Multi-Family Properties for Sale in Newfoundland and Labrador

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House for sale: 480 Newfoundland Drive, St John's

26 photos

$349,900

480 Newfoundland Drive, St John's, Newfoundland & Labrador A1A 4E3

4 beds
2 baths
3 days

Welcome to this roomy 4-bedroom, 2-bathroom multi-level home nestled in the highly sought-after East End of St. John’s. Ideally located near schools, scenic parks, and all the conveniences of city living, this home offers the perfect blend of living space, comfort, and location. Step

Multi-Family for sale: 18 Cabot Road N, Northwest Brook

19 photos

$219,900

18 Cabot Road N, Northwest Brook, Newfoundland & Labrador A0E 2P0

0 beds
0 baths
76 days

Exceptional investment opportunity in the scenic community of North West Brook! This fully occupied 5-unit multi-family property offers a fantastic source of rental income. The building consists of one spacious 3-bedroom unit and four well-appointed 2-bedroom units, each featuring a kitchen,

Multi-Family for sale: 315 Main Road, Whiteway

49 photos

$399,900

315 Main Road, Whiteway, Newfoundland & Labrador A0B 3L0

0 beds
0 baths
52 days

Welcome to Legge’s Sunset Inn. Nestled along the scenic shores of Newfoundland's Baccalieu Trail, this oceanside property offers a perfect opportunity to immerse yourself in the charm of traditional outport living. Located just over an hour's drive from St. John's, this established year-round

Sheryl Piercey,Keller Williams Platinum RealtyListed by: Sheryl Piercey,Keller Williams Platinum Realty
Multi-Family for sale: 106 Front Road, Dildo

46 photos

$599,900

106 Front Road, Dildo, Newfoundland & Labrador A0A 1P0

0 beds
0 baths
14 days

Opportunity knocks! Discover a versatile income property in the scenic seaside community of Dildo, just a 1-minute walk from the renowned Dildo Brewery. This fully renovated former schoolhouse has been transformed into a solid 4-unit multifamily residence, offering a unique blend of character,

Multi-Family for sale: 6 Muddy Hole Road, Spaniards Bay

11 photos

$1,300,000

6 Muddy Hole Road, Spaniards Bay, Newfoundland & Labrador A0A 3X0

0 beds
0 baths
167 days

Now selling with 2.1 acres of extra land included; enough for 20 more units. Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors

David Norris,Re/max Realty SpecialistsListed by: David Norris,Re/max Realty Specialists
Multi-Family for sale: 30 Ellen's Lane Extension, Holyrood

32 photos

$1,999,900

30 Ellen's Lane Extension, Holyrood, Newfoundland & Labrador A0A 2R0

0 beds
0 baths
27 days

Located on the north side of Holyrood off Woodford's Station Rd. Explore an exceptional investment opportunity with this well maintained 14-unit rental property, consisting of 7 duplexes with paved parking, located in the community of Holyrood, Newfoundland and Labrador. Built just nine years

Richard Kennedy,Hanlon RealtyListed by: Richard Kennedy,Hanlon Realty
Multi-Family for sale: 2 Kingwell Crescent, Little Harbour East

48 photos

$169,000

2 Kingwell Crescent, Little Harbour East, Newfoundland & Labrador A0B 2H0

0 beds
0 baths
21 days

Just an hour and a half from St. John's, nestled in the peaceful and picturesque community of Little Harbour East, this income-generating property is ready for new owners! Whether you're looking to expand your rental portfolio, run a B&B, or enjoy multi-unit living, this one has it all. This

Multi-Family for sale: 55-59 Burnt Head Road, Carbonear

23 photos

$429,900

55-59 Burnt Head Road, Carbonear, Newfoundland & Labrador A1Y 1A6

0 beds
0 baths
48 days

Four - unit investment opportunity located at 55-59 Burnt Head Road in Carbonear. Offering panoramic ocean views and over 180' of ocean frontage, this building is located in a desirable residential area. The property has full town services and a 0.57-acre landscaped lot that may offer enough

