A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 222 Furnival Rd, West Elgin Ontario N0L 2C0
2 days on Market

222 Furnival Rd, West Elgin, Ontario N0L 2C0

Townhouse
7
7
~3000-3500 sqft
$849,900
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Townhouse
7
7
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$263/sqft

Est. Mortgage$3,650/mo

Tax Amount (2024)$3,754/yr

Days On Market2 days


Description

This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building's overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size4,676 SqFt(122 x 38.33)
Parking Spaces1
MLS ®NumberX12130175
Community NameWest Elgin
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Other
Cooling: Other
Basement: Unfinished

Features

Lot size: 4,676 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 0

Total parking spaces 1


Property History

May 7, 2025
ListedActive
$849,900
2 days on market
history photo preview22
Listing by trreb®
Property listed by BLUE FOREST REALTY INC., Brokerage
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Market Data - West Elgin

Geo Zone Map ThumbnailWest Elgin

Strong Seller's Market

View Market Data

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

1 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 (%)

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

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%

Schools and amenities

Estimated Budget