116 Coronation Avenue, Halifax, (MLS® 202609146) REMAX NOVA
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116 Coronation Avenue, Halifax

$519,900 For Sale

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.

Listing Details

Address
116 Coronation Avenue, Halifax, B3N 2N1
Status
ACTIVE
Listing Price
$519,900
MLS®
202609146
Type
n/a
Style
---
Age
66
PID
00254110
Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete
Roof
Asphalt Shingle
Exterior Finish
Wood Shingles
Flooring
Ceramic,Laminate

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REMAX NOVA
  • REMAX NOVA
  •  (902) 468-3400
  •  (888) 450-4080
  •   E-Mail

Listing Courtesy of Exit Realty Metro

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Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
Appliances

Sales History

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Halifax Regional Municipality Data

Zoning
R-2
By-Law Code:
Polling District
Halifax – Bedford Basin West
Concillor: Kathryn Morse
Waste Collection
WEDNESDAY
Contractor: REgroup

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

676

Median Age

39.5

Avg Household Size

2.1

Avg House Income

$71K

Age of Residents

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

Marital Status

The maritial status of the people in this area.

Household Income

The average household income within this area.

Ownership

The number of people that rent versus own.

Construction Date

When the buildings in the area were constructed.

Children At Home

The number of children at home for the given age ranges.

Occupation

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $376,200 ---
2023 $313,500 ---
2022 $259,400 ---
2021 $229,300 ---
2020 $222,800 ---
2019 $174,900 ---
2018 $178,100 ---
2017 $173,000 ---
2016 $171,200 ---
2015 $172,600 ---
2014 $165,900 ---
2013 $152,600 ---
2012 $152,000 ---

Maps

Mortgage Inquiries

If you have any questions regarding financing for this listing, or if you would like to get pre-approved for a mortgage, please contact:

Luke Jessiman

Luke Jessiman

Mortgage Alliance

Luke Jessiman

(902) 329-5170
Last Updated On: 4/30/2026 3:35:16 PM (UTC)