194 Furnival Road, West Elgin, ON N0L 2C0
Rodney, West Elgin · Near Furnival Road and Queens St · View map
About this home
Solid TRIPLEX with STRONG CASHFLOW POTENTIAL & value-add, development WITH severance potential on over 2.5 acres within minutes to Highway 401 and approximately 30 minutes to London! VACANT ON POSSESSION. 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.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 18
- Basement
- Full, Unfinished
- Lot size
- 66 x 120.9 ft
- Faces
- North
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $1,487/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- flexible
- Cross street
- Furnival Road and Queens St
- Neighbourhood
- Rodney
More
- Price per sq ft
- ~$254 (at 2,750 sq ft)
- MLS® number
- X12664774
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The home and its surroundings
- In-Law Capability
- Separate Hydro Meter
- Water Heater Owned
- Water Purifier
- Rec./Commun.Centre
- School
- Beach
- Deck
- Privacy
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
194 Furnival Road, West Elgin, ON N0L 2C0
Rodney, West Elgin · Near Furnival Road and Queens St
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Listing history for 194 Furnival Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 194 Furnival Road
Answers come straight from this home’s MLS® listing.
How much is 194 Furnival Road listed for, and what would it cost each month?
194 Furnival Road is listed for $699,000. With 20% down ($139,800), the mortgage payment would be roughly $2,820 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,943 a month, all in. That figure is an illustration, not a quote.
Is 194 Furnival Road freehold or a condo, and is there a monthly fee?
194 Furnival Road is a multiplex in Rodney, West Elgin. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 194 Furnival Road have?
194 Furnival Road has 6 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 194 Furnival Road have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 194 Furnival Road have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 194 Furnival Road?
194 Furnival Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 194 Furnival Road, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 120.9 ft.
How is 194 Furnival Road heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 194 Furnival Road?
Property taxes are $1,487 a year (2025), or about $124 a month.
Where is 194 Furnival Road?
194 Furnival Road is in the Rodney community of West Elgin. The nearest main intersection is Furnival Road and Queens St. The postal code is N0L 2C0.
Is 194 Furnival Road still for sale?
Yes. It is an active listing (MLS® X12664774). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 194 Furnival Road asking?
Similar properties for sale nearby right now include 222 Furnival Road at $775,000 (7 bed), LOT 9 QUEENS Line at $699,900 (3 bed) and LOT 18 QUEENS Line at $625,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 194 Furnival Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 194 Furnival Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Rodney, picked by style, size and price.
Multiplex$775,000222 Furnival Road, West Elgin7 bed · 7 bath · RodneyCourtesy of: RE/MAX ADVANTAGE REALTY LTD.View home →
Detached home$699,900LOT 9 QUEENS Line, West Elgin3 bed · 3 bath · RodneyCourtesy of: BLUE FOREST REALTY INC.View home →
Detached home$625,000LOT 18 QUEENS Line, West Elgin3 bed · 3 bath · RodneyCourtesy of: BLUE FOREST REALTY INC.View home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.