St. John's, NL, A1C2N4

About the property (MLS: 1292187):

Welcome to 39–41 Freshwater Road — a rare opportunity to own a high-yield property in one of St. John’s most sought-after central locations. Sitting just minutes from Memorial University, downtown, Churchill Square, and St. Clare’s Hospital, this property is perfectly positioned for consistent rental demand. Tenants can walk to coffee shops, grocery stores, restaurants, and bus routes, while enjoying quick access to Bannerman Park, Pippy Park Trails, and the King George V Soccer Complex. It’s the kind of spot that keeps units filled year-round — central, convenient, and connected. This two-unit townhouse currently brings in roughly $3,500 per month, rented by the room, and has proven to attract long-term tenants who value walkability and access to the city’s best amenities. For investors, it’s already performing — just step in and start collecting income — but it also offers plenty of upside. The area continues to grow in popularity with students, healthcare staff, and working professionals who want downtown living without the downtown price. With public transit at your doorstep and every major service within a 10-minute walk, properties like this rarely sit on the market for long. Keep it as a room-rental setup for maximum cash flow, or reimagine it into two modern apartments and take advantage of the city’s growing demand for central housing. Whether you’re expanding your portfolio or entering the market for the first time, 39–41 Freshwater Road is a smart, steady investment that combines location, income, and long-term value — the kind of property you’ll wish you’d bought sooner. (id:56688)

Property Details