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Exceptional opportunity in one of St. John’s most sought-after locations! Ideally situated on the doorstep of Churchill Square, walking distance to downtown St. John’s and minutes from Memorial University, schools, walking trails and countless amenities, this three-unit property offers incredible versatility for investors or owners looking to live in one unit while generating income from the others. This two-storey home features two spacious three-bedroom units and a one-bedroom above-ground lower apartment. The main unit offers three bedrooms, an oversized living room with built-in shelving, a kitchen with a separate dining area and a full bathroom. Large windows fill the living spaces with natural light. The upper three-bedroom unit has a similar layout and is tenant-occupied, with tenants interested in remaining. The lower unit features one bedroom plus a smaller room ideal for an office, walk-in closet or storage. The two vacant units have been cleared in preparation for sale, offering a purchaser the flexibility to move in or explore rental opportunities immediately. Whether as an investment or a home with additional income, the possibilities are plentiful. The property offers exceptionally large shared storage and a spacious common laundry room with one washer and dryer plus connections for a second set. Owned by the same family since 1999, the property has benefited from continued maintenance and significant improvements, including a 910-litre double-bottom steel oil tank installed in 2024, roofing and chimney work in 2025, all Kitec plumbing removed in 2026, a professional electrical review in 2026, and furnace inspection and cleaning in July 2026. Professional home inspection completed September 2026; supporting documentation available for review. Backing onto a walking trail in an established, family-friendly neighbourhood, 2 Allandale Road presents a rare opportunity to own a substantial multi-unit property in an exceptional central location. (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%.
$549,900
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$2,622
Cash To Close
$109,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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MLS® #1303568Listed October 19, 2026
St. John's
$549,900
Elementary Schools
École des Grands-Vents
FrancophoneRennie's River Elementary School
PublicSt. Andrew's Elementary
PublicSecondary Schools
Gonzaga Regional High
Public
Prince of Wales Collegiate
PublicBrother Rice Junior 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.
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