Courtesy of: Peter Costabile, Salesperson, Real Broker Ontario Ltd.
Courtesy of: Peter Costabile, Salesperson, Real Broker Ontario Ltd.
$564,500
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5 bed
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1,658 square feet
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2.00 Bath
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Single Family
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$564,500
31 OAKWOOD Avenue Welcome to 31 Oakwood Avenue in Simcoe—a solid all-brick bungalow tucked into a quiet, family-friendly neighbourhood. Lovingly maintained and currently set up as a duplex-style rental, this property offers flexible living options and dependable income potential. The main-floor unit is leased and features a bright layout with 3 spacious bedrooms, shared kitchen and bathroom facilities, and convenient access to the attached garage. The lower-level suite—equipped with its own entrance—offers 2 bedrooms, a 4-piece bathroom, a generous rec room, and dedicated laundry. This is ideal for renting to a family, extended multi-gen living, or for an owner-occupant who wants significant mortgage assistance. Perfect for first-time buyers seeking income support, multi-family living, or investors looking for a turnkey opportunity, this home is already a registered legal rental property with Norfolk County. Each level is separately metered for hydro, giving both tenants and owners independent utility management. Recent updates include: Roof, Windows, Mechanical systems With reliable rental setup, separate entrances, and versatile living space, 31 Oakwood Avenue is a smart, flexible investment in the heart of Simcoe. (id:203)