222 Furnival Road

Rodney, West Elgin, N0L 2C0

$850,000

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  • 7 bedrooms
  • 7 bathrooms
  • 1 parking
  • 3000-3500 sq ft

Listed 75 days ago · MLS® X13642802

About this home

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.

Details

Type
Multiplex
Style
2-Storey
Size
3000-3500 sq ft
Lot
38.33 × 122 ft
Basement
Unfinished
Garage
Attached
Kitchens
6
Property tax
$4,336 (2026)
Neighbourhood
Rodney
Municipality
West Elgin

Interior

Bedrooms
7 above ground
Bathrooms
2 × 2-piece (main), 1 × 3-piece (main), 4 × 4-piece (upper)
Rooms
15 above ground
Family room or den
No
Fireplace
No
Features
Separate Hydro Meter

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Flat
Foundation
Brick
Faces
West

Parking

Garage spaces
1
Total parking
1

Lot

Size
38.33 × 122 ft

More

Possession
ASAP
Cross street
VICTORIA

History of this address

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

Listed by RE/MAX ADVANTAGE REALTY LTD..

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

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