31 Oakwood Avenue, Simcoe, Ontario N3Y 1H5

Listed for:
$564,500
5 beds
2 baths
Listed 39 days ago
Duplex for rent: 31 Oakwood Avenue, Simcoe, Ontario N3Y 1H5

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About

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. 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. (id:27476)

Property Highlights

MLS® Number
40800322
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
3

Building

Building Type
Duplex
Storeys
1.00
Square Footage
1658 sqft
Bathrooms Total
2
Bedrooms Total
5
Amenities
Schools
Exterior Finish
Brick, Concrete
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40800322
Agent:
Peter Costabile
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