31 Oakwood Ave Avenue in Norfolk: Simcoe House for sale : MLS®# X12721716

Attention investors and smart owner-occupants. This solid all-brick bungalow is located in a quiet, family-friendly neighbourhood in Simcoe and is currently configured as a duplex-style residence, offering flexible income and living potential.The main floor unit features a bright layout with three bedrooms, kitchen, bathroom, and access to the attached garage. The lower-level suite, complete with a separate entrance, includes two bedrooms, a four-piece bathroom, a spacious recreation room, and a dedicated laundry area-ideal for generating rental income or providing extended family accommodations.This property is a registered legal rental with Norfolk County and benefits from separately metered hydro for each level, allowing for independent utility management and simplified cost recovery. Recent updates include the roof, windows, and mechanical systems, enhancing long-term reliability and reducing future capital expenditures.Well-suited for investors seeking a turnkey income property or owner-occupants looking to offset mortgage costs, this versatile home offers strong functionality, durable construction, and excellent income potential in a desirable Simcoe location.

General Info:

Under Contract:: None

Property Type:: Residential Freehold

Property Sub Type:: Multiplex

Home Style:: Bungalow-Raised

Approx. Age:: 51-99

Total Approx Floor Area:: 700-1100

Lot Size:: <.50

Lot Depth:: 46'10"14.3 m

Lot Frontage:: 112'2"34.2 m

Lot Shape:: Rectangular

Direction Faces:: North

Bedrooms:: 5+2

Bathrooms:: 2.0

Water supply:: Municipal

Kitchens:: 3

Kitchens in Basement:: 1

Bedrooms Above Grade:: 5

Bedrooms Below Grade:: 2

Kitchens Above Grade:: 2

Rooms Above Grade:: 18

Rooms Below Grade:: 9

Fractional Ownership:: No

Zoning:: R2

Assignment:: No

Additional Info:

Heating type:: Forced Air

Heating Fuel:: Gas

Foundation:: Concrete

Roof:: Asphalt Shingle

Basement:: Separate Entrance, Finished, Walk-Out, Apartment

Fireplace/Stove:: No

Garage:: Attached

Garage Spaces:: 1.0

Parking Spaces:: 2

Total Parking Spaces:: 3.0

Family Room:: Yes

Pool:: None

Financial Info:

HST Applicable To Sale Price:: Included In

Assessment:: $217,000

Assessment Year:: 2025

Development Charges Paid:: No

Taxes:: $3,415 / 2025

Assessment:: $217,000.00 / 2025

County:

Norfolk

Listing Area:

Norfolk

Listing Sub-Area:

Simcoe

Interior Features:

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

Exterior Features:

Porch

Security Features:

Carbon Monoxide Detectors, Smoke Detector, Security System

Rental Items:

None

Inclusions:

Carbon Monoxide Detector, Garage Door Opener, Microwave, Smoke Detector, Window Coverings, Refrigerator and Stove on both levels, and Washer and Dryer on both levels, Outside garden shed, and BBQ.

Exclusions:

None

Lease to Own Equipment:

None

Exterior Finish:

Brick

Elevator:

Retirement:

Room Information: