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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408 320 N 5th Avenue

Central Business District Saskatoon S7K 2P5

$224,900

Residential beds: 2 baths: 1.0 902 sq. ft. built: 1968

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• Details
• Photos
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Status:

Active

Prop. Type:

Residential

MLS® Num:

SK047938

Bedrooms:

2

Bathrooms:

1

Year Built:

1968

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Incredible value in the heart of downtown Saskatoon! This well maintained west facing condo is ideally located just minutes from the University of Saskatchewan, City Hospital, the South Saskatchewan River, and the city's best restaurants, shops, and walking trails. Offering a practical layout with two spacious bedrooms and a four-piece bathroom, this home is perfect for students, professionals, healthcare workers, or investors. The unit features durable porcelain tile flooring throughout the main living areas, central air conditioning, and the convenience of in-suite laundry. The functional kitchen is equipped with granite countertops, maple cabinetry, a tile backsplash, pantry, double sink, built-in dishwasher, and built-in microwave, providing plenty of storage and workspace. Residents enjoy access to excellent building amenities, including a fitness room, amenities lounge, and two rooftop patios with panoramic views of downtown Saskatoon and the South Saskatchewan River. Even better, condo fees include all utilities, making ownership simple and predictable. Whether you're looking for a low maintenance home or an excellent investment opportunity in a prime location, this downtown condo is one you won't want to miss. Contact your REALTOR® today to arrange your private showing!

Listing Info:

Total Floor Area:

902 sq. ft.83.8 m2

Structure Type:

High Rise

Property Sub Type:

Apartment

Bedrooms:

2

Bathrooms:

1.0 (Full:-, Half:-)

Total Rooms:

7

Year built:

1968 (Age: 58)

General Listing Location:

Saskatoon, Central Business District, Saskatoon

Fees:

Common Interest:

Condominium

Association Name:

Squire Property Management

Association Phone:

(639) 525-2892

Association Fee:

$587

Association Fee Frequency:

Monthly

Association Fee Includes:

Common Area Maintenance, Electricity, Heat, Insurance, MaintenanceGrounds, Maintenance Structure, ReserveFund, Sewer, SnowRemoval, Trash, Water

Taxes:

$1,698 / 2026

Possession:

Negotiable

Room Information:

Floor

Type

Size

Other

Main

Bedroom

13'1"4.00 m × 10'7"3.23 m

-

Main

Living Room

14'10"4.51 m × 14'4"4.36 m

-

Main

Dining Room

9'10"2.99 m × 8'1"2.47 m

-

Main

Laundry

Measurements not available

-

Main

Kitchen

10'3.05 m × 8'1"2.47 m

-

Main

Bedroom

11'8"3.57 m × 10'7"3.23 m

-

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

-

FourPieceBathroom

Additional Info:

Appliances:

Dryer, Dishwasher, MicrowaveHoodFan, Refrigerator, Stove, Washer

Accessibility Features:

WheelchairAccess

Lease Considered:

No

Community Features:

Elevator, Fitness Center, Laundry Facilities

Interior Features:

Elevator, Window Treatments

Pets Comments:

Pets Restrictions:Allowed With Restrictions

Laundry Features:

InUnit, Common Area

Window Features:

WindowTreatments

Patio And Porch Features:

Balcony

Association Amenities:

Recreation Room

Direction Faces:

West

Construction Materials:

Concrete, Stone, Stucco

Roof:

Tar/Gravel

Heating:

Baseboard, Hot Water

Cooling:

Central Air

Uncovered Spaces:

1

Other Parking:

Asphalt

Total Parking Spaces:

1

Parking Features:

Asphalt, Guest

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Listed by Real Broker SK Ltd.

Data was last updated October 13, 2026 at 04:35 AM (UTC)

Area Statistics

Listings on market:

33

Avg list price:

$349,500

Min list price:

$164,900

Max list price:

$799,900

Avg days on market:

45

Min days on market:

4

Max days on market:

152

Avg price per sq.ft.:

$341.9

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.

Get market change alerts

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

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