For Sale

194 Furnival Road

$699,000
West Elgin, Ontario N0L 2C0 · MLS® X12664774 · Updated 1h ago
194 Furnival Road, West Elgin, ON N0L 2C0
1 / 37 photos
6
Bedrooms
3
Bathrooms
Sq Ft
4
Parking

About This Home

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 Information

Type
Residential Freehold
Style
Multiplex
Architectural Style
2-Storey
Age
100+
Lot Size
66 × 120.94 ft
Direction Faces
North
Bedrooms
6
Kitchens
3
Parking
4 total · None
Cross Street
Furnival Road and Queens St
Postal Code
N0L 2C0
Occupancy
Owner
Possession
Flexible
MLS#
X12664774
Listing Office
EXP REALTY

Building Details

Construction
Vinyl Siding
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
None
Basement
Full, Unfinished
Fireplace
No
Laundry
Main Level
Pool
None

Features & Amenities

Interior
In-Law CapabilitySeparate Hydro MeterWater Heater OwnedWater Purifier
Exterior
DeckPrivacy
Property
Rec./Commun.CentreSchoolOtherBeach

Financials & Fees

Annual Property Tax
$1,487 (2025)

Inclusions & Exclusions

Inclusions

3 WASHERS, 3 DRYERS, 3 STOVES, 3 FRIDGES, 2 FREEZERS, 2 DISHWASHERS, 2 HOT WATER TANKS,2 AC

Location

Listing courtesy of:EXP REALTY

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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