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Renanza Realty
For sale

302-304 Water Street

St. John's, Newfoundland & Labrador

MLS® 1301229

$880,000

Status
Active
Property type
Multi-family
MLS® number
1301229
Bedrooms
Bathrooms
Year built

Listing description

Prime Mixed-Use Investment in the Heart of Downtown St. John’s. Discover 302-304 Water Street, a rare opportunity to own a versatile and income-generating property in one of the city’s most iconic and high-traffic areas.

This property features two commercial units on the main level, currently occupied by Hollow Noggin Vape Shop and a restaurant, along with two residential apartments on the upper floors, offering a strong tenant mix and consistent returns. Generating an annual income of approximately $83,000, it provides both stability and long-term growth potential. With rear access to Mahon’s Lane and a direct connection to George Street, the property benefits from exceptional visibility and foot traffic year-round.

Surrounded by established businesses and high-value buildings, 302-304 Water Street is an ideal investment for those looking to expand their portfolio or secure a landmark asset in one of St. John’s most desirable downtown locations.

Property summary

MLS® number
1301229
Property type
Multi-family
Building type
Residential Commercial Mix
Title
Freehold
Annual property taxes
$5,830.00
Days on market
36 days

Features & details

Heating
Electric

What would this home cost you?

Based on the $880,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,094 /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 Century 21 Seller's Choice Inc., 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.