157 Lemarchant Road, St. John's, NL A1C2H4
157 Lemarchant Road, St. John's, NL A1C2H4
157 Lemarchant Road, St. John's, NL A1C2H4
157 Lemarchant Road, St. John's, NL A1C2H4
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Listed by RE/MAX Realty Specialists
$ 850,000
Est. payment | /mo

16 Beds

6 Baths

6,000 SqFt


Save
$ 850,000
Est. payment | /mo
Save

16 Beds

6 Baths

6,000 SqFt

Key Details

Property Type Condo

Sub Type 2-Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $141

MLS Listing ID 1297326

Style Detached

Bedrooms 16

Full Baths 5

Half Baths 1

Year Built 1892

Annual Tax Amount $6,406

Tax Year 2026

Lot Dimensions 505.04

Property Sub-Type 2-Apartment

Source NLAR

Property 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.

Location

Province NL

Zoning RM

Interior

Heating Baseboard, Electric

Cooling Baseboard, Electric

Exterior

Exterior Feature Clapboard

Parking Features None

Roof Type Torched-on

Building

Foundation Apartment, Concrete

Sewer Municipal

Water Municipal

Nearby Locations

Brandon Pennell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(709) 746-3006

brandon@sellingsaltwater.com

48 Moffatt Rd, Mt Pearl, NL, A1N 0G3, CAN

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157 Lemarchant Road