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902 405 5th AVENUE
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Welcome to this beautifully renovated two-bedroom, one-bathroom condo in the highly desirable City Park neighbourhood of Saskatoon. Ideally located near the University of Saskatchewan, City Hospital, the river valley, scenic walking trails, and downtown nightlife, this location delivers an exceptional blend of convenience, lifestyle, and long-term value. Inside, the unit offers a bright and functional layout with tasteful modern renovations throughout, creating a clean and move-in-ready space perfect for professionals, students, first-time buyers, or investors. The private south-facing balcony fills the condo with natural light while offering beautiful city views. A major bonus for buyers: the sellers are willing to pay the upcoming special assessment cash calls of approximately $5,000 scheduled for 2027 and 2029 as part of the sale, creating tremendous value and peace of mind for the next owner. Opportunities like this are rare in competitive condo markets, allowing buyers to move forward without the concern of future assessment costs. This is an excellent opportunity to own in one of Saskatoon’s most sought-after neighbourhoods while benefiting from substantial added value right from day one. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11' x 10' | |
| Bedroom | 10' x 11' | |
| Bedroom | 10' x 9' | |
| 4pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13' x 14' |
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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 May 26, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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