194 FURNIVAL ROAD, West Elgin (Rodney)

2026-01-06
 

Quick Summary

Location
194 FURNIVAL ROAD, West Elgin (Rodney), Ontario N0L2C0
Price
$699,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2500 - 3000 sqft
Bedrooms:
6
Bathrooms:
3
Garages:
4
Photo Link:
Video Link:

MLS®#X12664774

Property Description

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Schools, Beach

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater, Water purifier, Dishwasher, Dryer, Freezer, Stove, Washer, Refrigerator
  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 2500 - 3000 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 66 x 120.9 FT ; IRREGULAR|2 - 4.99 acres
  • Sewer: Sanitary sewer

Structure

  • Structure: Deck, Workshop, Shed

Zoning

  • Description: M1

Information entered by EXP REALTY
Listing information last updated on: 2026-01-15 01:44:10


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