Lakeview, Saskatoon: Best for Move-Up Families and Owner-Occupied Buyers Near the Lakewood Centre

Lakeview is an established southeast Saskatoon neighbourhood built around a man-made lake that tends to suit move-up families, owner-occupied buyers, and buyers who want suburban housing with schools and parks close at hand.

Lakeview at a Glance

Lakeview is an established southeast Saskatoon neighbourhood in the Lakewood Suburban Development Area, built mostly between 1981 and 1990 around a man-made lake feature. It may be a strong fit for move-up families, owner-occupied buyers, and buyers who want single-family housing near schools and parks without paying inner-city prices. It may be less suitable for buyers who want the lowest possible entry price in the city, a large rental housing pool, or brand-new construction.

According to the City of Saskatoon neighbourhood profile, Lakeview had a 2025 population of 7,938, a homeownership rate of 73 percent, and an average household size of 2.5. The same profile shows a 2024 dwelling mix of 54 percent single-family dwellings, 12 percent two-unit dwellings, and 34 percent multi-unit housing.

Quick Facts

Category	Lakeview Details
Area of Saskatoon	Southeast Saskatoon, Lakewood Suburban Development Area, within Ward 9
Population	7,938, City of Saskatoon 2025 neighbourhood profile
Homeownership Rate	73 percent owned, 27 percent rented (2021 Census)
Average Household Size	2.5
Main Housing Types	Single-family homes, semi-detached homes, low-rise apartment condos, two-unit housing
Dwelling Mix	54 percent single-family, 12 percent two-unit, 34 percent multi-unit housing (2024)
Neighbourhood Area	199.4 hectares, or 492.6 acres, at 15.4 dwelling units per hectare
Main Parks	Lakeview Park and Lakeview District Park, including the man-made lake feature
Park Space	12.2 hectares, or 30.3 acres, according to the City profile
Schools in the Area	Ecole Lakeview School and St. Bernard School
Nearby Amenities	Lakewood Urban Centre, Centre at Circle and 8th Street, neighbourhood commercial nodes
Transit and Road Access	Saskatoon Transit Route 50 Lakeview/University, access to Circle Drive and Highway 16
Buyer Fit	Move-up families, owner-occupied buyers, and buyers who value an established lake-adjacent setting over the lowest entry price

The City profile includes time-sensitive real estate sales data showing average sale prices by property type in Lakeview. These figures should be treated as historical context, not a current pricing guarantee.

Where Is Lakeview in Saskatoon?

Lakeview sits in the southeast portion of Saskatoon, within the Lakewood Suburban Development Area. Wikipedia describes the neighbourhood as bounded by Taylor Street to the north, Weyakwin Drive and Wollaston Crescent to the east, Highway 16 to the south, and Circle Drive to the west.

For buyers, the location offers useful road access without being central. Circle Drive connects to the rest of Saskatoon’s road network, and Highway 16 gives residents a route out of the city to the southeast. The neighbourhood sits within the wider Lakewood area, adjacent to other southeast Saskatoon neighbourhoods.

Lakeview has a consistent suburban feel built largely during one construction era. Streets are named after Saskatchewan lakes, with the exception of Taylor Street, McKercher Drive, and Stillwater Drive, according to Wikipedia. That naming pattern, combined with the man-made lake at the centre of the neighbourhood, gives Lakeview a distinct identity compared with many other Saskatoon subdivisions.

What Is Lakeview Known For?

Lakeview is known for its man-made lake, a defining feature of the neighbourhood and part of what gives the area its name. Wikipedia notes the land was annexed between 1975 and 1979, with peak home construction between 1981 and 1985, partly on the Sutherland Moraine.

The neighbourhood is also known for its schools. Ecole Lakeview School opened on November 24, 1981, and St. Bernard School opened on April 2, 1982, according to Wikipedia. Both schools remain in the neighbourhood today and anchor much of the community’s family-oriented identity.

Lakeview is known for a fairly uniform housing stock. The City profile shows 61 percent of dwellings were built between 1981 and 1990, which means most homes in the neighbourhood share a similar construction era. That consistency can appeal to buyers who want a more predictable housing stock, though it also means age-related maintenance items tend to show up across the neighbourhood at similar times.

