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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.
Carbon Monoxide Detector, Garage Door Opener, Microwave, Smoke Detector, Window Coverings, Refrigerator and Stove on both levels, and Washer and Dryer on both levels, Outside garden shed, and BBQ.
City: Norfolk
Neighborhood: Simcoe

| Purchase Price | $564500 |
| Down Payment | $112900 |
| Mortgage Insurance | $0 |
| Total Mortgage | $451600 |
| Mortgage Payment | $2783 |
| Property Taxes | $285 |
| Maintenance Fees | $0 |
| Monthly Payment | $3067 |
Located at 31 Oakwood Ave Ave , this Norfolk house is available for sale. This property was listed for $564,500 on Thu Jan 22 2026. This house's size is 700-1100 Sqft. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Kitchen, Dining, Br, 2nd Br, 3rd Br, Bathroom, Foyer, Other, Living, Kitchen, 4th Br, 5th Br, Office, Bathroom, Furnace, Other, Foyer. This property comes with 3 parking spots. 31 Oakwood Ave Ave, Norfolk is situated in the Simcoe neighbourhood.
MLS#: X12721716 · $564,500 · 5 bedroom house in Simcoe, Norfolk