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.
Details
X12664774
4
$699,000
Owner
None
3 + 3
2-Storey
6
3
2500-3000 Sqft
2.5 Acres
100+
Multiplex
Sale
Additional details
Forced Air / Gas
M1
$1487
2025
PLAN 67 BLK D LOTS 2 AND 7 PT LOTS 3 AND 6 PLAN 202 LOT 37 PT LOT 36 UNREG
N/A
N
2.5
Full,Unfinished
None
Deck,Privacy
Rec./Commun.Centre,School,Other,Beach
Municipal
Rooms
Bedroom
Main Level
4.37 x 3.7
Bedroom
Main Level
3.57 x 3.18
Living Room
Main Level
4.83 x 4.96
Laundry
Main Level
3.13 x 1.99
Bathroom
Main Level
2.67 x 2.23
Bedroom
Main Level
2.4 x 3.78
Sitting
Main Level
2.1 x 3.78
Bathroom
Main Level
1.3 x 2.27
Primary Bedroom
Second Level
4.6 x 4.47
Bedroom
Second Level
4.15 x 3.35
Bedroom
Second Level
3.45 x 3.35
Family Room
Second Level
5.99 x 8.55
Bathroom
Second Level
1 x 1
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FAQ
What is the total square footage of the X12664774 - 194 Furnival Road, West Elgin, ON N0L 2C0?
The total square footage of this property is 2500-3000 SqFt.
What schools near to X12664774 - 194 Furnival Road, West Elgin, ON N0L 2C0?