Brent Roach,Royal Lepage Atlantic HomesteadListed by: Brent Roach,Royal Lepage Atlantic Homestead
Multi-Family for sale: 480 Thorburn Road, St. John's

50 photos

$1,250,000

480 Thorburn Road, St. John's, Newfoundland & Labrador A1B 4R1

10 beds
7 baths
17 days

Welcome to this exceptional executive property located at 480 Thorburn Road, St. John's, NL. Spanning over 7 acres of private land, this expansive estate offers unmatched luxury, space, and versatility. With three generously sized suites, each with its own private entrance, this property provides

Charles Harris,Century 21 Seller's Choice Inc.Listed by: Charles Harris,Century 21 Seller's Choice Inc.
Multi-Family for sale: 155 Main Road, Sunnyside

36 photos

$399,900

155 Main Road, Sunnyside, Newfoundland & Labrador A0b 3J0

0 beds
0 baths
24 days

Investment Opportunity in Sunnyside, NL – 4-Unit Property This well-maintained 4-unit property in Sunnyside, Newfoundland and Labrador offers a prime investment opportunity. Each partially furnished 3-bedroom unit features its own bathroom, an open-concept kitchen and living area, and

Listed by: Jordan Stagg,Exp Realty
Multi-Family for sale: 8 Station Road, Grand Falls-Windsor

34 photos

$650,000

8 Station Road, Grand Falls-Windsor, Newfoundland & Labrador A2A 1M5

0 beds
0 baths
73 days

Welcome to 8 Station Road, a fantastic investment opportunity featuring 8 rental units. This property offers diverse mix of unit types, catering to a range of tenants while providing a stable source of rental income. One two-bedroom unit perfect for small families or couples, this spacious

Listed by: Jackie Warford,Royal Lepage Generation Realty
Special Purpose for sale: 1 Bluewater Drive, Lewisporte

33 photos

$1,450,000

1 Bluewater Drive, Lewisporte, Newfoundland & Labrador A0G 3A0

0 beds
0 baths
105 days

HST to be applied to purchase price. Welcome to Bluewater Lodge and Retreat, situated in central Newfoundland, off the TCH, just 3 kms east of route 340, Notre Dame Junction. This stunning, majestic cedar log lodge is on a private treed lot overlooking beautiful Indian Arm Lake. Step inside

Multi-Family for sale: 7 Shamrock Crescent, Corner Brook

5 photos

$499,900

7 Shamrock Crescent, Corner Brook, Newfoundland & Labrador A2H 7H8

0 beds
0 baths
59 days

This property suits a home owner or investor. Income of up to $54,600 annually from this home! Looking for a home with rental income to help with the mortgage? Live in this 3 bedroom split level home while the rental income from the other two apartments (a 3 bedroom above ground apartment

Multi-Family for sale: 17 - 19 Gower Street, St. John's

25 photos

$1,649,900

17 - 19 Gower Street, St. John's, Newfoundland & Labrador A1C 1N2

0 beds
0 baths
41 days

Here is a great opportunity to own a historic property located on the east end of Gower Street, one of the most iconic streets in downtown St. John's, NL. These are 2 attached houses with 4 registered apartments in each one, all of which have had substantial renovations completed over the

Listed by: Lila Macallister,Rock Realty
Multi-Family for sale: 2-8 Bay Street, Carbonear

45 photos

$500,000

2-8 Bay Street, Carbonear, Newfoundland & Labrador A1Y 1B1

0 beds
0 baths
4 days

Four detached homes on one easy-to-maintain lot, each offering incredible potential and beautiful views of the bay. All units share the same spacious layout: 3 bedrooms, 1 full bathroom, and an unfinished basement, a great canvas for adding value or creating additional living space. Whether

Listed by: Olivia Sharpe,Bluekey Realty Inc.
Multi-Family for sale: 39 B Souther Path Road, Conception Hr.

