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Reduced $10,000 (3%) from $344,900
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301 12 23rd STREET E
Beds
2
Baths
2
Sqft
932
Year
1911
Type
Single Family
On market
81d
Welcome to the historic Fairbanks building, one of downtown Saskatoon’s most recognizable heritage properties. Originally built in 1911 as the Fairbanks Morse warehouse, the building was thoughtfully converted into unique loft-style condos in 2006. This 2-bed, 2-bath suite is full of historic charm. Tall ceilings and oversized windows fill the open-concept living and kitchen area with natural light. The kitchen features an island, stainless steel appliances, and updated laminate countertops (2025). The primary bedroom offers a spacious layout with a 4-piece ensuite. The second bedroom features an original interior window overlooking the kitchen, a unique architectural detail that reflects the building’s history. A convenient half bath is located near the entrance, and the unit includes in-suite laundry. Hardwood flooring runs throughout the main living areas, with tile in both bathrooms. This condo also includes a rare, fully insulated and heated detached garage (14’ x 21’), along with a private secure storage room (6’2” x 11’10”) located in the basement. Residents can also enjoy the building’s rooftop patio, amenities room, and guest suite available to rent for $40/night. View the virtual tour to explore the full layout. A rare opportunity to own a distinctive loft in one of Saskatoon’s most iconic heritage buildings. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 13'5" x 16'4" | |
| Living room | 14'7" x 14'10" | |
| Primary Bedroom | 9'7" x 16'4" | |
| Bedroom | 12'4" x 13'5" | |
| 4pc Ensuite bath | 7'5" x 8'0" | |
| 2pc Bathroom | 2'9" x 8'4" |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 1, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saskatoon. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.