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
1405 315 N 5th Avenue
Saskatoon
S7K 2P4
$229,900
Residential
beds: 2
baths: 2.0
1,109 sq. ft.
built: 1980
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- SK050168
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 1980
- Photos (39)
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Enjoy the ease of downtown living at “The Terrace”, where spacious interiors, west-facing views, and an impressive selection of amenities come together. This 1,109 sq. ft. 14th-floor condo offers a comfortable layout with a roomy primary bedroom conveniently located near the laundry, plus a full bathroom with tub and shower. Laminate flooring runs through most living areas, while central air conditioning adds comfort throughout the warmer months. Updated electrical is an added benefit, and the west-facing windows showcase beautiful evening skies. Note that the condo fees include all utilities including power! “The Terrace” offers an excellent selection of amenities, including an indoor salt-water swimming pool, hot tub, lounge area, and a 4th-floor patio with three BBQs—ideal for relaxing or entertaining. The well-managed building also features two elevators. There is a guest suite available to book for and the cost is $60/night for a max of three nights in a row. Step outside and enjoy a location that puts the best of downtown Saskatoon within easy reach. Shops, restaurants, entertainment, parks, and everyday conveniences are all nearby, while the riverbank and Meewasin Valley walking and biking trails are just steps away. If you're looking for a spacious condo in a fantastic downtown location with amenities to enjoy year-round, come see what The Terrace has to offer—book your private viewing today!
- Total Floor Area:
- 1,109 sq. ft.
- Structure Type:
- High Rise
- Property Sub Type:
- Apartment
- Bedrooms:
- 2
- Bathrooms:
- 2.0 (Full:-, Half:-)
- Total Rooms:
- 8
- Year built:
- 1980 (Age: 46)
- General Listing Location:
- Saskatoon, Central Business District, Saskatoon
- Common Interest:
- Condominium
- Association Name:
- ICR - Ron Johnson 306-664-6118 x226
- Association Phone:
- (306) 664-6118
- Association Fee:
- $891.35
- Association Fee Frequency:
- Monthly
- Association Fee Includes:
- Common Area Maintenance, Electricity, Heat, Insurance, MaintenanceGrounds, Maintenance Structure, ReserveFund, Sewer, SnowRemoval, Trash, Water
- Taxes:
- $2,697 / 2026
- Immediately
- Floor
- Type
- Size
- Other
- Main
- Kitchen
- 9'8" × 7'7"
- -
- Main
- Bedroom
- 10'2" × 9'5"
- -
- Main
- Dining Room
- 8'1" × 7'1"
- -
- Main
- Office
- 7'11" × 6'10"
- -
- Main
- Bedroom
- 14'7" × 11'6"
- -
- Main
- Living Room
- 20' × 11'10"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- -
- TwoPieceBathroom
- Main
- No
- -
- FourPieceBathroom
- View:
- City, Skyline
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Accessibility Features:
- WheelchairAccess
- Lease Considered:
- No
- Community Features:
- Elevator, Pool
- Interior Features:
- Kitchen Exhaust Fan, Window Treatments
- Pets Comments:
- Pets Restrictions:Not Allowed
- Laundry Features:
- InUnit
- Window Features:
- WindowTreatments
- Pool Features:
- Community, Indoor
- Association Amenities:
- GuestSuites
- Direction Faces:
- West
- Entry Level:
- 1
- Construction Materials:
- Brick, Concrete
- Roof:
- Tar/Gravel
- Heating:
- Baseboard, Hot Water
- Fireplaces:
- 0
- Fireplace:
- No
- Cooling:
- Central Air
- Covered Spaces:
- 1
- Total Parking Spaces:
- 1
- Parking Features:
- Garage Door Opener
-
Multi-level building featuring a brick facade, covered glass entrance, and mature landscaping -
Multi-level building featuring a brick facade, covered glass entrance, and mature landscaping
-
Featuring laminate flooring
-
Kitchen featuring wood cabinetry, light-toned countertops, a double basin sink, white appliances and linoleum flooring
-
Kitchen featuring wood cabinetry, light-toned countertops, a double basin sink, white appliances and linoleum flooring
-
Kitchen featuring wood cabinetry, light-toned countertops, a double basin sink, white appliances and linoleum flooring
-
Large windows wall with city view, and dark laminate flooring
-
Large windows with city view, and dark laminate flooring
-
Large windows in living room with city view, and dark laminate flooring
-
Laminate flooring, full-height windows with vertical blinds, glass-enclosed office space that can be removed if desired
-
Laminate flooring, full-height windows with vertical blinds, glass-enclosed office space that can be removed if desired
-
Laminate flooring, full-height windows with vertical blinds, glass-enclosed office space that can be removed if desired
-
Laminate flooring, full-height windows with vertical blinds, large mirrored wall, glass-enclosed office space that can be removed if desired
-
Built-in desk with integrated shelving and cabinetry
-
4 piece bath featuring bathtub and shower combination, white toilet, wood-finish vanity with ample storage, light-toned countertop with integrated sink, and wall-mounted mirror
-
Integrated shower stall with built-in seating and grab bar
-
Laminate flooring, white walls, and large mirrored closet
-
Laminate flooring, white walls, and large mirrored closet
-
Laminate flooring throughout, white interior doors, with a 2-piece ensuite
-
2-piece ensuite bathroom featuring a wood-finish vanity with a light-toned countertop, an overhead vanity light fixture, and a wall-mounted mirror
-
2-piece ensuite bathroom featuring a wood-finish vanity with a light-toned countertop and integrated sink
-
Large closet space
-
Second bedroom, wall-to-wall carpeting, and baseboard heating
-
Second bedroom with wall-to-wall carpeting, wood-finish sliding closet doors, and a ceiling-mounted light fixture
-
Dedicated laundry area with a top-load washer and front-load dryer
-
Utility area with built-in shelving, pegboard storage, and central air conditioning
-
Designated parking stall in underground parking area
-
Underground parking
-
Building lobby
-
Building lobby
-
Entrance to indoor salt-water pool and hot tub, and entry to the lounge area
-
Indoor salt-water swimming pool with tile finish and integrated accessibility lift
-
Enclosed patio with a transparent roof, full-height windows, and concrete flooring
-
Hospitality suite available to guests
-
Expansive outdoor terrace with tiled flooring and a protective low wall
-
Expansive outdoor terrace featuring textured paver flooring, a white brick exterior, and dark-framed windows
-
Expansive outdoor terrace with picnic area, barbecues and featuring textured stone tile flooring, a white brick exterior wall, and a low cream-colored perimeter wall
-
Photo 38 of 39
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Photo 39 of 39
Listed by Century 21 Fusion
Data was last updated October 14, 2026 at 10:35 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:
- 47
- Min days on market:
- 6
- Max days on market:
- 154
- 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.
- MICHELLE BUTLER
- ROYAL LEPAGE SASKATOON REAL ESTATE
- 1 (306) 491-7725
- michelle@michellebutler.ca
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