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Lakewood

Located in the southeast corner of Saskatoon, Lakewood is one of just a small handful of neighbourhoods that have no single-family detached houses. Developed since 2001, the most popular type of housing in this area is the town house condominium. In recent years, a number of apartments have also been constructed, most of them as condominiums.

As is often the case in condominium communities, Lakewood tends to attract higher income earners who appreciate the convenience of being able to lock up and leave with fewer security concerns than one might expect in a detached home. The population is almost entirely adult so there are no schools located in the area.

Trounce Pond provides a beautiful setting as you enter the area. It offers a large green space, walking trails, benches and a wonderful pond that attracts many types of birds.

Circle Drive provides easy access to the University of Saskatchewan campus and downtown Saskatoon. Golfers may appreciate nearby Wildwood Golf Course, a nine-hole minimal course that is just minutes from the area.

Photo Walk of Lakewood

Lakeside Chateau Condominiums over Trounce Pond in Lakewood, SaskatoonEdgewater Condominiums over Trounce Pond in Lakewood, SaskatoonTrounce Pond in Lakewood, SaskatoonTrounce Pond in Lakewood, SaskatoonWelcome to the Lakewood Suburban Centre in SaskatoonExtra Foods in Lakewood, Saskatoon

Population 1,476
Number of households 625
Average persons per household 2.5
Home ownership 88.5%
Average sale price of a residential dwelling (previous year) $221,655
Median sale price of a residential dwelling (previous year) $221,000
Average household income $88,792
Types of homes Houses Condos
Number of sales
0 94
Lowest sale price
- $184,000
Highest sale price
- $281,000
Average sale price
- $221,773
Average sale price over 6 months ending 07/31/2010 $239,383

Discover other great areas by visiting our Saskatoon Neighbourhoods, profiles and price trends page.

Please tell us what you know about this Saskatoon neighbourhood by leaving a comment below.

There's 1 Comment So Far

  • Jennifer
    August 30th, 2009 at 8:56 am

    I’ve lived in Lakewood for years now and I’m always amazed by the difference between what this area looks like from the outside and how it feels to live here. To look at it, you’d think you’d feel crowded and overwhelmed by people. But, it’s just the opposite. We’re on the outside of town. There is so much open space – you can still see the sky clearly at night. There are always people walking their dogs or just exercising. It feels like a community not a commune as it may appear like. It’s great to be walking distance from the grocery store. And there’s surprisingly very little traffic. I love living here and will miss it when we have a family and move away.

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