For Sale: 157 Lemarchant Road, St Johns, NL

About this home

Positioned close to downtown St John's, this rare and historically significant property presents a unique redevelopment and investment opportunity. Originally constructed in 1892, the building was once two separate homes that were later combined into one expansive residence, resulting in an impressive footprint and a layout that offers remarkable flexibility for future use. The property currently features 16 bedrooms and 5.5 operational bathrooms, making it well-suited for a variety of residential, institutional, or mixed-use applications permitted under its RM zoning designation. The zoning allows for numerous residential and complementary commercial possibilities, subject to municipal approvals, creating strong potential for investors, developers, or organizations seeking a centrally located property with scale and character. A notable feature of the property is its existing life safety infrastructure, including a fire escape system and fire alarm system that is professionally inspected on an annual basis. The property also benefits from a valuable downtown parking lot — an increasingly rare asset in this highly sought-after area of St. John's. While the home is currently in disrepair and will require significant renovation and modernization, its size, history, architectural presence, and location offer exceptional upside potential. Properties of this scale and character rarely come to market, particularly within close proximity to major institutions, downtown amenities, medical services, and transit routes. With vision and restoration, this landmark property could be transformed into a standout residential investment, professional residence, multi-unit development, hospitality concept, student housing opportunity, or other creative mixed-use venture consistent with RM zoning allowances. This is a rare opportunity to restore and reimagine a piece of St. John’s history in one of the city’s most strategic and high-demand locations. (id:63626)

Listed by: Jillian Hammond, RE/MAX Realty Specialists

Home facts and features

Price details

List Price

$850,000

Gross Taxes for 2026

$6,406

Home facts

Bedrooms

Full Bathrooms

Partial Bathrooms

Property Type

Apt/Condo

Year Built

Built in 1892 (134 yrs old)

Title

Freehold

Exterior Finish

Other

Heating Type

Baseboard heaters, Electric

Appliances

Dryer, Washer

Agent details

Primary Agent

Jillian Hammond

Primary Broker

RE/MAX Realty Specialists

Listing details

Days on REW

24 Days

MLS® Number

1297326

Source

Canadian Real Estate Association

Mortgage Calculator

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Schools nearby

10 Schools are within 917km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

École Clément-Cormier

n/a
9 - 12
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

157 Lemarchant RoadSt Johns, NL, A1C 2H4