For Sale

222 Furnival Road, West Elgin, Ontario N0L 2C0

$849,900

222 Furnival Road, West Elgin, Ontario N0L 2C0 is For Sale and has a listing price of 849,900. The property is located in the West Elgin . It's been on the website for 59 Days.

  • Multiplex
    Property Type
  • 7
    Bedrooms
  • 7
    Bathrooms
  • MLS ID: X12130175
  • Office Name BLUE FOREST REALTY INC.
Property Description

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.

Property Details
  • Bedrooms: 7
  • MLS ID: X12130175
  • Bathrooms: 7
  • Price: $849,900
  • Lot Depth: 122
  • Transaction Types: For Sale
  • Ref ID: X12130175
  • Year Built: N/A
  • Approx Sqft: 3000-3500
  • Dir / Cross St: VICTORIA
  • Status: Active
  • Tax Year: 2024
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/07/2025 X12130175 $849,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Elgin
  • $845,992 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 167.65 % Up
  • Sold (12mo) 34
  • Rented (12mo) 1

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Other
  • Heat Source Other
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Attached
  • Parking Spaces: 1
  • Exterior Brick
  • Kitchen 6
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 4
  • Taxes: $3,754
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: asap
  • Listing Entry Date: 07/05/2025 14:27:00
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