222 Furnival Road, West Elgin, ON Image 1

$849,900

Multiplex For Sale
MLS - #X12130175
May 7- By BLUE FOREST REALTY INC.

222 Furnival Road, West Elgin, ON N0L 2C0

7 Bed
7 Bath
3000-3500 Sqft.
Attached Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

2-Storey

Approx. Area

3000-3500 Sqft

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.

Home Overview

Last updated

May 7

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Unfinished
Cooling:Other
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
84990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 222 Furnival Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3246.04/ month

Some information about this property - Furnival Road

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