Opportunities like this don’t come around often in Saskatoon’s core neighbourhoods. Sitting on a rare 50-foot wide corner lot just blocks from the river, this property is all about location, flexibility, and future upside. Whether you’re a developer looking for your next project, an investor searching for a holding property, a flipper wanting your next transformation, or a first-time buyer willing to build sweat equity in an unbeatable location — this one deserves a serious look.
The existing 650 sq. ft. home offers two bedrooms, a full bathroom, living room, dining area, kitchen, and an open basement ready for future development. While the home could use updating, the real value here is in the land and the possibilities that come with it. The oversized corner site opens the door for multiple redevelopment strategies — from a potential fourplex build to standalone homes with basement suites, garage suites, or garden suites (buyer to verify options with the city).
In the meantime, the property remains very rentable as a holding asset while future plans come together. And for buyers who value lifestyle as much as investment potential, it’s hard to beat this location. Just a short walk to the river trails, the farmers’ market, downtown, and the heart of the Exhibition area, this is the kind of neighbourhood people move into and rarely want to leave.
Properties with this combination of lot size, corner exposure, walkability, and redevelopment potential are becoming increasingly hard to find.
Listing Area:
Saskatoon
Listing Subarea:
Exhibition
Property Type:
Residential
Property Sub Type:
Detached
Building Type:
House
Home Style:
Raised Bungalow
Year built:
1958
(Age: 68)
Total Floor Area:
650 sq. ft.60.4 m2
Bedrooms:
2
Number of bathrooms:
1.0
Kitchens:
1
Taxes:
$2,386 /
2026
Frontage:
50'15.2 m
Ownership Title:
Freehold
Heating:
Forced Air, Natural Gas
Basement:
Full Basement, Unfinished
Basement Walls:
Concrete
Roof:
Asphalt Shingles
Exterior Finish:
Siding
Fenced
Recreation Usage: No, Separate Basement Entry: Yes
Data was last updated May 22, 2026 at 05:35 PM (UTC)
Area Statistics
Listings on market:
792
Avg list price:
$467,450
Min list price:
$24,999
Max list price:
$2,750,000
Avg days on market:
17
Min days on market:
1
Max days on market:
354
Avg price per sq.ft.:
$353.52
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.
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