless for the residents of downtown Saskatoon. Landmark buildings like the Bessborough Hotel, St. John’s Cathedral and St. Paul’s Roman Catholic Church help to keep the historic feel of the area in tact.
HOMES FOR SALE IN DOWNTOWN SASKATOON – CENTRAL BUSINESS DISTRICT
Discover an exceptional multi-zone studio space in a prime downtown location. Spanning approx. 5,000 sq ft, this unique basement is perfectly configured for an entertainment, fitness, or private club-style business. The layout includes a large recreation area, ideal for a lounge or games room, and a separate common area perfect for meetings or events. A well-equipped kitchenette is ready to serve your members or staff. The highlight is a dedicated fitness zone, complete with private lockers, a changing room, and a full shower facility. Access is via a secure key-card lobby, ensuring privacy for your operations. A must-see!
Listing Area:
Saskatoon
Listing Subarea:
Central Business District
Property Type:
Commercial
Property Sub Type:
Other (See Member Only Remarks)
Year built:
1971
(Age: 55)
Total Floor Area:
5,000 sq. ft.465 m2
Ownership Title:
Leasehold
Elevator:
None
Office Size:
5,000 sq. ft.465 m2
Smoke Detector:
Yes
Heating:
Air Conditioning, Floor Model Furnace, Hot Water
Heating Source Location:
Common Use
Construction:
Other
Alarm System Owned, Communication Network, Interior Space, Onsite Parking, Security Access
Data was last updated May 25, 2026 at 07:35 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$265,000
Min list price:
$12,000
Max list price:
$3,500,000
Avg days on market:
83
Min days on market:
6
Max days on market:
342
Avg price per sq.ft.:
$107.38
These statistics are generated based on the current listing's property type
and located in
Saskatoon. Average values are
derived using median calculations. This data is not produced by
the MLS® system.