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.

$324,900
3 Beds ⋅ 2 Baths ⋅ SK047978 MLS® #
Welcome to this beautifully maintained 3-bedroom, 2-bathroom townhouse condo in the highly desirable Lakewood neighborhood! Offering a fantastic combination of comfort, convenience, and affordability, this move-in-ready home is ideally located just steps from shopping, grocery stores, restaurants, walking paths, parks, and a dog park. The main floor features a spacious, naturally bright living room that creates a warm and inviting space for relaxing or entertaining. The bright kitchen and dining area overlook the south-facing patio, offering direct access to your private outdoor space—perfect for summer BBQs, morning coffee, or enjoying the sunshine. A convenient 2-piece bathroom completes the main level. Upstairs, you’ll find three generously sized bedrooms and a full 4-piece bathroom, providing comfortable living space for the whole family. The fully developed basement adds even more versatility with a large family room/great room, games area, laundry room, utility room, and plenty of storage. Additional features include central air conditioning for year-round comfort and convenience. TWO PARKING STALLS ARE LOCATED DIRECTLY IN FRONT OF THE UNIT, WITH AMPLE VISITOR AND STREET PARKING AVAILABLE FOR GUESTS. An excellent opportunity for first-time buyers, young families, or anyone seeking affordable, low-maintenance living in one of Saskatoon’s most desirable communities. Don’t miss this opportunity—book your private showing today!

135 Pawlychenko Ln Unit 15, Saskatoon

Listing courtesy of eXp Realty.

$299,900
3 Beds ⋅ 2 Baths ⋅ SK047489 MLS® #
Welcome to #13, 102 Pawlychenko Lane! This well maintained 3 bedroom, 2 bathroom townhouse is located in the desirable Lakewood Suburban Centre, close to parks, walking paths, schools, shopping, restaurants, and all amenities. Backing onto green space with no neighbours behind, you’ll enjoy added privacy and a peaceful outdoor setting. The bright, clean main floor offers comfortable living space with easy access to the rear patio, perfect for relaxing or enjoying a summer BBQ. Upstairs you’ll find three bedrooms and a full bathroom, while the main floor includes a convenient 2 piece powder room. The unfinished basement provides laundry, mechanical, and plenty of storage space, with the opportunity to finish it to suit your needs. Two dedicated parking stalls are included. A great opportunity for first time buyers, young families, or investors looking for a move in ready home in a convenient location.

102 Pawlychenko Ln Unit 13, Saskatoon

Listing courtesy of LPT Realty.

$319,900
2 Beds ⋅ 2 Baths ⋅ SK046016 MLS® #
IMACCULATE townhouse conveniently located in Lakewood! 2 PARKING STALLS!! Walking distance to grocery store, restaurants, park, walking paths and many other establishments. Fully developed with 2 large bedrooms and 2 bathrooms. Bright and roomy living room, well planned out kitchen and dining room with access to a patio. Newer over the range microwave and reverse osmosis system are extra features. Both bedrooms on the 2nd floor offer walk-in closets. Basement is also developed with a family room + a den/flex room separated by French doors. No carpet in this property, Laminate and tile flooring through out. Central air conditioning. 6 appliances included. Perfect starter home or investment property. Must view property!

102 Pawlychenko Ln Unit 30, Saskatoon

Listing courtesy of RE/MAX Saskatoon.

$322,000
3 Beds ⋅ 2 Baths ⋅ SK045044 MLS® #
Welcome to this 3-bedroom, 2-bathroom townhouse in Lakewood, ideally located close to shopping, parks, schools, restaurants, and many other amenities. The main floor offers a functional layout with updated flooring from 2020 and a kitchen featuring newer appliances, including a dishwasher, stove and fridge replaced in 2021 and a new microwave added in 2024. The bathroom vanity was also updated in 2021. Downstairs, the finished basement provides plenty of additional space for a family room, home office, gym, or whatever works best for you. The home also features central air conditioning and central vacuum, adding to the convenience and comfort. Outside, you'll find a deck and two electrified parking spaces located directly in front of the unit. Vacant and ready for immediate possession, this is a great opportunity for a first-time buyer, investor, or anyone looking for a comfortable home in a convenient Lakewood location.

203 Herold Ter Unit 32, Saskatoon

Listing courtesy of eXp Realty.

$275,000
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 Ter Unit 29, Saskatoon

Listing courtesy of Boyes Group Realty Inc..

$53,000
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 Rd Unit 40, Saskatoon

Listing courtesy of L&T Realty Ltd..

$339,900
3 Beds ⋅ 2 Baths ⋅ SK044441 MLS® #
Step into exceptional value and refined comfort with this beautifully presented south-facing corner unit townhouse condo, complete with two dedicated parking stalls directly in front of the unit plus visitor parking next to them—a rare convenience that enhances everyday living. Offering a generous blend of space, natural light, and thoughtful design, this residence features 3 bedrooms, 2 bathrooms, and a fully finished basement with a custom bar, creating an impressive 1,600 sq. ft. of total living space. The main floor welcomes you with a warm, sunlit ambiance and a functional kitchen that flows effortlessly into a comfortable living area—perfect for relaxed evenings or elegant entertaining. Upstairs, three well-proportioned bedrooms provide versatility for family, guests, or a beautifully appointed home office. The finished basement elevates the home’s appeal even further, offering a stylish entertainment zone complete with a bar, plus flexible space ideal for a cozy media room, fitness studio, hobby area, or additional storage. In today’s market, a property offering this level of space, sunlight, and upgraded lifestyle features at such an accessible price point is truly exceptional. This home delivers the comfort and value buyers seek—without compromise. An outstanding opportunity—secure your private viewing and present your offer. Exceptional homes at this price simply do not last.

203 Herold Ter Unit 86, Saskatoon

Listing courtesy of Choice Realty Systems.

$279,888
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 Ln Unit 404, Saskatoon

Listing courtesy of TRCG The Realty Consultants Group.

$275,000
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 Ter Unit 82, Saskatoon

Listing courtesy of 2 Percent Realty Platinum Inc..

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