Buying or Selling your House in Western Newfoundland and Labrador

157 Lemarchant Road NEW

St. John's, Newfoundland & Labrador

$850,000

Quick Summary

Location
St. John's, Newfoundland & Labrador
Price
$850,000
Building Type
Two Apartment House
Property Type
Single Family
Status
For sale
Area
6000 sqft
Beds
16
Baths
6
Age
n/a
Postal Code
A1C 2H4
MLS®
1297326
Courtesy Of
RE/MAX Realty Specialists
Database ID:66399 DDF Feed ID: 29731699 Latitude: 47.558019 Longitude: -52.720057

Property Description

Positioned close to downtown St John's, this rare and historically significant property presents a unique redevelopment and investment opportunity. Originally constructed in 1892, the building was once two separate homes that were later combined into one expansive residence, resulting in an impressive footprint and a layout that offers remarkable flexibility for future use. The property currently features 16 bedrooms and 5.5 operational bathrooms, making it well-suited for a variety of residential, institutional, or mixed-use applications permitted under its RM zoning designation. The zoning allows for numerous residential and complementary commercial possibilities, subject to municipal approvals, creating strong potential for investors, developers, or organizations seeking a centrally located property with scale and character. A notable feature of the property is its existing life safety infrastructure, including a fire escape system and fire alarm system that is professionally inspected on an annual basis. The property also benefits from a valuable downtown parking lot — an increasingly rare asset in this highly sought-after area of St. John's. While the home is currently in disrepair and will require significant renovation and modernization, its size, history, architectural presence, and location offer exceptional upside potential. Properties of this scale and character rarely come to market, particularly within close proximity to major institutions, downtown amenities, medical services, and transit routes. With vision and restoration, this landmark property could be transformed into a standout residential investment, professional residence, multi-unit development, hospitality concept, student housing opportunity, or other creative mixed-use venture consistent with RM zoning allowances. This is a rare opportunity to restore and reimagine a piece of St. John’s history in one of the city’s most strategic and high-demand locations. (id:47053)

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Building Information

  • Building Type: Two Apartment House
  • 16 Beds
  • 6 Baths
  • 1 Half bathroom
  • Area: 6000 sqft
  • Baseboard heaters
  • Electric Heat
  • Other
  • Flooring: Mixed Flooring
  • Concrete foundation
  • Municipal water

Full Details

MLS® Number:1297326
Ownership Type:Freehold
Price:$850,000
Property Type:Single Family
Transaction Type:For Sale
Zoning Description:RM
More Information Link: https://www.realtor.ca/real-estate/29731699/157-lemarchant-road-st-johns

Size Total:505.0400|under 1/2 acre
Size Total Text:505.0400|under 1/2 acre
Acreage:true
Sewer:Municipal sewage system
Size Irregular:505.04

Bathroom Total:6
Bedrooms Total:16
Appliances:Washer, Dryer
Constructed Date:1892
Exterior Finish:Other
Flooring Type:Mixed Flooring
Foundation Type:Concrete
Half Bath Total:1
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:6000 sqft
Type:Two Apartment House
Utility Water:Municipal water

Level Type Dimensions
Second level Bedroom X 0
Second level Bedroom 19.1 X 11
Second level Bath (# pieces 1-6) 8 X 6
Second level Bedroom 12 X 10
Second level Bedroom 12.2 X 12.8
Second level Bedroom 9.97 X 11.2
Second level Bath (# pieces 1-6) 9.97 X 11.2
Third level Bedroom 12.56 X 12.46
Third level Bedroom 9.32 X 13
Third level Bedroom X 0
Third level Bedroom X 0
Third level Bedroom X 0
Third level Bedroom 12.41 X 12.41
Basement Bath (# pieces 1-6) X 0
Basement Not known X 0
Basement Not known X 0
Main level Bath (# pieces 1-6) 5.6 X 10.8
Main level Kitchen 10.59 X 10.69
Main level Bedroom 14.55 X 10.6
Main level Bedroom 10.6 X 9.9
Main level Bedroom 15.6 X 12.53
Main level Bedroom 17.29 X 12.45
Main level Living room/Dining room 28.87 X 19.04
Listing information last updated on 2026-05-11 13:33:12 -0230
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