Key Local Market Information- A Great Place to Invest!

Location, Youthful and Growing Population, Demand for Local Services and Employment Opportunities with new areas for Development are all making Martensville one of the Prairie's hottest markets for Investment.

Learn more about why entrepreneurs and investors should make Martensville their home for business!

Great Location

Martensville is located in the Saskatchewan's most prosperous economic regions, minutes away from Saskatchewan’s largest city and 15 minutes away from the province’s largest airport, John G. Diefenbaker Airport.

The City sits along the busy Highway 12, one of Saskatchewan’s busiest highways with a daily traffic count of over 15,000 vehicles, adding to the success of our retail businesses.  The new Highway 12 Overpass has improved access and safety of residents and visitors been a key feature of the growing transportation infrastructure in the area. 

Martensville is within 30 minutes of intermodal transport of the country’s two major rail lines and over 150 trucking and freight companies.

Our location enables easy access to the Yellowhead Highway which connects Saskatoon to major Western Canadian Markets.

High Demand For Local Services 

Martensville’s growth has resulted in a high demand for local services. In 2010 the City conducted a study to examine the market for new services in the community, the opportunities to expand existing local services, and future requirements in existing commercial areas. 

In 2013 the Retail Services Survey asked residents about their shopping behaviours and preferences for additional business development, retail and healthcare services in Martensville.  The studies found an overwhelming desire by residents to see an increase in local services. Also, Martensville should continue to facilitate the development of commercial areas.

Young, Affluent, Educated Population

Recognized as one of the fastest growing centres in Western Canada, Martensville quickly transitioned to a village in 1960's to Saskatchewan's 14th City in 2009.  Population growth has increased the capacity for local service and business growth.  Of the nearly 10,000 people living in Martensville, one of the most unique features is that 75% of our population is under the age of 45.  This feature represents households that are active, consumers,  in the workforce and desire to see an increase of services near where one lives.

Population Increase-Statistics Canada

Martensville has one of the highest median household incomes of all Saskatchewan cities.

Martensville Construction Activity

In the last decade, fast and steady population growth resulted in new neighbourhoods with new and modern homes. From 2006 to 2012,  1,400 new single family and multi-family units were built in Martensville.  Commercial permits have also seen substantial increases with 2015 being a record year.

For additional details on current and historical building permit statistics please visit our Building and Permits Section in this website 

Almost 40% of the population has a university or college degree – Martensville has one of the highest  educated populations in the province.

Residential Real Estate

Lake Vista is Martensville’s newest neighbourhood. Located adjacent to 10th Avenue North and Main Street, Lake Vista is being developed by North Ridge Developments. It’s the largest subdivision ever untaken in our City’s history; when fully built out it will accommodate up to 1,100 units and up to 3,000 additional residents. The area will also feature 11 acres of commercial land, and is home to two new elementary schools. For more information on building or developing in Lake Vista contact North Ridge Developments.

Martens Estates is entering its eighth phase and is located in east Martensville along the newly improved 10th Ave S. and 4th St S. The neighbourhood features a variety of living options and  lots are available.

Commercial Lease Space

We’ve increased our inventory of commercial land and lease space in the community to enable new business ventures to start up and expand. Please contact us to discuss your land or space needs.

The following real estate brokers may also have commercial land available in Martensville.

Commercial Land

Black Iron Crossing

Located along Martensville’s business corridor on Centennial Drive and Highway 12, Black Iron crossing is visible to over 15,000 vehicles passing by every day. The site is zoned for retail and highway commercial, and so far the response from regional and national retailers has been strong. Tim Horton’s, Pharmasave, McDonalds, Saskatoon Co-op, Canadian Tire, Mark's and Dollarama. Oak Centre RV Mall, Saskatchewan’s first RV Mall is also located along Black Iron Crossing, along with Great Canadian Oil Change and Speedy Collision.

For more information on commercial space at Black Iron Crossing, please contact ICR Commercial Real Estate or North Prairie Developments

Lake Vista Common

Located in our newest subdivision which will soon be home to 3,000 residents, the Lake Vista Commercial site offers 11 acres of space for commercial development. The Commercial area is located on the corner of the newly paved and improved 10th Ave and busy Main Street and will have pedestrian access.

For information on Lake Vista Common, please contact Colliers International or North Ridge Developments Land Division.

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