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517 120 23rd STREET E
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Welcome to Unit 517 at the iconic 2nd Avenue Lofts, a penthouse loft offering a unique blend of industrial style and modern urban living in the heart of downtown Saskatoon. Featuring soaring 18-foot ceilings, polished concrete floors throughout, and a dramatic wall of full-height windows, this home is flooded with natural light and showcases spectacular west-facing views with stunning sunsets from the private balcony. Central air conditioning provides comfort throughout the warmer months, creating the perfect balance of style and functionality. The open-concept layout offers flexibility for entertaining, relaxing, or working from home while embracing the character and charm that loft living is known for. A rare bonus is the underground parking stall equipped with a vehicle lift, allowing accommodation for two vehicles in a single parking space. Condo fees include heat, power, and water, leaving only internet and cable for the owner to arrange. Residents enjoy access to excellent building amenities including underground parking, fitness facilities with both weight and cardio rooms, a games room, meeting room, secure bike storage, and additional storage available for rent. The impressive third-floor rooftop terrace provides a fantastic outdoor gathering space complete with BBQs, patio furniture, and seating areas. Ideally located on 2nd Avenue in downtown Saskatoon, you'll be within walking distance of the Meewasin River trails, restaurants, cafés, shopping, entertainment, and only minutes from the University of Saskatchewan. Experience one of Saskatoon's most distinctive urban living opportunities. Check out the virtual tour and book your private showing today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14'10" x 15'3" | |
| Kitchen/Dining room | 14'10" x 15'5" | |
| Den | 14'9" x 25'7" |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 14'9" x 25'7" | |
| Bedroom | 14'11" x 12'3" | |
| Laundry room | — |
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 Jun 3, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
1.1 km away
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1.2 km away
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1.4 km away
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140 m away
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Kabuli Authentic Afghan Cuisine & Café
325 3rd Ave N, Saskatoon, SK S7K 2H9, Canada
4.9★ · 237 reviews
300 m away
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550 m away
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Hussaini Association of Saskatoon Mosque
702 Windsor St, Saskatoon, SK S7K 0Y9, Canada
4.7★ · 38 reviews
2.2 km away
straight-line
Islamic Association of Saskatchewan (IAS)
222 Copland Crescent, Saskatoon, SK S7H 2Z5, Canada
4.7★ · 154 reviews
2.6 km away
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2.9 km away
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310 21st St E, Saskatoon, SK S7K 1M7, Canada
420 m away
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204 30 St W, Saskatoon, SK S7L 0N9, Canada
1.1 km away
straight-line
411 Avenue J N, Saskatoon, SK S7L 2K4, Canada
1.5 km away
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