$559,000

Detached

31 Oakwood Avenue, Norfolk, ON

141 DAYS
3+2
2
1
700-1100
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Listed by REAL BROKER ONTARIO LTD.

Property Highlights

Status

Sold Cond.

Garage

1 space

Property Tax

$3,415/yr

Age

51-99 yrs

Lot Size

Not Applicable ac

Style

Bungalow-Raised

Basement

Finished, Separate Entr.

Monthly Cost

$2,645/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$2,360
Property Tax ($3,415/yr)$285
Total$2,645

Price & Listing History

Schools

Location

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Rooms

Main Level

Bedroom 3: 2.26m × 3.48m
Bathroom: 2.08m × 2.13m
Foyer: 1.37m × 3.48m
Living Room: 3.89m × 3.48m
Dining Room: 2.90m × 3.12m
Bedroom 2: 3.12m × 2.39m
Bedroom: 3.38m × 3.02m
Kitchen: 2.03m × 3.02m
Other: 4.04m × 1.63m

Lower Level

Furnace Room: 2.57m × 3.02m
Kitchen: 3.20m × 3.02m
Bedroom 5: 2.26m × 2.59m
Bathroom: 2.26m × 1.65m
Other: 3.45m × 1.27m
Living Room: 4.17m × 3.48m
Bedroom 4: 3.91m × 3.48m
Foyer: 1.91m × 2.13m
Office: 3.38m × 3.48m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage