Welcome to 20 Coronet Avenue – A Turnkey Income Property in the Heart of Halifax Located in a quiet, family-friendly neighborhood with minimal through traffic, 20 Coronet Avenue is a prime opportunity for investors or homeowners seeking strong rental potential. This property now features three self-contained units – two spacious flats plus a newly added one-bedroom basement unit, offering excellent versatility for multi-family living or maximizing rental income. Ideally situated just minutes from downtown Halifax, this property is walking distance to: Halifax Shopping Centre Grocery stores and pharmacies Public transit stops Parks and recreational facilities A selection of elementary and high schools, making it appealing to families and long-term tenants With its central location and triple-unit layout, 20 Coronet Avenue offers steady cash flow potential in one of Halifax’s most accessible residential areas. Whether you're a seasoned investor or first-time buyer looking to live in one unit and rent the others, this property delivers both value and opportunity. Current Rental Breakdown: Unit #22 (Upper level): Rented for $1,850/month, with heat and water included. Tenant pays their own power. Basement unit (1-bedroom): Rented for $1,150/month, all utilities included. Unit #20 (Main level): Rented for $2,200/month, with heat and water included. Tenant pays their own power as well.
St. Margarets Bay Road to Coronet Avenue
Listing Sub-Area:
8-Armdale/Purcell's Cove/Herring
Property Type:
Multi-Family
Multi-Family Type:
Other
Title To Land:
Freehold
Building Dimenions:
27x50
Lot Size:
5,001 sq. ft.465 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
2
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Hardwood, Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Hot Water, Radiator
Fuel:
Oil
Garage Description:
N/A
Parking:
Yes
Parking Description:
On-side Parking
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
$180
Sewer:
Municipal
Num Units:
2
Num 1 Bed Units:
1
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Fridges:
3
# Of Stoves:
3
Rental Income:
Yes, $5100 /month
Approx. Net Income:
$3600 /monthly (approx)
Insurance Expense:
$200
Taxes Costs:
$500
Other Costs:
$20
Maintenace:
100.0
Heating Bill:
$350
Electricity Bill:
$150
Approx. Total Expense:
$1500 /monthly (approx)
Approx. Total Income:
$5100
None
None
No
Zoning:
R-2P
Possession Info:
Negotiable
Elementary School:
Springvale Elementary School
High School:
Citadel High School
Middle School:
St Agnes Junior High School
Listed Date:
Jun 09, 2025
Days on Mkt:
26
Front Of Structure
Floor plan unit #20
Hallway
Kitchen unit #20
Kitchen with white appliances, white cabinetry, open shelves, and light tile patterned floors
AI generated Bedroom
AI generated
AI generated Living Room
AI generated
Powder room
AI generated
AI generated
AI generated Bedroom Picture
Other
Laundry
Bathroom
Kitchen
Unit #22
Floor plan Unit #22
AI generated Living Room
Living Room
AI generated
Kitchen
Kitchen
Photo 25 of 50
AI generated Room
AI generated Laundry
Front Of Structure
Floor plan One bedroom Unit
Kitchen
Kitchen
Kitchen
Living Area
AI generated Bedroom
Bedroom
Bathroom
Back Of Structure
AI generated
AI generated
Back Of Structure
AI generated
View of front of house with stairway and a chimney
Data was last updated July 5, 2025 at 03:20 AM (UTC)
Area Statistics
Listings on market:
113
Avg list price:
$925,000
Min list price:
$369,900
Max list price:
$5,250,000
Avg days on market:
57
Min days on market:
1
Max days on market:
862
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.