Two-Apartment Homes

Two-apartment homes are among the best real estate investments in St. John's, offering homeowners the flexibility to rent a second unit, significantly offsetting monthly mortgage payments and enhancing long-term property value. These properties generally feature fully independent secondary suites with separate entrances, kitchens, and baths, allowing owners to comfortably live in the primary unit while generating rental income or accommodating multigenerational families. Considering buying a two-apartment property in St. John's? Our licensed REALTORS® track price trends, real estate statistics, and neighbourhood insights to help you buy with confidence. Contact the Hann Group today to start your home search, or click to learn more.



Multi-Family Income Property Multi-Unit

Split-entry two-apartment home in St. John’s with brown siding, red door, and double garage.

Real Estate Statistics

Average Price $443K
Lowest Price $175K
Highest Price $1.2M
Total Listings 54
Avg. Price/SQFT $189

Property Types (active listings)

Browse Two-Apartment Homes for Sale in St. John's

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New
5 Mcloughlan Street, St. John's

$324,900

5 Mcloughlan Street, St. John's

5 Beds 2 Baths 2,320 SqFt Single Family MLS® # 1291507

3% Realty East Coast

New
9 Tamarack Street, St. John's

$389,900

9 Tamarack Street, St. John's

5 Beds 2 Baths 1,200 SqFt Single Family MLS® # 1291528

RE/MAX Infinity Realty Inc. - Sheraton Hotel

New
33 Halls Road, St. John's

$379,900

33 Halls Road, St. John's

6 Beds 2 Baths 2,476 SqFt Single Family MLS® # 1291326

eXp Realty

New
12a Cornwall Avenue, St. John's

$319,900

12a Cornwall Avenue, St. John's

4 Beds 2 Baths 1,800 SqFt Single Family MLS® # 1291407

Royal LePage Atlantic Homestead

New
10 Grenfell Avenue, St. John's

$329,900

10 Grenfell Avenue, St. John's

5 Beds 2 Baths 2,308 SqFt Single Family MLS® # 1291399

Royal LePage Atlantic Homestead

New
6 Chimo Place, St. John's

$369,000

6 Chimo Place, St. John's

4 Beds 2 Baths 2,360 SqFt Single Family MLS® # 1291397

RE/MAX Realty Specialists

New
24 Huntingdale Drive, St. John's

$549,900

24 Huntingdale Drive, St. John's

6 Beds 4 Baths 4,117 SqFt Single Family MLS® # 1291400

Keller Williams Platinum Realty

New
36 Rotary Drive, St. John's

$459,954

36 Rotary Drive, St. John's

5 Beds 4 Baths 2,152 SqFt Single Family MLS® # 1291144

RE/MAX Infinity Realty Inc. - Sheraton Hotel

New
17 Brownrigg Place, St. John's

$359,900

17 Brownrigg Place, St. John's

4 Beds 2 Baths 2,260 SqFt Single Family MLS® # 1291048

Keller Williams Platinum Realty

New
20 Walsh's Lane, St. John's

$459,900

20 Walsh's Lane, St. John's

5 Beds 3 Baths 2,300 SqFt Single Family MLS® # 1291325

3% Realty East Coast

New
42 Burgeo Street, St. John's

$359,900

42 Burgeo Street, St. John's

4 Beds 2 Baths 2,232 SqFt Single Family MLS® # 1291348

Hanlon Realty

New
7 Herder Place, St. John's

$399,900

7 Herder Place, St. John's

5 Beds 2 Baths 2,200 SqFt Single Family MLS® # 1291109

RE/MAX Infinity Realty Inc. - Sheraton Hotel

1 Cambridge Avenue, St. John's

$324,900

↓ $25,000

1 Cambridge Avenue, St. John's

5 Beds 3 Baths 2,280 SqFt Single Family MLS® # 1291307

Century 21 Seller's Choice Inc.

11 Anderson Avenue, St. John's

$419,000

11 Anderson Avenue, St. John's

7 Beds 3 Baths 2,270 SqFt Single Family MLS® # 1291306

RE/MAX Realty Specialists

9 Edgecombe Drive, St. John's

$379,900

9 Edgecombe Drive, St. John's

5 Beds 2 Baths 2,280 SqFt Single Family MLS® # 1291269

RE/MAX Realty Specialists

13 Mountainview Drive, St. John's

$629,900

13 Mountainview Drive, St. John's

5 Beds 4 Baths 2,800 SqFt Single Family MLS® # 1291231

Century 21 Seller's Choice Inc.

