$564,500
5.93 BTC
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31 Oakwood Avenue, Norfolk
$564,500
PRICE
3 + 2
BEDROOMS
2
BATHROOMS
X12530606
MLSID

31 Oakwood Avenue, Norfolk

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.
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Summary

Address
31 Oakwood Avenue
Community
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
96 Days
Possession Type
Flexible
Possession Details
Buyers To Assume Tenants That Are Leased Until April 30, 2026
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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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