About this home

Corner of Bond & Bannerman. One block from Bannerman Park — downtown St. John's' most beloved greenspace. Next door to Bishop Field, the oldest school in Newfoundland. Walking distance to every experience this city has to offer. This is the kind of address people wait years for, and this property makes it financially attainable. 20 Bond Street is a registered 3-unit income property with separate meters and electric heat — no oil, no shared utilities, every tenant pays their own way. The main unit offers 2 bedrooms and 1 bath; the middle floor is a self-contained bachelor; the top floor is a 1 bedroom, 1 bath. New roof and windows in 2021. Currently generating $3,375/month in rental income — an 8.5% cap rate at asking price, with room to grow with cosmetic touches. That rental income counts toward your mortgage qualification, meaning even buyers with modest incomes can get approved for a downtown asset that most listings price them out of entirely. Live in the main unit and let your two tenants cover your mortgage and expenses. Or run all three — long-term or short-term — and let Bannerman Park do your Airbnb marketing for you. Steps from the skating loop, outdoor pool, splash pad, Folk Festival grounds, the Colonial Building, and the full pulse of downtown St. John's. 3 registered units. Independent meters. Newer roof & windows. 8.5% cap rate. One block from Bannerman Park. The numbers work. The location is irreplaceable. Don't miss it. (id:63626)

Listed by: Winnie Lei, RE/MAX Realty Specialists

Home facts and features

Price details

List Price

$349,000

Gross Taxes for 2026

$1,806

Home facts

Bedrooms

Full Bathrooms

Property Type

Apt/Condo

Year Built

Built in 1942 (84 yrs old)

Title

Freehold

Style

3 Level

Exterior Finish

Vinyl siding

Heating Type

Baseboard heaters, Electric

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Winnie Lei

Primary Broker

RE/MAX Realty Specialists

Secondary Agent

Bineet Kalra

Secondary Broker

RE/MAX Realty Specialists

Listing details

Days on REW

4 Days

Property Views

MLS® Number

1298368

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 918km

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

École Dr-Marguerite-Michaud

n/a
K - 8
In Catchment

20 Bond StreetSt Johns, NL, A1C 1S5