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.
For sale
C$699,000
194 Furnival Rd, West Elgin, ON N0L 2C0
6beds
3baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 23 days |
- 9 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 14, 2026 at 04:13pm
Listed by:
EXP REALTY
Source: TRREB,MLS®#: X12664774
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Primary bedroom
- Level: Second
- Dimensions: 4.47 x 4.6
Bedroom
- Level: Second
- Dimensions: 3.35 x 3.45
Bedroom
- Level: Second
- Dimensions: 3.35 x 4.15
Bedroom
- Level: Main
- Dimensions: 3.78 x 2.4
Bedroom
- Level: Main
- Dimensions: 3.18 x 3.57
Bedroom
- Level: Main
- Dimensions: 3.7 x 4.37
Bathroom
- Level: Main
- Dimensions: 2.27 x 1.3
Bathroom
- Level: Main
- Dimensions: 2.23 x 2.67
Bathroom
- Level: Second
- Dimensions: 1 x 1
Family room
- Level: Second
- Dimensions: 8.55 x 5.99
Laundry
- Level: Main
- Dimensions: 1.99 x 3.13
Living room
- Level: Main
- Dimensions: 4.96 x 4.83
Other
- Level: Main
- Dimensions: 3.78 x 2.1
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Water Heater Owned, Water Purifier
Features
- In-Law Capability, Separate Hydro Meter
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Living area range: 2500-3000 null
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Private Double
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Privacy
- Pool features: None
Lot
- Size: 2.5 Square Feet
- Features: Rec./Commun.Centre, School, Other, Beach
Details
- Additional structures: Workshop, Shed, Additional Garage(s)
- Parcel number: 351050324
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Unknown
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: West Elgin
Financial & listing details
- Tax assessed value: C$96,000
- Annual tax amount: C$1,487
- Date on market: 1/6/2026
EXP REALTY
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: N0L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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