Who Is Lakeview a Good Fit For?

Lakeview fits buyers who want an established, mostly owner-occupied suburban setting with schools, parks, and a lake feature close to home. With a homeownership rate of 73 percent and only 27 percent of households renting in the 2021 Census, Lakeview has a smaller rental pool than many inner-city or multi-unit-heavy Saskatoon neighbourhoods, which lines up with its single-family-dominant housing mix.

The City profile’s 2024 median multiple of 3.67 is below the Saskatoon average of 3.96, which means Lakeview is, by the City’s own affordability measure, a comparatively more affordable neighbourhood relative to local incomes than the city overall, though it remains above the City’s 3.0 affordability threshold. The 2022 median total personal income reported for Lakeview was $48,310, above the citywide figure of $44,650 cited in the same profile.

Families considering Lakeview should know that the average household size of 2.5 and the household structure data, 1,855 one-family households out of 2,810 total households in the 2021 Census, point to a neighbourhood weighted toward family living rather than single-person or shared housing. Ecole Lakeview School (English and French Immersion, kindergarten to grade 8) and St. Bernard School (Catholic, kindergarten to grade 8) are both located in the neighbourhood.

Lakeview may be a better fit for buyers who are comfortable with an established neighbourhood built mostly in one era and want single-family housing, parks, and schools within walking distance. It may be less suitable for buyers who want the newest possible construction, a larger rental selection, or the lowest entry price in the city.

School availability, programs, transportation, and boundaries should always be confirmed directly with Saskatoon Public Schools or Greater Saskatoon Catholic Schools before buying.

Schools And Childcare

Ecole Lakeview School, located at 527 Kingsmere Boulevard, is a Saskatoon Public Schools K-8 school offering English and French Immersion programming. The City neighbourhood profile shows enrolment of 586 students in 2022, 645 in 2023, and 622 in 2024.

St. Bernard School, located at 203 Whiteshore Crescent, is a Greater Saskatoon Catholic Schools K-8 school. The City profile shows enrolment of 249 students in 2022, 249 in 2023, and 292 in 2024.

Buyers with school-aged children should confirm current attendance areas, programs, and busing directly with Saskatoon Public Schools or Greater Saskatoon Catholic Schools before purchasing.

Parks And Outdoor Space

Lakeview has 12.2 hectares, or 30.3 acres, of total park space according to the 2025 City profile, classified as neighbourhood-type park space. Lakeview Park, which backs onto Ecole Lakeview School, is built around the man-made lake that gives the neighbourhood its identity.

The Lakeview Community Association lists an outdoor ice rink at Lakeview Park and organizes leagues for baseball, basketball, flag football, soccer, and softball. The association also offers seasonal adult programming such as art, yoga, and pickleball classes, and runs community events including an annual garage sale.

Daily errands depend on the exact address. The Lakewood Urban Centre to the east and the Centre at Circle and 8th Street are the closest larger commercial areas, with neighbourhood-level commercial nodes inside Lakeview itself.

Housing Types And Price Reality

Lakeview’s housing stock is weighted toward single-family homes. The City’s 2024 dwelling count shows 1,643 single-family dwellings, 378 two-unit dwellings, and 1,040 multi-unit dwellings, for 54 percent single-family, 12 percent two-unit, and 34 percent multi-unit housing, out of 3,061 total dwellings.

The age of housing is concentrated in one period. The City profile’s 2021 Census data shows 61 percent of dwellings built between 1981 and 1990, 28 percent between 1961 and 1980, and only small shares from before 1960 or after 2000. For buyers, that means many homes share similar ages for major systems. Important review items may include roofing, furnace and water heater age, windows, electrical panel capacity, and any past renovation work, particularly for homes from the 1981 to 1990 construction wave.

The City profile’s 2024 real estate sales data shows 86 single-family dwelling sales at an average price of $506,201, 83 low-rise apartment condo sales at an average price of $177,505, 9 semi-detached sales at an average price of $340,778, and 7 semi-detached two-titles sales at an average price of $281,714. No condo townhouse or high-rise apartment condo sales were recorded in that period. These figures are historical context from the City profile, not a current pricing guarantee, and buyers should review current comparable sales before making decisions.

