Second Avenue Lofts

Property at a Glance

Location: 120 23rd Street East Downtown Saskatoon, Saskatchewan
Building Type: Historic commercial building converted to residential lofts
Original Use: Department store
Current Use: Residential loft condominiums with ground-floor commercial space
Scale: Multi-storey landmark property
Redevelopment: Adaptive reuse with modern residential interiors
Context: Central business district with strong pedestrian and commercial activity

Housed in the former Hudson Bay building in Saskatoon, 2nd Avenue Lofts is a prominent adaptive-reuse project located in Saskatoon’s central business district. Originally developed as a major department store in the early 20th century, the building later evolved through mid-century redevelopment before being reimagined as a residential loft property at the beginning of the 2000s.

The project is widely recognized as a successful example of large-scale downtown conversion, transforming a former retail anchor into contemporary loft residences while retaining its urban presence and street-level commercial potential. The redevelopment introduced modern residential units, improved natural light, and maintained active ground-floor uses that contribute to downtown vitality.

Today, 2nd Avenue Lofts stands as a benchmark for heritage-inspired urban reinvestment in Western Canada, demonstrating how legacy commercial buildings can be repositioned for long-term residential and mixed-use success.