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$519,900
Nova Scotia,Halifax
For Sale Active
116 Coronation Avenue, Halifax, Nova Scotia B3N2N1
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 202609146
  • Price: $519,900
  • Year Built: 1960
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 59932
Features & Appliances
Features
  • Basement: Full, Walk out
  • Exterior Features: Wood shingles
  • Flooring: Laminate, Ceramic Tile
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Nova Scotia, Halifax, B3N2N1
  • Street: Coronation
  • Street Number: 116
  • Street Suffix: Avenue
  • Longitude: W64° 21' 27.5''
  • Latitude: N44° 39' 11.8''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 0.1374
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Listing updated: 2026-05-05 06:26:35
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Listing Information
  • List Agent Key: 1977023
  • List Office Key: 59932
  • Modification Timestamp: 2026-04-30T16:40:42Z
  • Originating System Name: Nova Scotia Association of REALTORS®
  • Status Change Timestamp: 2026-04-30T16:34:04Z
Powered by REALTOR.ca
Listing updated: 2026-05-05 06:26:35
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