Queen Elizabeth is a mostly residential neighbourhood located in south-central Saskatoon, Saskatchewan, Canada. It is a suburban subdivision, consisting mostly of low-density, single detached dwellings. As of 2007, the area is home to 2,491 residents. The neighbourhood is considered a middle-income area, with an average family income of $61,904, an a…Queen Elizabeth is a mostly residential neighbourhood located in south-central Saskatoon, Saskatchewan, Canada. It is a suburban subdivision, consisting mostly of low-density, single detached dwellings. As of 2007, the area is home to 2,491 residents. The neighbourhood is considered a middle-income area, with an average family income of $61,904, an average dwelling value of $280,970 and a home ownership rate of 66.9%.