Property Information:

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 kitchen 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. (id:27)

Building Features:

Style: Detached
Building Type: Two Apartment House
Architectural Style: 2 Level
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Fireplace: Yes
Floor Space: 1945 sqft
Flooring Type: Hardwood, Other
Foundation Type: Wood
Heating Type:
Heating Fuel: Oil

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 1
Bathrooms: 2
Half Bathrooms: 1
Access Type: Year-round access
Built in: 1976
Floor Space (approx): 1945 Square Feet
Irregular: Yes
Lot Size: 335sqm
WaterFront Type: Waterfront
Zoning: RES/Comm
Sewer: Municipal sewage system

Rooms:

Bathroom 2nd Level 3 PCS
Other 2nd Level 12x13
Other 2nd Level 16x12
Other 2nd Level 7.5x7.5
Bathroom Main Level Two Piece
Office Main Level 14x19
Office Main Level 14x10
Kitchen Main Level 6x7.5
Porch Main Level 6.5x4.5

Courtesy of: RE/MAX Realty Specialists

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Demographic Information of 288 Lemarchant Road, St John's, Newfoundland & Labrador, A1E 1R2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$97,520.08

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.0 %

High school certificate or equivalent

33.14 %

Apprenticeship trade certificate/diploma

5.25 %

College/non-university certificate

19.17 %

University certificate (below bachelor)

0.22 %

University Degree

22.22 %

Commuter

Travel To Work

By Car

81.37 %

By Public Transit

4.55 %

By Walking

7.31 %

By Bicycle

0.0 %

By Other Methods

6.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.69 %

Houses

81.31 %

288 Lemarchant Road, St John's, Newfoundland & Labrador, A1E 1R2