Downtown parking rates in Saskatoon have demonstrated rapid growth over a ten year period, moving from a weighted average of $157/month in 2013 to $243/month (55% increase over 10 years). Underground parking experienced the the sharpest rise over a relatively short period of time, moving from a weighted average of $198/month in 2018 to $287/month in 2023 (44% increase in 5 years).
CWS Q4 2024 Saskatoon CBD Office Marketbeat Report
Saskatoon’s Central Business District office market continues to adapt in 2024, with landlords implementing aggressive strategies to attract tenants despite challenging conditions. These strategies include