13 photos

$447,500

39 B Souther Path Road, Conception Hr., Newfoundland & Labrador A0A 1Z0

18 beds
11 baths
98 days

SOUTHER PATH ROAD...SILVER SPRINGS, CONCEPTION HARBOUR, NL. ATTENTION INVESTORS...This iconic community is so full of rich culture and history from days gone by with many, as the old folks say, the liveries of this community built the skies of New York, while providing for their families from

Listed by: Andy Lewis,Royal Lepage Vision Realty
Multi-Family for sale: 142 Lincoin Road Unit#1,2,3,4, Grand Falls/Winsor

1 photos

$139,000

142 Lincoin Road Unit#1,2,3,4, Grand Falls/Winsor, Newfoundland & Labrador A2A 1P4

0 beds
0 baths
63 days

New Listing! Check out this 4-unit investment property in Grand Falls-Windsor for just $139,000! With four 1-bedroom units generating $1,975/month in rental income, each unit has its own meter. Rents: 2 units at $550, 1 at $400, and 1 at $471, all plus utilities. Includes 4 fridges, 4 stoves,

Albert Hillier,Exit Realty AspireListed by: Albert Hillier,Exit Realty Aspire
Multi-Family for sale: 39 C Souther Path Road, Conception Hr.

8 photos

$464,500

39 C Souther Path Road, Conception Hr., Newfoundland & Labrador A0A 1Z0

18 beds
11 baths
98 days

SOUTHER PATH ROAD...SILVER SPRINGS, CONCEPTION HARBOUR, NL. ATTENTION INVESTORS...This iconic community is so full of rich culture and history from days gone by with many, as the old folks say, the liveries of this community built the skies of New York, while providing for their families from

Listed by: Andy Lewis,Royal Lepage Vision Realty
Multi-Family for sale: 50 Canada Drive, St. John's

16 photos

$379,900

50 Canada Drive, St. John's, Newfoundland & Labrador A1E 5W6

0 beds
0 baths
20 days

THREE UNIT HOME! GREAT FOR INVESTORS OR HOMEOWNER TO HELP PAY THE MORTGAGE. THE MAIN UNIT HAS LARGE EATIN KITCHEN WITH NEW MODERN DECOR CABINETRY WITH LARGE LIVING ROOM AREA, OVERSIZED MASTER AND 2 OTHER NICE SIZED ROOMS. THE LOWER LEVEL OFFERS TWO FULLY SELF CONTAINED ONE BEDROOM APTS. PROPERTY

Michelle Mitchum,Homelife Experts Realty Inc.Listed by: Michelle Mitchum,Homelife Experts Realty Inc.
Multi-Family for sale: 56 Cashin Avenue, St. John's

38 photos

$699,900

56 Cashin Avenue, St. John's, Newfoundland & Labrador A1E 3B3

0 beds
0 baths
27 days

INVESTMENT OPPORTUNITY! This well maintained, 5 unit apartment building, consisting of Two 2-Bedroom units, and 3 Bachelor units, is centrally located in close proximity to MUN, the Avalon Mall, and on all major bus routes. Each of the five units are spacious, bright & comfortable, with most

Tyler Oxford,Exp RealtyListed by: Tyler Oxford,Exp Realty
Multi-Family for sale: 8 Taylor's Avenue, Port Saunders

24 photos

$219,900

8 Taylor's Avenue, Port Saunders, Newfoundland & Labrador A0K 4H0

0 beds
0 baths
315 days

Welcome to your investment opportunity with these two bedroom, open floor plan duplexes. One unit is fully wheelchair accessible, featuring lowered cabinets , an island , a side by side fridge /freezer and a three piece bath with a roll in shower and bench. Both units offer a seamless flow

Multi-Family for sale: 39 A Souther Path Road, Conception Harbour

15 photos

$447,500

39 A Souther Path Road, Conception Harbour, Newfoundland & Labrador A0A 1Z0

18 beds
11 baths
98 days

SOUTHER PATH ROAD...SILVER SPRINGS, CONCEPTION HARBOUR, NL. ATTENTION INVESTORS...This iconic community is so full of rich culture and history from days gone by with many, as the old folks say, the liveries of this community built the skies of New York, while providing for their families from

