Telephone Email132 Water Street, St. John's, Newfoundland & Labrador, Canada A1C1A8

For sale · MLS® 1297203

132 Water Street

St. John's, NL, A1C1A8

2,340 sqft

List price

$349,000

132 Water Street St. John's Newfoundland & Labrador Canada A1C1A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Same address

2 listings at this address

This property has several listings on the market right now — all of them are shown on this page.

132 Water Street

MLS® 1297201

$335,000

3 bd · 2 ba · 2,340 sqft

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1297203

Situated in the heart of historic downtown St. John’s, 132 Water Street offers a versatile commercial property in the highly sought-after Commercial Downtown Mixed (CDM) zone. This multi-level building is currently operating with two established businesses: a hair and nail salon on the ground floor and a bustling tattoo studio occupying the upper two floors. With high foot traffic, excellent visibility, and direct street-level access, this property presents an exceptional opportunity for investors or business owners seeking a prime downtown location. The CDM zoning allows for a mix of commercial and residential uses, providing added flexibility for future development or tenant arrangements. All permits, taxes, HST/GST (if applicable), and related approvals will be the responsibility of the purchaser. Don’t miss this rare chance to own a piece of Water Street – a location synonymous with culture, commerce, and character. (id:56688)

Property details

MLS®1297203

Listing ID29715738

Address132 Water Street, St. John's, Newfoundland & Labrador, Canada A1C1A8

StatusActive

Last updated3 months ago ( Jul 31, 2026 )

Property TypeOffice

Structure TypeSpecial Purpose

HeatingElectric

Living Area Total2,340 square feet

Price per sq ft: $150

Tax Annual Amount$7,555

RoofTorch on Roof, Unknown

HeatingElectric

Common InterestFreehold

Business TypeOther, Retail and Wholesale, Service, Arts and Entertainment

Number of photos available26

Rurl
Coordinates: [47.566414, -52.704829]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $279,200

Mortgage insurance premium: $0

Total Financing: $279,200

Rough closing fee (1.5%): ~ $5,235

Total downpayment with estimated closing fee: $75,035

0000

Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$0	$0
Gross rental income (income/principal ratio)	0.000%	0.000%
Mortgage	$0	$0
Monthly Expenses	$437	$5,244
Vacancy	$0	$0
Management Fee	$0	$0
Expense / Income Ratio	Infinity%	Infinity%
Cash Flow	$-437	$-5,244
Net Operating Income (NOI)	$-437	$-5,244
Capitalization Rate	-0.13%	-1.50%

Capitalization Rate: -1.50%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $498,572

Neighbourhood scores

Explore St. John's on Walk Score

Get in touch

Have a question?

Send a message and Haris will get back to you — usually the same day.

Full Name *

Email *

Message *