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1604 320 5th AVENUE
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Beds
1
Baths
1
Sqft
733
Year
1968
Type
Single Family
On market
11d
Wake up to sweeping river views from the 16th floor of The View, one of downtown Saskatoon's most recognizable addresses. This beautifully renovated one bedroom condo pairs modern updates with an unbeatable east facing outlook over the South Saskatchewan River and Broadway Bridge, making every morning feel like a getaway. The bright, open layout features luxury vinyl plank flooring, a refreshed kitchen with island, updated 4 piece bath, and in suite laundry, all kept in meticulous condition by the current owners. Currently operating as a high performing Airbnb with strong, consistent revenue (full income statement and utility breakdown available upon request), this unit is equally suited to a first time buyer wanting a turnkey downtown lifestyle or an investor stepping into a proven short term or long term rental with built in cash flow. Condo fees cover heat, water, power, sewer, and full building maintenance, keeping monthly carrying costs simple and predictable, while residents enjoy access to a fitness centre, amenities room, and elevator. A covered surface parking stall is included with the unit, located right beside the front entrance, a rare convenience in this building. Just minutes from the University of Saskatchewan and Royal University Hospital, and steps from the Remai Modern, Meewasin river trails, top restaurants, and everything downtown Saskatoon has to offer, this is the rare unit that checks every box: location, view, condition, and income potential. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17 × 14.6 feet | |
| Bedroom | 10.4 × 16 feet | |
| 4pc Bathroom | x x x | |
| Kitchen | 11 × 14 feet | |
| Laundry room | x x x |
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 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.