For sale222 Furnival Road, West Elgin, ON N0L 2C0
West Elgin, ON N0L 2C0
About this property
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 facts & features
- Property type
- Multiplex
- MLS® number
- X13642802
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 7
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N0L 2C0
- Parking spaces
- 1
- Garage
- Attached
- Lot depth (source units)
- 122
- Annual property tax
- 4336.36
- Basement
- Unfinished
- Laundry
- Not provided
- Interior features
- Separate Hydro Meter
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $850,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
Sign in to request eligible VOW access →Plan your monthly ownership costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
A verified map location is not yet available for this listing.
Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.
Explore active properties in West Elgin →Listing brokerage: RE/MAX ADVANTAGE REALTY LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13642802. Information deemed reliable but not guaranteed.