Re-listed 1 day ago

194 Furnival Rd, West Elgin, Ontario N0L 2C0

Townhouse
6
3
~2500-3000 sqft
$•••,•••
$699,000
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Townhouse
6
3
~2500-3000 sqft

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Highlights

Property Estimate

Days on market1 day

Total days on market
384 days

Estimated valueNot available

Price/Sqft$256/sqft

Monthly cost

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Description

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.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size7,982 SqFt(120.94 x 66)
Parking Spaces4
MLS ®NumberX12664774
Community NameWest Elgin
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Basement: Full, Unfinished

Main Floor

Br

3.7 x 4.37

Br

3.78 x 2.4

Br

3.18 x 3.57

Living

4.96 x 4.83

Combined W/Kitchen


Features

Lot size: 7,982 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by EXP REALTY, Brokerage
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Market Data - West Elgin

Geo Zone Map ThumbnailWest Elgin

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

New Listings

Past 30 days

0 listing

Compared to

Units sold

Past 30 days

0 unit

Compared to

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 4880
Average household income $97,730

Age (%)

0 to 19
19%
20 to 34
16%
35 to 49
16%
50 to 64
24%
65 and plus
24%

Household composition (%)

Single family
70%
Single person
27%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
91%
Others
3%
Portuguese
3%
French
1%
Dutch
1%

House tenancy (%)

Owners
84%
Renters
16%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget