Buying or Selling your House in Western Newfoundland and Labrador

556 Empire Avenue

St. John’s, Newfoundland & Labrador

$419,900

Quick Summary

Location
St. John’s, Newfoundland & Labrador
Price
$419,900
Building Type
Two Apartment House
Property Type
Single Family
Status
For sale
Area
2060 sqft
Beds
5
Baths
3
Age
n/a
Postal Code
A1E 1W9
MLS®
1287047
Courtesy Of
Atlantic Team Realty Incorporated
Database ID:56289 DDF Feed ID: 28525731 Latitude: 47.548255 Longitude: -52.751991

Property Description

Welcome to 556 Empire Avenue — a solid, two-apartment home in a prime, high-demand location between Memorial University, Churchill Square, and downtown St. John’s. This area has long been a hotspot for consistent rental income, with steady demand from students, healthcare workers, and young professionals alike. Walkable, well-connected, and close to absolutely everything — groceries, coffee shops, parks, gyms, transit routes, MUN, the Health Sciences Centre, and downtown’s dining and nightlife — this is the kind of central location investors love. The property is fully occupied with two strong rental streams in place: the upstairs unit is leased at $1,995/month (internet and cable included) until October 1, 2025, with the tenant scheduled to vacate at that time — perfect timing for an owner-occupier or a re-list at market value. The lower unit is bringing in $1,075/month, also including internet and cable, and has been an easy, reliable rental — with the current tenant scheduled to vacate November 30, 2025. Each unit has its own entrance, and the home has been well maintained, making it a solid turn-key addition to your portfolio or an ideal first purchase with major mortgage-helping potential. This stretch of Empire Avenue is filled with classic homes, long-term residents, and investment properties that rarely sit vacant. With rising rental rates in the city, close proximity to major institutions, and a flexible occupancy timeline upstairs, 556 Empire offers immediate income, low vacancy risk, and long-term upside in a location that’s only getting stronger. Whether you’re a seasoned investor or a savvy buyer looking for a foothold in the city, this one is a no-brainer. As per seller’s direction, there will be no conveyance of offers prior to 12:00PM on Monday, June 30th, 2025, to be left open until 3:00PM on Monday, June 30th, 2025. (id:47053)

Contact An Agent

I prefer to be contacted via

Building Information

  • Building Type: Two Apartment House
  • 5 Beds
  • 3 Baths
  • 1 Half bathroom
  • Area: 2060 sqft
  • Baseboard heaters
  • Electric Heat
  • Air exchanger
  • Vinyl siding
  • Flooring: Laminate, Mixed Flooring
  • Municipal water
  • Patio(s)

Full Details

MLS® Number:1287047
Ownership Type:Freehold
Price:$419,900
Property Type:Single Family
Structure:Patio(s)
Transaction Type:For Sale
Zoning Description:Res
More Information Link: https://www.realtor.ca/real-estate/28525731/556-empire-avenue-st-johns

Size Total Text:50 x 115|under 1/2 acre
Access Type:Year-round access
Amenities:Recreation, Shopping
Sewer:Municipal sewage system
Size Irregular:50 x 115

Bathroom Total:3
Bedrooms Total:5
Appliances:Dishwasher, Refrigerator, Stove, Washer, Dryer
Constructed Date:2007
Construction Style Split LevelSplit level
Cooling Type:Air exchanger
Exterior Finish:Vinyl siding
Flooring Type:Laminate, Mixed Flooring
Half Bath Total:1
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:2060 sqft
Type:Two Apartment House
Utility Water:Municipal water

Level Type Dimensions
Basement Not known Full Bath
Basement Not known 9’0” x 9’0”
Basement Not known 12’6” x 8’6”
Basement Not known 8’6” x 5’2”
Basement Not known 13’6” x 10’6”
Basement Utility room 13’6” x 12’0”
Basement Recreation room 16’6” x 9’0”
Main level Ensuite Half
Main level Bath (# pieces 1-6) Full
Main level Bedroom 9’2” x 8’8”
Main level Bedroom 10’0” x 9’6”
Main level Bedroom 12’0” x 12’0”
Main level Living room 18’0” x 13’6”
Main level Kitchen 12’6” x 11’6”
Listing information last updated on 2025-06-26 16:13:15 -0230
Search Properties
Mortgage Calculator
$
$
%
Years

This calculator is for demonstration purposes only.
Exclusive Listings