31 Oakwood Avenue, Simcoe ON

About 31 Oakwood Avenue

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, 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. (id:56071). Get more information on 31 Oakwood Avenue

Property Features

Appliances:  Dryer, Microwave, Refrigerator, Stove, Water meter, Washer
Features:  In-Law Suite
Rental Equipment:  
Directions:  Hwy No.3 to Ireland Rd, Turn right onto Victoria St, turn left onto Oakwood Avenue, follow to the corner of Potts Rd and Oakwood Ave.
Zoning Description:  R2
Interior Size:  1658 sqft
Access:  Road access
Lot:  under 1/2 acre
Exterior Finish:  Brick, Concrete
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  1968
Constructed Date:  1968
Basement:  Full (Finished) Finished

Rooms & Sizes

Porch Lower level 8 9 x 4 3	Utility room Lower level 8 5 x 9 11	4pc Bathroom Lower level 7 5 x 5 5
Eat in kitchen Lower level 10 6 x 9 11	Bedroom Lower level 7 5 x 8 6	Bedroom Lower level 12 10 x 11 5
Living room Lower level 13 8 x 11 5	Office Lower level 11 1 x 11 5	Foyer Lower level 6 3 x 7 0
Porch Main level 5 6 x 4 3	4pc Bathroom Main level 6 10 x 7 11	Primary Bedroom Main level 11 1 x 9 11
Bedroom Main level 7 5 x 11 5	Bedroom Main level 10 3 x 7 10	Foyer Main level 4 6 x 11 5
Living room Main level 12 9 x 11 5	Dinette Main level 9 6 x 10 3	Kitchen Main level 6 8 x 9 11