Price reduced
$775,000Was $850,000
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Multiplex
194 Furnival Road
Rodney, N0L 2C0
$699,000
- Bedrooms
- 6
- Bathrooms
- 3
- Interior
- 2,500-3,000 ft²
- Lot
- 2.5 acres
- Type
- Multiplex
- On the market
- 311 days
About this home
Solid TRIPLEX with STRONG CASHFLOW POTENTIAL & value-add, development WITH severance potential on over 2.5 acres within minutes to Highway 401 and approximately 30 minutes to London! VACANT ON POSSESSION. 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.
Take the virtual tourFeatures
- In-Law Capability
- Separate Hydro Meter
- Water Heater Owned
- Water Purifier
- Deck
- Privacy
Property details
- MLS® number
- X12664774
- Property type
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Interior size
- 2,500-3,000 ft²
- Approximate age
- 100+ years
- Lot
- 2.5 acres
- Basement
- Full, Unfinished
- Heating
- Forced Air, Gas
- Sewer
- Sewer
- Parking
- 4 spaces
- Exterior
- Vinyl Siding
- Roof
- Asphalt Shingle
- Property taxes
- $1,487 (2025)
- Possession
- flexible
- Cross street
- Furnival Road and Queens St
- Community
- Rodney
- Municipality
- Rodney
Rooms
Bedroom
12' 2" × 14' 4"
Main
Bedroom
10' 5" × 11' 9"
Main
Living Room
16' 3" × 15' 10"
Main
Combined w/Kitchen
Laundry
6' 6" × 10' 3"
Main
Bathroom
7' 4" × 8' 9"
Main
4 Pc Bath
Bedroom
12' 5" × 7' 10"
Main
Sitting
12' 5" × 6' 11"
Main
Combined w/Kitchen
Bathroom
7' 5" × 4' 3"
Main
4 Pc Bath
Primary Bedroom
14' 8" × 15' 1"
Second
Bedroom
11' × 13' 7"
Second
Bedroom
11' × 11' 4"
Second
Family Room
28' 1" × 19' 8"
Second
Bathroom
3' 3" × 3' 3"
Second
4 Pc Bath
| Room | Level | Size | Features |
|---|---|---|---|
| Bedroom | Main | 12' 2" × 14' 4" | |
| Bedroom | Main | 10' 5" × 11' 9" | |
| Living Room | Main | 16' 3" × 15' 10" | Combined w/Kitchen |
| Laundry | Main | 6' 6" × 10' 3" | |
| Bathroom | Main | 7' 4" × 8' 9" | 4 Pc Bath |
| Bedroom | Main | 12' 5" × 7' 10" | |
| Sitting | Main | 12' 5" × 6' 11" | Combined w/Kitchen |
| Bathroom | Main | 7' 5" × 4' 3" | 4 Pc Bath |
| Primary Bedroom | Second | 14' 8" × 15' 1" | |
| Bedroom | Second | 11' × 13' 7" | |
| Bedroom | Second | 11' × 11' 4" | |
| Family Room | Second | 28' 1" × 19' 8" | |
| Bathroom | Second | 3' 3" × 3' 3" | 4 Pc Bath |
Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.
Location
Rodney, near Furnival Road and Queens St
194 Furnival Road, Rodney
Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$3,095a month
$139,800 down, 4.5%, 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.
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