Listed by: Andy Lewis,Royal Lepage Vision Realty
Multi-Family for sale: 25 Mesher Street, Happy Valley-Goose Bay

35 photos

$609,000

25 Mesher Street, Happy Valley-Goose Bay, Newfoundland & Labrador A0P 1E0

8 beds
4 baths
195 days

25 Mesher Street offers four apartment units, each featuring 2 bedrooms and 1 bathroom. Each unit consists of stairwell porch + storage area, living room, eat-in kitchen, primary bedroom, bedroom #2, and a bathroom/laundry room. There is a 100 amp service and fibre hot water tanks in each

Listed by: Ashley Mclean,Century 21 Big Land Realty Limited - Goose Bay
Multi-Family for sale: 8-10 Long Point Cove Road, Heart's Delight - Islington

40 photos

$749,900

8-10 Long Point Cove Road, Heart's Delight - Islington, Newfoundland & Labrador A0A 2B0

0 beds
0 baths
38 days

Amazing opportunity for the savvy real estate investor/young couple/retiree. Established ocean front vacation retreat operating since 2005, known as the Ocean's Delights Cottages- the 'Bird' cottages. 4 full equipped cottages on 1.4 hectares; two 2-bedrooms cottages (768sqft- The Loon and

Multi-Family for sale: 18 Second Street, Mount Pearl

32 photos

$420,000

18 Second Street, Mount Pearl, Newfoundland & Labrador A1N 1Y4

0 beds
0 baths
20 days

This beautifully maintained 3-unit bungalow is located in a lovely, mature neighborhood, offering charm and income potential. The main level features a spacious layout with a large living room warmed by a cozy propane fireplace, a generously sized eat-in kitchen, and four comfortable bedrooms—ideal

Listed by: Rebecca Ryan,Re/max Realty Professionals Ltd. - Corner Brook
Multi-Family for sale: 10 Taylor's Avenue, Port Saunders

23 photos

$239,900

10 Taylor's Avenue, Port Saunders, Newfoundland & Labrador A0K 4H0

0 beds
0 baths
315 days

Discover your opportunity to enter the world of real estate with these three bedroom, open floor plan duplexes. . Both units have identical layouts, providing a seamless transition between the kitchen , living and dining areas. Featuring beautiful flooring throughout and three foot doorways

Multi-Family for sale: 11 Main Street, St. Brides

33 photos

$375,000

11 Main Street, St. Brides, Newfoundland & Labrador A0B 2Z0

0 beds
0 baths
300 days

Acquired in 1994, the Capeway Inn & Suites emerged from the historic Presentation Convent, transformed into a welcoming tourist facility. Located in the heart of an enchanting region, this property offers the most attractive accommodations closest to North America's easily accessible seabird

Mae Jia,Keller Williams Platinum RealtyListed by: Mae Jia,Keller Williams Platinum Realty
Multi-Family for sale: 9 Deanery Avenue, St. Johnas

15 photos

$359,900

9 Deanery Avenue, St. Johnas, Newfoundland & Labrador A1E 1H5

0 beds
0 baths
91 days

Three apt. In an excellent location. owner has not renewed leases with current tenants in order to allow new owners the opportunity to do a rental increase. Numerous upgrades over the last 7-8 years. Upstairs apt. Renovated 3 years ago. Never a problem to rent all units. Two of the hot water

Brenda Cook,Keller Williams Platinum RealtyListed by: Brenda Cook,Keller Williams Platinum Realty
Multi-Family for sale: 89 West Street, Stephenville Crossing

6 photos

$899,000

89 West Street, Stephenville Crossing, Newfoundland & Labrador A0N 2C0

0 beds
0 baths
105 days

"Looking for an Investment property" This property consist of 3 buildings ...2 buildings consist of 3 units and the third has 5 units. Great Income property for a great price. Call for more info or to book a viewing. (id:27476)

Diane Wheeler,Re/max  Realty Professionals Ltd. - StephenvilleListed by: Diane Wheeler,Re/max Realty Professionals Ltd. - Stephenville
Special Purpose for sale: 96-98 Canada Drive, Harbour Breton

