ONElginWest Elgin194 Furnival Road
194 Furnival Road
Interior view
Interior view
33
New
Multiplex

194 Furnival Road

West Elgin, ON, N0L 2C0

Residential Freehold
Area
2500-3000 sq.ft
Bed
6
Bedrooms
Bath
3
Bathrooms
Parking
4
Single Garage

Asking Price

$699,000

Property Description

Original Remarks

Vacant possession triplex with value-add, development and severance potential on over 2.5 acres within minutes to Highway 401 and approximately 30 minutes to London! 194 Furnival Road is a high-potential investment featuring M1 Commercial Zoning and a layout primed for maximum ROI. Two of the three existing units are turnkey and ready for immediate occupancy, while the third unit offers a significant lift and value-add opportunity for a forced appreciation strategy. For those looking to maximize the property's density, the high-ceiling basement with a separate entrance is a game-changer, offering the potential to be finished into two additional units to create a 5-unit cash-flow powerhouse. The expansive 2.5-acre lot provides even more upside through potential severance or commercial development right in the heart of Rodney. This property is a dream for investors seeking a strategic project, or end-users looking for a substantial mortgage helper with massive future equity growth. Ideally located within walking distance to local shops and just 10 minutes from the New Glasgow Yacht Club and the beaches of Port Glasgow, this versatile estate allows you to set your own market rents and start building equity on day one.

PROPERTY HISTORY

194 Furnival Road

Type:Multiplex
Style:2-Storey
Size Range:2500-3000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12664774
Community:Rodney
Days on Market:-
Year Built:-
Age range:100+
Basement:Full, Unfinished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$1,487/yr (2025)
Municipality:West Elgin
Lot Size:66.00 x 120.94 Feet

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