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194 Furnival Road

Rodney, West Elgin, N0L 2C0

$699,000

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  • 6 bedrooms
  • 3 bathrooms
  • 4 parking
  • 2500-3000 sq ft

Listed 287 days ago · MLS® X12664774

About this home

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.

Details

Type
Multiplex
Style
2-Storey
Age
100+ years
Size
2500-3000 sq ft
Lot
66 × 120.94 ft
Basement
Full, Unfinished
Garage
None
Kitchens
3
Property tax
$1,487 (2025)
Neighbourhood
Rodney
Municipality
West Elgin

Interior

Bedrooms
6 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (main), 1 × 4-piece (second)
Rooms
18 above ground
Family room or den
Yes
Fireplace
No
Features
In-Law Capability, Separate Hydro Meter, Water Heater Owned, Water Purifier

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Age
100+
Faces
North
Outdoor
Deck, Privacy, Workshop, Shed, Additional Garage(s)

Parking

Total parking
4
Driveway and parking
Private Double

Lot

Size
66 × 120.94 ft
Acreage
2-4.99

More

Possession
flexible
Nearby
Rec./Commun.Centre, School, Beach
Cross street
Furnival Road and Queens St

Rooms

RoomLevelSizeFeatures
BedroomMain3.7 × 4.37 m (12'2" × 14'4")
BedroomMain3.18 × 3.57 m (10'5" × 11'9")
Living RoomMain4.96 × 4.83 m (16'3" × 15'10")Combined w/Kitchen
LaundryMain1.99 × 3.13 m (6'6" × 10'3")
BathroomMain2.23 × 2.67 m (7'4" × 8'9")4 Pc Bath
BedroomMain3.78 × 2.4 m (12'5" × 7'10")
SittingMain3.78 × 2.1 m (12'5" × 6'11")Combined w/Kitchen
BathroomMain2.27 × 1.3 m (7'5" × 4'3")4 Pc Bath
Primary BedroomSecond4.47 × 4.6 m (14'8" × 15'1")
BedroomSecond3.35 × 4.15 m (11' × 13'7")
BedroomSecond3.35 × 3.45 m (11' × 11'4")
Family RoomSecond8.55 × 5.99 m (28'1" × 19'8")
BathroomSecond1 × 1 m (3'3" × 3'3")4 Pc Bath

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 2 cafés and restaurants, 0 parks.

Schools nearby

Elementary

  • Aldborough Public School
    EQAO: Gr 6 reading 64%, math 31%    1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N0L

Owners / renters
87% / 13%
Median household income
$100,000
Average age
42
Children under 15
18%
Homes
90% detached, 0% high-rise
Commute by transit
0%
Population
49,817

Languages spoken most at home besides English: German 0.4%, Portuguese 0.3%, Spanish 0.2%, Pennsylvania German 0.2%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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