65 Hopedale Crescent, St. John's

$479,900

65 Hopedale Crescent, St. John's

4 Beds 3 Baths 2,462 SqFt Single Family MLS® # 1291243

Royal LePage Atlantic Homestead

22 Weymouth Street, St. John's

$329,900

22 Weymouth Street, St. John's

6 Beds 2 Baths 2,166 SqFt Single Family MLS® # 1291046

3% Realty East Coast

41 Plymouth Road, St. John's

$379,900

41 Plymouth Road, St. John's

3 Beds 2 Baths 1,326 SqFt Single Family MLS® # 1291038

RE/MAX Realty Specialists

78 Virginia Place, St. John's

$449,900

78 Virginia Place, St. John's

4 Beds 4 Baths 2,775 SqFt Single Family MLS® # 1291074

Keller Williams Platinum Realty

61 Halls Road, St. John's

$399,900

61 Halls Road, St. John's

5 Beds 3 Baths 2,260 SqFt Single Family MLS® # 1290481

RE/MAX Infinity Realty Inc. - Sheraton Hotel

92 Cornwall Avenue, St. John's

$399,900

92 Cornwall Avenue, St. John's

5 Beds 2 Baths 2,560 SqFt Single Family MLS® # 1290986

Century 21 Seller's Choice Inc.

6-8 Gill Place, St. John's

$299,900

6-8 Gill Place, St. John's

3 Beds 2 Baths 1,396 SqFt Single Family MLS® # 1290868

Royal LePage Property Consultants Limited

45 Neptune Road, St. John's

$395,000

45 Neptune Road, St. John's

5 Beds 2 Baths 2,309 SqFt Single Family MLS® # 1290936

RE/MAX Infinity Realty Inc.

Row of modern split-entry two-apartment homes with light-grey siding, driveways and parked cars, set against a clear blue sky.
Dual Suites, Flexible Living

Advantages of Buying Two-Apartment Homes

  • 01
    Mortgage Helper: Rent one apartment unit to substantially reduce your monthly mortgage payments
  • 02
    Multigenerational Living: Provide family members independent yet conveniently close living spaces, ideal for multigenerational households
  • 03
    Reduced Expenses: Lower ongoing costs through shared utilities and consolidated property taxes, compared to managing separate properties
  • 04
    Investment Stability: St. John's has strong rental demand, resulting in steady cash flow and increasing long-term property resale values

Why Invest in Two-Apartment Homes in St. John's?

Two apartment homes are a hot commodity in the St. John's real estate market. With multi-family properties frequently setting record sale prices, these homes consistently outperform single-family houses.

Key advantages of investing in  two-apartment homes include:

  • High Rental Demand: Vacancy rates are consistently low (~2%), with attractive average rents of around $1,250/month for two-bedroom units.
  • Significant Mortgage Offset: Rental income typically covers 70–80% of the homeowner's monthly mortgage.
  • Fewer Restrictions: Unlike condos, two-apartment homes avoid monthly fees, pet restrictions, and rental limitations, ensuring higher returns and easier resale.
  • Strong Market Liquidity: Two-apartment listings typically sell faster, increasing liquidity.

These factors make two-apartment homes an attractive choice for both investors and first-time buyers. 

Quiet residential street in St. John's, Newfoundland, showcasing charming homes, tree-lined sidewalks, and rolling hills in the distance under clear skies.

St. John's Two-Apartment Homes Frequently Asked Questions

Q: Can I rent out both units in a two-apartment home?

A: Yes, you can rent both units or live in one and rent the other.

Q: What are typical costs for maintaining a two-apartment home?

A: Maintenance costs include property tax, insurance, general upkeep and in some cases utilities.

Q: Are two-apartment homes a good investment?

A: Yes, they offer steady rental income, lower costs per unit compared to a single family unit, and strong resale value.

Q: What zoning or regulations apply two-apartment homes in St. John's?

A: Properties must meet National Building Code requirements and city zoning rules allowing one subsidiary apartment per dwelling.

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