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194 Furnival Road — Multiplex

For Sale

West Elgin, ON N0L 2C0

6 Bed · 3 Bath · Multiplex

MLS #X12664774

$699,000

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

Style2-Storey
Approx. Age100+ years
Lot Size66 121 ft
Frontage66.0 ft
Depth120.9 ft
GarageNone
BasementFull, Unfinished
HeatingForced Air
Parking Spaces4
Listed OnJan 4, 2026
MLS Size2500-3000
Property Tax$1,487/year

Rooms

NameSize (m)Size (ft)Features
Bedroom(Main)3.7 x 4.3712.1 x 14.3-
Bedroom(Main)3.18 x 3.5710.4 x 11.7-
Living Room(Main)4.96 x 4.8316.3 x 15.8-
Laundry(Main)1.99 x 3.136.5 x 10.3-
Bathroom(Main)2.23 x 2.677.3 x 8.8-
Bedroom(Main)3.78 x 2.412.4 x 7.9-
Sitting(Main)3.78 x 2.112.4 x 6.9-
Bathroom(Main)2.27 x 1.37.4 x 4.3-
Primary Bedroom(Second)4.47 x 4.614.7 x 15.1-
Bedroom(Second)3.35 x 4.1511.0 x 13.6-
Bedroom(Second)3.35 x 3.4511.0 x 11.3-
Family Room(Second)8.55 x 5.9928.1 x 19.7-
Bathroom(Second)1 x 13.3 x 3.3-

194 Furnival Road History

Complete transaction history for this property

Expired

Listed: May 21, 2025

$699,000

223 days on marketSale
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Available For Sale Nearby

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Home Features

Property TypeMultiplex
Style2-Storey
Approx. Age100+ years
Lot Size66 × 121 ft
Frontage66.0 ft
Depth120.9 ft
GarageNone
BasementFull, Unfinished

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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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