For Sale

Multi-family opportunity

194 FURNIVAL ROAD · West Elgin (Rodney), Ontario N0L2C0

Asking price$699,000
Property typeMulti-family
Land areaAvailable on request

The Opportunity

Overview

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. (id:61970)

Investment highlights

  1. 01Multi-family

Property details

Property type
Multi-family
Transaction
sale
Listing brokerage
EXP REALTY
Listing representative
KAMALPREET KAUR
Board / association
Toronto

Financial information

Asking$699,000

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Location intelligence

West Elgin (Rodney)

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
29218722
Last supplied
January 15, 2026
Listing brokerage
EXP REALTY
Listing representative
KAMALPREET KAUR
Board / association
Toronto

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Listing brokerage: EXP REALTY · Listing representative: KAMALPREET KAUR · Board/association: Toronto · Updated: Jan 15, 2026

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