27 photos

$1,395,000

96-98 Canada Drive, Harbour Breton, Newfoundland & Labrador A0H 1P0

0 beds
0 baths
77 days

Very well maintained (built in 2001) & significantly upgraded hotel. The "Southern Port Hotel & Chalets" has 16 guest rooms and a one-bedroom suite. There are also 4 beautiful detached 2-bedroom chalets constructed in 2018. It is located next to the popular hockey arena on the main road in

Jim Burton, Fri,Re/max Infinity Realty Inc.Listed by: Jim Burton, Fri,Re/max Infinity Realty Inc.
Multi-Family for sale: 346 Highway East, Victoria

35 photos

$799,999

346 Highway East, Victoria, Newfoundland & Labrador A0A 3B0

0 beds
0 baths
68 days

Investment opportunity. This 14 unit apartment building generates approximately $121,800 per year gross income with operating expenses of approx. $18,000 this a great investment property with a very positive cash flow. The property is usually 100% occupied and the seller is selective as

Listed by: Frank Evely,Re/max Eastern Edge Realty Ltd. - Bay Roberts
Multi-Family for sale: 2 Crown Avenue, Stephenville

28 photos

$420,000

2 Crown Avenue, Stephenville, Newfoundland & Labrador A2N 1G3

0 beds
0 baths
40 days

Welcome to your new investment opportunity in the thriving community of Stephenville. This well-maintained 4-unit apartment building offers an ideal blend of comfort and convenience, situated in the heart of Stephenville. Each unit boasts 2 bedrooms and 1 bathroom, providing ample space for

Don Gibbon,Re/max  Realty Professionals Ltd. - StephenvilleListed by: Don Gibbon,Re/max Realty Professionals Ltd. - Stephenville
Multi-Family for sale: 7 Vardys Avenue, Clarenville

29 photos

$539,900

7 Vardys Avenue, Clarenville, Newfoundland & Labrador A5A 2A4

0 beds
0 baths
275 days

Great investment property! This property has 7 apartment units, all units are electric baseboard heat and tenants pay their own utilities. there are two 1 unit apartments, three 2 unit apartments and two 3 unit apartments. Each unit is fairly spacious and in good condition and there are various

Avery Balsom,Re/max Eastern Edge Realty Ltd. ClarenvilleListed by: Avery Balsom,Re/max Eastern Edge Realty Ltd. Clarenville
Multi-Family for sale: 6-8 Port Anne Heights, Arnolds Cove

48 photos

$669,000

6-8 Port Anne Heights, Arnolds Cove, Newfoundland & Labrador A0B 1A0

0 beds
0 baths
63 days

The Best Residental Investment on the Avalon. This two building quadplex design with 2 main floor 2 bedroom apartments and 2 self contained 2 bedroom lower level apartments. Eight apartments in total. Upon entry there is a common area that sets the stage for all units . Very meticulously maintained

Multi-Family for sale: 7 Ivanys Cove, Clarenville

19 photos

$899,962

7 Ivanys Cove, Clarenville, Newfoundland & Labrador A0E 2A0

0 beds
0 baths
41 days

Discover an exceptional investment in a prime location this 10 unit was build in 2011 and has over 2 acers of property included .well maintained, turnkey condition ,strong potential for income or future development , This property blends modern construction with natural beauty .making it

Rosemary Vaters,Royal Lepage Property Consultants LimitedListed by: Rosemary Vaters,Royal Lepage Property Consultants Limited
Multi-Family for sale: 148 Main Street, Grand Falls-Windsor

21 photos

$350,000

148 Main Street, Grand Falls-Windsor, Newfoundland & Labrador A2B 1J8

8 beds
4 baths
68 days

Investment Opportunity! This 4 Unit property located at 148 Main St. Grand Falls Windsor, within walking distance to shopping, recreation and schools. Each unit features private entrances, 2 spacious bedrooms, bathroom, open concept kitchen and living area. Kitchen equipped with Fridge, Stove,

Listed by: Jackie Warford,Royal Lepage Generation Realty
House for sale: 72 Whitbourne Avenue, Whitbourne

