Central Business District Homes under $500,000

Welcome to the vibrant Central Business District (CBD) of Saskatoon, Saskatchewan, where urban living meets a rich tapestry of culture, commerce, and community. Nestled in the heart of the city, the CBD is not just a hub for business; it’s a lifestyle destination that offers an array of homes under $500,000, making it an ideal choice for first-time buyers, young professionals, and families alike.

Imagine stepping out of your stylish condo or modern townhouse and finding yourself surrounded by an eclectic mix of shops, restaurants, and entertainment venues. The CBD is alive with energy, offering everything from trendy cafes to upscale dining experiences, all just a stone’s throw away. Enjoy leisurely strolls along the picturesque riverbank or immerse yourself in the vibrant arts scene, with galleries and theaters showcasing local talent.

The homes in this bustling district are designed for contemporary living, featuring open floor plans, sleek finishes, and the latest amenities. With prices under $500,000, you can find a space that not only meets your needs but also reflects your personal style. Whether you prefer the charm of a historic building or the sleek lines of new construction, the Central Business District has something for everyone.

Accessibility is another key feature of the CBD, with excellent public transportation options and proximity to major roadways, making commuting a breeze. Plus, with parks and green spaces nearby, you can enjoy the best of both urban and natural living.

Discover your dream home in Saskatoon’s Central Business District, where convenience, culture, and community come together in perfect harmony. Your urban oasis awaits!

Newest Central Business District Homes under $500,000

$339,900

1 Beds ⋅ 2 Baths ⋅ SK052064 MLS® #

Spectacular River Views from the 21st Floor! Welcome to this incredible riverfront condo offering breathtaking views of the river, bridges, and park! This fully furnished suite offers nearly 1,000 sq. ft. of living space, 2 bathrooms, and a bright, spacious open floor plan with generously sized rooms and an abundance of natural light. The huge living room provides plenty of space to relax and enjoy the views, while the functional kitchen features ample cabinetry and opens to a bright dining area. The spacious primary bedroom offers beautiful river views, two closets, and a full ensuite bathroom. Additional features include in-suite laundry, central air conditioning, underground parking, a storage locker, and all appliances. Condo fees conveniently include heat, water, internet, and a cable package. This fantastic concrete building offers an impressive lobby, elevators, an indoor swimming pool with waterslide, exercise room, and pet-friendly living. Ideally situated just steps from the river, scenic walking trails, parks, and festival sites, and within walking distance to the University of Saskatchewan. Whether you're looking for a comfortable place to call home, downsizing, investing, or envisioning a renovation to make it your own, this riverfront condo offers an exceptional opportunity in a fabulous location!

424 Spadina Cres E Unit 2160, Saskatoon

Listing courtesy of RE/MAX Saskatoon.

$355,000

2 Beds ⋅ 3 Baths ⋅ SK051749 MLS® #

***Welcome to a truly unparalleled downtown lifestyle at The Terrace** Offering an incredibly rare two-story floorplan, this expansive 1,690 sq. ft. condominium is a standout property in the heart of Saskatoon. The moment you step inside, you are greeted by spectacular floor-to-ceiling windows that flood the living spaces with natural light, creating a vibrant, airy atmosphere that is ideal for both relaxing and entertaining. The kitchen boasts modern appliances, while the unique two-story layout perfectly separates the main gathering areas from your private living quarters—providing a spacious, home-like feel rarely found in urban high-rises. One of the greatest benefits of life at The Terrace is the exceptional value and worry-free living, as condo fees include utilities, right down to the power. The well-managed building also boasts a resort-like collection of amenities to enjoy year-round. Residents have exclusive access to an indoor swimming pool, sauna, and a recreation lounge. Outdoor spaces include a fantastic 4th-floor patio equipped with several BBQs, plus a spectacular rooftop terrace offering sweeping views of the city skyline and the South Saskatchewan River. Step outside and you are instantly connected to the best of the city. You are within walking distance of the University of Saskatchewan, City Hospital, Royal University Hospital, and the vibrant shops and restaurants of downtown. The scenic riverbank and Meewasin Valley trails are also just steps from your door. If you are seeking a sophisticated, low-maintenance urban retreat with exceptional space and amenities, this rare property is ready for its next chapter. Book your private viewing today!

315 5th Ave N Unit 1103, Saskatoon

Listing courtesy of Realty ONE Group Dynamic.

$159,900

1 Beds ⋅ 1 Baths ⋅ SK050655 MLS® #

Welcome to downtown living at its best! This spacious 1-bedroom, open-concept condominium is located in the heart of downtown Saskatoon and offers stunning views from the sixth-floor balcony. Large windows fill the home with an abundance of natural sunlight, creating a bright and welcoming atmosphere. The unit features convenient in-suite laundry and a built-in dishwasher, making everyday living easy and comfortable. The Hallmark offers an impressive selection of amenities for residents, including a racquetball/squash court, gym, and games area. For added convenience, the lobby features a confectionery and hair salon right in the building. Whether you're looking for your first home, a downtown lifestyle, or an opportunity to personalize a space to suit your needs, this condo offers plenty of possibilities. Come see the potential and make this bright downtown condo your new home!

