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About the Listing 384002 -
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.
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Separate Entrance
- Other: In-Law Capability,In-Law Suite,Separate Heating Controls,Separate Hydro Meter,Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Porch
- Sewer: Sewer
- Parking Features: Attached
Financial Details
- Tax Amount: $3,415
- Taxes w/Assessments: N/A
- Tax/Property ID: 502360038
- Tax Year: 2025
Payment Calculator
Monthly Payment
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31 Oakwood Ave Norfolk, ON N3Y 1H5
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