Housing affordability data in the same City profile shows a median multiple of 3.67 in 2024 for Lakeview, compared with 3.96 for Saskatoon overall. The City profile notes that a median multiple of 3.0 or under is rated as affordable, which places Lakeview below the citywide average but still above that affordability threshold. Average owner’s major payments were reported at $1,416 and average gross rent at $1,192 in the 2021 Census data cited in the profile.

The listing price is just the beginning. For a realistic look at the cash a Saskatoon purchase takes, this guide covers what to set aside.

Buying in Lakeview

Lakeview is worth considering if you want an established, mostly owner-occupied southeast Saskatoon neighbourhood with single-family housing, schools, and a man-made lake feature. The City’s housing data shows a tenure profile weighted toward ownership, with 73 percent owned and 27 percent rented in 2021, and a housing stock weighted heavily toward single-family dwellings.

Buyers should pay attention to the age and condition of individual homes, since most of the neighbourhood was built in a fairly narrow window between 1981 and 1990. A well-maintained or updated home can feel very different from one that has not seen major system upgrades since construction.

Best Fit for Buyers Who Want:

• An established, mostly owner-occupied southeast Saskatoon neighbourhood
• Single-family housing as the dominant home type
• A man-made lake and neighbourhood parks close to home
• Two schools, including a French Immersion option, within the neighbourhood
• A median multiple below the Saskatoon citywide average
• Access to Circle Drive and Highway 16

May Not Be the Best Fit for Buyers Who Need:

• The lowest possible entry price in the city
• Brand-new construction rather than a 1980s-era housing stock
• A large rental housing selection
• A high-density, walkable, multi-unit-heavy setting
• Extensive multi-unit or condo inventory to choose from
• A neighbourhood with a wide range of construction eras

Selling in Lakeview

Sellers in Lakeview need to understand what buyers are comparing against. A buyer may also be looking at other established southeast or east Saskatoon family neighbourhoods, depending on budget and how much they prioritize the lake feature and school proximity versus newer construction elsewhere in the city. That means the listing should make the home’s exact fit clear, including proximity to Lakeview Park, the schools, and the specific construction era of the home.

For single-family homes, buyers will likely focus on the age of major systems, given that most of the neighbourhood’s housing stock dates to the 1981 to 1990 period. Roofing, furnace and water heater age, windows, and any updates to electrical or plumbing systems are common points of buyer attention. For low-rise apartment condos, which the City profile shows as an active 2024 sales category, buyers will want to review condo fees, reserve fund information, and building condition.

Sellers should be careful not to overstate the property. In Lakeview, honest positioning works better, particularly around the age of major systems and any updates made since the home was built. A well-priced, accurately described home can attract move-up families and owner-occupied buyers, while overstating condition can create problems during showings and inspections.

Investor Notes for Lakeview

Lakeview is a smaller consideration for investors than some other Saskatoon neighbourhoods, given its 73 percent homeownership rate and a housing mix weighted toward single-family homes rather than rental-friendly multi-unit stock. Still, the City profile’s 2024 sales data shows meaningful volume in low-rise apartment condos, 83 sales at an average price of $177,505, which may interest investors looking for a lower entry point within the neighbourhood.

The City profile’s median multiple of 3.67 in 2024 is below the citywide average of 3.96, which suggests purchase prices in Lakeview are somewhat lower relative to local incomes than in many other Saskatoon neighbourhoods, a factor that can affect yield calculations. The average gross rent figure of $1,192 is 2021 Census data and should be treated as historical context rather than a current market rate.

Investors should not assume every basement or older home can legally or safely be converted to additional units. Zoning, permits, ceiling height, egress, parking, fire separation, electrical capacity, and building-code requirements must all be confirmed directly with the City of Saskatoon. Investor risks in Lakeview include a smaller pool of comparable rental properties, age-related maintenance across a housing stock concentrated in one construction era, and competition from newer southeast Saskatoon neighbourhoods for tenants who want more recent construction.

No current City of Saskatoon planning documents specific to active Lakeview redevelopment proposals were verified as part of this draft; investors should confirm any development or zoning changes directly with the City of Saskatoon before relying on them for investment decisions.

