63 Suvla Street
St John's, Newfoundland & Labrador, Newfoundland & Labrador, A1C4Z5

Property description

Now available in one of St. John’s most sought-after and centrally located neighborhoods, this spacious five-bedroom, one-and-a-half-bath home offers incredible versatility and value—perfect for families, investors, or parents of students attending nearby post-secondary institutions. Located just minutes from Memorial University, the College of the North Atlantic, the Taxation Centre, Avalon Mall, and major bus routes—with downtown only a 20-minute walk—this property sits in a high-demand rental area and has consistently generated over $2,000 per month in rental income. Laundry can be move back upstairs in the bedroom adjacent the living room. All pipes and electrical are easily accessed to make this change if desired. Situated on a corner lot with off-street parking off Empire Avenue, the home features electric heat and all PEX plumbing. The main bathroom was fully renovated in 2024, and a new deck and retaining wall were completed in the parking area the same year. Extensive upgrades were completed in 2013, including new shingles and pre-engineered roof trusses, attic and exterior insulation (including Styrofoam sheathing), vinyl siding, a 200-amp electrical panel, updated plumbing, and a renovated half-bath. These improvements ensure modern comfort, energy efficiency, and long-term peace of mind. Whether you're looking to move in, accommodate family members, or continue its use as a proven income-generating property, this home offers outstanding flexibility and convenience. A recent home inspection from 2023 is available for review, and with quick closing available, this is a rare opportunity to secure a solid property in one of St. John’s top investment and student rental zones.

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