194 Furnival Road, West Elgin
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. (id:1945)
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Property details for 194 Furnival Road, West Elgin
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 3
- Lot Size
- 66 x 120.9 FT ; IRREGULAR
- Stories
- 2
- Basement
- Unfinished, Full
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Annual Taxes
- $1,487 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 194 Furnival Road
Active Listings
1
Min Price
$699,000
Max Price
$699,000
Avg Price
$699,000
Days on Market
283
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
January 6, 2026
by EXP REALTY
Current Price
$699,000
Type
Multi-family
For Sale
Contact Agent Get in touch about 194 Furnival Road, West Elgin
KAMALPREET KAUR
EXP REALTY
