ON > West Elgin > Rodney
West Elgin, ON N0L 2C0,194 Furnival RD
West Elgin, ON N0L 2C0,194 Furnival RD
West Elgin, ON N0L 2C0,194 Furnival RD
West Elgin, ON N0L 2C0,194 Furnival RD
West Elgin, ON N0L 2C0,194 Furnival RD
West Elgin, ON N0L 2C0,194 Furnival RD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
8
Jan
Fri
9
Jan
Sat
10
Jan
Gary Mackin

Gary Mackin

+1(647) 226-2576
$ 699,000
Est. payment | /mo

6 Beds

3 Baths

2 Acres Lot

Save Virtual Tour
$ 699,000
Est. payment | /mo
Save Virtual Tour

6 Beds

3 Baths

2 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Rodney

MLS Listing ID X12664774

Style 2-Storey

Bedrooms 6

Annual Tax Amount $1,487

Tax Year 2025

Lot Size 2.000 Acres

Property Sub-Type Multiplex

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.

Location

Province ON

County Elgin

Area Elgin

Zoning M1

Rooms

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features In-Law Capability, Separate Hydro Meter, Water Heater Owned, Water Purifier

Cooling None

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

Exterior

Exterior Feature Deck, Privacy

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Building Age 100+

Foundation Unknown

Others

Virtual Tour https://youtu.be/Cx4lK0aCKM0

Lited by EXP REALTY
Gary Mackin

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 226-2576

gary@teammackin.ca

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of EXP Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

194 Furnival RD