$849,900
222 Furnival Road, West Elgin, ON N0L 2C0
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
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Furnival Road

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