REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Joseph Bitton B.A., LL.B., Broker.

bitton@torontorealestate4u.com +1(416) 801-8600

$ 599,000

Est. payment -/mo

Save

Active

252 Robinson ST Norfolk, ON N3Y 1X5

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Simcoe

MLS Listing ID X12958240

Style 2-Storey

Bedrooms 4

Annual Tax Amount $2,534

Tax Year 2025

Property Sub-Type Detached

Property Description

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! *Photos Have Been Virtually Staged by Removing Furniture, Clutter and/or Debris*

Location

State ON

County Norfolk

Area Norfolk

Zoning R2 (Urban Residential Type 2)

Rooms

Basement Full, Unfinished, Separate Entrance

Kitchen 2

Interior

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

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Electric, Living Room

Inclusions 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Built-in Combo Range Hood Microwaves, 2 Washers, 2 Dryers, Electric Fire Place

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Building Age 100+

Foundation Stone, Poured Concrete

Others

ParcelsYN No

Lited by RIGHT AT HOME REALTY

GET MORE INFORMATION

+1(416) 801-8600

bitton@torontorealestate4u.com

www.torontorealestate4u.com

Toronto