Over 9% Caprate, Cashflow Positive, Duplex + Large Empty Lot Area Under-Going Severance to Separate to TWO Lots with Dimension 70x64 Feet and 45x70 Feet, with the Second Lot Having a Proposed Residential Dwelling, Huge Value! 2-Storey Large Home with Two 2 Bedroom, 1 Bathroom Units, Both Units Above Grade + Unfinished Basement Split in Half for Each Unit's Usage & Storage, All Utilities Are Separate, 2 Hydro Meters, 2 Water Meters, 2 Gas Meters. 2 Furnaces, 2 A/C Units, 2 Laundry Rooms, 2 100 Amp Electrical Panels, 2 Hot Water Tanks. Or You can Convert This into a Single Family Home with 4 Bedrooms & 2 Full Bathrooms for Your Large Family. Each Unit Has Their Own Un-Obstructed Driveway Entrance. Entire Property was Renovated with a City Permit in 2022, Almost Everything is New Including the Windows, Flooring, Stainless Steel Kitchen Appliances, Bathrooms, Shear Shades, Countertops, Doors, Baseboards, Drywall, Insulation, & More. The Basement Has Been Maintained and Structurally Fortified Over the Years. THREE Sources of Rental Income From Both Units + Directional Hospital Sign. Upper Unit is VACANT (Market Rent is $2,250 + Utilities), Ground Floor Unit is $2,250 + Utilities, and Hospital Pays $4,000/year for the Sign. Severing the Lot will Unlock $100k+ & More. Norfolk General Hospital is within Walking Steps. Also Within Walking Steps Include Elgin Avenue School, Food Basics, Giant Tiger, Simcoe Town Centre Shopping Mall, Trails, Parks & More. Don't Miss Out on this Ideal Duplex. A Solid & Amazing Investment to Add or Start with Your Portfolio. Living in One Unit & Renting the Other + Bonus From Selling Residential Severed Lot Would be Another Great Accelerated House-Hacking Idea. You Could Build the New Home on the Severed Lot Yourself!
Address
252 Robinson Street
List Price
$599,000
MLS® Status
New
Expiration Date
2026-12-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Norfolk
Sub-Area
Simcoe
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
12
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Depth
109
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
69
Parcel Number
502230120
Parcel of Tied Land
No
Occupant Type
Tenant
Cross Street
Queen St S & Robinson St
Approx. Age
100+ Years
MLS® Number
X12958240
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Full, Unfinished, Separate Entrance
Postal Code
N3Y 1X5
Parking
Private
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$2,534.00
Tax Year
2025
Site Influences
Hospital, Public Transit, School, School Bus Route
Interior Features
Accessory Apartment, Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Sewage Pump, Storage, Sump Pump, Water Heater Owned
Property Features
Public Transit, Hospital, School, School Bus Route
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
South
Fireplace
Yes
Fireplace Features
Electric, Living Room
Foundation Details
Stone, Poured Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 1-3 BLK 89 PL 182 PT 1 & 2 37R6182; NORFOLK COUNTY
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.42 x 4.67 | |
| Main | Bedroom | 4.04 x 2.44 | |
| Main | Bedroom | 4.04 x 2.44 | |
| Main | Kitchen | 4.67 x 3.61 | |
| Main | Laundry | 3.3 x 1.27 | |
| Main | Foyer | 1.27 x 3.2 | |
| Second | Living Room | 4.65 x 4.24 | |
| Second | Bedroom | 2.29 x 4.01 | |
| Second | Bedroom | 2.26 x 4.01 | |
| Second | Kitchen | 3.2 x 3.3 | |
| Second | Laundry | 1.65 x 2.59 | |
| Basement | Utility Room | 4.22 x 4.5 | |
| Basement | Workshop | 4.47 x 5.51 | |
| Basement | Furnace Room | 5.21 x 4.5 |