288 Lemarchant Road
St. John's, Newfoundland & Labrador
MLS® 1302983
$288,750
- Status
- Active
- Property type
- House
- MLS® number
- 1302983
- Bedrooms
- 1
- Bathrooms
- 2
- Year built
- 1976
1 / 27Listing description
Mixed-Use Conversion Opportunity – Prime Central Location Unlock the full potential of this ideally located property in central St. John's. Currently configured with a commercial office on the main level and a 1-bedroom apartment above, this property presents a compelling opportunity for investors or developers looking to maximize residential income.
The main floor layout includes two office spaces, a half bathroom, and a kitchenette area, offering excellent bones for conversion. With thoughtful renovation, the space could be reimagined into a second residential unit—including the potential to add a full bathroom and repurpose the existing half bath into a pantry or storage space, creating a more functional and modern apartment layout. Upstairs, the existing 1-bedroom apartment provides immediate rental potential or can be updated to align with the new vision for the property.
The building also benefits from rear parking access, a valuable feature for future tenants in this central location. Positioned close to amenities, transit, and downtown access, this property is well-suited for those looking to transform a mixed-use space into a two-unit residential income property. Key Highlights: Strong conversion potential to two residential units Opportunity to add full bath and redesign main level layout Existing 1-bedroom apartment upstairs Rear parking Central, high-demand location A rare value-add opportunity in the heart of the city—bring your vision and capitalize on the possibilities.
Property summary
- MLS® number
- 1302983
- Property type
- Single Family
- Building type
- Two Apartment House
- Square footage
- 1,945 sq ft
- Title
- Freehold
- Land size
- 335sqm
- Built in
- 1976
- Annual property taxes
- $1,840.00
- Days on market
- 6 days
Features & details
- Heating
- Mini-Split
- Flooring
- Hardwood, Laminate, Other
- Appliances
- Refrigerator, Stove, Microwave
- Exterior features
- Vinyl siding
- Architectural style
- 2 Level
What would this home cost you?
Based on the $288,750 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Hanlon Realty, St. John's.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.