116 Coronation Avenue
Halifax, Nova Scotia, B3N2N1
For Sale | $499,900
Key facts
- Property type: Multi-family
- Structure: Duplex
- Transaction: For Sale
- Price: $499,900
- Lot size: 0.1374
- Year built: 1960
- Listing key: 29678540
Listing overview
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 class="container" id="details-container",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 class="container" id="details-container",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 class="container" id="details-container",951.92. Last year's water bi...

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