194 Furnival Road, West Elgin, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Rodney. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 66 x 120.94 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Separate Hydro Meter, Water Heater Owned
- Efficient forced air heating via gas
Description
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.
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Property Summary
This multiplex located at 194 Furnival Road, West Elgin is currently for sale and has been available on SousaSells for 236 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 6 beds, 3 bathrooms, and is 2500-3000 square feet. 194 Furnival Road, West Elgin is in the Rodney neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Rodney, West Elgin.
- •6 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Rodney, West Elgin.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Rec./Commun.Centre
- School
- Other
- Beach
Interior Features
- In-Law Capability
- Separate Hydro Meter
- Water Heater Owned
- Water Purifier
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 194 Furnival Road, West Elgin, ON
Q.What is the asking price for 194 Furnival Road, West Elgin, ON ?
The current listing price for 194 Furnival Road, West Elgin, ON in Rodney, West Elgin is $699,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 194 Furnival Road, West Elgin, ON ?
194 Furnival Road, West Elgin, ON is a Multiplex (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 194 Furnival Road, West Elgin, ON offer?
Key property features include: Rec./Commun.Centre, School, Other, Beach.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Separate Hydro Meter, Water Heater Owned, Water Purifier.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Rodney, West Elgin
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 194 Furnival Road, West Elgin, ON N0L 2C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in West Elgin, ON
For a property listed at $699,000 in West Elgin, the legal minimum down payment is $44,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,455 for this transaction. As this listing is in West Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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