Lakewood Suburban Centre Real Estate – Living in Lakewood Suburban Centre, Saskatoon

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Overview

Lakewood Suburban Centre is a compact, convenient southeast Saskatoon neighbourhood built around a true “live close to everything” lifestyle. Rather than sprawling single-family streets, it focuses on townhomes and low-rise condos, with everyday services and shopping clustered nearby. If you like the idea of a quieter residential pocket that still feels connected to major routes, Lakewood Suburban Centre is an easy place to settle in.

The area sits in the Lakewood sector and is close to key arteries like Taylor Street and Circle Drive, which keeps commutes and errands simple without the constant bustle you might find in larger commercial districts.

Shopping and restaurants in Lakewood Suburban Centre

For daily essentials, many residents appreciate having groceries and pharmacy options close to home, including Extra Foods and Shoppers Drug Mart. When you want bigger-box convenience and a wider selection of retail, The Centre is a straightforward drive for shopping, services, and casual dining.

When it’s time to grab a bite or meet friends, options nearby include Browns Crafthouse, along with locally run spots like Baghdad Restaurant for Middle Eastern flavours. The best part is that these kinds of everyday stops are close enough to feel like part of your routine, not a special trip across town.

Schools and parks

While Lakewood Suburban Centre itself is smaller and more condo-focused, it benefits from being surrounded by established southeast neighbourhoods with a strong mix of schools, parks, and recreation. For indoor recreation, many locals rely on the nearby Lakewood Civic Centre for swimming, fitness, and programs. 

For green space and trails, Lakewood Park is a local favourite for walking paths and a naturalized setting that feels like a break from the city, even though you’re still right in southeast Saskatoon.

If you’re a library household, the Cliff Wright Library is located right in the civic centre, which makes it easy to stack errands and activities into a single stop.

Homes in Lakewood Suburban Centre

Homes here are primarily townhouses and condominium-style living, which appeals to buyers who want lower exterior maintenance, simpler upkeep, and a layout that fits an active lifestyle. You’ll see a mix of modern townhome complexes and low-rise condo buildings, often with practical floorplans, dedicated parking, and easy access to nearby services. This can be a great fit for first-time buyers, downsizers, or anyone who prefers to spend weekends enjoying the city instead of managing a large yard.

Commuting and location

Lakewood Suburban Centre is well positioned for getting around Saskatoon. With quick access toward Taylor Street and Circle Drive, it’s straightforward to reach major employment areas, shopping districts, and the University side of the city. Many residents also like how easy it is to connect to nearby neighbourhood amenities without needing to cross the entire city for the basics.

Why people choose Lakewood Suburban Centre

Buyers often choose Lakewood Suburban Centre for convenience and efficiency. It offers a lower-maintenance housing style, a practical southeast location, and a comfortable “close to essentials” feel. If you want an easy-to-manage home base with amenities nearby and solid access to main routes, it checks a lot of boxes without overcomplicating the day-to-day.

Lakewood Suburban Centre real estate FAQ

What types of homes are most common in Lakewood Suburban Centre?

Most homes are townhouses and low-rise condominiums, which makes the neighbourhood especially appealing if you want lower-maintenance living and a more “lock-and-leave” lifestyle.

Is Lakewood Suburban Centre a good fit for first-time buyers?

It can be, particularly if you like the idea of condo or townhome living with nearby services. Many buyers appreciate the combination of manageable space and a convenient location.

Are there recreation facilities nearby?

Yes. The Lakewood Civic Centre is close by for swimming and fitness.

What are the condo fees like in this area?

Condo fees vary by building and can depend on what is included, such as heat, water, insurance for common areas, reserve fund contributions, and services like snow removal or landscaping. If you’re looking at a specific complex, we can break down the fee structure and reserve fund details so you know exactly what you’re buying into.

How is the commute from Lakewood Suburban Centre?

Commuting is typically straightforward because the neighbourhood is close to key routes in southeast Saskatoon, making it easier to reach shopping districts, services, and other parts of the city without a complicated drive.

Is Lakewood Suburban Centre walkable for errands?

For many day-to-day needs, yes. It’s common to run quick errands to nearby essentials like Extra Foods and Shoppers Drug Mart, while bigger shopping trips are an easy drive to The Centre.

