Buying or Selling your House in Western Newfoundland and Labrador

16 Mount Royal Avenue NEW

St. John's, Newfoundland & Labrador

$329,000

Quick Summary

Location
St. John's, Newfoundland & Labrador
Price
$329,000
Building Type
Two Apartment House
Property Type
Single Family
Status
For sale
Area
2400 sqft
Beds
7
Baths
3
Age
n/a
Postal Code
A1C 5E4
MLS®
1297540
Courtesy Of
Royal LePage Vision Realty
Database ID:67134 DDF Feed ID: 29810188 Latitude: 47.557914 Longitude: -52.726736

Property Description

Excellent investment opportunity in a central St. John’s location. This 7 bedroom, 2.5 bath two apartment home offers strong income potential with tenants already in place and immediate cash flow from day one. Built in 1991, this property is one of the newer two apartment homes you will find in the center city area, offering a solid option for investors or buyers looking to offset mortgage costs with rental income. The property features all new PEX plumbing and a functional layout with plenty of space across both units. The main unit spans two storeys and includes five bedrooms, one and a half baths, and views of Signal Hill from the primary bedroom. The bright two bedroom basement apartment includes its own laundry and separate living space. Currently generating $2,500/month upstairs and $1,200/month downstairs, this property brings in a total of $3,700/month in rental income. With ample off street parking and a highly desirable location close to downtown, MUN, the Health Sciences Centre, shopping, and major amenities, this property presents a strong opportunity for investors or anyone looking for a reliable income property in a high demand rental area. No conveyance of any written signed offers until 1 pm on Sunday May 31, 2026. All offers are to remain open until 6 pm on Sunday May 31, 2026, as per sellers direction. (id:47053)

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Building Information

  • Building Type: Two Apartment House
  • 7 Beds
  • 3 Baths
  • 1 Half bathroom
  • Area: 2400 sqft
  • Electric Heat
  • Other
  • Flooring: Hardwood, Laminate, Mixed Flooring
  • Concrete foundation
  • Municipal water

Full Details

MLS® Number:1297540
Ownership Type:Freehold
Price:$329,000
Property Type:Single Family
Transaction Type:For Sale
Zoning Description:Residential
More Information Link: https://www.realtor.ca/real-estate/29810188/16-mount-royal-avenue-st-johns

Size Total Text:35 x 97|under 1/2 acre
Landscape Features:Landscaped
Sewer:Municipal sewage system
Size Irregular:35 x 97

Bathroom Total:3
Bedrooms Total:7
Appliances:Refrigerator, Stove
Architectural Style:2 Level
Constructed Date:1991
Exterior Finish:Other
Flooring Type:Hardwood, Laminate, Mixed Flooring
Foundation Type:Concrete
Half Bath Total:1
Heating Fuel:Electric
Size Interior:2400 sqft
Type:Two Apartment House
Utility Water:Municipal water

Level Type Dimensions
Second level Bedroom 12.4 x 10.10
Second level Bedroom 9.4 x 17
Second level Bedroom 13 x 10.10
Basement Storage 5.9 x 4
Basement Not known 8 x 11
Basement Not known 7.10 x 10.8
Basement Not known 9 x 6.6
Basement Not known 9.9 x 7.6
Basement Not known 12.5 x 11.1
Main level Laundry room 8.5 x 5
Main level Bedroom 9.2 x 11.9
Main level Bedroom 11 x 8.5
Main level Dining room 7 x 9.5
Main level Kitchen 9.8 x 8
Main level Living room 11.9 x 12
Listing information last updated on 2026-05-27 09:12:35 -0230
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