Commute And Daily Convenience

Lakeview has access to Circle Drive and Highway 16, which connect residents to the rest of Saskatoon’s road network and to routes leaving the city to the southeast. The City map shows Lakeview positioned within the Lakewood Suburban Development Area, with Highway 16 forming its southern boundary.

The City profile’s 2021 Census data on mode of travel to work shows that the large majority of Lakeview residents drove, 2,540 as a driver of a car, truck, or van, with smaller numbers as passengers (165), using public transit (80), walking (30), or cycling (10). Saskatoon Transit’s Route 50, Lakeview/University, serves the neighbourhood. Riders should check the current Saskatoon Transit routes and schedules page or the Transit mobile app for the routes and stops serving a specific address, since schedules and routes can change.

For buyers who commute to the university area or downtown, the drive from Lakeview is longer than from more central neighbourhoods, so actual commute times should be tested before buying. For buyers who work in the south or southeast industrial areas, Circle Drive and Highway 16 access may be more convenient.

Winter driving, snow clearing, and parking should be assessed by property. Most homes in Lakeview have attached garages or driveways typical of a 1980s-era suburban subdivision, but buyers should still confirm the specific parking setup when viewing homes.

Safety And Neighbourhood Perception

No independently verified, current crime statistics for Lakeview are cited here, none were available from an official source as part of this draft. What can be said from City and community sources is that Lakeview is an established, mostly owner-occupied, single-family-dominant neighbourhood with a community association, organized sports leagues, and a man-made lake feature, all of which can affect how the neighbourhood is perceived compared with newer or more transient areas. The Lakeview Community Association’s own materials note past graffiti concerns and encourage residents to report suspicious activity to the Saskatoon Police Service, which buyers can treat as one data point among many rather than a complete safety picture. Buyers who weigh safety perception heavily should walk the specific blocks they are considering at different times of day rather than judging the neighbourhood as a whole, and can request current crime statistics from the Saskatoon Police Service directly.

Pros and Cons of Living in Lakeview

Pros	Cons
High homeownership rate of 73 percent	Smaller rental pool than many inner-city or multi-unit-heavy neighbourhoods
Housing stock weighted toward single-family homes	Most homes share a similar age, so maintenance needs may cluster together
Man-made lake and neighbourhood parks as a defining feature	Median multiple of 3.67 is still above the City’s 3.0 affordability threshold
Two schools, including a French Immersion option, within the neighbourhood	Longer commute to downtown or the university area than central neighbourhoods
Below-average median multiple compared with the Saskatoon citywide figure	Limited public transit options compared with more central areas
Active Lakeview Community Association with organized sports leagues	Buyers need to confirm school boundaries and programs directly
Access to Circle Drive and Highway 16	Not as much housing variety as neighbourhoods with a wider range of construction eras

Compared To Nearby Areas

• Wildwood sits nearby in southeast Saskatoon and offers a similarly established, family-oriented setting, which may suit buyers comparing two owner-occupied neighbourhoods from a similar era.
• Lakewood Urban Centre, previously designated Lakewood Suburban Centre by the City of Saskatoon, is adjacent to Lakeview and provides much of the area’s larger-format shopping, which may matter to buyers prioritizing daily convenience alongside residential character.
• Eastview sits closer to downtown and offers an older, more centrally located alternative, which may suit buyers who want a shorter commute at a different price point and housing mix.
• College Park East is another southeast Saskatoon neighbourhood with a comparable suburban feel, which may appeal to buyers cross-shopping similar family-oriented areas.
• Buyers wanting newer construction than Lakeview’s predominantly 1981 to 1990 housing stock would generally need to look toward neighbourhoods built more recently elsewhere in the city.

Best Fit By Buyer Type

Lakeview is worth considering if you want an established, mostly owner-occupied southeast Saskatoon neighbourhood with single-family housing, a man-made lake feature, schools, and a median multiple below the citywide average. It may not be the right fit if you want the lowest possible entry price, brand-new construction, or a large rental housing selection.

For many buyers, the decision comes down to comfort with a housing stock concentrated in one construction era and whether Lakeview’s established character, lake feature, and schools outweigh the trade-offs of a smaller rental pool and a longer commute to the city centre.