Welcome to 31 Oakwood Avenue in Simcoe-a solid all-brick bungalow tucked into a quiet, family-friendly neighbourhood. Lovingly maintained and currently set up as a duplex-style rental, this property offers flexible living options and dependable income potential.The main-floor unit is leased and features a bright layout with 3 spacious bedrooms, shared kitchen and bathroom facilities, and convenient access to the attached garage. The lower-level suite-equipped with its own entrances-offers 2 bedrooms, a 4-piece bathroom, a generous rec room, and dedicated laundry. This level is ideal for renting to a family, extended multi-gen living, or for an owner-occupant who wants significant mortgage assistance. Perfect for first-time buyers seeking income support, multi-family living, or investors looking for a turnkey opportunity, this home is already a registered legal rental property with Norfolk County. Each level is separately metered for hydro, giving both tenants and owners independent utility management. Recent updates include: RoofWindowsMechanical systems. With reliable rental setup, separate entrances, and versatile living space, 31 Oakwood Avenue is a smart, flexible investment in the heart of Simcoe.