222 Furnival Road, West Elgin, ON N0L 2C0
West Elgin, ON, N0L 2C0 · Rodney
About this property
This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building's overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio.
Features & Amenities
- Basement: Unfinished
- Garage: Attached
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 7 |
| Basement | Unfinished |
| Garage | Attached |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $4,336 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Brick
- Roof
- Flat
- Basement
- Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 1
- Parking Total
- 1.00
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 122.00
- Lot Width
- 38.33
Financial & Tax
- Tax Annual Amount
- $4,336
- Tax Year
- 2026
- Tax Assessed Value
- $163,000
- Possession Type
- Immediate
- Possession Details
- ASAP
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 15
- Kitchens Above Grade
- 6
- Kitchens Total
- 6
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Elgin
- Cross Street
- VICTORIA
- Directions
- DRIVING SOUTH ON FURNIVAL ITS ON YOUR RIGHT
- Special Designation
- Unknown
- Showing Requirements
- Go Direct
Location
222 Furnival Road, West Elgin, ON N0L 2C0, West Elgin, ON, N0L 2C0