For Sale

222 Furnival Road

$850,000
West Elgin, Ontario N0L 2C0 · MLS® X13642802 · Updated 5h ago
222 Furnival Road, West Elgin, ON N0L 2C0
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7
Bedrooms
7
Bathrooms
Sq Ft
1
Parking

About This Home

This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building's overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio.

Property Information

Type
Residential Freehold
Style
Multiplex
Architectural Style
2-Storey
Lot Size
38.33 × 122 ft
Direction Faces
West
Bedrooms
7
Kitchens
6
Parking
1 total · Attached
Cross Street
VICTORIA
Postal Code
N0L 2C0
Occupancy
Tenant
Possession
Immediate
MLS#
X13642802
Listing Office
RE/MAX ADVANTAGE REALTY LTD.

Building Details

Construction
Brick
Roof
Flat
Heating
Forced Air · Gas
Cooling
None
Basement
Unfinished
Fireplace
No
Laundry
Upper Level
Pool
None

Features & Amenities

Interior
Separate Hydro Meter

Financials & Fees

Annual Property Tax
$4,336.36 (2026)

Location

Listing courtesy of:RE/MAX ADVANTAGE REALTY LTD.

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

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