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    For Sale - 194 Furnival Road, West Elgin, Ontario

    Est payment $3,357/mo
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    Views   3
    Time on Jump  276 day

    AI Summary *

    • Triplex with solid cashflow potential and development opportunities on 2.5 acres.
    • Two turnkey units ready for immediate occupancy, optimizing rental income.
    • Third unit offers significant value-add opportunity for increased ROI.
    • High-ceiling basement with separate entrance can be converted into additional units.
    • Walking distance to local shops and close to beaches for convenience.




    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.
    Listing IDX12664774
    Address194 Furnival Road
    CityWest Elgin, Ontario
    Price$699,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Multiplex
    ConstructionVinyl Siding
    Land Size2.5
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features In-Law Capability, Separate Hydro Meter, Water Heater Owned, Water PurifierOutdoor Features Deck, PrivacyAmenities Rec./Commun.Centre, School, Other, BeachOwnership FreeholdBasement Full, UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    194 Furnival Road
    West Elgin , Ontario
    6 3 $699,000
    Get more info