116 Coronation Avenue Halifax, Nova Scotia B3N 2N1
$519,900
Welcome to 116 Coronation Ave! This 2-unit bungalow is located in the heart of Fairview and has a capitalization rate of 5.3%. The upper unit features 2 bedrooms, 1 bathroom, electric baseboard heating, and a ductless heat pump. The tenant currently pays $1,375/month + NSP on a fixed-term lease until September 30, 2026. The lower unit offers 1 bedroom, 1 bathroom, and was fully renovated in 2019. It also includes electric baseboard heating and a ductless heat pump. The tenant currently pays $1,400/month + NSP on a fixed-term lease until August 31, 2026. There's enough parking for two cars, one for each unit. With its prime Fairview location, this property offers strong rental appeal and consistent demand, making it easy to fill vacancies when they arise. Total rental income is $33,300. Property taxes for 2026 are $3,037.28. Current annual insurance cost is $1,951.92. Last year's water bill expense was only $663.39. Current NOI is $27,647.41. (id:29604)
Property Details
| MLS® Number | 202609146 |
| Property Type | Multi-family |
| Community Name | Halifax |
Building
| Basement Features | Walk Out |
| Basement Type | Full |
| Constructed Date | 1960 |
| Exterior Finish | Wood Shingles |
| Flooring Type | Ceramic Tile, Laminate |
| Foundation Type | Concrete Perimeter |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.1374 |
| Size Total | 0.1374 Ac |
| Size Total Text | 0.1374 Ac |
https://www.realtor.ca/real-estate/29678540/116-coronation-avenue-halifax-halifax
Interested?
Contact us for more information
Andrew Stephens
https://www.andrealtygroup.ca/
107 - 100 Venture Run, Box 6
Dartmouth, Nova Scotia B3B 0H9
(902) 444-3948
(902) 442-1825
www.exitmetro.ca/
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April 30 2026 04:34:04
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