15 photos

$74,900

72 Whitbourne Avenue, Whitbourne, Newfoundland & Labrador A0B 3K0

2 beds
1 baths
38 days

Welcome to this cute little multi-level home in Whitbourne. With a little bit of love, this can be a beautiful and cozy place to call home. It has 2 bedrooms, and 1 bathroom which has been renovated to add some character. Downstairs you will find a sizeable rec room, complete with a bar…

Other for sale: 44 Merasheen Crescent, Arnold's Cove

23 photos

$189,900

44 Merasheen Crescent, Arnold's Cove, Newfoundland & Labrador A0B 1A0

6 beds
3 baths
39 days

Don’t miss this incredible opportunity to own a well-maintained 3-unit property, perfect for investors or owner-occupants! Nestled in Arnold's Cove, this versatile property offers a mix of residential appeal and strong income potential. Each spacious unit boasts 2 bedrooms, 1 bathroom,

Stephanie Mcgrath,3% Realty East CoastListed by: Stephanie Mcgrath,3% Realty East Coast
House for sale: 12 Power Street, Dunville

24 photos

$209,900

12 Power Street, Dunville, Newfoundland & Labrador A0B 1S0

4 beds
2 baths
46 days

This multi level home is cozy yet spacious. Situated at the end of Power Street in Dunville, with little traffic back and forth. Walking distance to St. Anne's academy, post office and gas station. This home features 4 different levels, all of which has something different to offer. Downstairs

Listed by: Rhonda Griffiths,Goldstone Real Estate Solutions Inc.
House for sale: 44 MAIN Street, CLARKES BEACH

26 photos

$310,000

44 Main Street, CLARKES BEACH, Newfoundland & Labrador A0A 1W0

4 beds
2 baths
40 days

Welcome to 44 Main Street, located in a peaceful and family-friendly neighbourhood in the heart of Clarke’s Beach. This inviting multi-level home sits on a beautifully landscaped oversized lot and has seen extensive exterior renovations in 2020, offering great curb appeal and long-term

Listed by: Peter Goulding,Hanlon Realty
Two Apartment House for sale: 21 Drakes Head Road, Clarenville

33 photos

$284,900

21 Drakes Head Road, Clarenville, Newfoundland & Labrador A5A 4G3

4 beds
3 baths
41 days

This beautifully renovated 2-apartment home in the heart of Clarenville offers a perfect blend of modern living and investment potential. The main floor features a spacious open-concept living and dining area, a recently renovated kitchen, three comfortable bedrooms, including a master with

House for sale: 319-321 Main Street, New-Wes-Valley

31 photos

$299,900

319-321 Main Street, New-Wes-Valley, Newfoundland & Labrador A0G 4R0

4 beds
3 baths
161 days

Welcome to 319 Main St. located in the scenic New-Wes-Valley! This freshly shingled 4 bed 3 bath multi-level home boasts newly installed mini splits, 2 sheds, a cozy sheltered firepit area, a greenhouse, and a breathtaking view of the Ocean. As you take your first steps into the property you're

Mackenzie Landry,Re/max Eastern Edge Realty Ltd. CarbonearListed by: Mackenzie Landry,Re/max Eastern Edge Realty Ltd. Carbonear
House for sale: 142 Paradise Road, Paradise

28 photos

$350,000

142 Paradise Road, Paradise, Newfoundland & Labrador A1L 3W2

4 beds
4 baths
45 days

Welcome to 142 Paradise Road – a beautifully maintained and spacious family home located in the heart of Paradise, just minutes from schools, shopping, and scenic walking trails. This impressive property offers a warm and inviting layout with plenty of room for the whole family. The main

Listed by: James Noftal,Exit Realty Aspire
House for sale: 54 Middle Ledge Drive, Logy Bay

9 photos

$1,250,000

54 Middle Ledge Drive, Logy Bay, Newfoundland & Labrador A1K 0L5

4 beds
4 baths
5 days

Welcome to 54 (Lot 37) Middle Ledge, a stunning custom home opportunity in the highly sought-after Wexford Estates. This exceptional property offers the perfect blend of privacy, luxury and convenience. Situated on a full-acre lot overlooking a tranquil pond and direct frontage along the esteemed

