$429,000
25 ROBINSON STREET
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About this home
Well-maintained mixed-use building in the heart of downtown Simcoe. Own a 2-bedroom apartment + income-generating pizza restaurant with LLBO license and property in this prime location, offering an excellent live/work or investment opportunity. The main floor features a fully equipped, turnkey restaurant with commercial kitchen, exhaust hood, fire suppression system, dishwasher, and two accessible washrooms-ideal for dine-in, takeout, or delivery operations. The second floor offers a beautifully renovated 2-bedroom apartment with a modern kitchen, -open-concept living area, updated 4-piece bathroom, and a bright enclosed 3-season sunroom-perfect for owner occupancy or rental income. Additional highlights include a full basement for storage, separate utilities, and rear parking. Major upgrades include roof, furnaces, windows, and extensive interior renovations.A rare opportunity to own a business and property together in a high-visibility downtown location with strong growth potential. (id:65958)
- Subtype
- Retail
- MLS#
- X12999000
- Area
- NORFOLK_(SIMCOE)
Cash on cash
-8.93%
Cap rate
4.10%
GRM
14.9
Break-even rent
$3,072
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.