7 Beds 7 Bath

222 Furnival Road, West Elgin, ON N0L 2C0

West Elgin N0L 2C0 Ontario

MLS: X12130175

$849,900

Added 128 days ago | For Sale

Listed by: BLUE FOREST REALTY INC.

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:7
  • Land Size: 38.33 X 122
  • Water:Municipal
  • Garage Spaces: /Attached
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:VICTORIA
  • Basement:Unfinished , Unfinished
  • Possession Date:asap
  • Annual Property taxes: $3754.49
  • Bedrooms:7
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Other
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12130175

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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