5 Bedroom
2 Bathroom
1,658 ft2
Central Air Conditioning
Forced Air
$564,500
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:61594)
Property Details
|
MLS® Number
|
40800322 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Schools |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Microwave, Window Coverings, Garage Door Opener |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1968 |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,658 Ft2 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Land Amenities
|
Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
112 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/29278967/31-oakwood-avenue-simcoe