$485,000
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101 New Cove Road, St. John's, NL A1A 2C2

6 Beds
0 Baths
- Sq Ft

Income-Generating Investment Property with Three Separate Living Spaces! Offering excellent versatility and income potential, this unique property features a two-apartment home plus an additional registered in-law suite with a separate entrance. With two units leased and a third recently renovated, this is an attractive opportunity for investors or buyers looking to offset their mortgage with rental income. The main unit offers 3 bedrooms, a spacious living room, separate dining room, kitchen, laundry, and 1.5 bathrooms, including a half bath in the primary bedroom. Currently leased for $2, 300/month, utilities included. The registered in-law suite features a studio-style kitchen and living area with peninsula, separate bedroom, and 3-piece bathroom. It is currently leased for $1, 100/month, utilities included, and shares an electrical service with the main unit. The 2-bedroom apartment has its own dedicated electrical service and has recently been updated with new flooring throughout and fresh paint. It includes a kitchen, living room, bathroom, and laundry hookups. Currently vacant following renovations, it has a projected rental income of $1, 500/month POU (plus utilities). When fully rented at the stated rates, the property offers potential gross rental income of $4, 900/month ($58, 800 annually), before expenses. The oversized lot features mature trees, a fully fenced rear yard, rear yard access, a storage shed, and two driveways with parking for 7+ vehicles. The roof was newly shingled in 2026. With multiple living spaces, established rental income, additional income potential, and recent upgrades, this property is an excellent opportunity for investors! As per the sellers direction, no offers will be conveyed until Tuesday, November 3rd at 4:00 PM. All offers to remain open until 9:00 PM.

  • MLS® 1304910
  • Date Listed10/28/2026
  • Days on Realty 8 Days
  • Bedrooms 6
  • Bathrooms 3 Full baths, 1 Half baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Single Family Residence
  • Year Built 1955
  • Water Public

Interior Features

  • Appliances Dishwasher
  • Flooring Mixed
  • Heating Baseboard, Electric

Exterior / Lot Features

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

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for A1A 2C2

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

Walkability in NL / A1A 2C2

Source: Walk Score

39/100

Car-Dependent

Walk Score ®

31/100

Some Transit

Transit Score ®

29/100

Bikable

Bike Score ®


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 31/100, Bike Score: 29/100.

Points of Interest near 101 New Cove Road, St. John's, NL A1A 2C2

Frequently Asked Questions for 101 New Cove Road

Source: Realty.com

101 New Cove Road, St. John's, NL A1A 2C2 in St. John's, NL A1A 2C2 is a single family residence listed at $485,000. Highlights include 6 bedrooms, built in 1955. Realty.ca has 33 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 33 photos of 101 New Cove Road.

Our records indicate that 101 New Cove Road was built in 1955.

The full address for this home is 101 New Cove Road, St. John's, NL A1A 2C2.

101 New Cove Road has been listed on Realty.com since Wed October 28, 2026

The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 31/100, Bike Score: 29/100.

Listing provided courtesy of: eXp Realty (tel: (709) 800-0412)
Listing agent: Andrew Collins (tel: (709) 743-6715)

This content last refreshed on 2026-11-05 07:46:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.