For Sale

31 Oakwood Avenue, Norfolk, Ontario N3Y 1H5

$564,500

31 Oakwood Avenue, Norfolk, Ontario N3Y 1H5 is For Sale and has a listing price of 564,500. The property is located in the Simcoe neighbourhood . It's been on the website for 61 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12530606
  • Office Name REAL BROKER ONTARIO LTD.
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.

Property Details
  • Bedrooms: 5
  • MLS ID: X12530606
  • Bathrooms: 2
  • Price: $564,500
  • Lot Depth: 46.84
  • Transaction Types: For Sale
  • Ref ID: X12530606
  • Year Built: N/A
  • Approx Sqft: 700-1100
  • Dir / Cross St: Potts Rd
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/10/2025 X12530606 $575,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Simcoe
  • $796,171 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.97 % Up
  • Sold (12mo) 84
  • Rented (12mo) 17

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow-raised
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 2
  • Exterior Brick
  • Kitchen 2
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,415
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Buyers to assume tenants that are leased until Apr
  • Listing Entry Date: 10/11/2025 21:26:15
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