The Terrace
2001 315 5 Ave, Saskatoon, SK S7K 5Z8
Market Overview
Condo Fees
Building Features
Known Issues & Notes
Known Issues (news/court)
[lawsuit_or_court] Condo corporation sued owner for unpaid fees and special assessment; dismissed for lack of proof bylaws were registered; defective transcript led court to allow new trial. (1990-10-25)
SourceManagement
About This Building
The Terrace is a downtown apartment condominium complex located at 2001 315 5 Ave in Saskatoon's Central Business District, built in 1980. The building offers residents impressive amenities including an indoor swimming pool, hot tub, sauna, rooftop terrace and BBQ area. Its prime location places it within 800 metres of 15 restaurants, 8 cafes, 10 parks and 31 bus stops, making it highly walkable with a walkability index of 70. Units feature river and downtown skyline views, in-suite laundry and underground parking. Before committing to purchase, prospective buyers should have the reserve fund study, financial statements, board minutes, bylaws and insurance documents professionally reviewed to understand the building's financial health and governance.