194 FURNIVAL ROAD
West Elgin, Ontario, N0L2C0
For Sale | $699,000 | 6 beds | 3 baths
Key facts
- Property type: Multi-family
- Structure: Other
- Transaction: For Sale
- Price: $699,000
- Bedrooms: 6
- Bathrooms: 3
- Lot size: 66 x 120.9 FT ; IRREGULAR
- Parking: 4
- Listing key: 29218722
Listing overview
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 proj...
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