Nearby neighbourhoods

Buyers also often explore homes in Willowgrove, The Willows, Wildwood, Lakeridge, Briarwood, Rosewood, College Park, and Lakeview.

$349,000
2 Beds ⋅ 2 Baths ⋅ SK042918 MLS® #
TOP FLOOR, CORNER UNIT, 3 UNDERGROUND PARKING STALLS. This 2 bedroom, 2 bathroom condo has been lovingly maintained by the original owner and presented in like-new condition. The open-concept layout is thoughtfully designed with durable laminate and tile flooring throughout the main living areas. The spacious living room features a garden door leading to a covered balcony, the perfect place to enjoy your morning coffee or unwind at the end of the day. The well-appointed kitchen offers an abundance of soft-close cabinetry, quartz countertops, a stylish tile backsplash, upgraded appliances, and an island with seating, making it ideal for both everyday living and entertaining. The adjoining dining and living areas provide a seamless flow for gatherings with family and friends. Both bedrooms are generously sized, including the primary suite, which features a walk-through closet and a private ensuite with a large walk-in shower. A second full bathroom and convenient in-suite laundry add to the home's functionality. Additional highlights include central air conditioning, underground storage, and the rare bonus of three underground parking stalls. The unit enjoys a quiet location within the building and is conveniently situated close to the elevator for easy access. This well-managed building offers keyless entry, an elevator, a guest suite, fitness room, visitor parking, and is pet friendly. Located within walking distance of grocery stores, restaurants, parks, walking trails, schools, and a wide range of amenities, this outstanding condo offers a low-maintenance lifestyle in one of Saskatoon's most convenient and sought-after neighbourhoods.

142 Pawlychenko Lane Unit 314, Saskatoon

Listing courtesy of RE/MAX Saskatoon.

$339,900
2 Beds ⋅ 2 Baths ⋅ SK043558 MLS® #
Welcome to 156-203 Herold Terrace in Lakewood S.C. This very well maintained townhouse backs a beautiful pond and green space (south) and is fully developed. There are two spacious bedrooms with large closets on the second floor. The main floor has a nice sized living room, 2pc bathroom, kitchen and dining area. Updates include newer stainless appliances, nest thermostat with sensor, up/down blinds & curtains throughout, front door & front screen door and deck added. The basement is fully developed with a large family room, storage room, laundry room and utility room. All appliances, window coverings, central air-conditioning and central vacuum included. Unit has been professionally cleaned and carpets shampooed, it's move in ready! Enjoy the convenience of 2 parking spaces directly outside your front door. Immediate possession available. Pet restrictions are a maximum of 2 pets per unit and under a specific height. As your agent for further information. Close to all amenities and transit. Buyer/Buyer's Agent to verify measurements. Call to book your viewing today.

203 Herold Terrace Unit 156, Saskatoon

Listing courtesy of Royal LePage Saskatoon Real Estate.

$330,000
3 Beds ⋅ 2 Baths ⋅ SK043552 MLS® #
Welcome to the one you've been waiting for! This exceptional corner unit is the perfect blend of style, comfort, and convenience. Ideally situated as an end unit, it offers added privacy and an abundance of windows that flood the home with natural light, creating a bright, airy atmosphere you'll love coming home to every day. From the moment you step inside, it's clear this home has been meticulously cared for. Pride of ownership shines throughout, with fresh paint touch-ups, an immaculate original kitchen in outstanding condition, and a brand-new over-the-range microwave installed this year. The open, functional layout is perfect for entertaining friends, enjoying family time, or simply relaxing in a space that feels warm and inviting. Stay comfortable in every season with central air conditioning and the confidence of a professionally serviced and inspected HVAC system. Every detail reflects the care and attention this home has received, making it truly move-in ready. To top it all off, this home includes two dedicated parking stalls, including a highly desirable corner stall for added convenience. Immaculate, move-in ready, and filled with natural light, this outstanding corner unit offers the perfect combination of comfort, privacy, and value. Whether you're a first-time buyer, downsizing, or adding to your investment portfolio, this is an opportunity you won't want to miss!

303 Slimmon Place Unit 312, Saskatoon

Listing courtesy of eXp Realty.

