194 Furnival Road West Elgin, Ontario N0L 2C0
$699,000
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. (id:61852)
Property Details
| MLS® Number | X12664774 |
| Property Type | Multi-family |
| Community Name | Rodney |
| AmenitiesNearBy | Schools, Beach |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 4 |
| Structure | Deck, Workshop, Shed |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Purifier, Dishwasher, Dryer, Freezer, Stove, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | Yes |
| LandAmenities | Schools, Beach |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft ,10 In |
| SizeFrontage | 66 Ft |
| SizeIrregular | 66 X 120.9 Ft ; Irregular |
| SizeTotalText | 66 X 120.9 Ft ; Irregular|2 - 4.99 Acres |
| ZoningDescription | M1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.35 m | 3.45 m | 3.35 m x 3.45 m |
| Second Level | Family Room | 8.55 m | 5.99 m | 8.55 m x 5.99 m |
| Second Level | Bathroom | 1 m | 1 m | 1 m x 1 m |
| Second Level | Primary Bedroom | 4.47 m | 4.6 m | 4.47 m x 4.6 m |
| Second Level | Bedroom | 3.35 m | 4.15 m | 3.35 m x 4.15 m |
| Main Level | Bedroom | 3.7 m | 4.37 m | 3.7 m x 4.37 m |
| Main Level | Bedroom | 3.18 m | 3.57 m | 3.18 m x 3.57 m |
| Main Level | Living Room | 4.96 m | 4.83 m | 4.96 m x 4.83 m |
| Main Level | Laundry Room | 1.99 m | 3.13 m | 1.99 m x 3.13 m |
| Main Level | Bathroom | 2.23 m | 2.67 m | 2.23 m x 2.67 m |
| Main Level | Bedroom | 3.78 m | 2.4 m | 3.78 m x 2.4 m |
| Main Level | Sitting Room | 3.78 m | 2.1 m | 3.78 m x 2.1 m |
| Main Level | Bathroom | 2.27 m | 1.3 m | 2.27 m x 1.3 m |
https://www.realtor.ca/real-estate/29218722/194-furnival-road-west-elgin-rodney-rodney
Interested?
Contact us for more information
Kamalpreet Kaur
Salesperson
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
Nathan Loganathan
Broker
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 15 2026 01:44:10
Toronto Real Estate Board
Exp Realty