$ 699,000
-
$699,000
Price -
6
Bed -
3
Bath -
2,500
SqFt
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About the Listing 285400 -
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.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other: In-Law Capability,Separate Hydro Meter,Water Heater Owned,Water Purifier
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others: Deck,Privacy
- Sewer: Sewer
- Parking Features: Private Double
Financial Details
- Tax Amount: $1,487
- Taxes w/Assessments: N/A
- Tax/Property ID: 351050324
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
194 Furnival Rd West Elgin, ON N0L 2C0
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