252 Robinson Street Simcoe, Ontario N3Y 1X5
$599,000
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 $2,400 + 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! (id:63008)
Property Details
| MLS® Number | 40814637 |
| Property Type | Single Family |
| AmenitiesNearBy | Hospital, Schools, Shopping |
| CommunityFeatures | School Bus |
| Features | Crushed Stone Driveway, Sump Pump |
| ParkingSpaceTotal | 6 |
| Structure | Porch |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Water Meter, Window Coverings |
| ArchitecturalStyle | 2 Level |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructedDate | 1900 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Smoke Detectors |
| Fixture | Ceiling Fans |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1890 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 69 Ft |
| SizeFrontage | 109 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 (urban Residential Type 2) |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 3pc Bathroom | Measurements not available | ||
| Second Level | Laundry Room | 5'5'' x 8'6'' | ||
| Second Level | Kitchen | 10'6'' x 10'10'' | ||
| Second Level | Bedroom | 7'5'' x 13'2'' | ||
| Second Level | Bedroom | 7'6'' x 13'2'' | ||
| Second Level | Living Room | 15'3'' x 13'11'' | ||
| Basement | Storage | 17'1'' x 14'9'' | ||
| Basement | Storage | 14'8'' x 18'1'' | ||
| Basement | Utility Room | 13'10'' x 14'9'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Foyer | 4'2'' x 10'6'' | ||
| Main Level | Laundry Room | 10'10'' x 4'2'' | ||
| Main Level | Kitchen | 15'4'' x 11'10'' | ||
| Main Level | Bedroom | 13'3'' x 8'0'' | ||
| Main Level | Bedroom | 13'3'' x 8'0'' | ||
| Main Level | Living Room | 14'6'' x 15'4'' |
https://www.realtor.ca/real-estate/29559073/252-robinson-street-simcoe
Ammar Kailani
Broker
480 Eglinton Avenue West
Mississauga, Ontario L5R 0G2
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April 05 2026 02:20:11
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