Irwin Realty & Associates, Royal LePage Saskatoon Real Estate : Lakewood, Saskatoon

Welcome to the Lakewood Area of Saskatoon

Lakewood Suburban Centre – Saskatoon Neighbourhood Guide

Lakewood Suburban Centre, also known as Lakewood Urban Centre, is a well-established residential and commercial neighbourhood located in southeast Saskatoon. Known for its convenient location, modern condominium developments, and easy access to shopping and recreation, Lakewood offers a comfortable, low-maintenance lifestyle close to many everyday amenities.

Residential development began in the early 2000s, transforming the area into a community featuring townhouse complexes, apartment-style condominiums, commercial services, and recreational green spaces. Unlike many traditional Saskatoon neighbourhoods, Lakewood Suburban Centre is primarily made up of multi-unit residential developments rather than single-family detached homes.

Located near Boychuk Drive and Taylor Street, the neighbourhood provides convenient access to shopping, restaurants, parks, and major transportation routes. Its combination of residential living and nearby amenities makes Lakewood an appealing option for first-time buyers, professionals, and those looking to downsize.

Quick Facts About Lakewood Suburban Centre

Location: Southeast Saskatoon

Development period: Early 2000s through the 2010s

Housing styles: Apartment-style condominiums, townhouses, and multi-level condominium developments

Nearby schools: Lakeridge School, St. Luke School

Major parks: Trounce Pond, Hyde Park

Nearby shopping: Lakewood commercial district, Lakewood Square, Centre Mall

Homes in Lakewood Suburban Centre

Lakewood Suburban Centre offers a variety of condominium and townhouse options, making it an attractive choice for buyers seeking lower-maintenance living in Saskatoon's southeast.

The neighbourhood features apartment-style condominiums, two-storey townhouses, and three-storey townhouse developments. Many properties were constructed during the 2000s and 2010s and offer contemporary layouts, balconies or private outdoor spaces, and designated parking.

Some townhouse developments feature attached garages, while apartment-style condominiums may offer underground or surface parking, depending on the building.

The variety of housing options makes Lakewood appealing to first-time buyers, professionals, investors, and those looking to downsize without giving up convenient access to shopping and recreational amenities.

Parks and Recreation

Lakewood Suburban Centre offers access to green spaces, walking paths, and recreational amenities within the neighbourhood and surrounding communities.

Notable parks and recreational areas include:

• Trounce Pond

• Hyde Park

• Donna Birkmaier Park (nearby in Briarwood)

• Lakewood Civic Centre (nearby in Wildwood)

Trounce Pond provides a scenic setting for neighbourhood walks, while Hyde Park offers extensive green space, walking paths, and opportunities for outdoor recreation.

Residents also enjoy convenient access to the nearby Lakewood Civic Centre, which features an indoor leisure pool, fitness facilities, gymnasium, and recreational programming.

The Cliff Wright Branch Library, located within the Lakewood Civic Centre, provides additional community resources and services.

Schools Serving Lakewood Suburban Centre

Although there are no elementary or secondary schools located directly within Lakewood Suburban Centre, families have access to schools in neighbouring communities.

Public School

• Lakeridge School

Catholic School

• St. Luke School

Both schools are located in the nearby Lakeridge neighbourhood and offer elementary programming.

Families should confirm current school attendance boundaries and program availability with the appropriate school division.

Shopping and Amenities

One of Lakewood Suburban Centre's most convenient features is its concentration of shopping, restaurants, and everyday services.

The neighbourhood's commercial areas, including Lakewood Square and the retail developments along Herold Road and Slimmon Road, offer grocery shopping, restaurants, cafés, pharmacies, medical services, and a variety of other businesses.

Additional shopping and services are available nearby along 8th Street, at Centre Mall, and in the growing Rosewood commercial district.

With many amenities located within walking distance of residential developments, Lakewood offers residents the convenience of having everyday essentials close to home.

Location and Accessibility

Lakewood Suburban Centre is located near Boychuk Drive and Taylor Street, with convenient access to major Saskatoon roadways including Circle Drive and Highway 16.

The neighbourhood's southeast location provides convenient connections to downtown Saskatoon, the University of Saskatchewan, and shopping and employment areas throughout the city.

Public transit services and nearby commercial amenities provide additional transportation and shopping options for residents.

Living in Lakewood Suburban Centre

With its combination of condominium living, convenient shopping, nearby recreational facilities, and accessible location, Lakewood Suburban Centre offers a practical and comfortable lifestyle in Saskatoon's southeast.

The neighbourhood is particularly appealing to buyers seeking a lower-maintenance property while remaining close to parks, shopping, restaurants, and everyday services.

Average Home Prices in Lakewood Suburban Centre

Home prices in Lakewood Suburban Centre vary depending on property type, size, condition, and condominium amenities. Apartment-style condominiums generally offer a more affordable entry point, while larger townhouses and multi-level condominium developments may command higher prices.

For current pricing and available properties, explore the homes for sale in Lakewood Suburban Centre using the interactive listings map below.

Irwin & Associate's Featured Lakewood Homes

Homes for Sale in Lakewood S.C., Saskatoon

Reviews of Lakewood

I’m on my third year in Lakewood. I have to drive my kids to another neighborhood for school, as do all of the other families in the area; there are quite a few here, more than what the description seems to let on.

While it IS nice to be near the outskirts of the city (it’s exceptionally cool to hear the coyotes howling!), the bus service is poor (one roughly every half hour in early morning, less during the day), the houses all look the same (it feels like living in a barracks or work camp), and while there is a walking park, the rest of the area is rather barren. The lack of a proper community association means we have to other areas for activities as well.

I can’t see this area ever becoming more than an area that people hunker down in until they can afford to move to a more mature area, with greenery and personality; Lakewood doesn’t seem to be set up to become more than that.

Shane

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.

Jennifer