31 Oakwood Avenue, Simcoe, ON N3Y 1H5
31 Oakwood Avenue, Simcoe, ON N3Y 1H5
31 Oakwood Avenue, Simcoe, ON N3Y 1H5
43
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Listed by Peter Costabile • Real Broker Ontario Ltd.
$559,000
Est. payment /mo
5 Beds
2 Baths
855 SqFt
Pending

31 Oakwood Avenue Simcoe, ON N3Y 1H5

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Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 855 sqft

Price per Sqft $653

MLS Listing ID 40810162

Bedrooms 5

Abv Grd Liv Area 1,658

Year Built 1968

Annual Tax Amount $3,415

Property Sub-Type Duplex Up/Down

Source Cornerstone

Property Description

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.

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning R2

Direction Hwy #3 to Ireland Rd, Turn right onto Victoria St, turn left onto Oakwood Avenue, follow to the corner of Potts Rd and Oakwood Ave.

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Roof Type Asphalt Shing

Lot Frontage 112.18

Garage Yes

Building

Lot Description Rectangular, Dog Park, Schools

Faces Hwy #3 to Ireland Rd, Turn right onto Victoria St, turn left onto Oakwood Avenue, follow to the corner of Potts Rd and Oakwood Ave.

Story 1

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Concrete

New Construction No

Schools

Elementary Schools St Joseph'S School

High Schools Simcoe Composite School

Others

Senior Community No

Tax ID 502360038

Ownership Freehold/None

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Nearby Locations

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Gaby Leveille

Gaby Leveille

Broker | License ID: 4740099

+1(905) 902-2284

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31 Oakwood Avenue