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194 Furnival Road

Rodney / West Elgin, ON N0L 2C0

ActiveFor Sale
6 Beds
3 Baths
2,500 Sq Ft
3 Lot Sq Ft
Single Family Home
Virtual Tour Available

About This Property

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.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size2,500 sq ft
Lot Size3 sq ft
Bedrooms6
Bathrooms3
Taxes (2025)$1,487
Postal CodeN0L 2C0
Last UpdatedOct 28, 2026 · 3:30 p.m.

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Features & Amenities

  • Basement

Buying or selling in West Elgin?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X12664774

Listed by EXP REALTY

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$699,000

asking price

MLS®X12664774
TypeSingle Family Home
CityWest Elgin
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,413

/month · $559,200 mortgage

Down Payment20% — $139,800
Interest Rate5.5%

Amortization

Total Interest

$464,793

Total Cost

$1,023,993

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

EXP REALTY