$308,900
3 Beds ⋅ 2 Baths ⋅ SK043212 MLS® #
Welcome to 203 Herold Terrace #50—a stunning 3Bedroom unit nestled in the highly coveted Lakewood community. Overlooking a serene pond and surrounded by scenic walking trails, this townhome offers both tranquility and convenience. Upon entering the main floor, you are greeted by a spacious living area bathed in natural light through oversized windows. The layout flows seamlessly into the kitchen and dining spaces, with large sliding doors that open to a private rear yard—perfect for indoor-outdoor living. A well-appointed 2-piece bathroom completes this level. Upstairs, you'll find three generously sized bedrooms and a full 4-piece bathroom. The primary suite boasts a expansive walk-in closet and large windows that fill the room with sunshine. Location is everything: this home is within easy reach of several elementary schools, close to high schools, and on direct bus routes to the University of Saskatchewan. Grocery stores, restaurants, and everyday essentials are just minutes away, offering the perfect balance of urban accessibility and peaceful retreat. Don't miss this rare opportunity—call your favourite REALTOR® to book your private viewing today!

203 Herold Terrace Unit 50, Saskatoon

Listing courtesy of Royal LePage Varsity.

$285,000
2 Beds ⋅ 2 Baths ⋅ SK042837 MLS® #
Welcome to #29-243 Herold Terrace! Nestled in Saskatoon's desirable east side, this well-maintained 2-bedroom, 2-bathroom townhouse offers the perfect blend of comfort, convenience, and low-maintenance living. The bright and functional layout features an inviting living area, spacious kitchen with ample cabinetry and dining space, and large windows that fill the home with natural light. Upstairs, you'll find two generously sized bedrooms and a full bathroom, while the additional bathroom on the second floor adds convenience for family and guests. Recent upgrades include a new furnace (2024), water heater (2023), washer/dryer (2021). A/C was added in 2016. Whether you're a first-time buyer, young professional, downsizer, or investor, this home checks all the boxes. Enjoy the benefits of townhouse living with minimal upkeep, allowing more time to take advantage of nearby parks, walking paths, shopping, restaurants, and all the amenities of the Lakewood area. With easy access to major roadways and public transit, commuting anywhere in the city is a breeze. Don't miss this opportunity to own an affordable, move-in-ready home in one of Saskatoon's most sought-after east side communities; immediate possession is available.

243 Herold Terrace Unit 29, Saskatoon

Listing courtesy of Boyes Group Realty Inc..

$289,888
2 Beds ⋅ 2 Baths ⋅ SK042681 MLS® #
Wonderful Lakewood Condo! This spacious top floor unit features a bright open floor plan, with a newly painted living room and freshly painted bedrooms, adding a clean and modern touch throughout. Offering two bedrooms and two bathrooms, this home includes a garden door off the living room leading to a covered balcony with a natural gas barbecue hook-up. The spacious kitchen boasts plenty of cabinetry, granite countertops, a pantry, and an eating bar. The primary bedroom features two large closets and a private en-suite . There is also an in-suite laundry room with a full-size washer and dryer. Additional highlights include an underground parking stall with storage, plus a surface parking stall. All appliances are included. This well-maintained complex offers two elevators, video surveillance, key-less entry, a meeting room, guest suite, and exercise room. Contact your agent to book your showing today!

150 Pawlychenko Lane Unit 404, Saskatoon

Listing courtesy of TRCG The Realty Consultants Group.

$285,900
2 Beds ⋅ 2 Baths ⋅ SK042629 MLS® #
Why rent when you can own in one of Saskatoon’s most sought-after communities? Welcome to this inviting two-storey townhouse in the heart of Lakewood, where convenience and lifestyle come together. Featuring two generously sized bedrooms, two bathrooms, beautiful hardwood and tile flooring, and central air conditioning, this home offers a comfortable layout designed for everyday living. Downstairs, the undeveloped basement with roughed-in plumbing for a future bathroom is a blank canvas, giving you the freedom to create the extra living space you’ve always wanted while adding value along the way. Out back, enjoy a quiet, private setting backing onto a berm, while your surface parking stall is conveniently located right out front with guest parking immediately beside it. Step outside and you’ll find yourself just minutes from beautiful parks, walking paths, scenic ponds, the dog park, shopping, restaurants, churches, and virtually every amenity you could ask for. Whether you’re buying your first home, simplifying your lifestyle, or adding a smart investment to your portfolio, this is an opportunity you won’t want to miss. Your next chapter starts here—book your private showing today!

