
MLS #1301959 · St. John's
166 Ladysmith Drive
- Type
- Two-Apartment Home
- Agent
- Charles Harris
- Brokerage
- Century 21 Seller's Choice Inc.
MLS #1303052Listed September 16, 2026
St. John's
$479,900
Prime Location Meets Exceptional Cash Flow! This well-maintained, multi-level two-apartment home is steps from Memorial University (MUN), the Health Sciences Centre, Avalon Mall, and scenic walking trails. Currently operating with significant income potential, this property is an investor's dream or the perfect house hack. Features four independent entrances across multiple levels, offering seamless potential to convert the property into a four-unit rental. Main Unit ($4,040/mo): Fully rented and spacious. Includes six bedrooms, two full bathrooms, laundry, a large kitchen, dining, and living area. Dual independent entrances on separate levels allow for an easy split into two distinct units. Ground-Level Apartment ($3,000+/mo): Currently operating as a highly successful Airbnb. Features two bedrooms, one full bathroom, independent laundry, and an open-concept living/kitchen area. Sliding patio doors lead out to a beautiful wrap-around deck. Bonus Space: Includes an undeveloped basement area, perfect for extra tenant storage or future development into additional living space. Exterior: Situated on a quiet street with a three-car paved driveway. Whether you are looking to expand your portfolio or live in one unit while letting the others pay your mortgage, this versatile property offers unmatched flexibility and location. Sellers’ Direction: No conveyance of offers until Sept 20 at 6PM. All offers are to be left open until 10PM the same day. (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%.
$479,900
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$2,288
Cash To Close
$95,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
St. Andrew's Elementary
PublicLeary's Brook Junior High
PublicLarkhall Academy
PublicSecondary Schools
Leary's Brook Junior High
PublicPrince of Wales Collegiate
PublicGonzaga Regional High
PublicStraight-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.