9 Forbes Street - Main photo, St. John's, Newfoundland & Labrador

9 Forbes Street - Photo 2 of 4, St. John's, Newfoundland & Labrador

9 Forbes Street - Photo 3 of 4, St. John's, Newfoundland & Labrador

9 Forbes Street - Photo 4 of 4, St. John's, Newfoundland & Labrador

9 Forbes Street - Photo 1 of 4, St. John's, Newfoundland & Labrador

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$3,275,000

9 Forbes Street — St. John's, Newfoundland & Labrador

A1E3L3

0Beds

1968Built

About This Property

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:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 0
Year Built: 1968
Status: Active

Location & Neighborhood

What's nearby 9 Forbes Street

Nearby Schools

Day Care
elementary
0.8 km

Transit Access

Topsail Road by Shoppers Drug Mart
Bus Stop
0.1 km
Topsail Road by Hazelwood Elementary
Bus Stop
0.1 km
Topsail Road East of Forbes Street
Bus Stop
0.3 km
Topsail Road - 352
Bus Stop
0.3 km
The Village Shopping Centre
Bus Stop
0.3 km

Local Amenities

Pharmacy

Shoppers Drug Mart33m
Lawton's Drugs0.8 km

Fitness

GoodLife Fitness0.3 km

Dining

Peter's Pizza0.5 km
Red Pepper0.5 km

Banking

CIBC0.5 km

Grocery

Sobeys0.7 km

Coffee & Cafes

Tim Hortons0.8 km

POI data updated 4/7/2026

St. John's Market Snapshot

188

Active Listings

$427K

Median Price

Avg Days on Market

Last updated: Apr 1, 2026

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Listed by

RE/MAX Infinity Realty Inc. - Sheraton Hotel

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$3,275,000