Skip to content
Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$1,344 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.