194 Furnival Road, West Elgin, ON N0L 2C0
West Elgin, ON, N0L 2C0 · Rodney
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.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Lot Size | 3 Feet |
| Basement | Full, Unfinished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $1,487 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- In-Law Capability, Separate Hydro Meter, Water Heater Owned, Water Purifier
Exterior Features
- Exterior Features
- Deck, Privacy
- Other Structures
- Workshop, Shed, Additional Garage(s)
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Full, Unfinished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 2.50
- Lot Size Units
- Feet
- Lot Depth
- 120.94
- Lot Width
- 66.00
- Lot Irregularities
- IRREGULAR
Community & Neighborhood
- Property Features
- Rec./Commun.Centre, School, Other, Beach
Financial & Tax
- Tax Annual Amount
- $1,487
- Tax Year
- 2025
- Tax Assessed Value
- $96,000
- Possession Type
- Flexible
- Possession Details
- flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 18
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Owner
- Direction Faces
- North
- County Or Parish
- Elgin
- Cross Street
- Furnival Road and Queens St
- Directions
- Furnival Road and Queens St
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
194 Furnival Road, West Elgin, ON N0L 2C0, West Elgin, ON, N0L 2C0