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MLS® X12664774
West Elgin, ON
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.
Inclusions
3 WASHERS, 3 DRYERS, 3 STOVES, 3 FRIDGES, 2 FREEZERS, 2 DISHWASHERS, 2 HOT WATER TANKS,2 AC
Broker
EXP REALTY
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Multiplex
194 Furnival Road West Elgin
West Elgin
Built
100+
Type
Multiplex
Basement
Full, Unfinished
Parking
None (4)
Property Tax
~$1,487/yr
Heating
Forced Air
Buying Essentials
Square Feet
2750 sqft
Facing Direction
North
Parking
None (4)
Finances
List Price
$699,000
Price per SQFT
$254/sqft
Property Tax
~$1,487/yr
Property Specs
Property Type
Multiplex
MLS Size
2750 sqft
Age of Building
100+
Basement
Full, Unfinished
Living & Amenities
Heating Type
Forced Air
Features
In-Law Capability · Separate Hydro Meter · Water Heater Owned · Water Purifier
Policies & Utilities
Neighbourhood
West Elgin
Listed On
Jan 5, 2026
Rec./Commun.Centre
School
Other
Beach
Days on Market
Current: 306 days
12.1 x 14.3
174 sqft
10.4 x 11.7
122 sqft
Combined w/Kitchen
16.3 x 15.8
258 sqft
6.5 x 10.3
67 sqft
4 Pc Bath
7.3 x 8.8
64 sqft
12.4 x 7.9
98 sqft
Combined w/Kitchen
12.4 x 6.9
85 sqft
4 Pc Bath
7.4 x 4.3
32 sqft
14.7 x 15.1
221 sqft
11.0 x 13.6
150 sqft
11.0 x 11.3
124 sqft
28.1 x 19.7
551 sqft
4 Pc Bath
3.3 x 3.3
11 sqft
Rooms
13
Listed Room Area
1,957 sqft
Source
Estimated from MLS room dimensions
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