
MLS #1297201 · St. John's
132 Water Street
- Type
- Two-Apartment Home
- Agent
- Michael Samson
- Brokerage
- eXp Realty
MLS #1302419Listed August 28, 2026 · 14 days on market
St. John's
$349,900
This beautifully maintained two-apartment home offers an unbeatable location directly across from the Avalon Mall and within walking distance of Memorial University, the Health Sciences Centre, shopping, restaurants, and public transit. Whether you're a first-time homebuyer looking to offset your mortgage with rental income or an investor seeking a prime income property for the student rental market, this home is an exceptional opportunity. The bright and spacious main unit features three generously sized bedrooms, a welcoming open-concept living room with fireplace, dining area, a large kitchen with plenty of workspace & storage, an updated main bathroom & an attached garage. Freshly painted throughout, with upgraded electrical in both units to be completed prior to closing, a washer/dryer hookup installed in basement apt, new oil tank, all vinyl windows & updated siding in recent years, this home offers a clean, stress-free purchase that is ready for its new owners. Step outside onto a spacious deck to enjoy your morning coffee or evening bbq's, all while enjoying the mature, tree-lined backyard, offering excellent privacy and a peaceful outdoor retreat. The basement includes a utility room with laundry and a furnace that has been well maintained through an annual service plan with Ultramar, providing added peace of mind. The self-contained one-bedroom apartment offers a spacious living room, functional kitchen, generous bedroom, and updated bathroom. Both the main unit and basement apartment are currently vacant, making this property ideal for owner occupancy or allowing the new owner to set current market rents immediately. With its outstanding location, versatile layout, and excellent income potential, this is a property you won't want to miss. Arrange your viewing today! As per seller's direction, there will be no conveyance of offers until Wed. September 2nd at 5 PM. All offers to remain open until 10 PM. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$349,900
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,668
Cash To Close
$69,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
Contact Felix
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Elementary Schools
Larkhall Academy
PublicLeary's Brook Junior High
PublicSt. Andrew's Elementary
PublicSecondary Schools
Leary's Brook Junior High
PublicPrince of Wales Collegiate
PublicÉcole Rocher-du-Nord
FrancophoneStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.