Listed by: Rob Bennett,Re/max Infinity Realty Inc. - Sheraton Hotel
House for sale: 91 SPRINGDALE Street, ST. JOHN'S

27 photos

$349,900

91 Springdale Street, ST. JOHN'S, Newfoundland & Labrador A1C 5B7

3 beds
2 baths
46 days

AS PER SELLERS DIRECTION, THERE IS NO CONVEYANCE OF OFFERS UNTIL APRIL 7 TH @ 5:00. PLEASE LEAVE ALL OFFERS OPEN TILL 10:00 FOR RESPONSE. SITTING ON THE DOORSTEP OF BEAUTIFUL DOWNTOWN ST. JOHN'S! WELCOME TO 91 SPRINGDALE STREET. THIS LARGE 3 LEVEL HOME IS READY FOR IT'S NEW OWNERS. WHETHER

Listed by: Jason Kearsey,Keller Williams Platinum Realty
House for sale: 53 MacPherson Avenue, Corner Brook

50 photos

$559,000

53 Macpherson Avenue, Corner Brook, Newfoundland & Labrador A2H 6Z4

5 beds
4 baths
6 days

Discover this exquisite executive residence nestled in the serene neighborhood of MacPherson Avenue! This captivating home offers four bedrooms and a main bathroom on the second floor, featuring a luminous primary bedroom adorned with custom-built cabinetry and an inviting ensuite. Descend

Randall Hobbs,Royal Lepage Nl Realty LimitedListed by: Randall Hobbs,Royal Lepage Nl Realty Limited
House for sale: 24 Kippens Road, Kippens

26 photos

$299,000

24 Kippens Road, Kippens, Newfoundland & Labrador A2N 1A7

3 beds
2 baths
49 days

A MUST SEE…This move-in ready, multi-level design is the perfect family home on a large lot. The main floor consists of the kitchen with lots of cupboard space and counter tops and tile back splash. The spacious living room and dining room has lots of space to entertain. The lower level

Don Gibbon,Re/max  Realty Professionals Ltd. - StephenvilleListed by: Don Gibbon,Re/max Realty Professionals Ltd. - Stephenville
Two Apartment House for sale: 30 Motion Bay Road, Petty Harbour/ Maddox Cove

34 photos

$345,000

30 Motion Bay Road, Petty Harbour/ Maddox Cove, Newfoundland & Labrador A0A 3H0

5 beds
2 baths
54 days

Welcome to 30 Motion Bay Road, Located in the scenic coastal community of Maddox Cove! This well-maintained home features a bright and spacious 3-bedroom, 1-bath main unit, plus a 2-bedroom, 1-bath basement apartment — ideal for rental income or multi-generational living. Enjoy peace

Matt Chafe,Exp RealtyListed by: Matt Chafe,Exp Realty
House for sale: 1 Woodland Drive, Steady Brook

34 photos

$450,000

1 Woodland Drive, Steady Brook, Newfoundland & Labrador A2H 2N2

4 beds
2 baths
10 days

Truly a rare opportunity, that a home on this quiet little street comes available to own. 1 Woodland Place, is exactly that property, as it's only owners are now ready to part ways with their beautiful home full of great times and family memories. Built in 1980, this over 2200 sq ft. multi

Stephen Shepherd,Re/max Realty Professionals Ltd. - Corner BrookListed by: Stephen Shepherd,Re/max Realty Professionals Ltd. - Corner Brook
House for sale: 61 Crooked Lake Road, Badger

32 photos

$442,000

61 Crooked Lake Road, Badger, Newfoundland & Labrador A0H 1A0

3 beds
3 baths
5 days

GORGEOUS PROPERTY WITH A STUNNING LAKE VIEW - METICULOUS! Located in Central Newfoundland, a fishing, hunting, boater and ATV'ing dream property! This property is partially landscaped and contains a massive garage, fully developed with 10' ceilings(28'X36'). This multi level home has much

