Welcome to the Caswell Hill Neighbourhood of Saskatoon
An up and coming neighborhood in Saskatoon built circa 1905, Caswell Hill is undergoing an upgrade with infills and renovations to the older homes and apartment-turned-condominiums; giving the area a fresh look, attracting young families, and keeping that old-timey feel. Mature trees line the streets of this tight-knit community.
Two schools (Caswell School and Bedford Road Collegiate) along with Mayfair Pool, facilities for tennis and basketball, a playground and a lawn bowling park are the main attractions here; and there’s a buzz of excitement and discussion about the removal of the bus barn. New affordable housing initiatives, commercial development and a public park are part of the City of Saskatoon’s plans to get the South Caswell Concept Plan completed.
In 2015, the City of Saskatoon Neighbourhood Profiles Report states that the percentage of home-ownership was at 63.3%. With Sask Polytechnic closeby, students renting accommodations likely make up a good chunk of the rental population; making investment property a sought after acquisition in Caswell Hill.
Long-Established & Popular Business for Sale! Rare opportunity to acquire Tsui King Lau, a well-known, fully licensed restaurant in Saskatoon with over 30 years of successful operation. Suitable for a wide range of cuisines – Indian, Filipino, Chinese, Western, Vietnamese, and more. New Kitchen Equipment in 2025; Extensive renovations completed in 2023–2024, including modern bar and wine display; Approx. 100 seats with loyal clientele (70% local, 30% Asian/Chinese); High-end commercial kitchen plus extra space for walk-in cooler or freezer ; Liquor license in place; potential to add VLTs for additional income ; Ample parking spaces; Approx. $5,500/month rent (includes occupancy costs) Current lease ends on April 30th 2029; Business-only sale – no real estate included
Listing Area:
Saskatoon
Listing Subarea:
Caswell Hill
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1980
(Age: 46)
Total Floor Area:
3,000 sq. ft.279 m2
Ownership Title:
Leasehold
Business Type:
Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Trade Name
Data was last updated September 21, 2026 at 03:35 AM (UTC)
Area Statistics
Listings on market:
84
Avg list price:
$297,400
Min list price:
$25,000
Max list price:
$7,880,000
Avg days on market:
103
Min days on market:
2
Max days on market:
365
Avg price per sq.ft.:
$116.22
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.