311 6th Ave Unit 601, Saskatoon

Listing courtesy of Universal Realty Ltd..

$314,000

2 Beds ⋅ 2 Baths ⋅ SK050505 MLS® #

Welcome to 315 5th Ave N, “The Terrace” apartment complex, located in Saskatoon’s convenient Central Business District. This updated unit is situated on the 17th floor with east-facing floor-to-ceiling windows, offering beautiful views of the river and downtown scenery. The complex features an indoor pool area with sauna and hot tub, lounge area, outdoor BBQ area, amenities room, and a guest suite for visitors. This two-bedroom, two-bathroom, 1,076 sq. ft. unit has been updated throughout the years, with the majority of improvements completed in 2018. Updates include granite kitchen countertops, Samsung stainless steel appliances, vinyl plank flooring, paint throughout, bathroom vanities, and motorized blinds in the living room. The location offers excellent convenience with easy access to downtown shops, restaurants, entertainment, and everyday amenities. Enjoy being just steps from the riverbank, Meewasin Valley walking and biking trails, parks, and some of Saskatoon’s best scenery. With downtown living, great building amenities, and impressive 17th-floor views, this unit offers a fantastic combination of location, convenience, and lifestyle. Condo fees include utilities except wifi. Call your Realtor today and book a private viewing!

315 5th Ave N Unit 1702, Saskatoon

Listing courtesy of RE/MAX Saskatoon.

$220,000

1 Beds ⋅ 1 Baths ⋅ SK050376 MLS® #

Welcome to 801-311 6th Avenue North in Hallmark Place, where modern comfort meets convenient downtown living. This beautifully renovated 1-bedroom, 1-bathroom and Fully Furnished condo offers a move-in-ready opportunity in the heart of Saskatoon . The bright and functional interior features durable laminate flooring throughout, along with a stylishly upgraded kitchen showcasing custom cabinetry and elegant granite countertops. The modern 4-piece bathroom includes a relaxing soaker tub, while the spacious primary bedroom provides plenty of room for comfortable living. Enjoy the convenience of in-suite laundry and step outside onto the large balcony, offering impressive city views and a clear view of your electrified parking stall. Residents of Hallmark Place also have access to fantastic amenities, including a fitness Area, games room, and squash court. Ideally located within walking distance of downtown restaurants, shopping, entertainment, and the beautiful river valley. Quick possession is available. Book your private viewing today and experience downtown living at its best!

311 6th Ave N Unit 801, Saskatoon

Listing courtesy of RE/MAX Saskatoon.

$224,900

2 Beds ⋅ 2 Baths ⋅ SK050168 MLS® #

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!

315 5th Ave N Unit 1405, Saskatoon

Listing courtesy of Century 21 Fusion.

$374,900

1 Beds ⋅ 2 Baths ⋅ SK049721 MLS® #

One-of-a-kind loft living in the heart of downtown! This top-floor unit in the sought-after 2nd Avenue Lofts offers a unique blend of character, style, and convenience, complete with a private balcony and air conditioning. The spacious main level features an open-concept layout with a bright living room, kitchen with dine-in island, and a convenient 2-piece bathroom. Upstairs, the lofted bedroom offers plenty of space along with a 4-piece bathroom and laundry. The unit also includes a built-in dresser, adding an extra touch of functionality and style. Concrete flooring throughout gives the space a modern, industrial feel. This unit is in excellent condition and is truly move-in ready. Condo fees are $508/month and include all utilities. Residents also enjoy access to an exercise room, rooftop patio, meeting room, and underground parking. Ready for a quick possession. Experience the best of downtown living, combining the character of a unique loft with the convenience of maintenance-free condo living.

120 23rd St E Unit 530, Saskatoon

Listing courtesy of Barry Chilliak Realty Inc..

$439,900

2 Beds ⋅ 2 Baths ⋅ SK049489 MLS® #

A unit that stands out! TWO UNDERGROUND PARKING STALLS and FULLY FURNISHED! This well-maintained 2-bedroom, 2-bathroom condo offers a bright and spacious layout designed for easy living. The modern kitchen features an eat-up island, abundant cabinetry, and plenty of workspace, flowing seamlessly into the generous dining area. Step outside to the covered balcony, complete with a gas BBQ hookup, and enjoy stunning views of the downtown skyline and the South Saskatchewan River. The living room is filled with natural light thanks to its large windows, creating a warm and inviting atmosphere throughout. The primary suite offers a walk-in closet and a private 3-piece ensuite with a walk-in shower. A second bedroom and a full 4-piece bathroom provide comfortable accommodations for guests or family. You'll also appreciate the dedicated laundry room, which offers valuable additional storage space. This unit includes two underground parking stalls located on the third level of the parkade, providing convenient access to the unit by foot or elevator, along with a separate storage room. Residents enjoy a well-kept building featuring excellent amenities, including a fully equipped fitness centre, amenities room, and guest suites available for visiting family and friends. An exceptional opportunity to enjoy carefree condo living with breathtaking river and city views in a prime location.

