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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$699,000
Available - For Sale
Listing ID: X12664774
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.
Price $699,000
Taxes: $1,487
Assessment Year: 2025
Occupancy by: Owner
Address: 194 Furnival Road , West Elgin, N0L 2C0, Elgin
Acreage: 2-4.99
Directions/Cross Streets: Furnival Road and Queens St
Rooms: 18
Bedrooms: 6
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bedroom 12.14 14.33
Room 2: Main Bedroom 10.43 11.71
Room 3: Main Living Ro 16.27 15.84 Combined w/Kitchen
Room 4: Main Laundry 6.53 10.27
Room 5: Main Bathroom 7.31 8.76 4 Pc Bath
Room 6: Main Bedroom 12.40 7.87
Room 7: Main Sitting 12.40 6.89 Combined w/Kitchen
Room 8: Main Bathroom 7.45 4.26 4 Pc Bath
Room 9: Second Primary B 14.66 15.09
Room 10: Second Bedroom 10.99 13.61
Room 11: Second Bedroom 10.99 11.32
Room 12: Second Family Ro 28.04 19.65
Room 13: Second Bathroom 3.28 3.28 4 Pc Bath
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 4 Main
Washroom 3 4 Second
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 4 Main
Washroom 8 4 Second
Washroom 9 0
Washroom 10 0
Washroom 11 4 Main
Washroom 12 4 Main
Washroom 13 4 Second
Washroom 14 0
Washroom 15 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Workshop, Shed
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Rec./Commun.
School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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EXP REALTY

194 Furnival Road , West Elgin, N0L 2C0, Elgin

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Elgin
Municipality: West Elgin
Neighbourhood: Rodney
Style: 2-Storey
Lot Size: x 120.94(Feet)
Approximate Age: 100+
Tax: $1,487
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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