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 2^nd 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

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305 303 5th Avenue

Central Business District Saskatoon S7K 2P6

$349,900

Residential beds: 2 baths: 2.0 1,146 sq. ft. built: 1996

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• Details
• Photos
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Status:

Active

Prop. Type:

Residential

MLS® Num:

SK032151

Bedrooms:

2

Bathrooms:

2

Year Built:

1996

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Welcome to Waterford on 5th Avenue North—one of the city’s most desirable addresses. Perfectly positioned just a couple blocks from the South Saskatchewan River and Meewasin Trail, this exceptional condo offers the ideal blend of natural beauty and urban convenience. This spacious 2-bedroom, 2-bathroom bungalow-style unit features over 1,100 sq. ft. of refined living space with upscale finishes throughout. The open-concept layout is highlighted by rich hardwood flooring, granite overlay countertops, stunning backsplash, built in appliances and large windows that flood the living area with natural light while the balcony faces the front of the building towards the river. The primary bedroom is a private retreat, complete with a walk-in closet and a 3-piece ensuite. A second bedroom and full bath provide flexibility for guests, family, or a home office. Enjoy the added convenience of in-suite laundry, underground parking, storage #11 and access to a well-appointed amenities room. Step out onto your private balcony to relax and take in the serene surroundings. This condo truly checks all the boxes—style, comfort, and an unbeatable location walking distance to U of S and City Hospital. Don’t miss your chance to call it yours.

General Info:

Listing Area:

Saskatoon

Listing Subarea:

Central Business District

Property Type:

Residential

Property Sub Type:

Apartment

Building Type:

High-Rise (4 floors or higher)

Home Style:

Apartment Unit Single-Level

Year built:

1996 (Age: 30)

Complex / Subdivision:

Waterford

Total Floor Area:

1,146 sq. ft.106 m2

Bedrooms:

2

Number of bathrooms:

2.0

Kitchens:

1

Taxes:

$2,685 / 2025

Additional Info:

Ownership Title:

Condominium

Heating:

Hot Water, Natural Gas

Heating Source Location:

In-Unit

Roof:

Other

Exterior Finish:

Stone

Amenities:

Amenities Room, Elevator, Exercise Area, Visitor Parking

Features:

Air Conditioner (Central), Elevator, Intercom

Outdoor:

Balcony

Additional Features:

Condo Fees Assessed: Yes, Heated Garage: Yes, Storage: Yes

Room Information:

Floor

Type

Size

Other

Main

Kitchen

11'3.35 m × 8'2.44 m

Hardwood

Main

Dining Room

12'3.66 m × 10'3.05 m

Hardwood

Main

Living Room

16'4.88 m × 12'3.66 m

Hardwood

Main

Bedroom

11'3.35 m × 9'2.74 m

Carpet

Main

Bedroom

16'4.88 m × 10'3.05 m

Carpet

Main

Laundry

Measurements not available

Linoleum

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

4

5' x 7' Linoleum

Main

No

3

Linoleum

Other Details:

Occupancy:

Owner

Condo Fees:

579.71

Condo Fee Includes:

Common Area Maintenance, External Building Maintenance, Garbage, Heat, Lawncare, Reserve Fund, Sewer, Snow Removal, Water

Equipment Included:

Dishwasher Built In, Dryer, Fridge, Oven Built In, Washer

Management:

Property Management Firm

Management Company:

Saskatoon Real Estate Services Inc

Land Info:

Direction Facing:

Front, East

Garage:

Underground Parking

Parking Places:

1.0

Parking Places Covered:

1.0

Listing Info:

Date Listed:

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Days on Mkt:

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Listed by RE/MAX Saskatoon

Data was last updated April 28, 2026 at 01:35 PM (UTC)

Area Statistics

Listings on market:

24

Avg list price:

$437,400

Min list price:

$219,000

Max list price:

$849,900

Avg days on market:

40

Min days on market:

1

Max days on market:

330

Avg price per sq.ft.:

$392.41

These statistics are generated based on the current listing's property type and located in Central Business District. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• MICHELLE BUTLER
• ROYAL LEPAGE VIDORRA
• 1 (306) 491-7725
• michelle@michellebutler.ca

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