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Mike Kelly

mike@mjkrealty.ca +1(905) 391-0024

$ 564,500

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31 Oakwood Ave AVE Norfolk, ON N3Y 1H5

7 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Simcoe

MLS Listing ID X12721716

Style Bungalow-Raised

Bedrooms 7

Annual Tax Amount $3,415

Tax Year 2025

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Norfolk

Area Norfolk

Rooms

Family Room Yes

Basement Separate Entrance, Finished, Walk-Out, Apartment

Kitchen 3

Separate Den/Office 2

Interior

Interior Features In-Law Suite, In-Law Capability, Separate Heating Controls, Separate Hydro Meter, Water Heater, Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 112.18

Lot Depth 46.84

Total Parking Spaces 3

Building

Building Age 51-99

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector,Security System

ParcelsYN Yes

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Listed by REAL BROKER ONTARIO LTD.

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Mike Kelly

Agent | License ID: 9585960

+1(905) 391-0024

Mike Kelly

31 Oakwood Ave AVE Norfolk, ON N3Y 1H5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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31 Oakwood Ave AVE