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- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202609146
- Year Built:
- 1960
- Photos (19)
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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.
- Main Ave to Willet to Coronation.
- Listing Sub-Area:
- 6-Fairview
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Building Dimenions:
- 23 x 30
- Lot Size:
- 5,985 sq. ft.
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 2
- Year built:
- 1960 (Age: 66)
- Age:
- 66
- Exterior Finish:
- Wood Shingles
- Foundation:
- Concrete
- Basement:
- Full, Walkout
- Floor Finish:
- Ceramic, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- Double
- Driveway:
- Double
- Water Supply:
- Municipal
- Water And Sewage:
- 663.39
- Sewer:
- Municipal
- Num Units:
- 2
- Num Bachelor Units:
- 0
- Num 1 Bed Units:
- 1
- Num 2 Bed Units:
- 1
- Num 3 Bed Units:
- 0
- Num 4 Bed Units:
- 0
- # Of Dishwashers:
- 2
- # Of Dryers:
- 2
- # Of Fridges:
- 2
- # Of Stoves:
- 2
- # Of Washers:
- 2
- Rental Income:
- Yes, 33,300
- Approx. Net Income:
- 27,647.41
- Insurance Expense:
- 1,951.92
- Taxes Costs:
- 3,037.28
- Heating Bill:
- Tenants
- Electricity Bill:
- Tenants
- Approx. Total Expense:
- 5,652.59
- Approx. Total Income:
- 33,300
- Appliances
- None
- None
- No
- Zoning:
- R-2 - RESIDENTIAL MEDIUM DENISTY
- Possession Info:
- Negotiable
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Listed by Exit Realty Metro
Data was last updated May 4, 2026 at 09:20 AM (UTC)
Area Statistics
- Listings on market:
- 105
- Avg list price:
- $839,900
- Min list price:
- $275,000
- Max list price:
- $4,500,000
- Avg days on market:
- 39
- Min days on market:
- 2
- Max days on market:
- 560
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
Keller Williams Select Realty
222 Waterfront Drive, Suite 106
Halifax, NS, B4A 0H3