Seller's direction · offers
No conveyance of offers until
Thursday, November 19 at 11:00 a.m. NST · open for acceptance until 5:00 p.m. NST
14
days left
No conveyance of offers until Thursday, November 19 @ 11:00am and left open for acceptance until 5:00pm the same day.
Deadline extracted automatically from the listing remarks — it may be missing, incomplete, or out of date. Always confirm offer terms with the listing brokerage.
About this propertyMLS® 1305097
Tucked away on a quiet side street in trendy Downtown West, this property offers a rare opportunity to own a distinctive office or studio space. Architecturally reimagined by renowned architect Robert Mellon and formerly home to the studio of Ned Pratt, this character-filled building is anything but ordinary. Thoughtfully designed to celebrate its original architectural elements while incorporating distinctive features, the building offers an inspiring blend of history, character and creativity. Exposed post-and-beam construction, soaring ceilings, an impressive exposed ceiling truss system and open floor joists in select areas create a dramatic sense of space and architectural interest. Skylights flood the interior with natural light, highlighting its unique character. The layout offers an appealing mix of open and defined spaces, ideally suited to creative professionals, collaborative teams or businesses seeking areas for individual work and shared use. Two wood stoves add warmth, charm and ambience. Additional features include a kitchen area, a full bathroom with shower and paved parking at the front and additional parking at the rear. The interior also lends itself to potential conversion to include living quarters, offering exciting possibilities for a live/work arrangement, subject to approvals. The property extends through to Convent Square, providing additional frontage and access. The lot may also offer potential for future subdivision or additional development at the rear, subject to municipal approvals. An inspiring space with remarkable architectural character and exciting possibilities. Whether envisioned as a creative studio, professional office, live/work space or future development opportunity, this property invites imagination. Truly an architectural dream and a rare offering in one of Downtown West's most desirable locations. No conveyance of offers until Thursday, November 19 @ 11:00am and left open for acceptance until 5:00pm the same day. (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
The neighbourhood
St. John's at a glance
Live market stats for St. John's — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
452
Median list price
$400k
Price range
$1.4k – $4.3M
Typical build
1975
Average size
3,636 sqft
Where St. John's listings are priced
Every active list price in St. John's, grouped into bands.
List price, thousands of $ · 381 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 39 |
| 200–300 | 53 |
| 300–400 | 104 |
| 400–500 | 52 |
| 500–750 | 67 |
| 750–1M | 31 |
| 1M+ | 35 |
How St. John's compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Flood (100-yr)
outside the mapped floodplain
Zoning
0.76 ha parcel
Elevation
20 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 7:00 p.m.
Property tax
$7,461 / year
≈ $622 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
68 places shown · 3 routes · OpenStreetMap · OSRM
- 2 min to downtown St. John's1 km
- 8 min to Memorial University4.6 km
- 14 min to Avalon Mall11.1 km
Schools 18
Health 1
Groceries 13
Cafés 6
Parks 12
Bus stops 18
Cost & context
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance — every figure captioned with its assumptions.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $214,007
Closing costs + five years of running costs + 60 mortgage payments on a $599,900 home.
If rates rise 2 points
$34,275 more over five years if the rate is 6.44% instead of 4.44% — P&I only.
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$2,498
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$119,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,626
- Property taxfrom the feed$7,461
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $50,935
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $3,148 | $243,833 | needs mortgage insurance (not modelled) |
| 10% | $2,983 | $233,891 | needs mortgage insurance (not modelled) |
| 20% | $2,651 | $214,007 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-05), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
Rate time machine
same house · same down payment
Same house, same down payment — your payment today at 4.44%best market rate · posted was 6.19%
- Today, best market rate2026-11-05 · 4.44%$2,651/mo
- Today, posted2026-11-04 · 6.19%$3,148/mo
- 5 years ago2021-11-03 · 4.79%$2,747/mo
- 10 years ago2016-11-02 · 4.64%$2,706/mo
At 6.19% — five years ago — the same mortgage would have cost $497 more each month than at today's posted rate.
Principal & interest only: $479,920 (80% of the $599,900 asking price — 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-11-04. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet) — fixed reference points, not a modelled path between them. Estimate — not an offer of credit; your lender's rate will differ.
Errand score
walk-time weighted
70
grocery 320 m, school 80 m
Nearest errand: Park (park) — 20 m, about 0 min on foot.
Walk-time-weighted from OpenStreetMap + ODEF school data; straight-line distance at 4.8 km/h. Weights: grocery 1.0, school 0.9, health 0.8, park 0.4, café 0.35, bus 0.3 — nearest place per category only. Half-value every 6 minutes of walking; nothing scores past a 15-minute walk. 100 = every category at the door. This is a mapping of what's drawn on the map, not a survey of what exists.
Ask this listing
open data · 5 questions
- School within 1 km?Yes · 80 mLakecrest
- Grocery nearby?Yes · 320 mGrocery store
- Bus stop?Yes · 170 mWater Street at Powerlite Electric
- In the 100-year floodplain?No — outside itCity of St. John's flood map
- Zoning?RD — RD0.76 ha parcel
From OpenStreetMap + ODEF schools (straight-line distance) and the City of St. John's flood & zoning maps. Flood and zoning are mapped for St. John's only; elsewhere those questions don't appear because we don't know the answer.
Monthly carrying cost
$3,036/mo
Plan ahead
Calculators
Estimate payments and returns before you make an offer — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$622/mo
Principal & interest $0 + property tax $622 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-621
NOI / month
$-621
Cap rate
-1.24%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $622 | $7,461 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-621 | $-7,452 |
| NOI | $-621 | $-7,452 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
Your details go straight to Haris — never shared, never spammed.















































