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.
Address
31 Oakwood Avenue
List Price
$564,500
MLS® Status
Price Change
Expiration Date
2026-03-10
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow-Raised
Transaction Type
Sale
Area
Norfolk
Sub-Area
Simcoe
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
8
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
46.84
Lot Shape
Rectangular
Lot Size Range (Acres)
Not Applicable
Lot Size Units
Feet
Lot Width
112.18
Parcel Number
502360038
Parcel of Tied Land
No
Occupant Type
Tenant
Cross Street
Potts Rd
Approx. Age
51 - 99 Years
MLS® Number
X12530606
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
Finished, Separate Entrance
Postal Code
N3Y 1H5
Posession Details
Buyers to assume tenants that are leased until April 30, 2026
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$3,415.10
Tax Year
2025
Site Influences
Porch, School, School Bus Route
Accessibility Features
Parking
Exterior Features
Porch
Interior Features
In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Property Features
School, School Bus Route
Cable
Yes
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Concrete Poured
UFFI
No
Direction Faces
North
Fireplace
No
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 36 PL 85B; PT LT 35 PL 85B PT 1 37R6612 NORFOLK COUNTY
Waterfront
No
Sewer
Sewer