Welcome to the Varsity View Neighbourhood of Saskatoon
Varsity View is located centrally in the city between Nutana and Grosvenor Park. As one of Saskatoon’s most desirable neighbourhoods, Varsity View offers a central location with close proximity to the University of Saskatchewan and easy access to the South Saskatchewan River, downtown Saskatoon, and the Royal University Hospital. Developed mainly between 1906 and 1980, this “character” neighbourhood is home to approximately 3,600 residents; a large portion of which are University students who rent their homes. Due to the age of the neighbourhood, you will see some newer homes and infill projects in the area.
There are two schools in Varsity View; Bishop Murray High School and Brunskill School and almost 7 acres of green/park space. Area residents enjoy neighbourhood amenities like playgrounds, walking trails, soccer and baseball fields, and outdoor rink and toboggan hill, as well as a tennis court at the Albert Community Centre.
Shopping is conveniently close along 8th Street, as well as at the stores at the corners of Clarence and 12th Street East, and the intersection at Cumberland and College Drive.
Franchised bubble tea business at the U Of S's Place Riel Student Centre food court. This turnkey operation features exclusive on-campus rights for "Asian Bubble Tea," ensuring zero direct competition within the bustling food court. Boasting exceptional operational efficiency, the store requires only 1-2 staff members per shift, significantly minimizing labor costs and maximizing owner-run or investment margins. Current operating hours are optimized for campus life: 9:00 AM – 7:00 PM. The 1,325 sqft space benefits from incredibly low overhead, including a fixed $50/mo waste fee. With a captive audience of 25,000+ students and faculty, this business offers stable daily foot traffic and predictable high-volume sales. Please note the following:
-this store can only serve existing bubble teas, egg waffles and light desserts. The food clause is very specific.
-NO hot food including Chinese foods and other ethnic groups foods CAN NOT be served.
Listing Area:
Saskatoon
Listing Subarea:
Varsity View
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Total Floor Area:
1,325 sq. ft.123 m2
Ownership Title:
Leasehold
Business Type:
Franchise-based Retail Beverage
Elevator:
None
Assets Include:
Equipment & Machinery, Goodwill, Leasehold Improvements, Trade Name
Data was last updated August 29, 2026 at 07:35 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$314,950
Min list price:
$25,000
Max list price:
$7,880,000
Avg days on market:
116
Min days on market:
2
Max days on market:
344
Avg price per sq.ft.:
$123.01
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.