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$3,275,000
Newfoundland & Labrador,St. John's
For Sale Active
9 Forbes Street, St. John's, Newfoundland & Labrador A1E3L3
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Basic Details
Description

RARE INVESTMENT OPPORTUNITY! This well-maintained residential building features 22 fully occupied units, offering immediate and reliable income potential. The property includes a desirable unit mix of 17 one-bedroom apartments, 1 two-bedroom apartment, and 4 spacious three-bedroom apartments, appealing to a broad tenant base. Currently generating over $25,000 in monthly rental income, this asset presents strong cash flow and long-term investment

value. Ideally situated in a highly convenient location, the building is just steps from the Village Mall Shopping Centre, major bus routes, Hazelwood School, and nearby walking trails, making it an attractive choice for tenants seeking accessibility and lifestyle amenities. An exceptional opportunity for investors looking to expand their portfolio with a stable, income-producing property in a sought-after area. *Any and all HST applicable is the responsibility of the purchaser (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 1295728
  • Price: $3,275,000
  • Year Built: 1968
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Other
  • Office Key: 293977
Features & Appliances
Features
  • Heating System: Electric, Baseboard heaters
  • Flooring: Mixed Flooring
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Newfoundland & Labrador, St. John's, A1E3L3
  • Street: Forbes
  • Street Number: 9
  • Street Suffix: Street
  • Longitude: W53° 15' 12.1''
  • Latitude: N47° 32' 7.1''
Additional Information
  • Water Source:
  • Lot Size Dimensions: ~0.56 acres
Financial
  • Tax Annual Amount: 13110
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Listing updated: 2026-05-14 23:21:06
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Listing Information
  • List Agent Key: 1906420
  • List Office Key: 293977
  • Modification Timestamp: 2026-04-01T12:40:37Z
  • Originating System Name: Newfoundland & Labrador Association of REALTORS®
  • Status Change Timestamp: 2026-04-01T12:32:42Z
Powered by REALTOR.ca
Listing updated: 2026-05-14 23:21:06
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