Price reducedMultiplex

222 Furnival Road

Rodney, N0L 2C0

$775,000Reduced from $850,000
Bedrooms
7
Bathrooms
7
Interior
3,000-3,500 ft²
Lot
38.33 × 122 ft
Type
Multiplex
On the market
99 days

About this home

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

  • Separate Hydro Meter

Property details

MLS® number
X13642802
Property type
Multiplex
Style
2-Storey
Bedrooms
7
Bathrooms
7
Kitchens
6
Interior size
3,000-3,500 ft²
Lot
38.33 × 122 ft
Basement
Unfinished
Heating
Forced Air, Gas
Sewer
Sewer
Parking
1 spaces, garage: attached
Exterior
Brick
Roof
Flat
Foundation
Brick
Property taxes
$4,336 (2026)
Possession
ASAP
Cross street
VICTORIA
Community
Rodney
Municipality
Rodney

Location

Rodney, near VICTORIA

222 Furnival Road, Rodney

Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$3,432a month

$155,000 down, 4.5%, 25 years

Down payment

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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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