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159 University Ave, St. John's, NL

Name: 159 University Ave, For Sale in St. John's - eXp Realty
Brand: RE/MAX Infinity Realty Inc. - Sheraton Hotel
SKU: 1299123
Price: 449900 CAD

House

For Sale

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820

MLS® 1299123

Key Facts
Description
Rooms
Map

Key Facts

Type Duplex

Levels Residential

Size 2528 sqft

Garage

Taxes $2,963

Days Active 0

Lot Size

Approx. Age 1963

Avg. Price Per Sqft $177

MLS® Number 1299123

Property Address: 159 University Ave, St. John's, NL, A1B1Z6

Average square foot calculated using Size range provided by listing agent.

Description

This registered two-apartment property offers an exceptional opportunity in one of the city’s most sought-after rental locations, ideally situated next to Memorial University, Prince of Wales Collegiate, the Health Sciences Centre, shopping, recreation, major amenities and bus route in front. Featuring a total of eight bedrooms, the home is configured into two spacious four-bedroom units, each complete with its own kitchen, living room, four-piece bathroom, and in-unit laundry facilities. The property currently generates $4, 600 in monthly rental income, with each bedroom renting for $575 (with potential of higher) and one room presently vacant, providing immediate income potential with room for further growth. Its prime location makes it highly attractive to students, healthcare professionals, and long-term tenants alike. Extensively renovated from the studs in 2015, the property underwent a comprehensive transformation including all new electrical and plumbing systems, new interior wall framing, kitchens, bathrooms, flooring, insulation, appliances, and the installation of two HRV units. Significant attention was also given to safety, efficiency, and tenant comfort with upgraded sound barriers and fire-rated separation between floors. Exterior improvements completed during the renovation included new shingles, windows, siding, and doors. Additional recent upgrades completed in 2025/2026 include a new bathroom vanity, fresh paint, and vinyl flooring in the basement apartment, along with a new front door and hot water tank in the main unit. The property also provides 4 car off street parking. This turn-key income property combines strong rental returns, extensive upgrades, and an unbeatable central location, making it an outstanding addition to any investment portfolio. (id:58753)Show Description

MLS® Number1299123

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1963

Basement

Driveway

Garage Spaces

HeatBaseboard heaters, Electric

A/C

Extras

Price History

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

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