$559,000

31 Oakwood Ave Avenue, Norfolk, ON
MLS#:X12721716
5 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold

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.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 9, 2026
Sold price information is available to members only
Listed Date1/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size112.18 × 46.84 Feet
CountyNorfolk
Annual Tax$3,415
Legal DescriptionLT 36 PL 85B; PT LT 35 PL 85B PT 1 37R6612 NORFOLK COUNTY

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

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Community Features

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Property History

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This could be the first listing for this address.

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