Stonebridge Saskatoon Townhouses and Condos for Sale
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Stonebridge Saskatoon; A brief history
Stonebridge is a mostly residential neighbourhood located in south-central Saskatoon, Saskatchewan, Canada. It is a suburban subdivision, consisting of low-density, single detached dwellings and a mix of medium-density apartment and semi-detached dwellings. As of 2009, the area is home to 994 residents. The neighbourhood is considered a middle-income area, with an average family income of $67,642, an average dwelling value of $321,004 and a home ownership rate of 72.4%. According to MLS data, the average sale price of a home as of 2013 was $380,777.
The first development in the area occurred with the purchase of land in 1976 by the University Drive Alliance Church. The congregation moved into their newly built facility, Circle Drive Alliance Church, in November 1979. Two adjacent buildings, a personal care home and senior citizens’ home, were completed in 1986.
The city formally annexed the land in the 1980s., though some of the northern portions of the community closest to Circle Drive were actually annexed much earlier: 1959 for lands east of Preston Avenue, and 1966 for lands to the west. However, development did not begin until 2005, with the construction of the Stonegate Shopping Centre.
Stonegate’s development was tied to the construction of an overpass at Clarence Avenue South over Circle Drive. Home building began at about the same time as the Stonegate construction. The Clarence Avenue interchange was completed and opened to traffic on November 20, 2007. Another interchange at Preston Avenue was constructed as part of the South Circle Drive project.
The neighbourhood reached full buildout in late 2015, nearly seven years ahead of schedule. A limited access (southbound-in; northbound-out) interchange linking Highway 11 and Circle Drive with Vic Boulevard, opened in 2017, adding another point of entrance and egress for Stonebridge. en.wikipedia.org · Text under CC-BY-SA license