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$564,500

Est. payment - /mo

5 Beds

2 Baths

Price Dropped by $10K

31 Oakwood AVE Norfolk, ON N3Y 1H5

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Single Family Home, Condo

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Simcoe

MLS Listing ID X12530606

Style Bungalow-Raised

Bedrooms 5

Annual Tax Amount $3,415

Tax Year 2025

Property Sub-Type Detached

Property Description

Welcome to 31 Oakwood Avenue in Simcoe-a solid all-brick bungalow tucked into a quiet, family-friendly neighbourhood. Lovingly maintained and currently set up as a duplex-style rental, this property offers flexible living options and dependable income potential.The main-floor unit is leased and features a bright layout with 3 spacious bedrooms, shared kitchen and bathroom facilities, and convenient access to the attached garage. The lower-level suite-equipped with its own entrances-offers 2 bedrooms, a 4-piece bathroom, a generous rec room, and dedicated laundry. This level is ideal for renting to a family, extended multi-gen living, or for an owner-occupant who wants significant mortgage assistance. Perfect for first-time buyers seeking income support, multi-family living, or investors looking for a turnkey opportunity, this home is already a registered legal rental property with Norfolk County. Each level is separately metered for hydro, giving both tenants and owners independent utility management. Recent updates include: RoofWindowsMechanical systems. With reliable rental setup, separate entrances, and versatile living space, 31 Oakwood Avenue is a smart, flexible investment in the heart of Simcoe.

Location

Province ON

County Norfolk

Area Norfolk

Zoning R2

Rooms

Basement Finished, Separate Entrance

Kitchen 2

Interior

Interior Features In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned

Cooling Central Air

Inclusions Refrigerator and Stove on both levels, and Washer and Dryer on both levels, Outside garden shed, and BBQ.

Exterior

Exterior Feature Porch

Parking Features Attached

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 3

Building

Building Age 51-99

Foundation Concrete

Others

ParcelsYN No

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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