902 Spadina Cres E Unit 409, Saskatoon

Listing courtesy of Boyes Group Realty Inc..

$374,900

2 Beds ⋅ 2 Baths ⋅ SK049061 MLS® #

The well-designed kitchen features stainless steel appliances, ample cabinetry, and a functional layout that keeps you connected to the main living areas. The spacious primary suite serves as a peaceful retreat, complete with a beautifully updated ensuite featuring a luxurious tiled steam shower for a true spa-like experience. A generously sized second bedroom and convenient two-piece bathroom complete the home. Life at the Renaissance means more than just an exceptional condo—it offers an unmatched lifestyle. Residents enjoy access to premium amenities including an indoor pool with waterslide, hot tub, fitness centre, restaurant, and pub, all conveniently located within the building. 1 Secure Heated Underground parking included. Complex is situated just steps from the South Saskatchewan River, Meewasin trails, downtown restaurants, shopping, theatres, and entertainment, this is an outstanding opportunity to enjoy maintenance-free living in one of Saskatoon's most sought-after condominium communities.

424 Spadina Cres E Unit 680, Saskatoon

Listing courtesy of RE/MAX Saskatoon.

$224,900

2 Beds ⋅ 1 Baths ⋅ SK047938 MLS® #

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!

320 5th Ave N Unit 408, Saskatoon

Listing courtesy of Real Broker SK Ltd..

$249,900

2 Beds ⋅ 1 Baths ⋅ SK047802 MLS® #

Welcome to The View, a 16th-floor, two-bedroom downtown condo offering stunning skyline views. This unit has been completely renovated and features a beautiful maple kitchen with granite countertops, stainless steel appliances, and a built-in dishwasher. The spacious living room provides plenty of room to relax and opens onto a private balcony through patio doors. The eating area features a lighted ceiling fan, while French doors lead into a versatile flex room that could be used as a second bedroom, home office, or den. The four-piece bathroom has also been updated with a maple vanity, undermount sink, and granite countertop. One parking stall is included. This property also makes an excellent rental property as it has been previously rented for $2,050 a month! Residents also have access to excellent building amenities, including a rooftop deck with great views, a private function room, and an exercise room. With its central downtown location, modern updates, and flexible living space, this condo is a great opportunity for comfortable urban living.

320 5th Ave N Unit 1601, Saskatoon

Listing courtesy of Coldwell Banker Signature.

$419,900

1 Beds ⋅ 1 Baths ⋅ SK047473 MLS® #

Experience elevated downtown living at No. 1 River Landing, one of Saskatoon’s most sought-after high-rise residences in the heart of the Central Business District. This stylish 1-bedroom residence with a dedicated den and 1 bathroom offers 592 sq. ft. of thoughtfully designed living space, with floor-to-ceiling windows showcasing stunning views of the South Saskatchewan River, downtown skyline, bridges and surrounding river valley. The versatile den adds valuable bonus space, ideal for a home office, reading area or personal retreat, while the open-concept main living area feels bright, modern and inviting. The contemporary kitchen features stainless steel appliances, including fridge, stove, over-the-range microwave and dishwasher, with a stackable washer and dryer also included for added convenience. Step outside onto your private balcony and take in the ever-changing city and river views—an ideal spot for your morning coffee or evening unwind. One heated underground parking stall is included, a highly desirable feature in the downtown core. Residents also enjoy an impressive collection of onsite amenities, including a fitness/exercise room, lounge, recreation room and elevators. Located just steps from the riverfront and Meewasin Valley trails, you’re surrounded by walking and biking paths, restaurants, cafés, entertainment, nightlife and some of Saskatoon’s most iconic destinations. With the river at your doorstep and the best of downtown just outside, this is urban living at its finest.

490 2nd Ave S Unit 806, Saskatoon

Listing courtesy of Realty Executives Saskatoon.

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The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply. The Saskatoon Region Association of REALTORS® (SRAR) IDX Reciprocity listings are displayed in accordance with SRAR's MLS® Data Access Agreement and are copyright of the Saskatoon Region Association of REALTORS®. MLS® System data of the Saskatoon Region Association of REALTORS® displayed on this site is refreshed every 5 minutes.

Central Business District Homes under $500,000

Newest Central Business District Homes under $500,000

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How much is your home worth?