Multi-Family for Sale in Halifax
116 Coronation Avenue, Halifax, NS
- 3 BEDS
- 5,985.14 sq.ft. Land
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- Multi-Family for Sale in Halifax
Key Facts
- MLS® #: 202609146
- Property ID: SIRC3300245
- Property Type: Residential, Duplex
- Lot Size¹: 5,985.14 sq.ft.
- Year Built: 1960
- Bedrooms: 3
- Parking Spaces: 2
- Listed By:
- Exit Realty Metro
Property 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.
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Location
116 Coronation Avenue, Halifax, Nova Scotia, B3N 2N1 Canada
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The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Nova Scotia Association of REALTORS® assumes any responsibility or liability.¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.