$499,900
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159 University Avenue, St. John's, NL A1B1Z6

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8 Beds
2 Baths
2,528 Sq Ft

This registered two-apartment property offers an exceptional opportunity in one of the citys most sought-after rental locations, ideally situated next to Memorial University, Prince of Wales Collegiate, the Health Sciences Centre, shopping, recreation, major amenities and bus route in front. Featuring a total of eight bedrooms, the home is configured into two spacious four-bedroom units, each complete with its own kitchen, living room, four-piece bathroom, and in-unit laundry facilities. The property currently generates $4, 600 in monthly rental income, with each bedroom renting for $575 (with potential of higher) and one room presently vacant, providing immediate income potential with room for further growth. Its prime location makes it highly attractive to students, healthcare professionals, and long-term tenants alike. Extensively renovated from the studs in 2015, the property underwent a comprehensive transformation including all new electrical and plumbing systems, new interior wall framing, kitchens, bathrooms, flooring, insulation, appliances, and the installation of two HRV units. Significant attention was also given to safety, efficiency, and tenant comfort with upgraded sound barriers and fire-rated separation between floors. Exterior improvements completed during the renovation included new shingles, windows, siding, and doors. Additional recent upgrades completed in 2025/2026 include a new bathroom vanity, fresh paint, and vinyl flooring in the basement apartment, along with a new front door and hot water tank in the main unit. The property also provides 4 car off street parking. This turn-key income property combines strong rental returns, extensive upgrades, and an unbeatable central location, making it an outstanding addition to any investment portfolio. (id:58753)

Listing By: Robert Moore - RE/MAX Infinity Realty Inc. - Sheraton Hotel cncrea2 Realty.com
  • MLS® 1297322
  • Date Listed05/11/2026
  • Days on Realty 26 Days
  • Bedrooms 8
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Duplex
  • Year Built 1963
  • Water Public
  • Square Feet 2,528 sq. ft
  • Price Per Sq. Ft $197.75

Interior Features

  • Flooring Mixed Flooring
  • Heating Baseboard heaters, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for A1B1Z6

Discover key demographics, population statistics, and environmental insights for the St. John's, NL area.

Walkability in NL / A1B1Z6

Source: Walk Score

58/100

Somewhat Walkable

Walk Score ®

49/100

Some Transit

Transit Score ®

55/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

16 nearby routes: 16 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 33/100, Bike Score: 30/100.

Points of Interest near 159 University Avenue, St. John's, NL A1B1Z6

Frequently Asked Questions for 159 University Avenue

Source: Realty.com

159 University Avenue, St. John's, NL A1B1Z6 in St. John's, NL A1B1Z6 is a duplex listed at $499,900. Highlights include 8 bedrooms, 2 bathrooms, 2,528 sq. ft., built in 1963, $198 per sq. ft.. Realty.ca has 28 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 28 photos of 159 University Avenue.

Our records indicate that 159 University Avenue was built in 1963.

The full address for this home is 159 University Avenue, St. John's, NL A1B1Z6.

159 University Avenue has been listed on Realty.com since Mon May 11, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 33/100, Bike Score: 30/100.

Listing provided courtesy of: RE/MAX Infinity Realty Inc. - Sheraton Hotel
Listing agent: Robert Moore

This content last refreshed on 2026-06-06 17:21:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.