Three distinct commercial storefronts with brick and stone facades More Photos

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    For Sale - 222 Furnival Road, West Elgin, Ontario

    Est payment $4,082/mo
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    Views   4
    Time on Jump  64 day

    AI Summary *

    • Well-maintained building in a prime location with strong investment potential.
    • Annual Net Operating Income of $61,368 adds to appeal.
    • Includes 5 residential units and 1 popular commercial unit.
    • Four residential units are currently tenanted for steady rental income.
    • Flexible layout and updated systems enhance property value and efficiency.




    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.
    Listing IDX13642802
    Address222 Furnival Road
    CityWest Elgin, Ontario
    Price$850,000
    Bed / Bath7 / 7 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement UnfinishedFoundation BrickHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: RE/MAX ADVANTAGE REALTY LTD.

    * 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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    222 Furnival Road
    West Elgin , Ontario
    7 7 $850,000
    Get more info