$564,500
FOR SALE

Detached Bungalow-Raised

Bedrooms: 3+2Bathrooms: 2Lot: 112 x 0 ft

31 Oakwood Avenue
Simcoe, ON N3Y 1H5

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:47421)
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Listed By Real Broker Ontario Ltd.
Data Provided By Cornerstone Association of REALTORS®
MLS® Listing Number 40786832
Last Updated Mar 02, 2026
Property Summary
Property Type Detached

More like this:
Subdivision Town of Simcoe
Price History

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Detailed Information
Bedrooms 3+2
Bathrooms 2
Lot 112 x 0 ft
Amenities Nearby Schools
Features In-Law Suite
Listing Contract Date 2025-11-08
Location Description 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.
Ownership Type Freehold
# of Parking Spaces 3
Property Type Single Family
Transaction Type For sale
Zoning Description R2
Building
Appliances Dryer, Microwave, Refrigerator, Stove, Water meter, Washer
Architectural Style Raised bungalow
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1968
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Brick, Concrete
Fire Protection Smoke Detectors
Heating Fuel Natural gas
Heating Type Forced air, Hot water radiator heat
Stories Total 1
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
PorchLower level8'9'' x 4'3''
Utility roomLower level8'5'' x 9'11''
4pc BathroomLower level7'5'' x 5'5''
Eat in kitchenLower level10'6'' x 9'11''
BedroomLower level7'5'' x 8'6''
BedroomLower level12'10'' x 11'5''
Living roomLower level13'8'' x 11'5''
OfficeLower level11'1'' x 11'5''
FoyerLower level6'3'' x 7'0''
PorchMain level5'6'' x 4'3''
4pc BathroomMain level6'10'' x 7'11''
Primary BedroomMain level11'1'' x 9'11''
BedroomMain level7'5'' x 11'5''
BedroomMain level10'3'' x 7'10''
FoyerMain level4'6'' x 11'5''
Living roomMain level12'9'' x 11'5''
DinetteMain level9'6'' x 10'3''
KitchenMain level6'8'' x 9'11''
Parking Spaces
Name Spaces
Attached Garage
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Schools
Sewer Municipal sewage system

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