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252 Robinson Street Norfolk, Ontario N3Y 1X5

4 Bedroom 2 Bathroom 1500 - 2000 sqft
Fireplace Central Air Conditioning Forced Air

$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 $2,250 + 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! (id:61852)

Property Details

MLS® Number X12958240
Property Type Single Family
Community Name Simcoe
AmenitiesNearBy Public Transit, Hospital, Schools
CommunityFeatures School Bus
EquipmentType Water Heater - Tankless, Water Heater
Features Carpet Free, Sump Pump
ParkingSpaceTotal 6
RentalEquipmentType Water Heater - Tankless, Water Heater

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Age 100+ Years
Amenities Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater - Tankless, Water Heater, Dishwasher, Dryer, Microwave, Hood Fan, Two Stoves, Two Washers, Two Refrigerators
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType Full, N/a (unfinished), N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FireplacePresent Yes
FireplaceTotal 1
FoundationType Stone, Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit, Hospital, Schools
Sewer Sanitary Sewer
SizeDepth 109 Ft
SizeFrontage 69 Ft
SizeIrregular 69 X 109 Ft
SizeTotalText 69 X 109 Ft
ZoningDescription R2 (urban Residential Type 2)

Rooms

Level Type Dimensions
Second Level Laundry Room 1.65 m x 2.59 m
Second Level Living Room 4.65 m x 4.24 m
Second Level Bedroom 2.29 m x 4.01 m
Second Level Bedroom 2.26 m x 4.01 m
Second Level Kitchen 3.2 m x 3.3 m
Basement Utility Room 4.22 m x 4.5 m
Basement Workshop 4.47 m x 5.51 m
Main Level Living Room 4.42 m x 4.67 m
Main Level Bedroom 4.04 m x 2.44 m
Main Level Bedroom 4.04 m x 2.44 m
Main Level Kitchen 4.67 m x 3.61 m
Main Level Laundry Room 3.3 m x 1.27 m
Main Level Foyer 1.27 m x 3.2 m

https://www.realtor.ca/real-estate/29559131/252-robinson-street-norfolk-simcoe-simcoe

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Ammar Kailani
Broker


Right At Home Realty
480 Eglinton Ave West
Mississauga, Ontario L5R 0G2

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