$850,000


194 Furnival Road — Multiplex
For SaleWest Elgin, ON N0L 2C0
6 Bed · 3 Bath · Multiplex
MLS #X12664774
Listed Price
About This Property
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 Details
Bedrooms
6
Bathrooms
3
Square Feet
2500-3000 sqft
Property Type
Multiplex
Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Bedroom(Main) | 3.7 x 4.37 | 12.1 x 14.3 | - |
| Bedroom(Main) | 3.18 x 3.57 | 10.4 x 11.7 | - |
| Living Room(Main) | 4.96 x 4.83 | 16.3 x 15.8 | - |
| Laundry(Main) | 1.99 x 3.13 | 6.5 x 10.3 | - |
| Bathroom(Main) | 2.23 x 2.67 | 7.3 x 8.8 | - |
| Bedroom(Main) | 3.78 x 2.4 | 12.4 x 7.9 | - |
| Sitting(Main) | 3.78 x 2.1 | 12.4 x 6.9 | - |
| Bathroom(Main) | 2.27 x 1.3 | 7.4 x 4.3 | - |
| Primary Bedroom(Second) | 4.47 x 4.6 | 14.7 x 15.1 | - |
| Bedroom(Second) | 3.35 x 4.15 | 11.0 x 13.6 | - |
| Bedroom(Second) | 3.35 x 3.45 | 11.0 x 11.3 | - |
| Family Room(Second) | 8.55 x 5.99 | 28.1 x 19.7 | - |
| Bathroom(Second) | 1 x 1 | 3.3 x 3.3 | - |
194 Furnival Road History
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Your Agent
OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Home Features
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About 194 Furnival Road, West Elgin, ON N0L 2C0
194 Furnival Road, West Elgin, ON N0L 2C0 is a 6-bedroom, 3-bathroom 2-storey multiplex with approximately 2500-3000 square feet of living space, situated on a 66 121 foot lot. This property is currently for sale at $699,000. The home features a none garage and a full, unfinished basement, built approximately 100+ years ago.
Rodney Neighbourhood
This home is located in Rodney, part of West Elgin in the Elgin area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in Rodney, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
194 Furnival Road, West Elgin, ON N0L 2C0
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