For Sale

194 Furnival Road, West Elgin, Ontario N0L 2C0

$699,000

194 Furnival Road, West Elgin, Ontario N0L 2C0 is For Sale and has a listing price of 699,000. The property is located in the West Elgin neighbourhood . It's been on the website for 1 Day.

  • Multiplex
    Property Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12664774
  • Office Name EXP REALTY
Property Description

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.

Property Details
  • Bedrooms: 6
  • MLS ID: X12664774
  • Bathrooms: 3
  • Price: $699,000
  • Lot Depth: 120.94
  • Transaction Types: For Sale
  • Ref ID: X12664774
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Furnival Road and Queens St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
01/06/2026 X12664774 $699,000 For Sale - -
05/22/2025 X12167417 $699,000 For Sale -
12/19/2024 X11897649 $699,000 Cancelled 05/22/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Elgin
  • $784,966 Average List Price
    based on 1 year
  • 5 New Listings
    based on 30 days
  • 96 Median Days on Market
    based on 1 year
  • List vs. Selling Price 154.16 % Up
  • Sold (12mo) 60
  • Rented (12mo) 2

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    77.49%
  • Commercial
    21.15%
  • Condo
    0.56%
  • Land for Sale
    0.8%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Vinyl Siding
  • Kitchen 3
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $1,487
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 06/01/2026 03:56:04
Want to see this property?