$564,500
PRICE
3 + 2
BEDROOMS
2
BATHROOMS
X12530606
MLSID
31 Oakwood Avenue, Norfolk
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.
Summary
Address
31 Oakwood Avenue
City
Community
Street
MLSID
X12530606
Property Type
Detached
Property Category
Bedrooms
3 + 2
Bathrooms
2
Kitchens
2
Zoning
R2
Taxes (Annual)
$3,415.10
Tax Year
2025
Published
November 10, 2025
Days on Market
51 Days
Possession Type
Flexible
Possession Details
Buyers To Assume Tenants That Are Leased Until April 30, 2026
Inclusions
Refrigerator and Stove on both levels, and Washer and Dryer on both levels, Outside garden shed, and BBQ.
Exclusions
None
Details
Property Features
School, School Bus Route
Bathroom 1
4-Piece Ground Level
Bathroom 2
4-Piece Lower Level
Basement
Finished, Separate Entrance
Exterior Features
Porch
Interior Features
In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Parking Spaces
2
Parking Total
3
Architectural Style
Bungalow-Raised
Roof
Asphalt Shingle
Construction Materials
Brick, Concrete Poured
Lot Size
5,134 SqFtDivisible
Lot Width
112 Feet
Lot Depth
47 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with REAL BROKER ONTARIO LTD.