203 Herold Terrace Unit 82, Saskatoon

Listing courtesy of 2 Percent Realty Platinum Inc..

$58,000
SK041260 MLS® #
Excellent turnkey business-asset sale opportunity located at Unit 40, 210 Slimmon Road, within the well-established Lakewood Suburban Centre of Saskatoon. Operating as an established and fully equipped Bubble Tea, Specialty Coffee, and Asian Fusion Snack Cafe, this independent business operates completely free from franchise fees and corporate menu restrictions, offering absolute operational autonomy to the incoming owner. The total leasable building area comprises 1,430 square feet, professionally configured with a 1,327 square foot retail, dining, and service counter area, supplemented by a 103 square foot storage room. The commercial space is situated within a well-maintained steel-frame structure constructed in 2016, featuring fully integrated central air conditioning and a rooftop HVAC unit. This transaction represents a turnkey turnaround opportunity for a hands-on owner-operator or family team to eliminate management overhead, stabilize labour costs, and recapture the established local market. The offering is structured as an asset sale. The sale encompasses the transfer of the established trade name, all leasehold improvements, and all existing on-site inventory, supplies, operational fixtures, equipment, and machinery. A significant majority of the equipment, tools, and appliances were purchased new in 2022, resulting in excellent asset condition, with select premium components remaining entirely unused and in pristine operational state. The current commercial net lease remains active and fully transferable via a standard lease assignment. Furthermore, the formal lease contract contains a 5-year renewal option clause, ensuring long-term operational security and locational continuity at this high-density residential hub. The seller is highly motivated, and the asset package is priced for an immediate, smooth transition.

210 Slimmon Road Unit 40, Saskatoon

Listing courtesy of L&T Realty Ltd..

$290,000
2 Beds ⋅ 2 Baths ⋅ SK040996 MLS® #
Welcome to 118 Pawlychenko Lane #52, this well-maintained townhome offering a functional layout, thoughtful updates, and a convenient location close to shopping, schools, parks, transit routes, and easy access to 8th Street. The attached garage provides year-round convenience, especially during Saskatchewan winters. Located off the attached garage is a finished bonus room that can be adapted to a variety of uses. The second floor offers a practical kitchen and dining area with balcony access, along with a bright and welcoming living room highlighted by large windows and abundant natural light. A convenient 2-piece bathroom completes this level. Upstairs, you'll find two comfortable bedrooms, a well-appointed 4-piece bathroom, and convenient upper-floor laundry. The washer and dryer were both replaced in 2024, offering added value and peace of mind. Move-in ready and thoughtfully maintained, this home is an excellent opportunity for first-time buyers, young professionals, downsizers, or investors seeking comfort, functionality, and affordability in a desirable neighbourhood. Contact your realtor for your private viewing today!

118 Pawlychenko Lane Unit 52, Saskatoon

Listing courtesy of L&T Realty Ltd..

$329,900
3 Beds ⋅ 2 Baths ⋅ SK040289 MLS® #
Welcome to this beautifully maintained 3-bedroom, 2-bathroom townhouse condo in the highly desirable Lakewood neighborhood! Ideally located just steps from shopping, grocery stores, restaurants, walking paths, parks, and a dog park, this home offers the perfect blend of convenience and comfort. The main floor features a spacious living room filled with natural light, creating a warm and inviting atmosphere. The bright kitchen and dining area overlook the south-facing patio, providing access to your private outdoor space—perfect for summer BBQs and relaxing outdoors. A convenient 2-piece bathroom completes the main level. Upstairs, you'll find three generously sized bedrooms and a full 4-piece bathroom. The fully developed basement offers exceptional additional living space with a large family room/great room, games area, laundry room, and utility room with plenty of storage. Central air conditioning and central vacuum are included for added comfort and convenience. This move-in-ready condo comes with two parking stalls directly out front, plus ample visitor and street parking for guests. An excellent opportunity for first-time buyers, young families, or anyone looking for affordable living in one of Saskatoon's most sought-after communities. Book your private showing today!

135 Pawlychenko Lane Unit 15, Saskatoon

Listing courtesy of eXp Realty.

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