116 Coronation Avenue, Halifax, Nova Scotia B3N 2N1

Listed for:
$519,900
0 beds
0 baths
Listed 18 days ago
Duplex for rent: 116 Coronation Avenue, Halifax, Nova Scotia B3N 2N1

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About

Main Ave to Willet to Coronation. 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:27476)

Property Highlights

MLS® Number
202609146
Type
Multi-family
Community Name
Halifax
Ownership Type
Freehold
Land Size
0.1374 ac

Building

Building Type
Duplex
Exterior Finish
Wood shingles
Fireplace Present
No
Basement Type
Full
Basement Features
Walk out
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Exit Realty Metro
MLS® number:
202609146
Agent:
Andrew Stephens
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