Frank Gallo
Sales Representative
Homelife Classic Realty Inc., Brokerage, Brokerage
Independently owned and operated.
1600 Steeles Ave. W, Unit 36, Vaughan, Ontario L4K4M2
Cell: 416-433-5981Office: 647-479-8477Fax: 647-479-8457
$699,000
Available - For Sale
Listing ID: X12664774
194 Furnival Road , West Elgin, N0L 2C0, Elgin
| 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. |
| Price | $699,000 |
| Taxes: | $1487.00 |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 194 Furnival Road , West Elgin, N0L 2C0, Elgin |
| Acreage: | 2-4.99 |
| Directions/Cross Streets: | Furnival Road and Queens St |
| Rooms: | 18 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bedroom | 12.14 | 14.33 | |
| Room 2 | Main | Bedroom | 10.43 | 11.71 | |
| Room 3 | Main | Living Ro | 16.27 | 15.84 | Combined w/Kitchen |
| Room 4 | Main | Laundry | 6.53 | 10.27 | |
| Room 5 | Main | Bathroom | 7.31 | 8.76 | 4 Pc Bath |
| Room 6 | Main | Bedroom | 12.4 | 7.87 | |
| Room 7 | Main | Sitting | 12.4 | 6.89 | Combined w/Kitchen |
| Room 8 | Main | Bathroom | 7.45 | 4.26 | 4 Pc Bath |
| Room 9 | Second | Primary B | 14.66 | 15.09 | |
| Room 10 | Second | Bedroom | 10.99 | 13.61 | |
| Room 11 | Second | Bedroom | 10.99 | 11.32 | |
| Room 12 | Second | Family Ro | 28.04 | 19.65 | |
| Room 13 | Second | Bathroom | 3.28 | 3.28 | 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Other Structures: | Workshop, Shed |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Rec./Commun., School |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Frank Gallo
Sales Representative
Dir:
416-433-5981
Bus:
647-479-8477
Fax:
647-479-8457
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Elgin |
| Municipality: | West Elgin |
| Neighbourhood: | Rodney |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $1,487 |
| Beds: | 6 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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