222 Furnival Road, West Elgin, ON

$849,900

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7

Beds

7

Baths

3,000

Square feet

About 222 Furnival Road

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.

Features of 222 Furnival Road

MLS® # X12130175
Price $849,900
Bedrooms 7
Bathrooms 7.00
Square Footage 3,000
Type Residential Freehold
Sub-Type Multiplex
Style 2-Storey
Status Active

Community Information

Address 222 Furnival Road
Area Elgin
Subdivision Rodney
City West Elgin
Province ON
Postal Code N0L 2C0

Amenities

Parking Spaces 1
# of Garages 1
Garages Attached
Is Waterfront No
Pool None

Interior

Heating Other
Cooling Other
Fireplace No
Basement Unfinished

Exterior

Exterior Brick

Listing Details

OfficeBLUE FOREST REALTY INC.

Listing Map

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