Mark Beson,Re/max  Central Real Estate Ltd. - Grand Falls-winListed by: Mark Beson,Re/max Central Real Estate Ltd. - Grand Falls-win

Exploring Multi-Family Real Estate in Newfoundland and Labrador

Newfoundland and Labrador, the easternmost province of Canada, offers a unique blend of natural beauty and vibrant communities, making it an attractive destination for real estate investment. Among the various property types available, multi-family homes present a compelling opportunity for both investors and homebuyers seeking to capitalize on the region's potential. This article delves into the intricacies of multi-family real estate in Newfoundland and Labrador, covering zoning regulations, resale potential, lifestyle appeal, and seasonal market trends.

Zoning Regulations: Navigating the Legal Landscape

Understanding zoning regulations is crucial when considering multi-family properties in Newfoundland and Labrador. The province's municipalities have specific zoning bylaws that dictate the types of structures that can be built in certain areas. For instance, areas zoned for detached houses may not permit multi-family developments. Therefore, it's essential to consult with local planning departments to ensure compliance with zoning laws.

Investors should also be aware of potential zoning changes that could impact property values. Municipalities may rezone areas to accommodate growing populations or to encourage specific types of development. Staying informed about these changes can provide a strategic advantage, allowing investors to capitalize on emerging opportunities.

Resale Potential: Maximizing Your Investment

The resale potential of multi-family properties in Newfoundland and Labrador is influenced by several factors, including location, property condition, and market demand. Properties located in thriving communities, such as South River, tend to attract more buyers, thereby enhancing resale value. Additionally, well-maintained properties with modern amenities are more likely to command higher prices.

Investors should also consider the broader market trends. For example, the demand for condos and cottages in the province can provide insights into buyer preferences, which can, in turn, affect the desirability of multi-family homes. By aligning investments with market trends, investors can enhance their chances of achieving a profitable resale.

Lifestyle Appeal: Attracting Tenants and Buyers

Newfoundland and Labrador's unique lifestyle appeal is a significant draw for both tenants and buyers. The province's stunning landscapes, rich cultural heritage, and friendly communities make it an attractive place to live. Multi-family properties in areas with easy access to natural attractions, such as hiking trails and coastal views, are particularly appealing.

Moreover, the province's vibrant arts scene and community events contribute to a high quality of life, making it an ideal location for those seeking a balanced lifestyle. Properties in culturally rich areas, such as Victoria, are likely to attract a diverse range of tenants and buyers, enhancing the property's value.

Seasonal Market Trends: Timing Your Investment

Understanding seasonal market trends is essential for making informed investment decisions in Newfoundland and Labrador. The province's real estate market experiences fluctuations throughout the year, influenced by factors such as weather conditions and tourism patterns. For instance, the demand for cabins and cottages tends to peak during the summer months when tourists flock to the region.

Investors should also be aware of the impact of seasonal employment on the rental market. Areas with industries that experience seasonal fluctuations, such as fishing and tourism, may see changes in rental demand throughout the year. By timing investments to align with these trends, investors can optimize rental income and property appreciation.

Comparative Insights: Learning from Other Regions

While Newfoundland and Labrador offer unique opportunities, investors can gain valuable insights by examining multi-family markets in other regions. For example, the multi-family market in Cochrane, Ontario, provides a useful comparison in terms of zoning challenges and market dynamics. Similarly, the Sandy Beach and Windsor markets offer insights into tenant preferences and investment strategies.

By analyzing these markets, investors can identify best practices and potential pitfalls, allowing them to make more informed decisions in Newfoundland and Labrador. Additionally, understanding the broader Canadian multi-family market, such as the Ontario market, can provide context for local trends and help investors anticipate future developments.

In conclusion, investing in multi-family properties in Newfoundland and Labrador requires a comprehensive understanding of zoning regulations, market trends, and lifestyle appeal. By staying informed and strategically aligning investments with market dynamics, investors can maximize their returns and contribute to the province's vibrant real estate landscape.