For sale 50$699,000
194 Furnival Road
Rodney, West Elgin, Ontario N0L2C0
For sale· Added
About this home
Solid TRIPLEX with STRONG CASHFLOW POTENTIAL & value-add, development WITH severance potential on over 2.5 acres within minutes to Highway 401 and approximately 30 minutes to London! VACANT ON POSSESSION. 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.
Location
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Property details
Listing
- MLS® number
- X12664774
- Added
- Jan 5, 2026 ()
- Updated
- Sep 21, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
- Storeys
- 2
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Water purifier, Dishwasher, Stove, Dryer, Freezer, Water Heater
Building
- Basement
- Unfinished, Full
- Exterior
- Vinyl siding
- Parking
- No Garage · 4 spaces
- Amenities
- Separate Electricity Meters
Land
- Lot size
- 66 x 120.9 ft
- Lot notes
- Irregular
- Zoning
- M1
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Furnival Road and Queens St
- Nearby
- Community Centre
Running costs
- Annual property tax (2025)
- $1,487
Rooms
| Bedroom | Main level | 3.7 x 4.37 m |
| Bedroom | Second level | 3.35 x 3.45 m |
| Family room | Second level | 8.55 x 5.99 m |
| Bathroom | Second level | 1 x 1 m |
| Bedroom | Main level | 3.18 x 3.57 m |
| Living room | Main level | 4.96 x 4.83 m |
| Laundry room | Main level | 1.99 x 3.13 m |
| Bathroom | Main level | 2.23 x 2.67 m |
| Bedroom | Main level | 3.78 x 2.4 m |
| Sitting room | Main level | 3.78 x 2.1 m |
| Bathroom | Main level | 2.27 x 1.3 m |
| Primary Bedroom | Second level | 4.47 x 4.6 m |
| Bedroom | Second level | 3.35 x 4.15 m |
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