CANLSt. John'sUpper Springdale Street157 Lemarchant Rd

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157 Lemarchant Rd, St. John's, NL

Name: 157 Lemarchant Rd, For Sale in St. John's - eXp Realty
Brand: RE/MAX Realty Specialists
SKU: 1297326
Price: 850000 CAD

House

For Sale

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1660

MLS® 1297326

Key Facts
Description
Rooms
Map

Key Facts

Type Duplex

Levels Residential

Size 6000 sqft

Garage

Taxes $6,406

Days Active 10

Lot Size

Approx. Age 1892

Avg. Price Per Sqft $141

MLS® Number 1297326

Property Address: 157 Lemarchant Rd, St. John's, NL, A1C2H4

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

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:58753)Show Description

MLS® Number1297326

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1892

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

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