78 Terra Nova Road

Upgraded two-apartment home ideally located in the centre of St. John’s, just minutes from Memorial University, major shopping centres, and convenient public transit routes.Situated in a high-demand rental area, this property presents an excellent opportunity for investors seeking stable income, as well as owner-occupiers looking to offset mortgage costs. The main unit offers three bedrooms and features a bright, functional layout with a spacious living room, and separate kitchen dining area. An additional living space enhances flexibility and livability, making it highly appealing to tenants or families. The self-contained basement apartment also includes three bedrooms, along with private in-unit laundry and a bonus room that can be utilized as storage, a home office, or recreational space, further increasing rental appeal. Recent upgrades to the electrical and plumbing systems reduce the need for immediate repairs and provide peace of mind for future ownership. Any ongoing work will be completed before closing. With its desirable layout, multiple income streams, and prime location in a consistently strong rental market, this property offers excellent potential for reliable cash flow and long-term value appreciation. As per the Seller’s Directive, there will be no conveyance of offers prior to 5pm on Thursday April 2nd. Offers are to remain open until 9pm the same day. (id:58149)